Blue Trust Inc. Lowers Stock Position in Allison Transmission Holdings, Inc. (NYSE:ALSN)

Blue Trust Inc. cut its stake in shares of Allison Transmission Holdings, Inc. (NYSE:ALSN) by 6.0% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 2,702 shares of the auto parts company’s stock after selling 172 shares during the period. Blue Trust Inc.’s holdings in Allison Transmission were worth $292,000 as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in ALSN. SRH Advisors LLC purchased a new stake in Allison Transmission during the 4th quarter worth $26,000. World Investment Advisors LLC purchased a new stake in Allison Transmission during the 3rd quarter worth $29,000. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in Allison Transmission during the 4th quarter worth $31,000. Quarry LP boosted its position in Allison Transmission by 46.7% during the 3rd quarter. Quarry LP now owns 358 shares of the auto parts company’s stock worth $34,000 after purchasing an additional 114 shares during the period. Finally, SJS Investment Consulting Inc. boosted its position in Allison Transmission by 1,650.0% during the 4th quarter. SJS Investment Consulting Inc. now owns 420 shares of the auto parts company’s stock worth $45,000 after purchasing an additional 396 shares during the period. 96.90% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Allison Transmission

In related news, SVP John Coll sold 2,000 shares of the business’s stock in a transaction dated Tuesday, December 31st. The shares were sold at an average price of $108.40, for a total transaction of $216,800.00. Following the completion of the sale, the senior vice president now owns 6,420 shares of the company’s stock, valued at $695,928. This represents a 23.75 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO David S. Graziosi sold 1,723 shares of the business’s stock in a transaction dated Wednesday, November 27th. The shares were sold at an average price of $120.26, for a total transaction of $207,207.98. Following the sale, the chief executive officer now directly owns 168,833 shares of the company’s stock, valued at approximately $20,303,856.58. This represents a 1.01 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 20,639 shares of company stock valued at $2,448,077 in the last quarter. Insiders own 1.10% of the company’s stock.

Allison Transmission Stock Performance

Shares of Allison Transmission stock opened at $103.65 on Wednesday. The firm has a market cap of $8.98 billion, a PE ratio of 12.62, a price-to-earnings-growth ratio of 1.82 and a beta of 1.00. The firm’s 50-day simple moving average is $112.51 and its 200-day simple moving average is $104.08. The company has a debt-to-equity ratio of 1.48, a quick ratio of 2.25 and a current ratio of 2.83. Allison Transmission Holdings, Inc. has a 1 year low of $67.61 and a 1 year high of $122.53.

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

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on the stock. Morgan Stanley upped their price target 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. Citigroup cut their price objective on shares of Allison Transmission from $120.00 to $115.00 and set a “neutral” rating on the stock in a report on Wednesday, February 12th. StockNews.com lowered shares of Allison Transmission from a “strong-buy” rating to a “buy” rating in a report on Thursday, February 13th. Oppenheimer boosted their price objective on shares of Allison Transmission from $90.00 to $115.00 and gave the stock an “outperform” rating in a report on Wednesday, October 30th. Finally, Robert W. Baird boosted their price objective on shares of Allison Transmission from $103.00 to $108.00 and gave the stock a “neutral” rating in a report on Wednesday, October 30th. Two equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat, Allison Transmission presently has an average rating of “Hold” and a consensus target price of $100.75.

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.