Allison Transmission Holdings, Inc. $ALSN Shares Acquired by Landscape Capital Management L.L.C.

Landscape Capital Management L.L.C. lifted its position in shares of Allison Transmission Holdings, Inc. (NYSE:ALSN) by 47.3% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 15,603 shares of the auto parts company’s stock after buying an additional 5,010 shares during the period. Landscape Capital Management L.L.C.’s holdings in Allison Transmission were worth $1,528,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also made changes to their positions in the company. Rossby Financial LCC increased its holdings in shares of Allison Transmission by 107.0% during the 3rd quarter. Rossby Financial LCC now owns 296 shares of the auto parts company’s stock worth $25,000 after buying an additional 153 shares during the last quarter. Larson Financial Group LLC increased its holdings in shares of Allison Transmission by 536.7% during the 4th quarter. Larson Financial Group LLC now owns 312 shares of the auto parts company’s stock worth $31,000 after buying an additional 263 shares during the last quarter. Transamerica Financial Advisors LLC increased its holdings in shares of Allison Transmission by 2,112.5% during the 4th quarter. Transamerica Financial Advisors LLC now owns 354 shares of the auto parts company’s stock worth $35,000 after buying an additional 338 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. acquired a new stake in shares of Allison Transmission during the 4th quarter worth approximately $51,000. Finally, Platinum Investment Management Ltd. acquired a new stake in shares of Allison Transmission during the 4th quarter worth approximately $62,000. Institutional investors and hedge funds own 96.90% of the company’s stock.

Allison Transmission Stock Performance

NYSE:ALSN opened at $119.22 on Tuesday. The company has a debt-to-equity ratio of 2.23, a quick ratio of 1.18 and a current ratio of 1.85. The stock has a market capitalization of $9.89 billion, a P/E ratio of 18.54, a PEG ratio of 0.63 and a beta of 0.94. The company has a 50 day moving average price of $121.33 and a 200 day moving average price of $113.12. Allison Transmission Holdings, Inc. has a fifty-two week low of $76.01 and a fifty-two week high of $137.62.

Allison Transmission (NYSE:ALSN) last issued its quarterly earnings results on Monday, May 4th. The auto parts company reported $2.57 EPS for the quarter, beating the consensus estimate of $2.10 by $0.47. Allison Transmission had a net margin of 14.88% and a return on equity of 37.50%. The company had revenue of $1.41 billion during the quarter, compared to analysts’ expectations of $1.38 billion. During the same quarter last year, the company posted $2.23 EPS. The firm’s revenue was up 83.6% compared to the same quarter last year. Equities research analysts forecast that Allison Transmission Holdings, Inc. will post 9.96 EPS for the current year.

Allison Transmission Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, May 29th. Shareholders of record on Monday, May 18th were given a $0.29 dividend. This represents a $1.16 annualized dividend and a yield of 1.0%. The ex-dividend date of this dividend was Monday, May 18th. Allison Transmission’s dividend payout ratio (DPR) is currently 18.04%.

Insider Buying and Selling

In other Allison Transmission news, CFO Scott A. Mell sold 2,270 shares of the firm’s stock in a transaction that occurred on Friday, May 8th. The shares were sold at an average price of $125.00, for a total value of $283,750.00. Following the completion of the transaction, the chief financial officer owned 1,053 shares of the company’s stock, valued at $131,625. This trade represents a 68.31% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. 1.10% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on ALSN shares. Citigroup increased their price objective on shares of Allison Transmission from $130.00 to $135.00 and gave the stock a “neutral” rating in a research report on Monday, April 13th. Wells Fargo & Company increased their price objective on shares of Allison Transmission from $127.00 to $137.00 and gave the stock an “equal weight” rating in a research report on Wednesday, May 6th. Morgan Stanley increased their price objective on shares of Allison Transmission from $117.00 to $126.00 and gave the stock an “equal weight” rating in a research report on Wednesday, May 13th. Oppenheimer increased their price objective on shares of Allison Transmission from $115.00 to $135.00 and gave the stock an “outperform” rating in a research report on Tuesday, February 24th. Finally, Zacks Research cut shares of Allison Transmission from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, March 24th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $127.17.

About Allison Transmission

Allison Transmission Holdings Inc is a global designer, manufacturer and seller of fully automatic transmissions and hybrid propulsion systems for commercial duty vehicles and off-highway equipment. The company’s products are engineered to improve fuel efficiency, reduce emissions and enhance performance across a broad range of industries. Allison’s core transmission portfolio serves applications such as on-highway trucks and buses, medium- and heavy-duty commercial vehicles, and military ground vehicles.

In addition to conventional automatic transmissions, Allison offers advanced hybrid systems that integrate electric motors with mechanical transmission components.