Natixis Advisors L.P. trimmed its holdings in shares of Allison Transmission Holdings Inc (NYSE:ALSN) by 1.8% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 106,715 shares of the auto parts company’s stock after selling 1,909 shares during the quarter. Natixis Advisors L.P.’s holdings in Allison Transmission were worth $4,685,000 as of its most recent filing with the SEC.
A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. First Interstate Bank bought a new position in shares of Allison Transmission during the 4th quarter worth approximately $26,000. Capital Investment Advisory Services LLC bought a new position in shares of Allison Transmission during the 4th quarter worth approximately $43,000. Rehmann Capital Advisory Group grew its stake in shares of Allison Transmission by 202.3% during the 3rd quarter. Rehmann Capital Advisory Group now owns 934 shares of the auto parts company’s stock worth $49,000 after acquiring an additional 625 shares in the last quarter. First Mercantile Trust Co. grew its stake in shares of Allison Transmission by 43.7% during the 4th quarter. First Mercantile Trust Co. now owns 1,250 shares of the auto parts company’s stock worth $54,000 after acquiring an additional 380 shares in the last quarter. Finally, Bremer Trust National Association bought a new position in shares of Allison Transmission during the 4th quarter worth approximately $58,000. 95.92% of the stock is owned by institutional investors and hedge funds.
In other Allison Transmission news, Director Lawrence E. Dewey sold 106,176 shares of the firm’s stock in a transaction on Wednesday, January 9th. The stock was sold at an average price of $46.13, for a total transaction of $4,897,898.88. Following the completion of the sale, the director now owns 215,152 shares of the company’s stock, valued at approximately $9,924,961.76. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director William R. Harker sold 2,030 shares of the firm’s stock in a transaction on Friday, January 18th. The shares were sold at an average price of $50.01, for a total value of $101,520.30. The disclosure for this sale can be found here. Corporate insiders own 8.40% of the company’s stock.
NYSE ALSN opened at $45.65 on Friday. The company has a market capitalization of $5.76 billion, a PE ratio of 9.55, a P/E/G ratio of 1.01 and a beta of 1.38. The company has a debt-to-equity ratio of 3.83, a current ratio of 1.70 and a quick ratio of 1.30. Allison Transmission Holdings Inc has a 12 month low of $37.41 and a 12 month high of $53.76.
Allison Transmission (NYSE:ALSN) last released its quarterly earnings data on Monday, February 25th. The auto parts company reported $1.14 EPS for the quarter, beating the consensus estimate of $0.96 by $0.18. The company had revenue of $647.00 million during the quarter, compared to the consensus estimate of $631.22 million. Allison Transmission had a return on equity of 96.42% and a net margin of 23.55%. The firm’s revenue for the quarter was up 10.0% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.51 EPS. On average, sell-side analysts forecast that Allison Transmission Holdings Inc will post 4.56 earnings per share for the current year.
The business also recently disclosed a quarterly dividend, which was paid on Friday, March 15th. Stockholders of record on Monday, March 4th were issued a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 1.31%. The ex-dividend date was Friday, March 1st. Allison Transmission’s payout ratio is presently 12.55%.
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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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