288 Shares in Allison Transmission Holdings, Inc. (NYSE:ALSN) Purchased by Thurston Springer Miller Herd & Titak Inc.

Thurston Springer Miller Herd & Titak Inc. bought a new position in Allison Transmission Holdings, Inc. (NYSE:ALSN) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 288 shares of the auto parts company’s stock, valued at approximately $31,000.

A number of other hedge funds also recently made changes to their positions in the company. Wealth Enhancement Advisory Services LLC lifted its position in shares of Allison Transmission by 0.7% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 15,370 shares of the auto parts company’s stock worth $1,661,000 after buying an additional 100 shares in the last quarter. Quarry LP raised its position in Allison Transmission by 46.7% during the third quarter. Quarry LP now owns 358 shares of the auto parts company’s stock valued at $34,000 after purchasing an additional 114 shares during the period. Harvest Fund Management Co. Ltd raised its position in Allison Transmission by 3.5% during the third quarter. Harvest Fund Management Co. Ltd now owns 3,697 shares of the auto parts company’s stock valued at $355,000 after purchasing an additional 126 shares during the period. Venturi Wealth Management LLC raised its position in Allison Transmission by 27.8% during the third quarter. Venturi Wealth Management LLC now owns 744 shares of the auto parts company’s stock valued at $71,000 after purchasing an additional 162 shares during the period. Finally, Private Advisor Group LLC raised its position in Allison Transmission by 4.4% during the third quarter. Private Advisor Group LLC now owns 3,972 shares of the auto parts company’s stock valued at $382,000 after purchasing an additional 167 shares during the period. 96.90% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Allison Transmission news, SVP John Coll sold 2,000 shares of Allison Transmission stock in a transaction dated Tuesday, December 31st. The stock was sold at an average price of $108.40, for a total transaction of $216,800.00. Following the completion of the transaction, the senior vice president now owns 6,420 shares in the company, valued at approximately $695,928. This trade represents a 23.75 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO David S. Graziosi sold 11,590 shares of Allison Transmission stock in a transaction dated Friday, November 29th. The shares were sold at an average price of $119.44, for a total value of $1,384,309.60. Following the transaction, the chief executive officer now owns 168,833 shares of the company’s stock, valued at $20,165,413.52. The trade was a 6.42 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 22,639 shares of company stock worth $2,683,537 in the last 90 days. Insiders own 0.93% of the company’s stock.

Allison Transmission Stock Performance

Shares of ALSN opened at $119.47 on Friday. Allison Transmission Holdings, Inc. has a 12 month low of $55.81 and a 12 month high of $122.53. The stock has a fifty day moving average price of $114.02 and a 200-day moving average price of $99.15. The company has a current ratio of 2.83, a quick ratio of 2.25 and a debt-to-equity ratio of 1.48. The firm has a market cap of $10.35 billion, a PE ratio of 14.55, a P/E/G ratio of 1.73 and a beta of 1.00.

Allison Transmission (NYSE:ALSN) last issued its quarterly earnings data on Tuesday, October 29th. The auto parts company reported $2.27 EPS for the quarter, beating the consensus estimate 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 during the quarter, compared to analyst estimates of $790.08 million. During the same quarter in the prior year, the business posted $1.76 EPS. The business’s revenue for the quarter was up 12.0% compared to the same quarter last year. Equities research analysts predict that Allison Transmission Holdings, Inc. will post 8.26 earnings per share for the current fiscal year.

Allison Transmission Dividend Announcement

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

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the company. StockNews.com upgraded Allison Transmission from a “buy” rating to a “strong-buy” rating in a research report on Thursday, December 26th. Morgan Stanley upped their price objective 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. Robert W. Baird increased their price target on Allison Transmission from $103.00 to $108.00 and gave the stock a “neutral” rating in a report on Wednesday, October 30th. Oppenheimer increased their price target on Allison Transmission from $90.00 to $115.00 and gave the stock an “outperform” rating in a report on Wednesday, October 30th. Finally, Citigroup reduced their price target 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 analysts have rated the stock with a sell rating, four have issued a hold rating, two have given a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $101.38.

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.