Landscape Capital Management L.L.C. Boosts Holdings in Allison Transmission Holdings, Inc. $ALSN

Landscape Capital Management L.L.C. raised its holdings in Allison Transmission Holdings, Inc. (NYSE:ALSN) by 47.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 15,603 shares of the auto parts company’s stock after purchasing an additional 5,010 shares during the quarter. Landscape Capital Management L.L.C.’s holdings in Allison Transmission were worth $1,528,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in the business. Aigen Investment Management LP purchased a new stake in shares of Allison Transmission during the 4th quarter worth about $223,000. Arrowstreet Capital Limited Partnership boosted its stake in shares of Allison Transmission by 6.9% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 751,899 shares of the auto parts company’s stock worth $73,611,000 after acquiring an additional 48,675 shares in the last quarter. Atlas Capital Advisors Inc. purchased a new stake in shares of Allison Transmission during the 4th quarter worth about $1,096,000. Kestra Advisory Services LLC boosted its stake in shares of Allison Transmission by 2.0% during the 4th quarter. Kestra Advisory Services LLC now owns 11,061 shares of the auto parts company’s stock worth $1,083,000 after acquiring an additional 221 shares in the last quarter. Finally, Transamerica Financial Advisors LLC boosted its stake 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 acquiring an additional 338 shares in the last quarter. 96.90% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

ALSN has been the topic of several recent analyst reports. Oppenheimer increased their target price on shares of Allison Transmission from $115.00 to $135.00 and gave the stock an “outperform” rating in a research note on Tuesday, February 24th. Wells Fargo & Company increased their target price on shares of Allison Transmission from $127.00 to $137.00 and gave the stock an “equal weight” rating in a research note on Wednesday, May 6th. Citigroup increased their target price on shares of Allison Transmission from $130.00 to $135.00 and gave the stock a “neutral” rating in a research note on Monday, April 13th. Zacks Research lowered shares of Allison Transmission from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, March 24th. Finally, Weiss Ratings raised shares of Allison Transmission from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, June 4th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and five have issued a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $127.17.

Allison Transmission Stock Up 1.6%

ALSN stock opened at $119.22 on Tuesday. The company has a market cap of $9.89 billion, a price-to-earnings ratio of 18.54, a PEG ratio of 0.63 and a beta of 0.94. The company has a current ratio of 1.85, a quick ratio of 1.18 and a debt-to-equity ratio of 2.23. Allison Transmission Holdings, Inc. has a 12 month low of $76.01 and a 12 month high of $137.62. The firm has a 50-day moving average of $121.33 and a two-hundred day moving average of $113.12.

Allison Transmission (NYSE:ALSN) last released its quarterly earnings data on Monday, May 4th. The auto parts company reported $2.57 EPS for the quarter, beating analysts’ consensus estimates of $2.10 by $0.47. The company had revenue of $1.41 billion during the quarter, compared to the consensus estimate of $1.38 billion. Allison Transmission had a net margin of 14.88% and a return on equity of 37.50%. Allison Transmission’s quarterly revenue was up 83.6% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.23 EPS. As a group, analysts forecast that Allison Transmission Holdings, Inc. will post 9.96 earnings per share for the current fiscal year.

Allison Transmission Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 29th. Shareholders of record on Monday, May 18th were issued a $0.29 dividend. The ex-dividend date was Monday, May 18th. This represents a $1.16 dividend on an annualized basis and a yield of 1.0%. Allison Transmission’s dividend payout ratio is presently 18.04%.

Insider Buying and Selling

In other Allison Transmission news, CFO Scott A. Mell sold 2,270 shares of the stock in a transaction dated 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 sale, the chief financial officer owned 1,053 shares in the company, valued at approximately $131,625. This represents a 68.31% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 1.10% of the company’s stock.

Allison Transmission Profile

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.