CHICAGO TRUST Co NA Has $270,000 Position in Allison Transmission Holdings, Inc. $ALSN

CHICAGO TRUST Co NA cut its position in Allison Transmission Holdings, Inc. (NYSE:ALSN) by 69.7% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,305 shares of the auto parts company’s stock after selling 5,310 shares during the quarter. CHICAGO TRUST Co NA’s holdings in Allison Transmission were worth $270,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Caprock Group LLC increased its position in Allison Transmission by 191.5% during the fourth quarter. Caprock Group LLC now owns 26,051 shares of the auto parts company’s stock worth $2,550,000 after acquiring an additional 17,114 shares during the period. Natixis Advisors LLC grew its position in shares of Allison Transmission by 5.3% during the 4th quarter. Natixis Advisors LLC now owns 285,022 shares of the auto parts company’s stock worth $27,903,000 after purchasing an additional 14,445 shares in the last quarter. UBS Group AG raised its position in shares of Allison Transmission by 30.4% in the fourth quarter. UBS Group AG now owns 1,252,197 shares of the auto parts company’s stock valued at $122,590,000 after buying an additional 291,649 shares in the last quarter. SG Americas Securities LLC boosted its stake in shares of Allison Transmission by 109.9% in the fourth quarter. SG Americas Securities LLC now owns 17,014 shares of the auto parts company’s stock valued at $1,666,000 after buying an additional 8,910 shares during the period. Finally, Systematic Financial Management LP increased its stake in Allison Transmission by 52.2% during the 4th quarter. Systematic Financial Management LP now owns 29,585 shares of the auto parts company’s stock worth $2,896,000 after acquiring an additional 10,145 shares during the period. 96.90% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Allison Transmission

In related news, CFO Scott A. Mell sold 2,270 shares of Allison Transmission stock in a transaction that occurred on Friday, May 8th. The shares were sold at an average price of $125.00, for a total transaction of $283,750.00. Following the sale, the chief financial officer directly owned 1,053 shares of the company’s stock, valued at approximately $131,625. The trade was a 68.31% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 1.10% of the company’s stock.

Allison Transmission Trading Down 0.8%

Shares of ALSN opened at $116.49 on Friday. The company has a debt-to-equity ratio of 2.23, a quick ratio of 1.18 and a current ratio of 1.85. Allison Transmission Holdings, Inc. has a 52-week low of $76.01 and a 52-week high of $137.62. The firm has a market cap of $9.66 billion, a price-to-earnings ratio of 18.12, a PEG ratio of 0.63 and a beta of 0.95. The business’s fifty day moving average is $119.55 and its 200-day moving average is $115.49.

Allison Transmission (NYSE:ALSN) last announced its quarterly earnings data on Monday, May 4th. The auto parts company reported $2.57 earnings per share for the quarter, topping the consensus estimate of $2.10 by $0.47. Allison Transmission had a return on equity of 37.50% and a net margin of 14.88%.The business had revenue of $1.41 billion during the quarter, compared to the consensus estimate of $1.38 billion. During the same period in the prior year, the company earned $2.23 EPS. Allison Transmission’s revenue for the quarter was up 83.6% on a year-over-year basis. Equities analysts anticipate that Allison Transmission Holdings, Inc. will post 9.86 EPS for the current fiscal year.

Allison Transmission Announces Dividend

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

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on ALSN shares. Weiss Ratings downgraded Allison Transmission from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Thursday, June 18th. Wells Fargo & Company upped their price objective on shares of Allison Transmission from $127.00 to $137.00 and gave the stock an “equal weight” rating in a research report on Wednesday, May 6th. Morgan Stanley increased their price objective on shares of Allison Transmission from $117.00 to $126.00 and gave the stock an “equal weight” rating in a research note on Wednesday, May 13th. Zacks Research lowered shares of Allison Transmission from a “strong-buy” rating to a “hold” rating in a report on Tuesday, March 24th. Finally, Citigroup upped their price target on shares of Allison Transmission from $130.00 to $135.00 and gave the stock a “neutral” rating in a report on Monday, April 13th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat, Allison Transmission currently has an average rating of “Hold” and an average target price of $127.17.

Allison Transmission Company 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.