Villanova Investment Management Co LLC Purchases 6,962 Shares of Allison Transmission Holdings, Inc. $ALSN

Villanova Investment Management Co LLC lifted its position in Allison Transmission Holdings, Inc. (NYSE:ALSN) by 36.6% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 25,983 shares of the auto parts company’s stock after buying an additional 6,962 shares during the period. Allison Transmission comprises 1.5% of Villanova Investment Management Co LLC’s holdings, making the stock its 29th largest position. Villanova Investment Management Co LLC’s holdings in Allison Transmission were worth $2,205,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the business. Rossby Financial LCC increased its holdings in shares of Allison Transmission by 107.0% in the third quarter. Rossby Financial LCC now owns 296 shares of the auto parts company’s stock worth $25,000 after acquiring an additional 153 shares in the last quarter. Cullen Frost Bankers Inc. increased its stake in Allison Transmission by 3,108.3% during the 2nd quarter. Cullen Frost Bankers Inc. now owns 385 shares of the auto parts company’s stock worth $37,000 after purchasing an additional 373 shares in the last quarter. Employees Retirement System of Texas bought a new stake in Allison Transmission during the 2nd quarter worth approximately $38,000. True Wealth Design LLC raised its holdings in Allison Transmission by 93.2% during the 3rd quarter. True Wealth Design LLC now owns 452 shares of the auto parts company’s stock worth $38,000 after buying an additional 218 shares during the period. Finally, First Horizon Corp bought a new position in Allison Transmission in the third quarter valued at approximately $40,000. Institutional investors and hedge funds own 96.90% of the company’s stock.

Allison Transmission Trading Up 1.0%

NYSE ALSN opened at $119.00 on Monday. Allison Transmission Holdings, Inc. has a 12 month low of $76.01 and a 12 month high of $119.48. The company has a current ratio of 3.82, a quick ratio of 3.06 and a debt-to-equity ratio of 1.30. The stock has a 50 day moving average of $107.54 and a 200-day moving average of $93.77. The company has a market cap of $9.90 billion, a PE ratio of 14.58, a PEG ratio of 1.24 and a beta of 0.97.

Wall Street Analysts Forecast Growth

Several research firms recently commented on ALSN. Weiss Ratings raised shares of Allison Transmission from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, February 11th. Citigroup lifted their target price on Allison Transmission from $105.00 to $110.00 and gave the company a “neutral” rating in a research report on Tuesday, January 13th. Zacks Research upgraded Allison Transmission from a “hold” rating to a “strong-buy” rating in a research note on Monday, January 26th. JPMorgan Chase & Co. raised their price target on shares of Allison Transmission from $87.00 to $115.00 and gave the stock a “neutral” rating in a research note on Wednesday, January 14th. Finally, Raymond James Financial boosted their price objective on shares of Allison Transmission from $110.00 to $115.00 and gave the stock a “strong-buy” rating in a research report on Monday, December 22nd. Two analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating, five have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $102.00.

Insider Buying and Selling

In other Allison Transmission 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 transaction of $176,932.89. Following the transaction, the senior vice president owned 10,021 shares of the company’s stock, valued at $989,974.59. The trade was a 15.16% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 1.20% 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.