Thompson Siegel & Walmsley LLC Has $25.49 Million Stock Holdings in Allison Transmission Holdings, Inc. (NYSE:ALSN)

Thompson Siegel & Walmsley LLC cut its holdings in Allison Transmission Holdings, Inc. (NYSE:ALSN - Free Report) by 16.9% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 265,352 shares of the auto parts company's stock after selling 54,076 shares during the quarter. Thompson Siegel & Walmsley LLC owned about 0.31% of Allison Transmission worth $25,492,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in ALSN. Venturi Wealth Management LLC grew its stake in shares of Allison Transmission by 27.8% during the 3rd quarter. Venturi Wealth Management LLC now owns 744 shares of the auto parts company's stock worth $71,000 after acquiring an additional 162 shares in the last quarter. Private Advisor Group LLC increased its stake in Allison Transmission by 4.4% in the 3rd quarter. Private Advisor Group LLC now owns 3,972 shares of the auto parts company's stock valued at $382,000 after buying an additional 167 shares during the last quarter. Quent Capital LLC boosted its stake in shares of Allison Transmission by 24.0% during the 2nd quarter. Quent Capital LLC now owns 889 shares of the auto parts company's stock worth $68,000 after buying an additional 172 shares during the last quarter. Miller Howard Investments Inc. NY increased its position 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. Finally, Americana Partners LLC increased its holdings in Allison Transmission by 3.9% during the second quarter. Americana Partners LLC now owns 5,069 shares of the auto parts company's stock worth $385,000 after buying an additional 191 shares during the last quarter. 96.90% of the stock is currently owned by institutional investors.

Allison Transmission Stock Performance

Shares of Allison Transmission stock traded up $2.90 during trading on Thursday, reaching $118.11. The company's stock had a trading volume of 446,253 shares, compared to its average volume of 616,968. Allison Transmission Holdings, Inc. has a 52 week low of $53.00 and a 52 week high of $121.36. The firm has a market cap of $10.23 billion, a PE ratio of 14.18, a P/E/G ratio of 2.06 and a beta of 0.98. The business's 50-day moving average price is $101.95 and its 200-day moving average price is $87.86. The company has a quick ratio of 2.25, a current ratio of 2.83 and a debt-to-equity ratio of 1.48.

Allison Transmission (NYSE:ALSN - Get Free Report) last released 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. The company had revenue of $824.00 million during the quarter, compared to the consensus estimate of $790.08 million. Allison Transmission had a net margin of 22.66% and a return on equity of 51.13%. The firm's quarterly revenue was up 12.0% on a year-over-year basis. During the same period in the previous year, the business earned $1.76 earnings per share. Equities analysts forecast 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 will be paid on Wednesday, November 27th. Investors of record on Monday, November 18th will be given a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.85%. The ex-dividend date of this dividend is Monday, November 18th. Allison Transmission's payout ratio is currently 12.18%.

Insider Activity at Allison Transmission

In related news, SVP John Coll sold 2,000 shares of the company's stock in a transaction on Friday, November 15th. The stock was sold at an average price of $117.73, for a total transaction of $235,460.00. Following the completion of the sale, the senior vice president now directly owns 8,420 shares in the company, valued at $991,286.60. This represents a 19.19 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, VP Thomas Eifert sold 1,741 shares of Allison Transmission stock in a transaction dated Monday, October 7th. The shares were sold at an average price of $100.00, for a total value of $174,100.00. Following the completion of the transaction, the vice president now owns 9,601 shares in the company, valued at approximately $960,100. This represents a 15.35 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 7,741 shares of company stock valued at $781,520 over the last quarter. 1.10% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

ALSN has been the subject of a number of analyst reports. Oppenheimer lifted their price objective on shares of Allison Transmission from $90.00 to $115.00 and gave the company an "outperform" rating in a research report on Wednesday, October 30th. 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 note on Friday, October 11th. The Goldman Sachs Group boosted their target price on Allison Transmission from $72.00 to $82.00 and gave the stock a "sell" rating in a report on Friday, November 1st. Citigroup lifted their price objective on shares of Allison Transmission from $115.00 to $125.00 and gave the stock a "neutral" rating in a research report on Wednesday. Finally, Robert W. Baird increased 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. Two analysts have rated the stock with a sell rating, four have assigned a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus 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.