Allison Transmission Holdings, Inc. (NYSE:ALSN) Shares Sold by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. lessened its stake in Allison Transmission Holdings, Inc. (NYSE:ALSN - Free Report) by 6.4% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 402,998 shares of the auto parts company's stock after selling 27,521 shares during the quarter. Robeco Institutional Asset Management B.V. owned 0.46% of Allison Transmission worth $38,716,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Renaissance Technologies LLC grew its holdings in Allison Transmission by 1.1% in the second quarter. Renaissance Technologies LLC now owns 3,522,519 shares of the auto parts company's stock valued at $267,359,000 after purchasing an additional 39,700 shares during the last quarter. Dimensional Fund Advisors LP grew its stake in Allison Transmission by 2.2% in the 2nd quarter. Dimensional Fund Advisors LP now owns 1,893,618 shares of the auto parts company's stock valued at $143,716,000 after acquiring an additional 41,168 shares during the last quarter. Federated Hermes Inc. increased its holdings in Allison Transmission by 5.9% during the 2nd quarter. Federated Hermes Inc. now owns 906,370 shares of the auto parts company's stock valued at $68,793,000 after acquiring an additional 50,625 shares in the last quarter. Bank of New York Mellon Corp raised its position in Allison Transmission by 12.8% during the second quarter. Bank of New York Mellon Corp now owns 683,831 shares of the auto parts company's stock worth $51,903,000 after acquiring an additional 77,649 shares during the last quarter. Finally, Copeland Capital Management LLC lifted its holdings in shares of Allison Transmission by 0.9% in the third quarter. Copeland Capital Management LLC now owns 636,205 shares of the auto parts company's stock valued at $61,120,000 after purchasing an additional 5,489 shares in the last quarter. Institutional investors and hedge funds own 96.90% of the company's stock.

Allison Transmission Trading Up 7.0 %

Allison Transmission stock traded up $7.62 during trading on Wednesday, reaching $117.26. The company had a trading volume of 734,368 shares, compared to its average volume of 620,842. Allison Transmission Holdings, Inc. has a 12-month low of $51.42 and a 12-month high of $117.87. The company has a debt-to-equity ratio of 1.48, a quick ratio of 2.25 and a current ratio of 2.83. The stock's 50 day moving average price is $96.17 and its two-hundred day moving average price is $84.99. The firm has a market capitalization of $10.16 billion, a price-to-earnings ratio of 14.28, a PEG ratio of 1.91 and a beta of 0.98.

Allison Transmission (NYSE:ALSN - Get Free Report) last released its quarterly earnings data on Tuesday, October 29th. The auto parts company reported $2.27 EPS for the quarter, topping 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 business had revenue of $824.00 million during the quarter, compared to the consensus estimate of $790.08 million. During the same period in the prior year, the firm posted $1.76 EPS. The business's revenue for the quarter was up 12.0% on a year-over-year basis. As a group, equities analysts expect that Allison Transmission Holdings, Inc. will post 8.18 earnings per share for the current fiscal year.

Analysts Set New Price Targets

ALSN has been the subject of several research reports. StockNews.com upgraded Allison Transmission from a "buy" rating to a "strong-buy" rating in a research report on Thursday, October 10th. JPMorgan Chase & Co. upped their price objective on Allison Transmission from $80.00 to $100.00 and gave the company a "neutral" rating in a research report on Friday, October 11th. Robert W. Baird lifted their price objective on Allison Transmission from $103.00 to $108.00 and gave the stock a "neutral" rating in a research report on Wednesday, October 30th. Oppenheimer upped their target price on shares of Allison Transmission from $90.00 to $115.00 and gave the company an "outperform" rating in a report on Wednesday, October 30th. Finally, The Goldman Sachs Group lifted their price target on shares of Allison Transmission from $72.00 to $82.00 and gave the stock a "sell" rating in a report on Friday, November 1st. Two analysts have rated the stock with a sell rating, four have given a hold rating, two have issued a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and an average price target of $92.25.

Insider Activity

In other Allison Transmission news, SVP John Coll sold 2,000 shares of the firm's stock in a transaction on Thursday, August 29th. The shares were sold at an average price of $90.98, for a total transaction of $181,960.00. Following the completion of the transaction, the senior vice president now directly owns 12,420 shares of the company's stock, valued at $1,129,971.60. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In other Allison Transmission news, VP Thomas Eifert sold 1,741 shares of the firm's stock in a transaction on Monday, October 7th. The stock was sold at an average price of $100.00, for a total value of $174,100.00. Following the sale, the vice president now directly owns 9,601 shares in the company, valued at approximately $960,100. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, SVP John Coll sold 2,000 shares of the business's stock in a transaction on Thursday, August 29th. The shares were sold at an average price of $90.98, for a total transaction of $181,960.00. Following the transaction, the senior vice president now directly owns 12,420 shares of the company's stock, valued at approximately $1,129,971.60. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 5,741 shares of company stock worth $546,060 over the last 90 days. Company insiders own 0.93% 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.