Sq Advisors adds Allison Transmission Holdings Inc (ALSN) to its portfolio

Allison Transmission Holdings Inc (ALSN) : Sq Advisors added new position in Allison Transmission Holdings Inc during the most recent quarter end. The investment management firm now holds 4,588,604 shares of Allison Transmission Holdings Inc which is valued at $129,582,177 , the company said in a statement filed on Aug 15, 2016 with the SEC.Allison Transmission Holdings Inc makes up approximately 5.17% of Sq Advisors’s portfolio.

Other Hedge Funds, Including , Price T Rowe Associates Inc Md reduced its stake in ALSN by selling 6,197 shares or 13.25% in the most recent quarter. The Hedge Fund company now holds 40,570 shares of ALSN which is valued at $1,145,697.Epoch Investment Partners reduced its stake in ALSN by selling 80,833 shares or 14.23% in the most recent quarter. The Hedge Fund company now holds 487,372 shares of ALSN which is valued at $13,763,385. Allison Transmission Holdings Inc makes up approx 0.05% of Epoch Investment Partners’s portfolio.Hsbc Holdings Plc reduced its stake in ALSN by selling 5,244 shares or 30.16% in the most recent quarter. The Hedge Fund company now holds 12,145 shares of ALSN which is valued at $342,975.Mesirow Financial Investment Management – Equity Management reduced its stake in ALSN by selling 110,002 shares or 85.94% in the most recent quarter. The Hedge Fund company now holds 17,992 shares of ALSN which is valued at $508,454. Allison Transmission Holdings Inc makes up approx 0.03% of Mesirow Financial Investment Management – Equity Management’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.

Leave a Reply

Allison Transmission Holdings Inc - Is it time to Sell?

Top Brokerage Firms are advising their investors on Allison Transmission Holdings Inc. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.