Ownership Action Alert: Allison Transmission Holdings Inc (NYSE:ALSN) Q2 2016 Sentiment Report

November 30, 2016 - By Marie Mckinney   ·   0 Comments

Ownership Action Alert: Allison Transmission Holdings Inc (NYSE:ALSN)  Q2 2016 Sentiment Report

Sentiment for Allison Transmission Holdings Inc (NYSE:ALSN)

Allison Transmission Holdings Inc (NYSE:ALSN) institutional sentiment increased to 0.9 in 2016 Q2. Its up 0.04, from 0.86 in 2016Q1. The ratio is positive, as 101 funds opened new and increased positions, while 118 sold and trimmed equity positions in Allison Transmission Holdings Inc. The funds in our partner’s database now hold: 154.23 million shares, down from 168.77 million shares in 2016Q1. Also, the number of funds holding Allison Transmission Holdings Inc in their top 10 positions decreased from 9 to 7 for a decrease of 2. Sold All: 28 Reduced: 90 Increased: 77 New Position: 24.

Allison Transmission Holdings, Inc. and its subsidiaries design and manufacture commercial and defense fully-automatic transmissions. The company has a market cap of $5.49 billion. The Firm makes fully-automatic transmissions for medium- and heavy-duty commercial vehicles and medium-and heavy-tactical the United States defense vehicles. It has a 33.7 P/E ratio. The Firm operates through manufacture and distribution of fully-automatic transmissions segment.

About 598,108 shares traded hands. Allison Transmission Holdings Inc (NYSE:ALSN) has risen 12.60% since April 27, 2016 and is uptrending. It has outperformed by 7.38% the S&P500.

Analysts await Allison Transmission Holdings Inc (NYSE:ALSN) to report earnings on February, 13. They expect $0.26 earnings per share, down 65.79% or $0.50 from last year’s $0.76 per share. ALSN’s profit will be $43.19 million for 31.78 P/E if the $0.26 EPS becomes a reality. After $0.27 actual earnings per share reported by Allison Transmission Holdings Inc for the previous quarter, Wall Street now forecasts -3.70% negative EPS growth.

According to Zacks Investment Research, “Allison Transmission Holdings, Inc. is engaged in the manufacturing of fully-automatic transmissions for medium- and heavy-duty commercial vehicles, medium- and heavy-tactical U.S. military vehicles and hybrid-propulsion systems for transit buses. The Company’s products are used in a variety of applications including on-highway trucks, buses, motorhomes, off-highway vehicles and equipment and military vehicles. Allison Transmission Holdings, Inc. is headquartered in Indianapolis, Indiana.”

Timucuan Asset Management Inc Fl holds 8.72% of its portfolio in Allison Transmission Holdings Inc for 3.38 million shares. Manor Road Capital Partners Llc owns 1.50 million shares or 6.48% of their US portfolio. Moreover, Sq Advisors Llc has 5.48% invested in the company for 4.59 million shares. The Illinois-based Longview Asset Management Llc has invested 4.99% in the stock. Valueact Holdings L.P., a California-based fund reported 19.13 million shares.#img1#

Insider Transactions: Since January 1, 0001, the stock had 0 insider purchases, and 8 selling transactions for $262.41 million net activity.

Allison Transmission Holdings Inc (NYSE:ALSN) Ratings Coverage

Ratings analysis reveals 50% of Allison Transmission Holdings’s analysts are positive. Out of 10 Wall Street analysts rating Allison Transmission Holdings, 5 give it “Buy”, 0 “Sell” rating, while 5 recommend “Hold”. The lowest target is $25 while the high is $35. The stock’s average target of $29.56 is -10.56% below today’s ($33.05) share price. ALSN was included in 22 notes of analysts from July 30, 2015. Avondale initiated Allison Transmission Holdings Inc (NYSE:ALSN) on Wednesday, December 2 with “Mkt Outperform” rating. The firm has “Hold” rating given on Tuesday, September 22 by Deutsche Bank. Barclays Capital maintained Allison Transmission Holdings Inc (NYSE:ALSN) rating on Wednesday, October 12. Barclays Capital has “Overweight” rating and $30 price target. On Friday, October 9 the stock rating was downgraded by JP Morgan to “Neutral”. The rating was maintained by Citigroup with “Neutral” on Friday, July 29. The firm has “Outperform” rating given on Tuesday, March 15 by RBC Capital Markets. The firm has “Buy” rating given on Wednesday, March 2 by Bank of America. CLSA initiated the stock with “Outperform” rating in Friday, September 30 report. Barclays Capital initiated Allison Transmission Holdings Inc (NYSE:ALSN) on Friday, September 25 with “Overweight” rating. Stifel Nicolaus downgraded the stock to “Hold” rating in Tuesday, June 14 report.

ALSN Company Profile

Allison Transmission Holdings, Inc., incorporated on June 22, 2007, and its subsidiaries design and manufacture commercial and defense fully-automatic transmissions. The Firm makes fully-automatic transmissions for medium- and heavy-duty commercial vehicles and medium-and heavy-tactical the United States defense vehicles. The Firm operates through manufacture and distribution of fully-automatic transmissions segment. 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). The Company’s transmissions are sold under the Allison Transmission brand name and remanufactured transmissions are sold under the ReTran brand name. The Firm has developed over 100 different models that are used in over 2,500 different vehicle configurations and are compatible with over 500 combinations of engine brands, models and ratings, including diesel, gasoline, natural gas and other alternative fuels.

More news for Allison Transmission Holdings Inc (NYSE:ALSN) were recently published by: Nasdaq.com, which released: “Allison Transmission Holdings, Inc. (ALSN) Ex-Dividend Date Scheduled for …” on November 08, 2016. Barrons.com‘s article titled: “Allison Transmission’s Shares Could Rev Up” and published on November 05, 2016 is yet another important article.

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By Marie Mckinney

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