John Coll Sells 2,000 Shares of Allison Transmission Holdings, Inc. (NYSE:ALSN) Stock

Allison Transmission Holdings, Inc. (NYSE:ALSN) SVP John Coll sold 2,000 shares of the firm’s stock in a transaction dated Friday, November 15th. The stock was sold at an average price of $117.73, for a total transaction of $235,460.00. Following the completion of the sale, the senior vice president now owns 8,420 shares of the company’s stock, valued at $991,286.60. This trade represents a 19.19 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

John Coll also recently made the following trade(s):

• On Thursday, August 29th, John Coll sold 2,000 shares of Allison Transmission stock. The shares were sold at an average price of $90.98, for a total value of $181,960.00.

Allison Transmission Stock Down 0.6 %

Allison Transmission stock opened at $115.30 on Thursday. The firm has a market cap of $9.99 billion, a price-to-earnings ratio of 14.04, a PEG ratio of 2.06 and a beta of 0.98. The company has a current ratio of 2.83, a quick ratio of 2.25 and a debt-to-equity ratio of 1.48. Allison Transmission Holdings, Inc. has a 12 month low of $53.00 and a 12 month high of $121.36. The stock has a fifty day simple moving average of $101.37 and a two-hundred day simple moving average of $87.67.

Allison Transmission (NYSE:ALSN) last released its quarterly earnings data on Tuesday, October 29th. The auto parts company reported $2.27 EPS for the quarter, topping the consensus estimate of $2.01 by $0.26. The company had revenue of $824.00 million during the quarter, compared to the consensus estimate of $790.08 million. Allison Transmission had a return on equity of 51.13% and a net margin of 22.66%. Allison Transmission’s revenue for the quarter was up 12.0% on a year-over-year basis. During the same period last year, the company earned $1.76 EPS. Equities analysts predict that Allison Transmission Holdings, Inc. will post 8.21 EPS for the current fiscal year.

Allison Transmission Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, November 27th. Investors of record on Monday, November 18th will be issued a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 0.87%. The ex-dividend date is Monday, November 18th. Allison Transmission’s dividend payout ratio is currently 12.18%.

Institutional Investors Weigh In On Allison Transmission

A number of large investors have recently added to or reduced their stakes in ALSN. Harbor Capital Advisors Inc. boosted its stake in shares of Allison Transmission by 238.0% in the 2nd quarter. Harbor Capital Advisors Inc. now owns 16,191 shares of the auto parts company’s stock worth $1,229,000 after buying an additional 11,401 shares during the last quarter. Janus Henderson Group PLC boosted its position in Allison Transmission by 25.3% in the first quarter. Janus Henderson Group PLC now owns 56,998 shares of the auto parts company’s stock worth $4,627,000 after purchasing an additional 11,495 shares during the last quarter. Quadrature Capital Ltd bought a new stake in shares of Allison Transmission during the 1st quarter valued at about $1,664,000. Artemis Investment Management LLP purchased a new stake in shares of Allison Transmission during the 2nd quarter valued at about $2,252,000. Finally, CWA Asset Management Group LLC bought a new position in shares of Allison Transmission in the 3rd quarter worth approximately $947,000. Institutional investors own 96.90% of the company’s stock.

Analyst Upgrades and Downgrades

ALSN has been the subject of several recent research reports. Robert W. Baird raised their price objective 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 lifted their price target on shares of Allison Transmission from $67.00 to $77.00 and gave the company an “underperform” rating in a research report on Wednesday, October 30th. Oppenheimer boosted their price objective on shares of Allison Transmission from $90.00 to $115.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 30th. Citigroup raised their target price on shares of Allison Transmission from $115.00 to $125.00 and gave the company a “neutral” rating in a research note on Wednesday. Finally, The Goldman Sachs Group boosted their price target on Allison Transmission from $72.00 to $82.00 and gave the stock a “sell” rating in a research report on Friday, November 1st. Two equities 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 given a strong buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $94.25.

About Allison Transmission

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.