Villanova Investment Management Co LLC Sells 5,533 Shares of Allison Transmission Holdings, Inc. (NYSE:ALSN)

Villanova Investment Management Co LLC lowered its position in Allison Transmission Holdings, Inc. (NYSE:ALSN - Free Report) by 22.9% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 18,630 shares of the auto parts company's stock after selling 5,533 shares during the quarter. Allison Transmission makes up about 1.9% of Villanova Investment Management Co LLC's investment portfolio, making the stock its 23rd largest holding. Villanova Investment Management Co LLC's holdings in Allison Transmission were worth $1,790,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Triad Wealth Partners LLC acquired a new stake in Allison Transmission during the 2nd quarter valued at $33,000. Quarry LP raised its position in shares of Allison Transmission by 46.7% in the third quarter. Quarry LP now owns 358 shares of the auto parts company's stock valued at $34,000 after purchasing an additional 114 shares during the period. Fifth Third Bancorp lifted its stake in shares of Allison Transmission by 139.8% during the 2nd quarter. Fifth Third Bancorp now owns 868 shares of the auto parts company's stock worth $66,000 after buying an additional 506 shares during the last quarter. Venturi Wealth Management LLC boosted its holdings 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 buying an additional 162 shares during the period. Finally, Capital Performance Advisors LLP acquired a new position in Allison Transmission in the 3rd quarter valued at about $82,000. 96.90% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several brokerages have issued reports on ALSN. JPMorgan Chase & Co. raised their price objective on shares of Allison Transmission from $80.00 to $100.00 and gave the stock a "neutral" rating in a research report on Friday, October 11th. The Goldman Sachs Group boosted their price target on Allison Transmission from $72.00 to $82.00 and gave the company a "sell" rating in a research note on Friday, November 1st. Bank of America increased their price objective on 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 boosted their target price 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, Citigroup raised their price target on shares of Allison Transmission from $115.00 to $125.00 and gave the stock a "neutral" rating in a research report on Wednesday, November 20th. Two analysts have rated the stock with a sell rating, four have issued a hold rating and three have given a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Hold" and a consensus target price of $94.25.

Allison Transmission Price Performance

Shares of Allison Transmission stock traded up $0.33 on Friday, reaching $117.42. 445,496 shares of the stock were exchanged, compared to its average volume of 495,380. The firm's 50 day moving average is $108.50 and its 200-day moving average is $91.33. The firm has a market cap of $10.17 billion, a PE ratio of 14.31, a P/E/G ratio of 2.10 and a beta of 0.98. The company has a debt-to-equity ratio of 1.48, a quick ratio of 2.25 and a current ratio of 2.83. Allison Transmission Holdings, Inc. has a one year low of $54.25 and a one year high of $122.53.

Allison Transmission (NYSE:ALSN - Get Free Report) last issued its 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 firm had revenue of $824.00 million for the quarter, compared to the consensus estimate of $790.08 million. During the same quarter last year, the business posted $1.76 EPS. The company's revenue was up 12.0% compared to the same quarter last year. As a group, analysts anticipate that Allison Transmission Holdings, Inc. will post 8.21 EPS for the current fiscal 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 payout ratio is currently 12.18%.

Insider Activity at Allison Transmission

In other Allison Transmission news, SVP John Coll sold 2,000 shares of the business's stock in a transaction that occurred on Friday, November 15th. The shares were sold at an average price of $117.73, for a total transaction of $235,460.00. Following the sale, the senior vice president now directly owns 8,420 shares of the company's stock, valued at $991,286.60. The trade was a 19.19 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed 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 shares were sold at an average price of $120.12, for a total transaction of $639,759.12. Following the transaction, the chief executive officer now directly owns 168,833 shares of the company's stock, valued at $20,280,219.96. The trade was a 3.06 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 24,380 shares of company stock valued at $2,830,837. 1.10% of the stock is owned by insiders.

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.