EagleClaw Capital Managment LLC Raises Holdings in Allison Transmission Holdings, Inc. (ALSN)

EagleClaw Capital Managment LLC grew its holdings in shares of Allison Transmission Holdings, Inc. (NYSE:ALSN) by 5.1% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 10,400 shares of the auto parts company’s stock after purchasing an additional 500 shares during the period. EagleClaw Capital Managment LLC’s holdings in Allison Transmission Holdings were worth $390,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the business. Standard Life Investments LTD raised its holdings in shares of Allison Transmission Holdings by 15.9% during the second quarter. Standard Life Investments LTD now owns 3,682,743 shares of the auto parts company’s stock worth $138,158,000 after purchasing an additional 504,518 shares during the period. TIAA CREF Investment Management LLC raised its holdings in shares of Allison Transmission Holdings by 37.9% during the second quarter. TIAA CREF Investment Management LLC now owns 1,630,598 shares of the auto parts company’s stock worth $61,164,000 after purchasing an additional 448,541 shares during the period. Renaissance Technologies LLC raised its holdings in shares of Allison Transmission Holdings by 57.2% during the second quarter. Renaissance Technologies LLC now owns 1,543,200 shares of the auto parts company’s stock worth $57,885,000 after purchasing an additional 561,334 shares during the period. Dimensional Fund Advisors LP raised its holdings in shares of Allison Transmission Holdings by 11.2% during the second quarter. Dimensional Fund Advisors LP now owns 1,403,681 shares of the auto parts company’s stock worth $52,650,000 after purchasing an additional 141,741 shares during the period. Finally, Goldman Sachs Group Inc. raised its holdings in shares of Allison Transmission Holdings by 140.0% during the second quarter. Goldman Sachs Group Inc. now owns 1,030,458 shares of the auto parts company’s stock worth $38,652,000 after purchasing an additional 601,174 shares during the period.

Allison Transmission Holdings, Inc. (NYSE:ALSN) traded down 0.37% during trading on Wednesday, hitting $37.25. 359,637 shares of the stock traded hands. The company has a 50-day moving average price of $35.52 and a 200 day moving average price of $36.83. The stock has a market cap of $5.54 billion, a PE ratio of 20.93 and a beta of 1.20. Allison Transmission Holdings, Inc. has a one year low of $27.03 and a one year high of $40.25.

Allison Transmission Holdings (NYSE:ALSN) last released its quarterly earnings results on Monday, July 31st. The auto parts company reported $0.63 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.47 by $0.16. Allison Transmission Holdings had a return on equity of 31.27% and a net margin of 14.32%. The business had revenue of $580.00 million during the quarter, compared to analysts’ expectations of $515.03 million. During the same period in the previous year, the business posted $0.37 earnings per share. The firm’s revenue for the quarter was up 22.1% compared to the same quarter last year. Analysts expect that Allison Transmission Holdings, Inc. will post $2.12 earnings per share for the current year.

In related news, SVP Randall R. Kirk sold 7,541 shares of Allison Transmission Holdings stock in a transaction dated Tuesday, September 5th. The stock was sold at an average price of $34.27, for a total value of $258,430.07. Following the completion of the transaction, the senior vice president now directly owns 84,494 shares of the company’s stock, valued at $2,895,609.38. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CFO David S. Graziosi sold 39,264 shares of Allison Transmission Holdings stock in a transaction dated Wednesday, September 27th. The shares were sold at an average price of $37.23, for a total value of $1,461,798.72. Following the completion of the transaction, the chief financial officer now directly owns 233,387 shares of the company’s stock, valued at $8,688,998.01. The disclosure for this sale can be found here. Insiders sold 57,541 shares of company stock valued at $2,148,703 over the last ninety days. 7.90% of the stock is currently owned by company insiders.

A number of analysts have weighed in on ALSN shares. Royal Bank Of Canada reissued a “buy” rating on shares of Allison Transmission Holdings in a report on Wednesday, August 2nd. BidaskClub raised shares of Allison Transmission Holdings from a “hold” rating to a “buy” rating in a report on Wednesday, June 28th. ValuEngine raised shares of Allison Transmission Holdings from a “hold” rating to a “buy” rating in a report on Friday, September 1st. Stifel Nicolaus reissued a “hold” rating and set a $41.00 target price (up from $40.00) on shares of Allison Transmission Holdings in a report on Friday, July 28th. Finally, Deutsche Bank AG dropped their target price on shares of Allison Transmission Holdings from $44.00 to $43.00 and set a “hold” rating on the stock in a report on Wednesday, August 2nd. Three analysts have rated the stock with a sell rating, six have given a hold rating and six have assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of $39.63.

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Allison Transmission Holdings Profile

Allison Transmission Holdings, Inc and its subsidiaries design and manufacture commercial and defense fully-automatic transmissions. The Company manufactures fully-automatic transmissions for medium- and heavy-duty commercial vehicles, and medium-and heavy-tactical United States defense vehicles. The Company’s transmissions are used in a range of applications, including on-highway trucks (distribution, refuse, construction, fire and emergency), buses (primarily school, transit and hybrid-transit), motorhomes, off-highway vehicles and equipment (energy, mining and construction) and defense vehicles (wheeled and tracked).

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

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