SJS Investment Consulting Inc. Has $45,000 Holdings in Allison Transmission Holdings, Inc. (NYSE:ALSN)

SJS Investment Consulting Inc. boosted its position in Allison Transmission Holdings, Inc. (NYSE:ALSN) by 1,650.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 420 shares of the auto parts company’s stock after buying an additional 396 shares during the period. SJS Investment Consulting Inc.’s holdings in Allison Transmission were worth $45,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Glenmede Trust Co. NA lifted its stake in shares of Allison Transmission by 4.6% in the 3rd quarter. Glenmede Trust Co. NA now owns 97,150 shares of the auto parts company’s stock valued at $9,333,000 after purchasing an additional 4,261 shares during the period. CWA Asset Management Group LLC bought a new stake in Allison Transmission in the third quarter worth approximately $947,000. Franklin Resources Inc. lifted its stake in Allison Transmission by 46.8% in the third quarter. Franklin Resources Inc. now owns 250,050 shares of the auto parts company’s stock valued at $24,955,000 after buying an additional 79,745 shares during the period. Tri Ri Asset Management Corp bought a new position in shares of Allison Transmission during the 3rd quarter worth approximately $5,932,000. Finally, Oppenheimer & Co. Inc. grew its position in shares of Allison Transmission by 133.0% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 13,917 shares of the auto parts company’s stock worth $1,337,000 after buying an additional 7,944 shares during the period. Institutional investors own 96.90% of the company’s stock.

Allison Transmission Trading Down 0.7 %

NYSE:ALSN opened at $119.54 on Friday. The company has a debt-to-equity ratio of 1.48, a quick ratio of 2.25 and a current ratio of 2.83. The firm has a market cap of $10.35 billion, a price-to-earnings ratio of 14.56, a price-to-earnings-growth ratio of 1.90 and a beta of 1.00. Allison Transmission Holdings, Inc. has a 52 week low of $58.77 and a 52 week high of $122.53. The firm has a 50-day moving average price of $114.19 and a two-hundred day moving average price of $100.53.

Allison Transmission (NYSE:ALSN) last issued its quarterly earnings results on Tuesday, October 29th. The auto parts company reported $2.27 EPS 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 the consensus estimate of $790.08 million. Allison Transmission’s revenue was up 12.0% on a year-over-year basis. During the same period last year, the business posted $1.76 earnings per share. On average, equities analysts expect that Allison Transmission Holdings, Inc. will post 8.28 earnings per share for the current fiscal year.

Allison Transmission Announces Dividend

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

Wall Street Analyst Weigh In

ALSN has been the topic of a number of research reports. Morgan Stanley boosted their target price on shares of Allison Transmission from $110.00 to $112.00 and gave the company an “equal weight” rating in a research report on Tuesday, December 17th. JPMorgan Chase & Co. upped their price objective on shares of Allison Transmission from $80.00 to $100.00 and gave the company a “neutral” rating in a report on Friday, October 11th. StockNews.com upgraded Allison Transmission from a “buy” rating to a “strong-buy” rating in a research note on Thursday, December 26th. 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, Citigroup lowered their price objective on shares of 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 assigned a hold rating, two have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, Allison Transmission has an average rating of “Hold” and a consensus target price of $101.38.

Insider Activity at Allison Transmission

In other news, CEO David S. Graziosi sold 1,723 shares of the company’s stock in a transaction on Wednesday, November 27th. The stock was sold at an average price of $120.26, for a total transaction of $207,207.98. Following the transaction, the chief executive officer now owns 168,833 shares of the company’s stock, valued at $20,303,856.58. This represents a 1.01 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, 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 value of $216,800.00. Following the completion of the sale, the senior vice president now directly owns 6,420 shares of the company’s stock, valued at approximately $695,928. This trade represents a 23.75 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 22,639 shares of company stock worth $2,683,537. 1.10% of the stock is 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.