2,203 Shares in Allison Transmission Holdings, Inc. (NYSE:ALSN) Bought by Narus Financial Partners LLC

Narus Financial Partners LLC purchased a new stake in Allison Transmission Holdings, Inc. (NYSE:ALSN) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 2,203 shares of the auto parts company’s stock, valued at approximately $238,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Baader Bank Aktiengesellschaft acquired a new stake in shares of Allison Transmission during the fourth quarter worth $325,000. Smith Group Asset Management LLC acquired a new stake in Allison Transmission during the 4th quarter worth about $2,161,000. KBC Group NV raised its position in shares of Allison Transmission by 56.2% in the 4th quarter. KBC Group NV now owns 3,469 shares of the auto parts company’s stock worth $375,000 after acquiring an additional 1,248 shares in the last quarter. Blue Trust Inc. lifted its stake in shares of Allison Transmission by 30.5% in the 4th quarter. Blue Trust Inc. now owns 3,750 shares of the auto parts company’s stock valued at $405,000 after purchasing an additional 876 shares during the period. Finally, SJS Investment Consulting Inc. boosted its position in shares of Allison Transmission by 1,650.0% during the 4th quarter. SJS Investment Consulting Inc. now owns 420 shares of the auto parts company’s stock valued at $45,000 after purchasing an additional 396 shares in the last quarter. Institutional investors and hedge funds own 96.90% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have commented on the stock. Oppenheimer raised their price target on shares of Allison Transmission from $90.00 to $115.00 and gave the stock an “outperform” rating in a report on Wednesday, October 30th. Bank of America raised their target price on Allison Transmission from $67.00 to $77.00 and gave the company an “underperform” rating in a research note on Wednesday, October 30th. Morgan Stanley raised their price objective on Allison Transmission from $110.00 to $112.00 and gave the company an “equal weight” rating in a research note on Tuesday, December 17th. The Goldman Sachs Group upped their target price on Allison Transmission from $82.00 to $94.00 and gave the stock a “sell” rating in a research report on Thursday, December 12th. Finally, JPMorgan Chase & Co. lifted their price target 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. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, Allison Transmission presently has an average rating of “Hold” and an average price target of $101.38.

Allison Transmission Trading Up 2.1 %

ALSN stock opened at $118.83 on Friday. Allison Transmission Holdings, Inc. has a one year low of $60.26 and a one year high of $122.53. The company has a market capitalization of $10.29 billion, a PE ratio of 14.47, a price-to-earnings-growth ratio of 1.84 and a beta of 1.00. The company’s 50 day moving average price is $114.16 and its two-hundred day moving average price is $101.54. The company has a debt-to-equity ratio of 1.48, a quick ratio of 2.25 and a current ratio of 2.83.

Allison Transmission (NYSE:ALSN) last released its earnings results on Tuesday, October 29th. The auto parts company reported $2.27 earnings per share for the quarter, beating 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 company had revenue of $824.00 million during the quarter, compared to analyst estimates of $790.08 million. During the same quarter in the previous year, the company posted $1.76 EPS. Allison Transmission’s revenue for the quarter was up 12.0% on a year-over-year basis. As a group, analysts predict that Allison Transmission Holdings, Inc. will post 8.28 earnings per share for the current fiscal year.

Allison Transmission Dividend Announcement

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

Insider Buying and Selling at Allison Transmission

In other Allison Transmission news, CEO David S. Graziosi sold 1,723 shares of the firm’s stock in a transaction dated 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 in the company, valued at $20,303,856.58. This trade represents a 1.01 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, SVP John Coll sold 2,000 shares of the company’s 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 $991,286.60. This trade represents a 19.19 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 22,639 shares of company stock worth $2,683,537. 1.10% of the stock is currently owned by company insiders.

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.