Longview Asset Management LLC Has Cut Its Position in Allison Transmission Hldgs INC (ALSN) by $42.80 Million as Share Price Declined

April 21, 2018 - By Max Morgan

Allison Transmission Holdings, Inc. (NYSE:ALSN) LogoInvestors sentiment increased to 1.1 in 2017 Q4. Its up 0.04, from 1.06 in 2017Q3. It is positive, as 22 investors sold ALSN shares while 97 reduced holdings. 52 funds opened positions while 79 raised stakes. 149.21 million shares or 1.73% less from 151.84 million shares in 2017Q3 were reported. Fincl Advisers Ltd stated it has 21,048 shares. Bancshares Of America Corp De reported 1.61M shares or 0.01% of all its holdings. Cwm Limited Liability owns 160 shares. Missouri-based Argent Capital Management has invested 0.03% in Allison Transmission Holdings, Inc. (NYSE:ALSN). Hotchkis & Wiley Capital Management Limited Liability Com stated it has 425,235 shares. Gam Ag has 0.05% invested in Allison Transmission Holdings, Inc. (NYSE:ALSN) for 34,799 shares. Credit Suisse Ag reported 286,601 shares. Fifth Third Bancorp invested 0% of its portfolio in Allison Transmission Holdings, Inc. (NYSE:ALSN). The Wisconsin-based Northwestern Mutual Wealth Mngmt has invested 0% in Allison Transmission Holdings, Inc. (NYSE:ALSN). Etrade Capital Mngmt Limited reported 0.04% of its portfolio in Allison Transmission Holdings, Inc. (NYSE:ALSN). Nuveen Asset Management Limited Liability Corporation reported 299,540 shares. Rhumbline Advisers invested 0.01% of its portfolio in Allison Transmission Holdings, Inc. (NYSE:ALSN). Teachers Retirement System Of The State Of Kentucky has 0.04% invested in Allison Transmission Holdings, Inc. (NYSE:ALSN) for 76,008 shares. Connor Clark And Lunn Investment Mgmt Limited owns 78,566 shares or 0.02% of their US portfolio. Neuberger Berman Grp Ltd invested in 0.08% or 1.68M shares.

Since December 12, 2017, it had 0 insider purchases, and 10 selling transactions for $72.72 million activity. Graziosi David S. sold 46,200 shares worth $2.08 million. Dick Michael sold $295,425 worth of stock or 6,565 shares. Shares for $190,533 were sold by Scroggins Eric C..

James A. Star decreased its stake in Allison Transmission Hldgs Inc (ALSN) by 10.74% based on its latest 2017Q4 regulatory filing with the SEC. Longview Asset Management Llc sold 995,331 shares as the company’s stock declined 12.17% with the market. The hedge fund run by James A. Star held 8.27M shares of the capital goods company at the end of 2017Q4, valued at $356.27 million, down from 9.27M at the end of the previous reported quarter. Longview Asset Management Llc who had been investing in Allison Transmission Hldgs Inc for a number of months, seems to be less bullish one the $5.73 billion market cap company. The stock decreased 0.62% or $0.26 during the last trading session, reaching $41.4. About 1.69M shares traded or 17.93% up from the average. Allison Transmission Holdings, Inc. (NYSE:ALSN) has risen 7.85% since April 21, 2017 and is uptrending. It has underperformed by 3.70% the S&P500.

Analysts await Allison Transmission Holdings, Inc. (NYSE:ALSN) to report earnings on April, 30 after the close. They expect $0.78 earnings per share, up 50.00 % or $0.26 from last year’s $0.52 per share. ALSN’s profit will be $107.92 million for 13.27 P/E if the $0.78 EPS becomes a reality. After $0.81 actual earnings per share reported by Allison Transmission Holdings, Inc. for the previous quarter, Wall Street now forecasts -3.70 % negative EPS growth.

Allison Transmission Holdings, Inc. (NYSE:ALSN) Ratings Coverage

Among 11 analysts covering Allison Transmission (NYSE:ALSN), 5 have Buy rating, 3 Sell and 3 Hold. Therefore 45% are positive. Allison Transmission had 19 analyst reports since October 30, 2017 according to SRatingsIntel. As per Thursday, February 15, the company rating was maintained by Robert W. Baird. The firm has “Neutral” rating given on Thursday, February 8 by Bank of America. JP Morgan downgraded the stock to “Underweight” rating in Friday, February 16 report. The company was maintained on Monday, October 30 by JP Morgan. Stifel Nicolaus upgraded the shares of ALSN in report on Friday, February 16 to “Buy” rating. Stifel Nicolaus maintained the stock with “Hold” rating in Monday, February 5 report. On Friday, February 9 the stock rating was maintained by Stifel Nicolaus with “Hold”. Buckingham Research maintained it with “Neutral” rating and $42 target in Wednesday, November 1 report. Stifel Nicolaus maintained Allison Transmission Holdings, Inc. (NYSE:ALSN) on Tuesday, October 31 with “Hold” rating. The firm earned “Buy” rating on Tuesday, February 13 by William Blair.

Allison Transmission Holdings, Inc. (NYSE:ALSN) Ratings Chart

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