Choreo LLC Has $477,000 Holdings in Allison Transmission Holdings, Inc. (NYSE:ALSN)

Choreo LLC raised its stake in Allison Transmission Holdings, Inc. (NYSE:ALSN) by 13.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 4,414 shares of the auto parts company’s stock after acquiring an additional 516 shares during the period. Choreo LLC’s holdings in Allison Transmission were worth $477,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. World Investment Advisors LLC acquired a new stake in shares of Allison Transmission in the third quarter valued at approximately $29,000. Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of Allison Transmission in the 4th quarter valued at $31,000. Quarry LP lifted its holdings in shares of Allison Transmission by 46.7% during the 3rd quarter. Quarry LP now owns 358 shares of the auto parts company’s stock valued at $34,000 after purchasing an additional 114 shares in the last quarter. SJS Investment Consulting Inc. raised its stake in shares of Allison Transmission by 1,650.0% in the 4th quarter. SJS Investment Consulting Inc. now owns 420 shares of the auto parts company’s stock valued at $45,000 after purchasing an additional 396 shares during the period. Finally, Wilmington Savings Fund Society FSB bought a new position in Allison Transmission in the third quarter valued at $67,000. 96.90% of the stock is owned by institutional investors.

Insider Buying and Selling at Allison Transmission

In other Allison Transmission news, SVP John Coll sold 2,000 shares of the business’s stock in a transaction on Friday, November 15th. The shares were sold at an average price of $117.73, for a total value of $235,460.00. Following the completion of the sale, the senior vice president now directly owns 8,420 shares of the company’s stock, valued at $991,286.60. The trade was a 19.19 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO David S. Graziosi sold 1,723 shares of Allison Transmission stock in a transaction on Wednesday, November 27th. The stock was sold at an average price of $120.26, for a total transaction of $207,207.98. Following the completion of the transaction, the chief executive officer now directly owns 168,833 shares in the company, valued at approximately $20,303,856.58. The trade was a 1.01 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 22,639 shares of company stock valued at $2,683,537 in the last 90 days. Corporate insiders own 1.10% of the company’s stock.

Allison Transmission Price Performance

Shares of NYSE ALSN opened at $114.15 on Wednesday. Allison Transmission Holdings, Inc. has a 1-year low of $61.04 and a 1-year high of $122.53. The company has a current ratio of 2.83, a quick ratio of 2.25 and a debt-to-equity ratio of 1.48. The stock has a fifty day simple moving average of $113.66 and a two-hundred day simple moving average of $103.48. The firm has a market cap of $9.89 billion, a price-to-earnings ratio of 13.90, a price-to-earnings-growth ratio of 1.82 and a beta of 1.00.

Allison Transmission (NYSE:ALSN) last announced its quarterly earnings results on Tuesday, February 11th. The auto parts company reported $2.01 earnings per share for the quarter, beating the consensus estimate of $1.90 by $0.11. Allison Transmission had a return on equity of 51.13% and a net margin of 22.66%. Analysts anticipate that Allison Transmission Holdings, Inc. will post 8.22 earnings per share for the current year.

Wall Street Analyst Weigh In

Several analysts have issued reports on the company. Citigroup dropped their price objective on Allison Transmission from $130.00 to $120.00 and set a “neutral” rating on the stock in a research note on Tuesday, January 14th. Bank of America boosted their target price on shares of Allison Transmission from $67.00 to $77.00 and gave the stock an “underperform” rating in a research note on Wednesday, October 30th. StockNews.com upgraded Allison Transmission from a “buy” rating to a “strong-buy” rating in a report on Thursday, December 26th. The Goldman Sachs Group increased their price objective on shares of Allison Transmission from $82.00 to $94.00 and gave the stock a “sell” rating in a research report on Thursday, December 12th. Finally, Morgan Stanley boosted their target price on shares of Allison Transmission from $110.00 to $112.00 and gave the stock an “equal weight” rating in a research report on Tuesday, December 17th. Two research analysts have rated the stock with a sell rating, four have issued a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of $101.38.

Allison Transmission Company 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.