SRH Advisors LLC Invests $26,000 in Allison Transmission Holdings, Inc. (NYSE:ALSN)

SRH Advisors LLC purchased a new stake in shares of Allison Transmission Holdings, Inc. (NYSE:ALSN) during the 4th quarter, according to its most recent disclosure with the SEC. The fund purchased 240 shares of the auto parts company’s stock, valued at approximately $26,000.

A number of other institutional investors have also added to or reduced their stakes in ALSN. Summit Trail Advisors LLC raised its position in Allison Transmission by 25.3% in the fourth quarter. Summit Trail Advisors LLC now owns 13,136 shares of the auto parts company’s stock valued at $1,419,000 after purchasing an additional 2,650 shares during the last quarter. Entropy Technologies LP increased its stake in shares of Allison Transmission by 31.0% in the fourth quarter. Entropy Technologies LP now owns 8,907 shares of the auto parts company’s stock valued at $962,000 after buying an additional 2,108 shares during the period. Empirical Finance LLC raised its holdings in Allison Transmission by 70.5% in the 4th quarter. Empirical Finance LLC now owns 13,440 shares of the auto parts company’s stock valued at $1,452,000 after buying an additional 5,559 shares during the last quarter. Wilmington Savings Fund Society FSB boosted its position in Allison Transmission by 214.7% during the 4th quarter. Wilmington Savings Fund Society FSB now owns 2,184 shares of the auto parts company’s stock worth $236,000 after buying an additional 1,490 shares during the period. Finally, GHP Investment Advisors Inc. grew its holdings in Allison Transmission by 51.6% during the 4th quarter. GHP Investment Advisors Inc. now owns 11,993 shares of the auto parts company’s stock worth $1,296,000 after acquiring an additional 4,081 shares during the last quarter. 96.90% of the stock is currently owned by institutional investors and hedge funds.

Allison Transmission Trading Up 0.0 %

Shares of ALSN stock opened at $114.15 on Wednesday. Allison Transmission Holdings, Inc. has a fifty-two week low of $61.04 and a fifty-two week high of $122.53. The company has a debt-to-equity ratio of 1.48, a quick ratio of 2.25 and a current ratio of 2.83. The stock has a 50 day simple moving average of $113.66 and a two-hundred day simple moving average of $103.48. The company has a market cap of $9.89 billion, a P/E ratio of 13.90, a PEG ratio of 1.82 and a beta of 1.00.

Allison Transmission (NYSE:ALSN) last announced its quarterly earnings data on Tuesday, February 11th. The auto parts company reported $2.01 EPS for the quarter, topping the consensus estimate of $1.90 by $0.11. Allison Transmission had a net margin of 22.66% and a return on equity of 51.13%. Research analysts forecast that Allison Transmission Holdings, Inc. will post 8.22 earnings per share for the current year.

Insiders Place Their Bets

In other Allison Transmission news, SVP John Coll sold 2,000 shares of the stock in a transaction that occurred on Friday, November 15th. The stock was sold at an average price of $117.73, for a total value of $235,460.00. Following the transaction, the senior vice president now owns 8,420 shares in the company, valued at approximately $991,286.60. This represents a 19.19 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO David S. Graziosi sold 1,723 shares of the firm’s stock in a transaction that occurred on Wednesday, November 27th. The shares were sold at an average price of $120.26, for a total value of $207,207.98. Following the completion of the sale, the chief executive officer now directly owns 168,833 shares of the company’s stock, valued at $20,303,856.58. This trade represents a 1.01 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 22,639 shares of company stock worth $2,683,537. 1.10% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the stock. Morgan Stanley raised their price target on shares of Allison Transmission from $110.00 to $112.00 and gave the company an “equal weight” rating in a research note on Tuesday, December 17th. StockNews.com raised Allison Transmission from a “buy” rating to a “strong-buy” rating in a research report on Thursday, December 26th. Robert W. Baird upped their price target on Allison Transmission from $103.00 to $108.00 and gave the company a “neutral” rating in a research report on Wednesday, October 30th. Bank of America raised their price objective on Allison Transmission from $67.00 to $77.00 and gave the stock an “underperform” rating in a research report on Wednesday, October 30th. Finally, Citigroup reduced their target price on 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 issued a hold rating, two have given a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $101.38.

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.