Reinhart Partners LLC. Has $11.08 Million Holdings in Allison Transmission Holdings, Inc. (NYSE:ALSN)

Reinhart Partners LLC. cut its stake in Allison Transmission Holdings, Inc. (NYSE:ALSN - Free Report) by 17.6% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 102,533 shares of the auto parts company's stock after selling 21,855 shares during the period. Reinhart Partners LLC. owned approximately 0.12% of Allison Transmission worth $11,080,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Commonwealth Equity Services LLC increased its position in Allison Transmission by 4.1% during the 2nd quarter. Commonwealth Equity Services LLC now owns 20,679 shares of the auto parts company's stock worth $1,570,000 after purchasing an additional 813 shares in the last quarter. Victory Capital Management Inc. lifted its holdings in shares of Allison Transmission by 27.0% during the 2nd quarter. Victory Capital Management Inc. now owns 131,280 shares of the auto parts company's stock valued at $9,964,000 after acquiring an additional 27,916 shares in the last quarter. Choreo LLC purchased a new stake in shares of Allison Transmission during the 2nd quarter valued at about $237,000. American Century Companies Inc. raised its holdings in shares of Allison Transmission by 0.9% during the 2nd quarter. American Century Companies Inc. now owns 43,768 shares of the auto parts company's stock valued at $3,322,000 after buying an additional 397 shares during the period. Finally, DekaBank Deutsche Girozentrale boosted its holdings in Allison Transmission by 1.6% in the 2nd quarter. DekaBank Deutsche Girozentrale now owns 100,361 shares of the auto parts company's stock worth $7,422,000 after acquiring an additional 1,614 shares during the period. Institutional investors and hedge funds own 96.90% of the company's stock.

Analyst Upgrades and Downgrades

ALSN has been the subject of a number of recent analyst reports. Robert W. Baird raised their price target on shares of Allison Transmission from $103.00 to $108.00 and gave the company a "neutral" rating in a report on Wednesday, October 30th. Citigroup lifted their target price on Allison Transmission from $125.00 to $130.00 and gave the stock a "neutral" rating in a research report on Monday, December 9th. StockNews.com raised Allison Transmission from a "buy" rating to a "strong-buy" rating in a report on Thursday, December 26th. Bank of America raised their price objective on Allison Transmission from $67.00 to $77.00 and gave the company an "underperform" rating in a research note on Wednesday, October 30th. Finally, The Goldman Sachs Group increased their target price on Allison Transmission from $82.00 to $94.00 and gave the company a "sell" rating in a research note on Thursday, December 12th. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus price target of $102.63.

Allison Transmission Stock Performance

Shares of NYSE ALSN traded up $3.25 during mid-day trading on Monday, hitting $112.18. The company had a trading volume of 489,625 shares, compared to its average volume of 424,875. Allison Transmission Holdings, Inc. has a 12 month low of $55.81 and a 12 month high of $122.53. The stock has a market cap of $9.72 billion, a price-to-earnings ratio of 13.66, a PEG ratio of 2.03 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. The firm's 50 day simple moving average is $113.80 and its two-hundred day simple moving average is $97.87.

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 analysts' consensus estimates of $2.01 by $0.26. The firm had revenue of $824.00 million during the quarter, compared to analyst estimates of $790.08 million. Allison Transmission had a net margin of 22.66% and a return on equity of 51.13%. Allison Transmission's revenue was up 12.0% on a year-over-year basis. During the same period in the previous year, the business posted $1.76 EPS. As a group, equities research analysts forecast that Allison Transmission Holdings, Inc. will post 8.21 earnings per share for the current year.

Allison Transmission Announces Dividend

The firm 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 of this dividend was Monday, November 18th. This represents a $1.00 annualized dividend and a dividend yield of 0.89%. Allison Transmission's payout ratio is 12.18%.

Insider Activity

In other Allison Transmission news, SVP John Coll sold 2,000 shares of the company's stock in a transaction dated Friday, November 15th. The shares were 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 directly owns 8,420 shares of the company's stock, valued at approximately $991,286.60. This represents a 19.19 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO David S. Graziosi sold 11,590 shares of Allison Transmission stock in a transaction that occurred on Friday, November 29th. The stock was sold at an average price of $119.44, for a total transaction of $1,384,309.60. Following the completion of the transaction, the chief executive officer now directly owns 168,833 shares in the company, valued at $20,165,413.52. This represents a 6.42 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 22,639 shares of company stock valued at $2,683,537. Company insiders own 1.10% of the company's stock.

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.