GHP Investment Advisors Inc. Raises Position in Allison Transmission Holdings, Inc. (NYSE:ALSN)

GHP Investment Advisors Inc. lifted its position in Allison Transmission Holdings, Inc. (NYSE:ALSN - Free Report) by 51.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 11,993 shares of the auto parts company's stock after purchasing an additional 4,081 shares during the quarter. GHP Investment Advisors Inc.'s holdings in Allison Transmission were worth $1,296,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of ALSN. World Investment Advisors LLC purchased a new position in Allison Transmission during the third quarter valued at approximately $29,000. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of Allison Transmission during the 4th quarter worth approximately $31,000. Quarry LP increased its holdings in shares of Allison Transmission by 46.7% during the 3rd quarter. Quarry LP now owns 358 shares of the auto parts company's stock valued at $34,000 after purchasing an additional 114 shares in the last quarter. SJS Investment Consulting Inc. lifted its stake in shares of Allison Transmission by 1,650.0% in the 4th quarter. SJS Investment Consulting Inc. now owns 420 shares of the auto parts company's stock valued at $45,000 after purchasing an additional 396 shares during the period. Finally, Wilmington Savings Fund Society FSB purchased a new stake in Allison Transmission during the third quarter worth $67,000. Institutional investors and hedge funds own 96.90% of the company's stock.

Insider Activity at Allison Transmission

In related news, SVP John Coll sold 2,000 shares of the company's stock in a transaction that occurred on Friday, November 15th. The stock was sold at an average price of $117.73, for a total value of $235,460.00. Following the transaction, the senior vice president now directly owns 8,420 shares in the company, valued at approximately $991,286.60. This represents a 19.19 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO David S. Graziosi sold 5,326 shares of the firm's stock in a transaction on Monday, November 25th. The stock was sold at an average price of $120.12, for a total value of $639,759.12. Following the sale, the chief executive officer now directly owns 168,833 shares of the company's stock, valued at approximately $20,280,219.96. This trade represents a 3.06 % 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 valued at $2,683,537. 1.10% of the stock is currently owned by insiders.

Allison Transmission Price Performance

ALSN stock traded up $0.01 during midday trading on Tuesday, reaching $114.15. The stock had a trading volume of 559,000 shares, compared to its average volume of 474,121. Allison Transmission Holdings, Inc. has a 52-week low of $61.04 and a 52-week high of $122.53. 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 company's fifty day simple moving average is $113.66 and its 200 day simple moving average is $103.48. The company 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.

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 the consensus estimate of $1.90 by $0.11. Allison Transmission had a net margin of 22.66% and a return on equity of 51.13%. As a group, sell-side analysts predict that Allison Transmission Holdings, Inc. will post 8.22 earnings per share for the current fiscal year.

Analyst Ratings Changes

ALSN has been the subject of a number of recent analyst reports. Citigroup cut their price objective on shares of Allison Transmission from $130.00 to $120.00 and set a "neutral" rating for the company in a report on Tuesday, January 14th. Bank of America lifted their price target on Allison Transmission from $67.00 to $77.00 and gave the company an "underperform" rating in a research note 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 research report on Wednesday, October 30th. Morgan Stanley boosted 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. Finally, Robert W. Baird increased their target price on Allison Transmission from $103.00 to $108.00 and gave the company a "neutral" rating in a research report on Wednesday, October 30th. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, Allison Transmission currently has an average rating of "Hold" and an average price target of $101.38.

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.