Cwm LLC Acquires 4,986 Shares of Allison Transmission Holdings, Inc. $ALSN

Cwm LLC raised its holdings in shares of Allison Transmission Holdings, Inc. (NYSE:ALSN) by 20.7% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 29,068 shares of the auto parts company’s stock after purchasing an additional 4,986 shares during the period. Cwm LLC’s holdings in Allison Transmission were worth $2,846,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in ALSN. Rossby Financial LCC increased its stake in shares of Allison Transmission by 107.0% during the third quarter. Rossby Financial LCC now owns 296 shares of the auto parts company’s stock valued at $25,000 after purchasing an additional 153 shares in the last quarter. True Wealth Design LLC increased its stake in shares of Allison Transmission by 93.2% during the third quarter. True Wealth Design LLC now owns 452 shares of the auto parts company’s stock valued at $38,000 after purchasing an additional 218 shares in the last quarter. First Horizon Corp bought a new position in shares of Allison Transmission during the third quarter valued at approximately $40,000. SJS Investment Consulting Inc. increased its stake in shares of Allison Transmission by 4,716.7% during the third quarter. SJS Investment Consulting Inc. now owns 578 shares of the auto parts company’s stock valued at $49,000 after purchasing an additional 566 shares in the last quarter. Finally, Advisory Services Network LLC bought a new position in shares of Allison Transmission during the third quarter valued at approximately $61,000. Institutional investors own 96.90% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on ALSN shares. Zacks Research downgraded shares of Allison Transmission from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, March 24th. Citigroup raised their target price on shares of Allison Transmission from $130.00 to $135.00 and gave the company a “neutral” rating in a research note on Monday, April 13th. Weiss Ratings downgraded shares of Allison Transmission from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, February 25th. Wells Fargo & Company raised their target price on shares of Allison Transmission from $98.00 to $127.00 and gave the company an “equal weight” rating in a research note on Thursday, February 26th. Finally, Oppenheimer raised their price target on shares of Allison Transmission from $115.00 to $135.00 and gave the company an “outperform” rating in a research report on Tuesday, February 24th. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, six have given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, Allison Transmission currently has a consensus rating of “Hold” and a consensus price target of $114.13.

Allison Transmission Price Performance

Shares of ALSN opened at $136.02 on Friday. The company has a market capitalization of $11.31 billion, a P/E ratio of 18.56, a price-to-earnings-growth ratio of 0.88 and a beta of 0.97. The company has a quick ratio of 4.17, a current ratio of 4.85 and a debt-to-equity ratio of 1.55. The firm has a 50 day moving average of $120.43 and a 200 day moving average of $103.74. Allison Transmission Holdings, Inc. has a twelve month low of $76.01 and a twelve month high of $136.89.

Allison Transmission Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 20th. Investors of record on Monday, March 9th were given a dividend of $0.29 per share. This represents a $1.16 annualized dividend and a dividend yield of 0.9%. This is an increase from Allison Transmission’s previous quarterly dividend of $0.27. The ex-dividend date of this dividend was Monday, March 9th. Allison Transmission’s payout ratio is 15.83%.

Insider Buying and Selling at Allison Transmission

In related news, insider Eric C. Scroggins sold 1,313 shares of the firm’s stock in a transaction that occurred on Monday, March 9th. The shares were sold at an average price of $114.40, for a total transaction of $150,207.20. Following the completion of the sale, the insider owned 17,654 shares of the company’s stock, valued at $2,019,617.60. This trade represents a 6.92% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 1.10% of the stock is owned by company insiders.

Allison Transmission Company Profile

Allison Transmission Holdings Inc is a global designer, manufacturer and seller of fully automatic transmissions and hybrid propulsion systems for commercial duty vehicles and off-highway equipment. The company’s products are engineered to improve fuel efficiency, reduce emissions and enhance performance across a broad range of industries. Allison’s core transmission portfolio serves applications such as on-highway trucks and buses, medium- and heavy-duty commercial vehicles, and military ground vehicles.

In addition to conventional automatic transmissions, Allison offers advanced hybrid systems that integrate electric motors with mechanical transmission components.