Allison Transmission Holdings, Inc. (NYSE:ALSN) SVP John Coll Sells 2,000 Shares of Stock

Allison Transmission Holdings, Inc. (NYSE:ALSN) SVP John Coll sold 2,000 shares of the company’s stock in a transaction on Thursday, August 29th. The shares were 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 in the company, valued at $1,129,971.60. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

John Coll also recently made the following trade(s):

• On Friday, June 28th, John Coll sold 2,000 shares of Allison Transmission stock. The shares were sold at an average price of $75.06, for a total value of $150,120.00.

Allison Transmission Price Performance

Shares of NYSE ALSN opened at $89.08 on Wednesday. The company has a debt-to-equity ratio of 1.62, a quick ratio of 2.19 and a current ratio of 2.78. The firm has a fifty day moving average of $83.43 and a 200 day moving average of $78.93. The firm has a market cap of $7.79 billion, a PE ratio of 11.89, a PEG ratio of 1.66 and a beta of 0.99. Allison Transmission Holdings, Inc. has a one year low of $50.13 and a one year high of $92.82.

Allison Transmission (NYSE:ALSN) last released its earnings results on Thursday, July 25th. The auto parts company reported $2.13 EPS for the quarter, topping analysts’ consensus estimates of $2.04 by $0.09. The business had revenue of $816.00 million during the quarter, compared to analysts’ expectations of $799.44 million. Allison Transmission had a net margin of 21.95% and a return on equity of 52.18%. The company’s quarterly revenue was up 4.2% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.92 earnings per share. As a group, research analysts predict that Allison Transmission Holdings, Inc. will post 7.89 EPS for the current fiscal year.

Allison Transmission Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, August 30th. Shareholders of record on Monday, August 19th were issued a dividend of $0.25 per share. The ex-dividend date was Monday, August 19th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.12%. Allison Transmission’s payout ratio is currently 13.35%.

Institutional Trading of Allison Transmission

Institutional investors have recently made changes to their positions in the company. Van ECK Associates Corp lifted its stake in shares of Allison Transmission by 14.5% in the fourth quarter. Van ECK Associates Corp now owns 27,476 shares of the auto parts company’s stock worth $1,598,000 after buying an additional 3,473 shares in the last quarter. Victory Capital Management Inc. lifted its stake in Allison Transmission by 201.0% in the 4th quarter. Victory Capital Management Inc. now owns 109,688 shares of the auto parts company’s stock worth $6,378,000 after purchasing an additional 73,241 shares in the last quarter. Amalgamated Bank boosted its holdings in shares of Allison Transmission by 9.8% during the 4th quarter. Amalgamated Bank now owns 23,659 shares of the auto parts company’s stock worth $1,376,000 after purchasing an additional 2,104 shares during the last quarter. Private Advisor Group LLC grew its position in shares of Allison Transmission by 6.1% in the fourth quarter. Private Advisor Group LLC now owns 6,172 shares of the auto parts company’s stock valued at $359,000 after purchasing an additional 353 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. increased its holdings in shares of Allison Transmission by 1.2% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 682,650 shares of the auto parts company’s stock valued at $39,696,000 after purchasing an additional 8,234 shares during the last quarter. 96.90% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

ALSN has been the subject of several recent research reports. Robert W. Baird lifted their price target on Allison Transmission from $87.00 to $90.00 and gave the company a “neutral” rating in a research report on Friday, July 26th. StockNews.com lowered shares of Allison Transmission from a “strong-buy” rating to a “buy” rating in a report on Monday. The Goldman Sachs Group increased their price target on shares of Allison Transmission from $63.00 to $72.00 and gave the stock a “sell” rating in a report on Monday, July 29th. Citigroup started coverage on shares of Allison Transmission in a report on Wednesday, June 26th. They issued a “neutral” rating and a $80.00 price objective for the company. Finally, Raymond James started coverage on shares of Allison Transmission in a research note on Friday, June 28th. They set an “outperform” rating and a $85.00 target price on the stock. One investment analyst has rated the stock with a sell rating, four have given a hold rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat, Allison Transmission currently has a consensus rating of “Hold” and an average target price of $79.57.

About Allison Transmission

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.