Kapitalo Investimentos Ltda Makes New $274,000 Investment in Allison Transmission Holdings, Inc. (NYSE:ALSN)

Kapitalo Investimentos Ltda bought a new position in Allison Transmission Holdings, Inc. (NYSE:ALSN) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 2,852 shares of the auto parts company’s stock, valued at approximately $274,000.

Other institutional investors have also made changes to their positions in the company. Healthcare of Ontario Pension Plan Trust Fund acquired a new position in Allison Transmission in the fourth quarter worth $3,140,000. Nomura Holdings Inc. grew its position in shares of Allison Transmission by 7.6% during the 4th quarter. Nomura Holdings Inc. now owns 24,000 shares of the auto parts company’s stock valued at $1,396,000 after buying an additional 1,700 shares during the last quarter. Park Avenue Securities LLC acquired a new stake in Allison Transmission during the first quarter worth about $247,000. Counterpoint Mutual Funds LLC bought a new position in Allison Transmission in the first quarter worth about $292,000. Finally, DGS Capital Management LLC bought a new position in Allison Transmission in the first quarter worth about $299,000. 96.90% of the stock is currently owned by institutional investors.

Allison Transmission Trading Down 1.5 %

Allison Transmission stock opened at $98.32 on Wednesday. Allison Transmission Holdings, Inc. has a 12-month low of $50.13 and a 12-month high of $100.80. The company has a debt-to-equity ratio of 1.62, a current ratio of 2.78 and a quick ratio of 2.19. The stock has a market capitalization of $8.60 billion, a PE ratio of 13.13, a price-to-earnings-growth ratio of 1.78 and a beta of 0.99. The firm has a 50 day simple moving average of $90.91 and a 200-day simple moving average of $82.54.

Allison Transmission (NYSE:ALSN) last issued its quarterly earnings results on Thursday, July 25th. The auto parts company reported $2.13 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.04 by $0.09. Allison Transmission had a return on equity of 52.18% and a net margin of 21.95%. The firm had revenue of $816.00 million during the quarter, compared to analyst estimates of $799.44 million. During the same period last year, the company posted $1.92 EPS. The firm’s quarterly revenue was up 4.2% on a year-over-year basis. As a group, equities research analysts expect that Allison Transmission Holdings, Inc. will post 7.85 EPS for the current fiscal year.

Allison Transmission Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, August 30th. Shareholders of record on Monday, August 19th were given a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 1.02%. The ex-dividend date was Monday, August 19th. Allison Transmission’s dividend payout ratio (DPR) is presently 13.35%.

Insider Buying and Selling at Allison Transmission

In other news, SVP John Coll sold 2,000 shares of Allison Transmission stock in a transaction that occurred on Thursday, August 29th. The shares were sold at an average price of $90.98, for a total value of $181,960.00. Following the transaction, the senior vice president now owns 12,420 shares of the company’s stock, valued at $1,129,971.60. The trade was a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link. In other news, SVP John Coll sold 2,000 shares of the firm’s stock in a transaction on Thursday, August 29th. The stock was sold at an average price of $90.98, for a total transaction of $181,960.00. Following the completion of the sale, the senior vice president now directly owns 12,420 shares of the company’s stock, valued at $1,129,971.60. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, VP Thomas Eifert sold 1,741 shares of the business’s stock in a transaction on Monday, October 7th. The stock was sold at an average price of $100.00, for a total value of $174,100.00. Following the sale, the vice president now directly owns 9,601 shares in the company, valued at $960,100. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 5,741 shares of company stock valued at $546,060. 1.10% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on the company. Robert W. Baird increased their price target on Allison Transmission from $87.00 to $90.00 and gave the stock a “neutral” rating in a research report on Friday, July 26th. Raymond James started coverage on Allison Transmission in a research note on Friday, June 28th. They issued an “outperform” rating and a $85.00 target price on the stock. Citigroup upped their price target on shares of Allison Transmission from $97.00 to $109.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 9th. JPMorgan Chase & Co. lifted their price objective on shares of Allison Transmission from $80.00 to $100.00 and gave the company a “neutral” rating in a research report on Friday, October 11th. Finally, StockNews.com upgraded shares of Allison Transmission from a “buy” rating to a “strong-buy” rating in a research report on Thursday, October 10th. One analyst has rated the stock with a sell rating, four have given a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $86.86.

Allison Transmission Profile

Allison Transmission Holdings, Inc, together with its subsidiaries, designs, manufactures, and sells fully automatic transmissions for medium- and heavy-duty commercial vehicles and medium- and heavy-tactical U.S. defense vehicles, and electrified propulsion systems worldwide. It provides commercial-duty on-highway, off-highway and defense fully automatic transmissions, and electric hybrid and fully electric systems.