Quantinno Capital Management LP Has $7.78 Million Stake in Allison Transmission Holdings, Inc. (NYSE:ALSN)

Quantinno Capital Management LP boosted its stake in Allison Transmission Holdings, Inc. (NYSE:ALSN - Free Report) by 57.2% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 80,996 shares of the auto parts company's stock after buying an additional 29,475 shares during the quarter. Quantinno Capital Management LP owned approximately 0.09% of Allison Transmission worth $7,781,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Quarry LP grew its holdings in shares of Allison Transmission by 46.7% in the 3rd 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 last quarter. Harvest Fund Management Co. Ltd boosted its position in Allison Transmission by 3.5% in the third quarter. Harvest Fund Management Co. Ltd now owns 3,697 shares of the auto parts company's stock valued at $355,000 after buying an additional 126 shares in the last quarter. Venturi Wealth Management LLC grew its stake in 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 buying an additional 162 shares during the last quarter. Private Advisor Group LLC increased its holdings in shares of Allison Transmission by 4.4% during the third quarter. Private Advisor Group LLC now owns 3,972 shares of the auto parts company's stock worth $382,000 after buying an additional 167 shares in the last quarter. Finally, Miller Howard Investments Inc. NY raised its stake in shares of Allison Transmission by 2.1% in the second quarter. Miller Howard Investments Inc. NY now owns 8,911 shares of the auto parts company's stock valued at $676,000 after acquiring an additional 186 shares during the last quarter. 96.90% of the stock is currently owned by institutional investors.

Allison Transmission Trading Up 0.3 %

Shares of ALSN traded up $0.39 on Friday, reaching $117.48. 445,488 shares of the company's stock were exchanged, compared to its average volume of 612,244. Allison Transmission Holdings, Inc. has a 12 month low of $54.25 and a 12 month high of $122.53. The stock has a market capitalization of $10.18 billion, a P/E ratio of 14.31, a price-to-earnings-growth ratio of 2.08 and a beta of 0.98. 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 business has a 50 day moving average price of $108.50 and a two-hundred day moving average price of $91.33.

Allison Transmission (NYSE:ALSN - Get Free Report) last posted its quarterly earnings results on Tuesday, October 29th. The auto parts company reported $2.27 earnings per share 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 for the quarter, compared to the consensus estimate of $790.08 million. During the same quarter in the prior year, the business posted $1.76 EPS. The firm's quarterly revenue was up 12.0% on a year-over-year basis. Research analysts anticipate that Allison Transmission Holdings, Inc. will post 8.21 earnings per share for the current year.

Allison Transmission Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, November 27th. Stockholders of record on Monday, November 18th were paid a $0.25 dividend. The ex-dividend date was Monday, November 18th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.85%. Allison Transmission's dividend payout ratio (DPR) is presently 12.18%.

Insider Activity

In other Allison Transmission news, CEO David S. Graziosi sold 5,326 shares of the business's 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 completion of the transaction, the chief executive officer now directly owns 168,833 shares of the company's stock, 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 legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP John Coll sold 2,000 shares of the stock in a transaction dated Friday, November 15th. The stock was sold at an average price of $117.73, for a total value of $235,460.00. Following the completion of the sale, the senior vice president now owns 8,420 shares of the company's stock, valued at $991,286.60. This trade represents a 19.19 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 24,380 shares of company stock valued at $2,830,837 in the last ninety days. 1.10% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the company. StockNews.com cut Allison Transmission from a "strong-buy" rating to a "buy" rating in a report on Monday. Oppenheimer raised their target price on Allison Transmission from $90.00 to $115.00 and gave the company an "outperform" rating in a research note on Wednesday, October 30th. Bank of America upped their price target on shares of Allison Transmission from $67.00 to $77.00 and gave the stock an "underperform" rating in a research report on Wednesday, October 30th. Robert W. Baird raised their price objective on shares of Allison Transmission from $103.00 to $108.00 and gave the company a "neutral" rating in a research report on Wednesday, October 30th. Finally, The Goldman Sachs Group boosted their target price on shares of Allison Transmission from $72.00 to $82.00 and gave the stock a "sell" rating in a research note on Friday, November 1st. 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 data from MarketBeat, Allison Transmission currently has an average rating of "Hold" and an average target price of $94.25.

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.