2,329 Shares in Allison Transmission Holdings, Inc. (NYSE:ALSN) Bought by Kera Capital Partners Inc.

Kera Capital Partners Inc. bought a new stake in Allison Transmission Holdings, Inc. (NYSE:ALSN) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund bought 2,329 shares of the auto parts company’s stock, valued at approximately $252,000.

Other large investors have also added to or reduced their stakes in the company. HB Wealth Management LLC grew its position in shares of Allison Transmission by 5.3% in the 4th quarter. HB Wealth Management LLC now owns 4,772 shares of the auto parts company’s stock worth $516,000 after buying an additional 242 shares during the last quarter. Merit Financial Group LLC acquired a new stake in Allison Transmission in the fourth quarter valued at approximately $260,000. Cvfg LLC purchased a new position in Allison Transmission in the fourth quarter worth $289,000. Ritholtz Wealth Management increased its position in shares of Allison Transmission by 7.0% during the fourth quarter. Ritholtz Wealth Management now owns 20,784 shares of the auto parts company’s stock worth $2,246,000 after purchasing an additional 1,366 shares in the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of Allison Transmission during the 4th quarter valued at $31,000. 96.90% of the stock is currently owned by institutional investors.

Allison Transmission Trading Up 1.6 %

NYSE ALSN opened at $119.47 on Friday. The company has a fifty day moving average of $114.02 and a 200 day moving average of $99.15. The company has a market capitalization of $10.35 billion, a PE ratio of 14.55, a P/E/G ratio of 1.73 and a beta of 1.00. The company has a debt-to-equity ratio of 1.48, a current ratio of 2.83 and a quick ratio of 2.25. Allison Transmission Holdings, Inc. has a 1 year low of $55.81 and a 1 year high of $122.53.

Allison Transmission (NYSE:ALSN) last issued its earnings results on Tuesday, October 29th. The auto parts company reported $2.27 EPS for the quarter, topping analysts’ consensus estimates of $2.01 by $0.26. Allison Transmission had a return on equity of 51.13% and a net margin of 22.66%. The firm had revenue of $824.00 million for the quarter, compared to the consensus estimate of $790.08 million. During the same quarter in the prior year, the business earned $1.76 earnings per share. The company’s revenue was up 12.0% compared to the same quarter last year. Research analysts forecast that Allison Transmission Holdings, Inc. will post 8.26 earnings per share for the current year.

Allison Transmission Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, November 27th. Stockholders of record on Monday, November 18th were given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.84%. The ex-dividend date was Monday, November 18th. Allison Transmission’s dividend payout ratio (DPR) is presently 12.18%.

Analyst Ratings Changes

ALSN has been the topic of several recent analyst reports. Morgan Stanley upped their target price on Allison Transmission from $110.00 to $112.00 and gave the company an “equal weight” rating in a research report on Tuesday, December 17th. JPMorgan Chase & Co. increased their price objective on shares of Allison Transmission from $80.00 to $100.00 and gave the company a “neutral” rating in a research report on Friday, October 11th. Bank of America boosted their target price 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. The Goldman Sachs Group raised their price target on shares of Allison Transmission from $82.00 to $94.00 and gave the stock a “sell” rating in a report on Thursday, December 12th. Finally, Citigroup dropped their price objective on shares of Allison Transmission from $130.00 to $120.00 and set a “neutral” rating on the stock in a report on Tuesday, January 14th. Two research analysts have rated the stock with a sell rating, four have assigned a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $101.38.

Insider Activity at Allison Transmission

In other news, CEO David S. Graziosi sold 1,723 shares of the business’s stock in a transaction dated Wednesday, November 27th. The shares were sold at an average price of $120.26, for a total transaction of $207,207.98. Following the completion of the sale, the chief executive officer now owns 168,833 shares of the company’s stock, valued at $20,303,856.58. The trade was a 1.01 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, SVP John Coll sold 2,000 shares of the firm’s stock in a transaction dated Friday, November 15th. The shares were sold at an average price of $117.73, for a total transaction of $235,460.00. Following the completion of the transaction, the senior vice president now directly owns 8,420 shares in the company, valued at $991,286.60. This represents a 19.19 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 22,639 shares of company stock worth $2,683,537 in the last 90 days. Corporate insiders own 0.93% 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.