Consulta Ltd Lowers stake in Allison Transmission Holdings Inc (ALSN)

Allison Transmission Holdings Inc (ALSN) : Consulta Ltd reduced its stake in Allison Transmission Holdings Inc by 15.38% during the most recent quarter end. The investment management company now holds a total of 2,750,000 shares of Allison Transmission Holdings Inc which is valued at $77,660,000 after selling 500,000 shares in Allison Transmission Holdings Inc , the firm said in a disclosure report filed with the SEC on Aug 15, 2016.Allison Transmission Holdings Inc makes up approximately 9.06% of Consulta Ltd’s portfolio.

Other Hedge Funds, Including , Visium Asset Management Lp sold out all of its stake in ALSN during the most recent quarter. The investment firm sold 143,188 shares of ALSN which is valued $4,043,629. Nine Chapters Capital Management sold out all of its stake in ALSN during the most recent quarter. The investment firm sold 213,800 shares of ALSN which is valued $6,063,368.Ci Global Investments reduced its stake in ALSN by selling 3,724,395 shares or 59.77% in the most recent quarter. The Hedge Fund company now holds 2,506,925 shares of ALSN which is valued at $71,347,086. Allison Transmission Holdings Inc makes up approx 1.89% of Ci Global Investments’s portfolio. Lmr Partners Llp added ALSN to its portfolio by purchasing 11,932 company shares during the most recent quarter which is valued at $343,880. Allison Transmission Holdings Inc makes up approx 0.05% of Lmr Partners Llp’s portfolio.

Allison Transmission Holdings Inc closed down -0.09 points or -0.32% at $27.65 with 9,27,995 shares getting traded on Thursday. Post opening the session at $27.72, the shares hit an intraday low of $27.46 and an intraday high of $27.9 and the price fluctuated in this range throughout the day.Shares ended Thursday 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 Downgraded by Stifel to ” Hold” on Jun 14, 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.

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