California State Teachers Retirement System Acquires 810 Shares of Allison Transmission Holdings Inc (NYSE:ALSN)

California State Teachers Retirement System increased its position in shares of Allison Transmission Holdings Inc (NYSE:ALSN) by 0.4% during the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 184,781 shares of the auto parts company’s stock after buying an additional 810 shares during the quarter. California State Teachers Retirement System owned about 0.15% of Allison Transmission worth $8,300,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of ALSN. DE Burlo Group Inc. bought a new position in shares of Allison Transmission in the first quarter valued at approximately $1,842,000. Parametric Portfolio Associates LLC grew its holdings in shares of Allison Transmission by 0.6% in the first quarter. Parametric Portfolio Associates LLC now owns 476,534 shares of the auto parts company’s stock valued at $21,406,000 after acquiring an additional 2,805 shares in the last quarter. First Trust Advisors LP grew its holdings in shares of Allison Transmission by 11.8% in the first quarter. First Trust Advisors LP now owns 317,763 shares of the auto parts company’s stock valued at $14,274,000 after acquiring an additional 33,419 shares in the last quarter. Great West Life Assurance Co. Can grew its holdings in shares of Allison Transmission by 6.9% in the first quarter. Great West Life Assurance Co. Can now owns 16,359 shares of the auto parts company’s stock valued at $733,000 after acquiring an additional 1,056 shares in the last quarter. Finally, US Bancorp DE grew its holdings in shares of Allison Transmission by 39.5% in the first quarter. US Bancorp DE now owns 12,391 shares of the auto parts company’s stock valued at $556,000 after acquiring an additional 3,510 shares in the last quarter. 95.51% of the stock is currently owned by institutional investors and hedge funds.

NYSE ALSN traded up $0.36 on Monday, hitting $46.71. 711,400 shares of the stock traded hands, compared to its average volume of 1,004,385. The stock’s fifty day simple moving average is $44.08. Allison Transmission Holdings Inc has a 12 month low of $39.44 and a 12 month high of $53.76. The company has a market cap of $5.89 billion, a price-to-earnings ratio of 9.77, a price-to-earnings-growth ratio of 0.99 and a beta of 1.41. The company has a debt-to-equity ratio of 3.37, a current ratio of 1.89 and a quick ratio of 1.49.

Allison Transmission (NYSE:ALSN) last announced its quarterly earnings data on Tuesday, April 23rd. The auto parts company reported $1.32 earnings per share for the quarter, beating the consensus estimate of $1.12 by $0.20. Allison Transmission had a return on equity of 97.36% and a net margin of 24.04%. The business had revenue of $675.00 million during the quarter, compared to analyst estimates of $658.01 million. During the same period in the prior year, the company earned $1.08 earnings per share. Allison Transmission’s revenue was up 1.8% compared to the same quarter last year. On average, analysts forecast that Allison Transmission Holdings Inc will post 4.66 earnings per share for the current fiscal year.

In other news, SVP Randall R. Kirk sold 37,776 shares of the firm’s stock in a transaction on Tuesday, May 28th. The stock was sold at an average price of $42.60, for a total value of $1,609,257.60. Following the completion of the transaction, the senior vice president now directly owns 190,747 shares of the company’s stock, valued at $8,125,822.20. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director William R. Harker sold 4,977,043 shares of the firm’s stock in a transaction on Thursday, May 9th. The stock was sold at an average price of $46.70, for a total value of $232,427,908.10. Following the completion of the transaction, the director now directly owns 10,318 shares of the company’s stock, valued at $481,850.60. The disclosure for this sale can be found here. Insiders sold 5,089,819 shares of company stock valued at $237,568,166 over the last ninety days. Corporate insiders own 9.00% of the company’s stock.

Several equities analysts have recently issued reports on the company. Stifel Nicolaus lowered Allison Transmission from a “buy” rating to a “hold” rating and reduced their target price for the company from $55.00 to $48.00 in a report on Wednesday, March 6th. Zacks Investment Research raised Allison Transmission from a “hold” rating to a “buy” rating and set a $51.00 target price for the company in a report on Monday, May 13th. Finally, ValuEngine lowered Allison Transmission from a “buy” rating to a “hold” rating in a report on Tuesday, March 5th. Two analysts have rated the stock with a sell rating, six have assigned a hold rating and three have issued a buy rating to the company’s stock. The company has an average rating of “Hold” and an average target price of $48.44.

Allison Transmission Company Profile

Allison Transmission Holdings, Inc, together with its subsidiaries, designs, manufactures, and sells commercial and defense fully-automatic transmissions for medium- and heavy-duty commercial vehicles, and medium- and heavy-tactical U.S. defense vehicles worldwide. It offers 12 transmission product lines for various applications, including distribution, refuse, construction, fire, and emergency on-highway trucks; school, transit, and hybrid-transit buses; motor homes; energy, mining, and construction off-highway vehicles and equipment; and wheeled and tracked defense vehicles.

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Institutional Ownership by Quarter for Allison Transmission (NYSE:ALSN)

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