288 Shares in Allison Transmission Holdings, Inc. (NYSE:ALSN) Purchased by Thurston Springer Miller Herd & Titak Inc.

Thurston Springer Miller Herd & Titak Inc. acquired a new position in Allison Transmission Holdings, Inc. (NYSE:ALSN) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 288 shares of the auto parts company’s stock, valued at approximately $31,000.

Other institutional investors also recently bought and sold shares of the company. American Century Companies Inc. boosted 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 worth $3,322,000 after purchasing an additional 397 shares during the last quarter. Dimensional Fund Advisors LP boosted its holdings in shares of Allison Transmission by 2.2% during the 2nd quarter. Dimensional Fund Advisors LP now owns 1,893,618 shares of the auto parts company’s stock worth $143,716,000 after purchasing an additional 41,168 shares during the last quarter. Edgestream Partners L.P. acquired a new position in shares of Allison Transmission during the 2nd quarter worth approximately $1,048,000. Argent Trust Co boosted its holdings in shares of Allison Transmission by 6.6% during the 2nd quarter. Argent Trust Co now owns 4,463 shares of the auto parts company’s stock worth $339,000 after purchasing an additional 277 shares during the last quarter. Finally, Mercer Global Advisors Inc. ADV boosted its holdings in shares of Allison Transmission by 111.6% during the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 6,101 shares of the auto parts company’s stock worth $463,000 after purchasing an additional 3,218 shares during the last quarter. 96.90% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, SVP John Coll sold 2,000 shares of the stock in a transaction dated Friday, November 15th. The shares were sold at an average price of $117.73, for a total transaction of $235,460.00. Following the completion of the transaction, the senior vice president now directly owns 8,420 shares of the company’s stock, valued at $991,286.60. This represents a 19.19 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, CEO David S. Graziosi sold 11,590 shares of the stock in a transaction dated 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 transaction, the chief executive officer now directly owns 168,833 shares of the company’s stock, valued at $20,165,413.52. This represents a 6.42 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 22,639 shares of company stock valued at $2,683,537. Insiders own 0.93% of the company’s stock.

Allison Transmission Stock Performance

NYSE ALSN opened at $119.47 on Friday. The company has a debt-to-equity ratio of 1.48, a current ratio of 2.83 and a quick ratio of 2.25. Allison Transmission Holdings, Inc. has a 1 year low of $55.81 and a 1 year high of $122.53. The company has a market capitalization of $10.35 billion, a PE ratio of 14.55, a P/E/G ratio of 1.73 and a beta of 1.00. The company has a fifty day moving average of $114.02 and a two-hundred day moving average of $99.15.

Allison Transmission (NYSE:ALSN) last released its quarterly earnings data on Tuesday, October 29th. The auto parts company reported $2.27 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.01 by $0.26. Allison Transmission had a net margin of 22.66% and a return on equity of 51.13%. The company had revenue of $824.00 million during the quarter, compared to the consensus estimate of $790.08 million. During the same quarter in the prior year, the firm posted $1.76 earnings per share. Allison Transmission’s revenue for the quarter was up 12.0% on a year-over-year basis. As a group, analysts expect that Allison Transmission Holdings, Inc. will post 8.26 earnings per share for the current year.

Allison Transmission Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, November 27th. Stockholders of record on Monday, November 18th were issued 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 0.84%. Allison Transmission’s payout ratio is 12.18%.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on ALSN shares. Citigroup reduced their price target on shares of Allison Transmission from $130.00 to $120.00 and set a “neutral” rating on the stock in a research report on Tuesday, January 14th. StockNews.com raised shares of Allison Transmission from a “buy” rating to a “strong-buy” rating in a research report on Thursday, December 26th. Oppenheimer lifted their price target 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. Morgan Stanley lifted their price target on shares of Allison Transmission from $110.00 to $112.00 and gave the company an “equal weight” rating in a research report on Tuesday, December 17th. Finally, Robert W. Baird lifted their price target 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 research analysts have rated the stock with a sell rating, four have issued a hold rating, two have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat, Allison Transmission presently has a consensus rating of “Hold” and a consensus target price of $101.38.

About Allison Transmission

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.