11,199 Shares in Allison Transmission Holdings, Inc. $ALSN Bought by Atlas Capital Advisors Inc.

Key Points

• Atlas Capital Advisors opened a new position in Allison Transmission Holdings, buying 11,199 shares valued at about $1.1 million in the fourth quarter.
• The company recently posted better-than-expected quarterly results, with EPS of $2.57 versus $2.10 expected and revenue of $1.41 billion, up 83.6% year over year.
• Analyst sentiment remains cautious overall: Allison Transmission has a consensus Hold rating with an average price target of $120.29, while the stock also carries a 1.0% dividend yield.

Atlas Capital Advisors Inc. bought a new position in shares of Allison Transmission Holdings, Inc. (NYSE:ALSN - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 11,199 shares of the auto parts company's stock, valued at approximately $1,096,000.

Several other institutional investors and hedge funds have also bought and sold shares of ALSN. Rossby Financial LCC boosted its stake in Allison Transmission by 107.0% during the third quarter. Rossby Financial LCC now owns 296 shares of the auto parts company's stock worth $25,000 after acquiring an additional 153 shares in the last quarter. Larson Financial Group LLC boosted its stake in Allison Transmission by 536.7% during the fourth quarter. Larson Financial Group LLC now owns 312 shares of the auto parts company's stock worth $31,000 after acquiring an additional 263 shares in the last quarter. Transamerica Financial Advisors LLC boosted its stake in Allison Transmission by 2,112.5% during the fourth quarter. Transamerica Financial Advisors LLC now owns 354 shares of the auto parts company's stock worth $35,000 after acquiring an additional 338 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. bought a new position in Allison Transmission during the fourth quarter worth $51,000. Finally, Advisory Services Network LLC bought a new position in Allison Transmission during the third quarter worth $61,000. 96.90% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several research analysts recently issued reports on the stock. Morgan Stanley increased their target price on shares of Allison Transmission from $117.00 to $126.00 and gave the stock an "equal weight" rating in a research note on Wednesday, May 13th. Wells Fargo & Company increased their target price on shares of Allison Transmission from $127.00 to $137.00 and gave the stock an "equal weight" rating in a research note on Wednesday, May 6th. Zacks Research lowered shares of Allison Transmission from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, March 24th. Oppenheimer upped their price objective on shares of Allison Transmission from $115.00 to $135.00 and gave the stock an "outperform" rating in a report on Tuesday, February 24th. Finally, Citigroup upped their price objective on shares of Allison Transmission from $130.00 to $135.00 and gave the stock a "neutral" rating in a report on Monday, April 13th. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat.com, Allison Transmission has an average rating of "Hold" and a consensus target price of $120.29.

Allison Transmission Stock Performance

ALSN opened at $117.40 on Monday. The company has a current ratio of 1.85, a quick ratio of 1.18 and a debt-to-equity ratio of 2.23. The company's fifty day moving average price is $121.29 and its two-hundred day moving average price is $112.90. Allison Transmission Holdings, Inc. has a 1-year low of $76.01 and a 1-year high of $137.62. The company has a market cap of $9.74 billion, a price-to-earnings ratio of 18.26, a PEG ratio of 0.63 and a beta of 0.94.

Allison Transmission (NYSE:ALSN - Get Free Report) last released its quarterly earnings data on Monday, May 4th. The auto parts company reported $2.57 earnings per share for the quarter, topping the consensus estimate of $2.10 by $0.47. Allison Transmission had a net margin of 14.88% and a return on equity of 37.50%. The firm had revenue of $1.41 billion for the quarter, compared to the consensus estimate of $1.38 billion. During the same quarter in the prior year, the company posted $2.23 earnings per share. The business's revenue was up 83.6% on a year-over-year basis. On average, analysts expect that Allison Transmission Holdings, Inc. will post 9.96 EPS for the current fiscal year.

Allison Transmission Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, May 29th. Stockholders of record on Monday, May 18th were issued a $0.29 dividend. The ex-dividend date was Monday, May 18th. This represents a $1.16 annualized dividend and a dividend yield of 1.0%. Allison Transmission's dividend payout ratio is currently 18.04%.

Insider Activity at Allison Transmission

In other news, CFO Scott A. Mell sold 2,270 shares of the stock in a transaction dated Friday, May 8th. The shares were sold at an average price of $125.00, for a total value of $283,750.00. Following the completion of the sale, the chief financial officer owned 1,053 shares in the company, valued at $131,625. This represents a 68.31% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 1.10% of the stock is currently owned by corporate insiders.

Allison Transmission 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.

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