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Allspring Global Investments Holdings LLC Decreases Stock Holdings in Allison Transmission Holdings, Inc. $ALSN
Allspring Global Investments Holdings LLC significantly reduced its stake in Allison Transmission Holdings, Inc. by 43.5% in the fourth quarter, selling 56,592 shares. Despite this, other hedge funds increased their holdings, and the company raised its quarterly dividend. Analyst ratings for Allison Transmission are mixed, with an average “Hold” consensus and a target price of $112.