6,799 Shares in Allison Transmission Holdings, Inc. (NYSE:ALSN) Purchased by Entropy Technologies LP

Entropy Technologies LP bought a new stake in shares of Allison Transmission Holdings, Inc. (NYSE:ALSN - Free Report) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 6,799 shares of the auto parts company's stock, valued at approximately $653,000.

Several other large investors have also recently modified their holdings of ALSN. Thompson Siegel & Walmsley LLC boosted its stake in Allison Transmission by 257.8% during the second quarter. Thompson Siegel & Walmsley LLC now owns 319,428 shares of the auto parts company's stock worth $24,245,000 after buying an additional 230,152 shares during the period. Carlson Capital L P purchased a new position in shares of Allison Transmission during the 1st quarter worth about $9,561,000. Sanctuary Advisors LLC bought a new position in Allison Transmission during the 2nd quarter valued at about $7,953,000. Burney Co. raised its position in Allison Transmission by 34.7% in the 1st quarter. Burney Co. now owns 395,752 shares of the auto parts company's stock worth $32,119,000 after purchasing an additional 101,920 shares during the period. Finally, Sei Investments Co. lifted its stake in Allison Transmission by 84.3% in the first quarter. Sei Investments Co. now owns 190,399 shares of the auto parts company's stock worth $15,454,000 after purchasing an additional 87,089 shares during the last quarter. Institutional investors own 96.90% of the company's stock.

Insider Buying and Selling

In other Allison Transmission news, VP Thomas Eifert sold 1,741 shares of the stock in a transaction dated Monday, October 7th. The shares were sold at an average price of $100.00, for a total value of $174,100.00. Following the completion of the sale, the vice president now owns 9,601 shares in the company, valued at approximately $960,100. This represents a 15.35 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP John Coll sold 2,000 shares of the business's stock in a transaction that occurred on Thursday, August 29th. The stock was sold at an average price of $90.98, for a total value of $181,960.00. Following the transaction, the senior vice president now owns 12,420 shares in the company, valued at approximately $1,129,971.60. This represents a 13.87 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 5,741 shares of company stock valued at $546,060. 1.10% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on ALSN shares. JPMorgan Chase & Co. increased their price target on Allison Transmission from $80.00 to $100.00 and gave the stock a "neutral" rating in a report on Friday, October 11th. The Goldman Sachs Group boosted their target price on shares of Allison Transmission from $72.00 to $82.00 and gave the company a "sell" rating in a research note on Friday, November 1st. Citigroup lifted their price objective on shares of Allison Transmission from $97.00 to $109.00 and gave the company a "neutral" rating in a report on Wednesday, October 9th. Bank of America upped their target price on shares of Allison Transmission from $67.00 to $77.00 and gave the stock an "underperform" rating in a research note on Wednesday, October 30th. Finally, StockNews.com raised shares of Allison Transmission from a "buy" rating to a "strong-buy" rating in a research note on Thursday, October 10th. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating, two have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus price target of $92.25.

Allison Transmission Stock Performance

Allison Transmission stock traded down $1.56 during midday trading on Friday, hitting $116.11. 633,847 shares of the company were exchanged, compared to its average volume of 618,737. Allison Transmission Holdings, Inc. has a fifty-two week low of $52.83 and a fifty-two week high of $121.36. The firm has a market capitalization of $10.06 billion, a PE ratio of 14.14, a price-to-earnings-growth ratio of 2.12 and a beta of 0.98. The business has a fifty day simple moving average of $99.58 and a two-hundred day simple moving average of $86.61. 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 - Get Free Report) last posted its earnings results on Tuesday, October 29th. The auto parts company reported $2.27 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.01 by $0.26. Allison Transmission had a net margin of 22.66% and a return on equity of 51.13%. The firm had revenue of $824.00 million during the quarter, compared to analysts' expectations of $790.08 million. During the same period in the previous year, the business posted $1.76 EPS. The business's revenue was up 12.0% compared to the same quarter last year. On average, sell-side analysts forecast that Allison Transmission Holdings, Inc. will post 8.2 earnings per share for the current year.

Allison Transmission Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, November 27th. Stockholders of record on Monday, November 18th will be given a dividend of $0.25 per share. The ex-dividend date is Monday, November 18th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.86%. Allison Transmission's dividend payout ratio (DPR) is 12.18%.

Allison Transmission Company 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.