Timucuan Asset Management Incfl buys $91.6 Million stake in Allison Transmission Holdings Inc (ALSN)

Allison Transmission Holdings Inc (ALSN) : Timucuan Asset Management Incfl scooped up 199,122 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 11, 2016. The investment management firm now holds a total of 3,324,593 shares of Allison Transmission Holdings Inc which is valued at $91.6 Million.Allison Transmission Holdings Inc makes up approximately 9.01% of Timucuan Asset Management Incfl’s portfolio.

Other Hedge Funds, Including , Teacher Retirement System Of Texas boosted its stake in ALSN in the latest quarter, The investment management firm added 4,359 additional shares and now holds a total of 18,934 shares of Allison Transmission Holdings Inc which is valued at $521,821. Eagleclaw Capital Managment added ALSN to its portfolio by purchasing 7,600 company shares during the most recent quarter which is valued at $209,456. Allison Transmission Holdings Inc makes up approx 0.14% of Eagleclaw Capital Managment’s portfolio.Los Angeles Capital Management Equity Research Inc boosted its stake in ALSN in the latest quarter, The investment management firm added 27,002 additional shares and now holds a total of 165,172 shares of Allison Transmission Holdings Inc which is valued at $4.6 Million. Allison Transmission Holdings Inc makes up approx 0.04% of Los Angeles Capital Management Equity Research Inc’s portfolio.Diversified Trust Co reduced its stake in ALSN by selling 2,715 shares or 8.43% in the most recent quarter. The Hedge Fund company now holds 29,500 shares of ALSN which is valued at $821,575. Allison Transmission Holdings Inc makes up approx 0.12% of Diversified Trust Co’s portfolio.Commerce Bank boosted its stake in ALSN in the latest quarter, The investment management firm added 610 additional shares and now holds a total of 32,100 shares of Allison Transmission Holdings Inc which is valued at $924,801. Allison Transmission Holdings Inc makes up approx 0.02% of Commerce Bank’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.

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