Wolf Group Capital Advisors Decreases Stock Holdings in Allison Transmission Holdings, Inc. (NYSE:ALSN)

Wolf Group Capital Advisors decreased its stake in Allison Transmission Holdings, Inc. (NYSE:ALSN - Free Report) by 24.6% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 11,740 shares of the auto parts company's stock after selling 3,832 shares during the period. Wolf Group Capital Advisors' holdings in Allison Transmission were worth $1,123,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in ALSN. Transce3nd LLC acquired a new stake in shares of Allison Transmission in the fourth quarter valued at about $25,000. Kestra Investment Management LLC bought a new stake in shares of Allison Transmission during the 4th quarter valued at about $30,000. Vermillion Wealth Management Inc. bought a new stake in shares of Allison Transmission during the 4th quarter valued at about $31,000. Proficio Capital Partners LLC bought a new stake in shares of Allison Transmission during the 4th quarter valued at about $42,000. Finally, MassMutual Private Wealth & Trust FSB boosted its position in shares of Allison Transmission by 363.0% during the 1st quarter. MassMutual Private Wealth & Trust FSB now owns 500 shares of the auto parts company's stock valued at $48,000 after purchasing an additional 392 shares in the last quarter. Institutional investors and hedge funds own 96.90% of the company's stock.

Allison Transmission Stock Down 1.7%

NYSE:ALSN traded down $1.56 on Friday, hitting $90.66. The stock had a trading volume of 1,511,094 shares, compared to its average volume of 662,822. The business's fifty day moving average is $97.97 and its 200 day moving average is $102.88. The company has a market cap of $7.64 billion, a PE ratio of 10.49 and a beta of 1.00. The company has a quick ratio of 2.37, a current ratio of 3.05 and a debt-to-equity ratio of 1.44. Allison Transmission Holdings, Inc. has a 52 week low of $73.65 and a 52 week high of $122.53.

Allison Transmission (NYSE:ALSN - Get Free Report) last announced its quarterly earnings results 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. The business had revenue of $766.00 million for the quarter, compared to analyst estimates of $792.18 million. Allison Transmission had a return on equity of 46.97% and a net margin of 23.55%. The company's quarterly revenue was down 2.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.90 earnings per share. On average, equities research analysts expect that Allison Transmission Holdings, Inc. will post 9.06 EPS for the current fiscal year.

Allison Transmission Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 30th. Stockholders of record on Monday, May 19th were paid a $0.27 dividend. This represents a $1.08 annualized dividend and a dividend yield of 1.19%. The ex-dividend date of this dividend was Monday, May 19th. Allison Transmission's dividend payout ratio (DPR) is presently 12.50%.

Analysts Set New Price Targets

Several brokerages recently commented on ALSN. Raymond James Financial cut their target price on Allison Transmission from $115.00 to $110.00 and set an "outperform" rating on the stock in a research report on Monday, April 14th. Wall Street Zen upgraded Allison Transmission from a "hold" rating to a "buy" rating in a research report on Saturday, June 14th. The Goldman Sachs Group upped their target price on Allison Transmission from $80.00 to $90.00 and gave the company a "sell" rating in a research report on Tuesday, May 27th. 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, Robert W. Baird cut their target price on Allison Transmission from $123.00 to $100.00 and set a "neutral" rating on the stock in a research report on Tuesday, April 15th. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of "Hold" and a consensus target price of $98.38.

Insider Transactions at Allison Transmission

In other news, VP Ryan A. Milburn sold 3,412 shares of the stock in a transaction that occurred on Wednesday, May 21st. The stock was sold at an average price of $105.24, for a total value of $359,078.88. Following the completion of the sale, the vice president now directly owns 11,924 shares of the company's stock, valued at $1,254,881.76. This represents a 22.25% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, SVP John Coll sold 1,788 shares of the stock in a transaction that occurred 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 completion of the sale, the senior vice president now directly owns 15,388 shares of the company's stock, valued at approximately $1,466,938.04. This trade represents a 10.41% decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 1.10% of the company's stock.

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.