Empirical Finance LLC Raises Stock Holdings in Allison Transmission Holdings, Inc. (NYSE:ALSN)

Empirical Finance LLC raised its position in shares of Allison Transmission Holdings, Inc. (NYSE:ALSN - Free Report) by 70.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 13,440 shares of the auto parts company's stock after acquiring an additional 5,559 shares during the quarter. Empirical Finance LLC's holdings in Allison Transmission were worth $1,452,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. DGS Capital Management LLC raised its position in shares of Allison Transmission by 2.5% during the fourth quarter. DGS Capital Management LLC now owns 3,424 shares of the auto parts company's stock worth $370,000 after purchasing an additional 84 shares during the period. Wealth Enhancement Advisory Services LLC raised its position in shares of Allison Transmission by 0.7% during 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 purchasing an additional 100 shares during the period. Quarry LP raised its position in shares of Allison Transmission by 46.7% during the third quarter. Quarry LP now owns 358 shares of the auto parts company's stock worth $34,000 after purchasing an additional 114 shares during the period. Harvest Fund Management Co. Ltd raised its position in shares of 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 worth $355,000 after purchasing an additional 126 shares during the period. Finally, Venturi Wealth Management LLC raised its position in shares of Allison Transmission by 27.8% during the third quarter. Venturi Wealth Management LLC now owns 744 shares of the auto parts company's stock worth $71,000 after purchasing an additional 162 shares during the period. 96.90% of the stock is owned by institutional investors.

Allison Transmission Stock Performance

Shares of NYSE ALSN traded up $1.70 during mid-day trading on Thursday, reaching $101.66. 1,161,674 shares of the company's stock were exchanged, compared to its average volume of 581,258. Allison Transmission Holdings, Inc. has a 52 week low of $67.61 and a 52 week high of $122.53. The firm has a 50-day moving average price of $113.25 and a two-hundred day moving average price of $103.64. The firm has a market capitalization of $8.81 billion, a price-to-earnings ratio of 12.38, a price-to-earnings-growth ratio of 1.82 and a beta of 1.00. The company has a debt-to-equity ratio of 1.48, a current ratio of 2.83 and a quick ratio of 2.25.

Allison Transmission (NYSE:ALSN - Get Free Report) last announced its quarterly earnings data 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 predict that Allison Transmission Holdings, Inc. will post 8.22 EPS for the current year.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on ALSN shares. The Goldman Sachs Group increased their price target on Allison Transmission from $82.00 to $94.00 and gave the company a "sell" rating in a research report on Thursday, December 12th. Robert W. Baird increased their price target on Allison Transmission from $103.00 to $108.00 and gave the company a "neutral" rating in a research report on Wednesday, October 30th. Oppenheimer increased their price target on Allison Transmission from $90.00 to $115.00 and gave the company an "outperform" rating in a research report on Wednesday, October 30th. Bank of America increased their price target on Allison Transmission from $67.00 to $77.00 and gave the company an "underperform" rating in a research report on Wednesday, October 30th. Finally, Citigroup lowered their price target on Allison Transmission from $120.00 to $115.00 and set a "neutral" rating for the company in a research report on Wednesday. Two analysts have rated the stock with a sell rating, four have assigned a hold rating and three have assigned a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and an average price target of $100.75.

Insider Activity at Allison Transmission

In other Allison Transmission news, CEO David S. Graziosi sold 1,723 shares of Allison Transmission stock in a transaction dated Wednesday, November 27th. The stock was sold at an average price of $120.26, for a total transaction of $207,207.98. Following the completion of the transaction, the chief executive officer now owns 168,833 shares of the company's stock, valued at $20,303,856.58. The trade was a 1.01 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, SVP John Coll sold 2,000 shares of Allison Transmission stock in a transaction dated Tuesday, December 31st. The shares were 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. The trade was a 23.75 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 22,639 shares of company stock worth $2,683,537. Company insiders own 1.10% of the company's stock.

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.