8,298 Shares in Autoliv, Inc. (NYSE:ALV) Acquired by Capital Advantage Inc.

Capital Advantage Inc. acquired a new stake in shares of Autoliv, Inc. (NYSE:ALV - Free Report) in the fourth quarter, according to its most recent disclosure with the SEC. The firm acquired 8,298 shares of the auto parts company's stock, valued at approximately $778,000.

Other hedge funds have also recently modified their holdings of the company. UMB Bank n.a. increased its holdings in Autoliv by 139.5% in the 4th quarter. UMB Bank n.a. now owns 273 shares of the auto parts company's stock valued at $26,000 after acquiring an additional 159 shares during the last quarter. AlphaQuest LLC increased its holdings in shares of Autoliv by 74.4% in the fourth quarter. AlphaQuest LLC now owns 314 shares of the auto parts company's stock worth $29,000 after purchasing an additional 134 shares during the last quarter. Twin Tree Management LP bought a new stake in shares of Autoliv in the fourth quarter worth about $50,000. Physician Wealth Advisors Inc. bought a new position in Autoliv during the fourth quarter valued at approximately $57,000. Finally, Captrust Financial Advisors grew its holdings in Autoliv by 6.8% during the 4th quarter. Captrust Financial Advisors now owns 2,433 shares of the auto parts company's stock valued at $228,000 after buying an additional 155 shares in the last quarter. Hedge funds and other institutional investors own 69.57% of the company's stock.

Autoliv Stock Up 0.2 %

Autoliv stock opened at $94.47 on Tuesday. Autoliv, Inc. has a fifty-two week low of $75.49 and a fifty-two week high of $129.38. The company has a market cap of $7.30 billion, a PE ratio of 11.71, a PEG ratio of 0.73 and a beta of 1.35. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.71 and a current ratio of 0.96. The business's 50-day simple moving average is $89.37 and its two-hundred day simple moving average is $94.11.

Autoliv (NYSE:ALV - Get Free Report) last announced its quarterly earnings data on Wednesday, April 16th. The auto parts company reported $2.15 EPS for the quarter, beating the consensus estimate of $1.72 by $0.43. Autoliv had a net margin of 6.21% and a return on equity of 28.62%. The business had revenue of $2.58 billion during the quarter, compared to analysts' expectations of $2.50 billion. During the same period in the previous year, the business posted $1.58 EPS. Equities analysts anticipate that Autoliv, Inc. will post 9.51 EPS for the current year.

Autoliv Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 24th. Shareholders of record on Friday, March 7th were paid a dividend of $0.70 per share. The ex-dividend date of this dividend was Friday, March 7th. This represents a $2.80 dividend on an annualized basis and a dividend yield of 2.96%. Autoliv's payout ratio is currently 32.22%.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on ALV. Barclays raised their target price on shares of Autoliv from $97.00 to $105.00 and gave the company an "overweight" rating in a report on Monday, April 21st. TD Cowen started coverage on shares of Autoliv in a report on Friday, March 7th. They issued a "buy" rating and a $116.00 target price on the stock. Cowen initiated coverage on shares of Autoliv in a report on Thursday, March 6th. They issued a "buy" rating for the company. Daiwa America raised Autoliv from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, January 7th. Finally, HSBC downgraded Autoliv from a "buy" rating to a "hold" rating and decreased their price objective for the company from $109.00 to $100.00 in a research report on Tuesday, February 4th. Seven investment analysts have rated the stock with a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $112.00.

Insider Activity

In other news, CFO Fredrik Westin sold 1,803 shares of the firm's stock in a transaction that occurred on Tuesday, February 25th. The stock was sold at an average price of $99.19, for a total value of $178,839.57. Following the transaction, the chief financial officer now owns 7,261 shares in the company, valued at $720,218.59. This trade represents a 19.89 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Per Jonas Jademyr sold 401 shares of the stock in a transaction dated Tuesday, February 25th. The shares were sold at an average price of $98.85, for a total transaction of $39,638.85. Following the completion of the sale, the executive vice president now owns 685 shares of the company's stock, valued at approximately $67,712.25. The trade was a 36.92 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 9,253 shares of company stock valued at $915,534 in the last three months. 0.20% of the stock is currently owned by corporate insiders.

Autoliv Profile

Autoliv, Inc, through its subsidiaries, develops, manufactures, and supplies passive safety systems to the automotive industry in Europe, the Americas, China, Japan, and rest of Asia. It offers passive safety systems, including modules and components for frontal-impact airbag protection systems, side-impact airbag protection systems, seatbelts, steering wheels, and inflator technologies.

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