XTX Topco Ltd Has $923,000 Stock Position in Allison Transmission Holdings, Inc. (NYSE:ALSN)

XTX Topco Ltd raised its stake in shares of Allison Transmission Holdings, Inc. (NYSE:ALSN - Free Report) by 106.0% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 9,650 shares of the auto parts company's stock after purchasing an additional 4,965 shares during the period. XTX Topco Ltd's holdings in Allison Transmission were worth $923,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the company. Vident Advisory LLC raised its position in shares of Allison Transmission by 1.0% during the fourth quarter. Vident Advisory LLC now owns 10,182 shares of the auto parts company's stock worth $1,100,000 after purchasing an additional 102 shares during the period. KBC Group NV lifted its stake in Allison Transmission by 3.7% in the first quarter. KBC Group NV now owns 3,596 shares of the auto parts company's stock valued at $344,000 after purchasing an additional 127 shares during the last quarter. GAMMA Investing LLC raised its stake in Allison Transmission by 9.8% in the 1st quarter. GAMMA Investing LLC now owns 1,550 shares of the auto parts company's stock valued at $148,000 after acquiring an additional 138 shares during the period. Delta Investment Management LLC lifted its position in shares of Allison Transmission by 3.4% during the fourth quarter. Delta Investment Management LLC now owns 4,540 shares of the auto parts company's stock worth $491,000 after acquiring an additional 151 shares in the last quarter. Finally, Private Trust Co. NA lifted its holdings in Allison Transmission by 32.8% during the 1st quarter. Private Trust Co. NA now owns 636 shares of the auto parts company's stock worth $61,000 after purchasing an additional 157 shares in the last quarter. Institutional investors and hedge funds own 96.90% of the company's stock.

Insider Buying and Selling at Allison Transmission

In other Allison Transmission news, VP Ryan A. Milburn sold 3,412 shares of the stock in a transaction that occurred on Wednesday, May 21st. The shares were 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 owned 11,924 shares of the company's stock, valued at $1,254,881.76. This trade represents a 22.25% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 1.20% of the company's stock.

Allison Transmission Stock Performance

Shares of NYSE ALSN traded up $0.42 during trading hours on Monday, reaching $88.11. The stock had a trading volume of 1,301,321 shares, compared to its average volume of 966,725. The firm has a 50-day moving average of $95.03 and a 200-day moving average of $98.65. The firm has a market cap of $7.42 billion, a price-to-earnings ratio of 10.20 and a beta of 0.97. The company has a current ratio of 3.05, a quick ratio of 2.37 and a debt-to-equity ratio of 1.44. Allison Transmission Holdings, Inc. has a fifty-two week low of $78.71 and a fifty-two week high of $122.53.

Allison Transmission (NYSE:ALSN - Get Free Report) last announced its quarterly earnings data on Monday, August 4th. The auto parts company reported $2.29 EPS for the quarter, beating analysts' consensus estimates of $2.22 by $0.07. Allison Transmission had a net margin of 23.55% and a return on equity of 46.97%. During the same period in the prior year, the company earned $2.13 earnings per share. The business's revenue was down .2% compared to the same quarter last year. Equities research analysts predict that Allison Transmission Holdings, Inc. will post 9.06 earnings per share for the current year.

Allison Transmission Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, May 30th. Investors of record on Monday, May 19th were issued a dividend of $0.27 per share. The ex-dividend date was Monday, May 19th. This represents a $1.08 annualized dividend and a dividend yield of 1.2%. Allison Transmission's payout ratio is presently 12.50%.

Wall Street Analyst Weigh In

A number of equities analysts have commented on the stock. Robert W. Baird cut their price target on shares of Allison Transmission from $123.00 to $100.00 and set a "neutral" rating for the company in a research note on Tuesday, April 15th. Citigroup cut their price objective on Allison Transmission from $105.00 to $100.00 and set a "neutral" rating on the stock in a research report on Tuesday, June 24th. The Goldman Sachs Group upped their price target on Allison Transmission from $80.00 to $90.00 and gave the stock a "sell" rating in a research note on Tuesday, May 27th. JPMorgan Chase & Co. lowered their price objective 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. Finally, Morgan Stanley boosted their target price on shares of Allison Transmission from $94.00 to $100.00 and gave the company an "equal weight" rating in a research note on Tuesday, May 6th. Two analysts have rated the stock with a sell rating, five have assigned a hold rating and two have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and an average target price of $98.38.

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.