Teachers Advisors LLC boosted its stake in shares of Allison Transmission Holdings Inc (NASDAQ:ALSN) by 42.1% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 709,137 shares of the auto parts company’s stock after buying an additional 210,006 shares during the period. Teachers Advisors LLC’s holdings in Allison Transmission Holdings were worth $25,571,000 at the end of the most recent quarter.

Several other institutional investors also recently made changes to their positions in ALSN. Creative Planning boosted its position in Allison Transmission Holdings by 0.4% in the first quarter. Creative Planning now owns 12,108 shares of the auto parts company’s stock worth $437,000 after buying an additional 47 shares during the last quarter. Ameriprise Financial Inc. increased its stake in shares of Allison Transmission Holdings by 3.4% in the first quarter. Ameriprise Financial Inc. now owns 6,648 shares of the auto parts company’s stock valued at $239,000 after buying an additional 216 shares during the period. American Century Companies Inc. increased its stake in Allison Transmission Holdings by 0.8% in the first quarter. American Century Companies Inc. now owns 26,093 shares of the auto parts company’s stock worth $941,000 after buying an additional 218 shares during the last quarter. Envestnet Asset Management Inc. increased its stake in Allison Transmission Holdings by 3.3% in the fourth quarter. Envestnet Asset Management Inc. now owns 16,888 shares of the auto parts company’s stock worth $568,000 after buying an additional 544 shares during the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank increased its stake in Allison Transmission Holdings by 32.4% in the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 5,471 shares of the auto parts company’s stock worth $197,000 after buying an additional 1,340 shares during the last quarter.

Allison Transmission Holdings Inc (ALSN) traded up 0.66% during mid-day trading on Friday, hitting $38.04. 852,856 shares of the company’s stock were exchanged. The stock’s 50 day moving average price is $37.63 and its 200-day moving average price is $36.86. The stock has a market cap of $5.66 billion and a PE ratio of 21.60. Allison Transmission Holdings Inc has a 12 month low of $26.74 and a 12 month high of $40.25.

Allison Transmission Holdings (NASDAQ:ALSN) last issued its earnings results on Monday, July 31st. The auto parts company reported $0.63 EPS for the quarter, topping analysts’ consensus estimates of $0.47 by $0.16. The company had revenue of $580 million for the quarter, compared to analysts’ expectations of $515.03 million. Allison Transmission Holdings had a net margin of 16.63% and a return on equity of 36.64%. The firm’s revenue was up 22.1% compared to the same quarter last year. During the same quarter last year, the company earned $0.37 EPS. Equities analysts expect that Allison Transmission Holdings Inc will post $2.09 EPS for the current fiscal year.

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Several brokerages have commented on ALSN. Zacks Investment Research upgraded shares of Allison Transmission Holdings from a “hold” rating to a “strong-buy” rating and set a $44.00 price objective for the company in a research report on Tuesday, May 2nd. Royal Bank Of Canada boosted their price objective on shares of Allison Transmission Holdings from $40.00 to $46.00 and gave the company an “outperform” rating in a research report on Friday, April 28th. Stifel Nicolaus boosted their price objective on shares of Allison Transmission Holdings from $35.00 to $40.00 and gave the company a “hold” rating in a research report on Friday, April 28th. Deutsche Bank AG boosted their target price on shares of Allison Transmission Holdings from $43.00 to $44.00 and gave the stock a “hold” rating in a research note on Friday, April 28th. Finally, Piper Jaffray Companies reaffirmed a “sell” rating and set a $31.00 target price on shares of Allison Transmission Holdings in a research note on Wednesday, July 12th. Two analysts have rated the stock with a sell rating, five have assigned a hold rating, six have issued a buy rating and two have given a strong buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus target price of $40.56.

In other Allison Transmission Holdings news, CFO David S. Graziosi sold 10,736 shares of the firm’s stock in a transaction on Tuesday, August 1st. The shares were sold at an average price of $39.91, for a total value of $428,473.76. Following the sale, the chief financial officer now owns 204,859 shares of the company’s stock, valued at approximately $8,175,922.69. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, SVP Randall R. Kirk sold 7,284 shares of the firm’s stock in a transaction on Monday, July 3rd. The stock was sold at an average price of $37.78, for a total transaction of $275,189.52. Following the completion of the sale, the senior vice president now directly owns 78,347 shares in the company, valued at approximately $2,959,949.66. The disclosure for this sale can be found here. In the last quarter, insiders sold 132,584 shares of company stock worth $5,126,514.

Allison Transmission Holdings Company 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).

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

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