Choreo LLC Grows Holdings in Allison Transmission Holdings, Inc. (NYSE:ALSN)

Choreo LLC increased its stake in shares of Allison Transmission Holdings, Inc. (NYSE:ALSN) by 13.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 4,414 shares of the auto parts company’s stock after buying an additional 516 shares during the quarter. Choreo LLC’s holdings in Allison Transmission were worth $477,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the stock. World Investment Advisors LLC acquired a new position in Allison Transmission during the 3rd quarter worth approximately $29,000. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of Allison Transmission during the 4th quarter worth $31,000. Quarry LP lifted its stake in shares of Allison Transmission by 46.7% in 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. SJS Investment Consulting Inc. raised its holdings in Allison Transmission by 1,650.0% during the fourth quarter. SJS Investment Consulting Inc. now owns 420 shares of the auto parts company’s stock worth $45,000 after purchasing an additional 396 shares during the last quarter. Finally, Wilmington Savings Fund Society FSB acquired a new stake in Allison Transmission in the 3rd quarter valued at about $67,000. Institutional investors and hedge funds own 96.90% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have issued reports on ALSN shares. Robert W. Baird upped their target price on shares of Allison Transmission from $103.00 to $108.00 and gave the company a “neutral” rating in a report on Wednesday, October 30th. The Goldman Sachs Group boosted their target price on shares of Allison Transmission from $82.00 to $94.00 and gave the stock a “sell” rating in a research report on Thursday, December 12th. Morgan Stanley lifted their price target on shares of Allison Transmission from $110.00 to $112.00 and gave the stock an “equal weight” rating in a research note on Tuesday, December 17th. StockNews.com upgraded shares of Allison Transmission from a “buy” rating to a “strong-buy” rating in a research note on Thursday, December 26th. Finally, Oppenheimer boosted their price target on shares of Allison Transmission from $90.00 to $115.00 and gave the company an “outperform” rating in a report on Wednesday, October 30th. Two research analysts have rated the stock with a sell rating, four have assigned a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $101.38.

Allison Transmission Stock Performance

NYSE:ALSN opened at $114.15 on Wednesday. Allison Transmission Holdings, Inc. has a twelve month low of $61.04 and a twelve month high of $122.53. The company has a 50-day moving average of $113.66 and a 200-day moving average of $103.48. The firm has a market cap of $9.89 billion, a price-to-earnings ratio of 13.90, a price-to-earnings-growth ratio of 1.82 and a beta of 1.00. 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 (NYSE:ALSN) last released its earnings results on Tuesday, February 11th. The auto parts company reported $2.01 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.90 by $0.11. Allison Transmission had a return on equity of 51.13% and a net margin of 22.66%. Analysts forecast that Allison Transmission Holdings, Inc. will post 8.22 earnings per share for the current fiscal year.

Insider Activity at Allison Transmission

In other news, CEO David S. Graziosi sold 5,326 shares of Allison Transmission stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $120.12, for a total value of $639,759.12. Following the transaction, the chief executive officer now directly owns 168,833 shares in the company, valued at approximately $20,280,219.96. The trade was a 3.06 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, SVP John Coll sold 2,000 shares of the business’s stock in a transaction dated Tuesday, December 31st. The stock was sold at an average price of $108.40, for a total value of $216,800.00. Following the transaction, the senior vice president now directly owns 6,420 shares of the company’s stock, valued at $695,928. This represents a 23.75 % 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 valued at $2,683,537. 1.10% of the stock is currently owned by corporate 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.