Kapitalo Investimentos Ltda Has $100,000 Stock Position in Allison Transmission Holdings, Inc. (NYSE:ALSN)

Kapitalo Investimentos Ltda lowered its holdings in shares of Allison Transmission Holdings, Inc. (NYSE:ALSN) by 68.6% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,717 shares of the auto parts company’s stock after selling 3,759 shares during the period. Kapitalo Investimentos Ltda’s holdings in Allison Transmission were worth $100,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. SRS Capital Advisors Inc. grew its stake in Allison Transmission by 256.6% during the fourth quarter. SRS Capital Advisors Inc. now owns 592 shares of the auto parts company’s stock worth $34,000 after purchasing an additional 426 shares during the period. Quent Capital LLC boosted its holdings in Allison Transmission by 42.3% in the fourth quarter. Quent Capital LLC now owns 706 shares of the auto parts company’s stock worth $41,000 after acquiring an additional 210 shares in the last quarter. TFO Wealth Partners LLC boosted its holdings in Allison Transmission by 8,975.0% in the fourth quarter. TFO Wealth Partners LLC now owns 726 shares of the auto parts company’s stock worth $42,000 after acquiring an additional 718 shares in the last quarter. Headlands Technologies LLC boosted its holdings in Allison Transmission by 237.4% in the fourth quarter. Headlands Technologies LLC now owns 1,110 shares of the auto parts company’s stock worth $65,000 after acquiring an additional 781 shares in the last quarter. Finally, Parkside Financial Bank & Trust boosted its holdings in Allison Transmission by 20.8% in the fourth quarter. Parkside Financial Bank & Trust now owns 1,229 shares of the auto parts company’s stock worth $71,000 after acquiring an additional 212 shares in the last quarter. Institutional investors and hedge funds own 96.90% of the company’s stock.

Allison Transmission Stock Performance

Shares of Allison Transmission stock opened at $75.27 on Thursday. The business’s fifty day simple moving average is $76.00 and its 200 day simple moving average is $69.78. The firm has a market capitalization of $6.58 billion, a P/E ratio of 10.05, a price-to-earnings-growth ratio of 1.37 and a beta of 1.02. Allison Transmission Holdings, Inc. has a 12 month low of $50.13 and a 12 month high of $83.42. The company has a current ratio of 2.51, a quick ratio of 1.95 and a debt-to-equity ratio of 1.79.

Allison Transmission (NYSE:ALSN) last issued its quarterly earnings results on Thursday, April 25th. The auto parts company reported $1.90 EPS for the quarter, topping analysts’ consensus estimates of $1.89 by $0.01. The business had revenue of $789.00 million for the quarter, compared to analyst estimates of $772.37 million. Allison Transmission had a return on equity of 55.83% and a net margin of 21.80%. Allison Transmission’s quarterly revenue was up 6.5% compared to the same quarter last year. During the same period last year, the company posted $1.85 earnings per share. As a group, analysts anticipate that Allison Transmission Holdings, Inc. will post 7.56 EPS for the current year.

Allison Transmission Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, May 31st. Investors of record on Monday, May 20th were issued a dividend of $0.25 per share. The ex-dividend date was Friday, May 17th. This represents a $1.00 dividend on an annualized basis and a yield of 1.33%. Allison Transmission’s dividend payout ratio (DPR) is currently 13.35%.

Insider Buying and Selling

In other Allison Transmission news, VP Rafael Basso sold 12,624 shares of the firm’s stock in a transaction on Thursday, May 30th. The stock was sold at an average price of $74.48, for a total value of $940,235.52. Following the completion of the sale, the vice president now directly owns 4,624 shares of the company’s stock, valued at $344,395.52. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 0.93% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several research analysts have issued reports on ALSN shares. Oppenheimer increased their price target on Allison Transmission from $67.00 to $90.00 and gave the stock an “outperform” rating in a report on Tuesday, March 26th. StockNews.com upgraded Allison Transmission from a “buy” rating to a “strong-buy” rating in a report on Friday, June 7th. The Goldman Sachs Group increased their price target on Allison Transmission from $55.00 to $63.00 and gave the stock a “sell” rating in a report on Tuesday, April 16th. JPMorgan Chase & Co. raised their target price on Allison Transmission from $70.00 to $78.00 and gave the company a “neutral” rating in a report on Monday, April 15th. Finally, Robert W. Baird raised their target price on Allison Transmission from $84.00 to $87.00 and gave the company a “neutral” rating in a report on Friday, April 26th. One analyst has rated the stock with a sell rating, four have assigned a hold rating, one has given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, Allison Transmission currently has a consensus rating of “Hold” and an average target price of $71.71.

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.