Universal Beteiligungs und Servicegesellschaft mbH Has $10.52 Million Stock Position in Allison Transmission Holdings, Inc. $ALSN

Universal Beteiligungs und Servicegesellschaft mbH reduced its stake in shares of Allison Transmission Holdings, Inc. (NYSE:ALSN) by 5.1% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 123,976 shares of the auto parts company’s stock after selling 6,690 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH owned 0.15% of Allison Transmission worth $10,523,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of ALSN. Trust Co. of Toledo NA OH bought a new position in shares of Allison Transmission during the 2nd quarter worth about $28,000. Cullen Frost Bankers Inc. grew its position in Allison Transmission by 3,108.3% during the second quarter. Cullen Frost Bankers Inc. now owns 385 shares of the auto parts company’s stock worth $37,000 after buying an additional 373 shares in the last quarter. Employees Retirement System of Texas acquired a new stake in Allison Transmission during the second quarter worth about $38,000. True Wealth Design LLC increased its stake in Allison Transmission by 93.2% during the third quarter. True Wealth Design LLC now owns 452 shares of the auto parts company’s stock valued at $38,000 after acquiring an additional 218 shares during the period. Finally, First Horizon Corp acquired a new position in Allison Transmission in the 3rd quarter valued at approximately $40,000. 96.90% of the stock is owned by institutional investors.

Allison Transmission Stock Down 1.4%

Shares of NYSE ALSN opened at $109.52 on Friday. Allison Transmission Holdings, Inc. has a 52-week low of $76.01 and a 52-week high of $120.28. The company has a debt-to-equity ratio of 1.30, a quick ratio of 3.06 and a current ratio of 3.82. The business has a fifty day moving average of $97.51 and a two-hundred day moving average of $90.19. The stock has a market cap of $9.12 billion, a PE ratio of 13.42 and a beta of 0.98.

Allison Transmission (NYSE:ALSN) last announced its earnings results on Wednesday, October 29th. The auto parts company reported $1.63 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.95 by ($0.32). Allison Transmission had a return on equity of 40.46% and a net margin of 22.78%.The firm had revenue of $693.00 million for the quarter, compared to analyst estimates of $779.97 million. During the same quarter last year, the business earned $2.27 EPS. The company’s revenue for the quarter was down 15.9% compared to the same quarter last year. As a group, equities research analysts expect that Allison Transmission Holdings, Inc. will post 9.06 earnings per share for the current fiscal year.

Allison Transmission Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 5th. Stockholders of record on Friday, November 21st were issued a dividend of $0.27 per share. The ex-dividend date of this dividend was Friday, November 21st. This represents a $1.08 annualized dividend and a dividend yield of 1.0%. Allison Transmission’s dividend payout ratio (DPR) is presently 13.24%.

Insider Activity

In other news, SVP John Coll sold 1,791 shares of the business’s stock in a transaction that occurred on Wednesday, December 31st. The stock was sold at an average price of $98.79, for a total value of $176,932.89. Following the transaction, the senior vice president directly owned 10,021 shares of the company’s stock, valued at $989,974.59. The trade was a 15.16% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 1.10% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on ALSN. Citigroup boosted their price objective on Allison Transmission from $105.00 to $110.00 and gave the company a “neutral” rating in a research report on Tuesday, January 13th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Allison Transmission in a research note on Wednesday. Wells Fargo & Company increased their price objective on shares of Allison Transmission from $85.00 to $98.00 and gave the company an “equal weight” rating in a research note on Friday. Morgan Stanley raised their price objective on shares of Allison Transmission from $97.00 to $109.00 and gave the stock an “equal weight” rating in a report on Friday. Finally, Raymond James Financial upped their target price on shares of Allison Transmission from $110.00 to $115.00 and gave the company a “strong-buy” rating in a research note on Monday, December 22nd. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $102.00.

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.