Caption Management LLC Has $605,000 Stock Holdings in Allison Transmission Holdings, Inc. (NYSE:ALSN)

Caption Management LLC lessened its holdings in Allison Transmission Holdings, Inc. (NYSE:ALSN - Free Report) by 94.4% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 5,597 shares of the auto parts company's stock after selling 94,403 shares during the period. Caption Management LLC's holdings in Allison Transmission were worth $605,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in ALSN. Transce3nd LLC acquired a new stake in shares of Allison Transmission during the fourth quarter worth $25,000. SRH Advisors LLC purchased a new stake in shares of Allison Transmission during the fourth quarter worth about $26,000. World Investment Advisors LLC purchased a new position in shares of Allison Transmission during the 3rd quarter worth $29,000. Kestra Investment Management LLC purchased a new position in shares of Allison Transmission during the 4th quarter worth $30,000. Finally, Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of Allison Transmission during the 4th quarter worth $31,000. Institutional investors own 96.90% of the company's stock.

Analyst Ratings Changes

ALSN has been the subject of a number of research analyst reports. Robert W. Baird lowered their target price on Allison Transmission from $123.00 to $100.00 and set a "neutral" rating for the company in a report on Tuesday, April 15th. StockNews.com upgraded Allison Transmission from a "hold" rating to a "buy" rating in a report on Friday, May 2nd. Morgan Stanley raised their target price on Allison Transmission from $94.00 to $100.00 and gave the stock an "equal weight" rating in a research report on Tuesday, May 6th. Citigroup cut their target price on Allison Transmission from $108.00 to $95.00 and set a "neutral" rating on the stock in a research report on Tuesday, April 8th. Finally, JPMorgan Chase & Co. cut their target price on Allison Transmission from $110.00 to $98.00 and set a "neutral" rating on the stock in a research report on Friday, April 11th. Two investment analysts have rated the stock with a sell rating, four have given a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat.com, Allison Transmission currently has an average rating of "Hold" and an average target price of $98.63.

Allison Transmission Trading Up 3.1%

Allison Transmission stock traded up $3.03 during trading on Monday, hitting $101.74. The company's stock had a trading volume of 166,684 shares, compared to its average volume of 637,989. The company has a debt-to-equity ratio of 1.45, a quick ratio of 2.42 and a current ratio of 3.04. Allison Transmission Holdings, Inc. has a 1-year low of $71.49 and a 1-year high of $122.53. The stock has a market capitalization of $8.57 billion, a price-to-earnings ratio of 12.25 and a beta of 0.97. The stock's fifty day moving average is $93.72 and its 200 day moving average is $105.46.

Allison Transmission (NYSE:ALSN - Get Free Report) last posted its quarterly earnings data on Thursday, May 1st. The auto parts company reported $2.23 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.97 by $0.26. Allison Transmission had a return on equity of 47.95% and a net margin of 22.67%. The company had revenue of $766.00 million for the quarter, compared to the consensus estimate of $792.18 million. During the same period in the previous year, the business earned $1.90 EPS. Allison Transmission's revenue for the quarter was down 2.9% compared to the same quarter last year. As a group, equities research analysts predict that Allison Transmission Holdings, Inc. will post 9.06 EPS for the current year.

Allison Transmission Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 30th. Stockholders of record on Monday, May 19th will be paid a $0.27 dividend. This represents a $1.08 dividend on an annualized basis and a dividend yield of 1.06%. The ex-dividend date is Monday, May 19th. Allison Transmission's dividend payout ratio is presently 12.50%.

Allison Transmission announced that its board has authorized a share repurchase plan on Thursday, February 20th that allows the company to repurchase $5.00 billion in shares. This repurchase authorization allows the auto parts company to purchase up to 57.1% of its stock through open market purchases. Stock repurchase plans are usually an indication that the company's management believes its shares are undervalued.

Insider Transactions at Allison Transmission

In other Allison Transmission news, SVP John Coll sold 1,788 shares of the stock in a transaction on Tuesday, April 1st. The stock was sold at an average price of $95.33, for a total value of $170,450.04. Following the transaction, the senior vice president now directly owns 15,388 shares in the company, valued at approximately $1,466,938.04. This trade represents a 10.41% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP Ryan A. Milburn sold 4,546 shares of the firm's stock in a transaction on Thursday, March 6th. The stock was sold at an average price of $96.20, for a total value of $437,325.20. Following the sale, the vice president now directly owns 14,138 shares in the company, valued at $1,360,075.60. The trade was a 24.33% decrease in their position. The disclosure for this sale can be found here. 1.10% of the stock is owned by insiders.

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.