Allison Transmission Holdings Inc (ALSN) : Longview Asset Management scooped up 481,556 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 May 10, 2016. The investment management firm now holds a total of 9,261,319 shares of Allison Transmission Holdings Inc which is valued at $255,241,952.Allison Transmission Holdings Inc makes up approximately 4.95% of Longview Asset Management’s portfolio.
Other Hedge Funds, Including , Wfg Advisors Lp added ALSN to its portfolio by purchasing 1 company shares during the most recent quarter which is valued at $28.Eii Capital Management reduced its stake in ALSN by selling 630 shares or 0.89% in the most recent quarter. The Hedge Fund company now holds 69,770 shares of ALSN which is valued at $1,922,861. Allison Transmission Holdings Inc makes up approx 0.53% of Eii Capital Management’s portfolio.Ci Investments reduced its stake in ALSN by selling 1,075,000 shares or 86.1% in the most recent quarter. The Hedge Fund company now holds 173,511 shares of ALSN which is valued at $4,832,281. Allison Transmission Holdings Inc makes up approx 0.06% of Ci Investments’s portfolio.Capital Fund Management S.a. reduced its stake in ALSN by selling 222,859 shares or 46.92% in the most recent quarter. The Hedge Fund company now holds 252,142 shares of ALSN which is valued at $7,022,155. Allison Transmission Holdings Inc makes up approx 0.12% of Capital Fund Management S.a.’s portfolio.
Allison Transmission Holdings Inc opened for trading at $27.68 and hit $28.03 on the upside on Monday, eventually ending the session at $27.74, with a gain of 0.65% or 0.18 points. The heightened volatility saw the trading volume jump to 12,10,232 shares. Company has a market cap of $4,708 M.
On the company’s financial health, Allison Transmission Holdings Inc reported $0.63 EPS for the quarter, beating the analyst consensus estimate by $ 0.05 according to the earnings call on Apr 25, 2016. Analyst had a consensus of $0.58. The company had revenue of $462.10 million for the quarter, compared to analysts expectations of $445.75 million. The company’s revenue was down -8.2 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.38 EPS.
Many Wall Street Analysts have commented on Allison Transmission Holdings Inc. Company shares were Reiterated by RBC Capital Mkts on Apr 27, 2016 to “Outperform”, Firm has raised the Price Target to $ 32 from a previous price target of $30 .Company shares were Reiterated by Stifel on Apr 4, 2016 to “Buy”, Firm has raised the Price Target to $ 29 from a previous price target of $27 .Allison Transmission Holdings Inc was Upgraded by BofA/Merrill to ” Buy” on Mar 2, 2016.
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.