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

Allison Transmission Holdings, Inc. (NYSE:ALSN) SVP John Coll sold 2,000 shares of the business’s stock in a transaction on Friday, November 15th. The stock was sold at an average price of $117.73, for a total transaction of $235,460.00. Following the transaction, the senior vice president now directly owns 8,420 shares in the company, valued at approximately $991,286.60. The trade was a 19.19 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website.

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

• On Thursday, August 29th, John Coll sold 2,000 shares of Allison Transmission stock. The stock was sold at an average price of $90.98, for a total value of $181,960.00.

Allison Transmission Stock Performance

NYSE ALSN traded down $1.43 during trading hours on Tuesday, hitting $115.98. The company had a trading volume of 420,519 shares, compared to its average volume of 617,443. Allison Transmission Holdings, Inc. has a fifty-two week low of $53.00 and a fifty-two week high of $121.36. The firm has a market cap of $10.05 billion, a P/E ratio of 14.12, a price-to-earnings-growth ratio of 2.06 and a beta of 0.98. The company has a quick ratio of 2.25, a current ratio of 2.83 and a debt-to-equity ratio of 1.48. The business has a fifty day simple moving average of $100.78 and a 200-day simple moving average of $87.37.

Allison Transmission (NYSE:ALSN) last posted its earnings results on Tuesday, October 29th. The auto parts company reported $2.27 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.01 by $0.26. The firm had revenue of $824.00 million during the quarter, compared to analyst estimates of $790.08 million. Allison Transmission had a net margin of 22.66% and a return on equity of 51.13%. Allison Transmission’s revenue was up 12.0% on a year-over-year basis. During the same period in the previous year, the business posted $1.76 EPS. Equities analysts predict that Allison Transmission Holdings, Inc. will post 8.21 EPS for the current year.

Allison Transmission Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, November 27th. Shareholders of record on Monday, November 18th will be given a dividend of $0.25 per share. The ex-dividend date of this dividend is Monday, November 18th. This represents a $1.00 dividend on an annualized basis and a yield of 0.86%. Allison Transmission’s dividend payout ratio (DPR) is presently 12.18%.

Analysts Set New Price Targets

ALSN has been the subject of a number of recent analyst reports. Bank of America raised their price target on shares of Allison Transmission from $67.00 to $77.00 and gave the stock an “underperform” rating in a research report on Wednesday, October 30th. Oppenheimer raised 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. Robert W. Baird upped their target price on shares of Allison Transmission from $103.00 to $108.00 and gave the company a “neutral” rating in a research note on Wednesday, October 30th. The Goldman Sachs Group lifted their price target on Allison Transmission from $72.00 to $82.00 and gave the stock a “sell” rating in a research note on Friday, November 1st. Finally, Citigroup upped their price objective on Allison Transmission from $97.00 to $109.00 and gave the company a “neutral” rating in a research note on Wednesday, October 9th. Two analysts have rated the stock with a sell rating, four have given a hold rating, two have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $92.25.

Institutional Investors Weigh In On Allison Transmission

Several institutional investors have recently bought and sold shares of ALSN. FMR LLC lifted its stake in shares of Allison Transmission by 24.3% in the 3rd quarter. FMR LLC now owns 12,745,697 shares of the auto parts company’s stock worth $1,224,479,000 after acquiring an additional 2,493,310 shares during the period. Renaissance Technologies LLC boosted its holdings in Allison Transmission by 1.1% during the second quarter. Renaissance Technologies LLC now owns 3,522,519 shares of the auto parts company’s stock worth $267,359,000 after buying an additional 39,700 shares in the last quarter. Geode Capital Management LLC grew its position in Allison Transmission by 4.2% in the third quarter. Geode Capital Management LLC now owns 1,961,834 shares of the auto parts company’s stock worth $188,511,000 after buying an additional 79,506 shares during the last quarter. Dimensional Fund Advisors LP increased its holdings in shares of Allison Transmission by 2.2% in the second quarter. Dimensional Fund Advisors LP now owns 1,893,618 shares of the auto parts company’s stock valued at $143,716,000 after buying an additional 41,168 shares in the last quarter. Finally, State Street Corp boosted its stake in shares of Allison Transmission by 0.8% during the 3rd quarter. State Street Corp now owns 1,682,076 shares of the auto parts company’s stock worth $161,597,000 after acquiring an additional 13,252 shares in the last quarter. Institutional investors and hedge funds own 96.90% of the company’s stock.

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.