Allison Transmission Holdings Inc (ALSN) : Algert Global scooped up 67,201 additional shares in Allison Transmission Holdings Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Oct 12, 2016. The investment management firm now holds a total of 97,070 shares of Allison Transmission Holdings Inc which is valued at $2,727,667.Allison Transmission Holdings Inc makes up approximately 0.80% of Algert Global’s portfolio.
Other Hedge Funds, Including , Creative Planning boosted its stake in ALSN in the latest quarter, The investment management firm added 2 additional shares and now holds a total of 343 shares of Allison Transmission Holdings Inc which is valued at $9,638.Cutler Group Lp boosted its stake in ALSN in the latest quarter, The investment management firm added 900 additional shares and now holds a total of 1,004 shares of Allison Transmission Holdings Inc which is valued at $28,463.Independent Portfolio Consultants reduced its stake in ALSN by selling 1,900 shares or 31.2% in the most recent quarter. The Hedge Fund company now holds 4,190 shares of ALSN which is valued at $120,085. Allison Transmission Holdings Inc makes up approx 0.04% of Independent Portfolio Consultants’s portfolio. Cacti Asset Management sold out all of its stake in ALSN during the most recent quarter. The investment firm sold 566,025 shares of ALSN which is valued $16,222,277. Harbour Capital Advisors added ALSN to its portfolio by purchasing 10,075 company shares during the most recent quarter which is valued at $288,750. Allison Transmission Holdings Inc makes up approx 0.16% of Harbour Capital Advisors’s portfolio.
Allison Transmission Holdings Inc closed down -0.25 points or -0.88% at $28.1 with 14,24,253 shares getting traded on Tuesday. Post opening the session at $28.34, the shares hit an intraday low of $28 and an intraday high of $28.36 and the price fluctuated in this range throughout the day.Shares ended Tuesday session in Red.
On the company’s financial health, Allison Transmission Holdings Inc reported $0.37 EPS for the quarter, beating the analyst consensus estimate by $ 0.04 according to the earnings call on Jul 27, 2016. Analyst had a consensus of $0.33. The company had revenue of $475.00 million for the quarter, compared to analysts expectations of $476.28 million. The company’s revenue was down -7.0 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.30 EPS.
Many Wall Street Analysts have commented on Allison Transmission Holdings Inc. Allison Transmission Holdings Inc was Initiated by CLSA to “Outperform” on Sep 30, 2016. Deutsche Bank Initiated Allison Transmission Holdings Inc on Sep 7, 2016 to “Hold”, Price Target of the shares are set at $30.
Allison Transmission Holdings Inc. designs and manufactures commercial and defense transmissions. The Company offers 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 variety 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). The Company’s transmissions are sold under the Allison Transmission brand name and remanufactured transmissions are sold under the ReTran brand name. The Company has over 100 different models that are used in over 2500 different vehicle configurations and are compatible with more than 500 combinations of engine brands models and ratings including diesel gasoline natural gas and other alternative fuels.