Algert Global LLC Has $3.41 Million Holdings in Autoliv, Inc. (NYSE:ALV)

Algert Global LLC lowered its stake in Autoliv, Inc. (NYSE:ALV - Free Report) by 36.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 36,317 shares of the auto parts company's stock after selling 20,881 shares during the period. Algert Global LLC's holdings in Autoliv were worth $3,406,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. UMB Bank n.a. lifted its stake in shares of Autoliv by 139.5% during the fourth 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 period. AlphaQuest LLC raised its stake in shares of Autoliv by 74.4% during the fourth quarter. AlphaQuest LLC now owns 314 shares of the auto parts company's stock worth $29,000 after buying an additional 134 shares during the last quarter. Twin Tree Management LP acquired a new position in Autoliv in the fourth quarter valued at approximately $50,000. Physician Wealth Advisors Inc. bought a new position in Autoliv in the fourth quarter valued at approximately $57,000. Finally, CIBC Asset Management Inc raised its position in shares of Autoliv by 5.2% during the 4th quarter. CIBC Asset Management Inc now owns 2,501 shares of the auto parts company's stock valued at $235,000 after acquiring an additional 124 shares during the last quarter. Institutional investors and hedge funds own 69.57% of the company's stock.

Analyst Ratings Changes

A number of equities research analysts recently commented on ALV shares. Barclays upped their price objective on Autoliv from $97.00 to $105.00 and gave the company an "overweight" rating in a report on Monday, April 21st. Hsbc Global Res lowered shares of Autoliv from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, February 4th. HSBC cut shares of 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 report on Tuesday, February 4th. TD Cowen assumed coverage on shares of Autoliv in a research report on Friday, March 7th. They set a "buy" rating and a $116.00 price target on the stock. Finally, Pareto Securities lowered shares of Autoliv to a "hold" rating in a report on Monday, February 3rd. Six investment analysts have rated the stock with a hold rating, twelve have assigned a buy rating and two have given a strong buy rating to the company's stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $112.79.

Insider Activity at Autoliv

In other news, CFO Fredrik Westin sold 1,803 shares of the firm's stock in a transaction dated Tuesday, February 25th. The shares were sold at an average price of $99.19, for a total transaction of $178,839.57. Following the completion of the sale, the chief financial officer now owns 7,261 shares in the company, valued at approximately $720,218.59. This trade represents a 19.89 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Magnus Jarlegren sold 1,289 shares of the company's stock in a transaction dated Tuesday, February 25th. The shares were sold at an average price of $98.83, for a total transaction of $127,391.87. Following the completion of the transaction, the insider now owns 6,142 shares in the company, valued at approximately $607,013.86. This trade represents a 17.35 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 9,253 shares of company stock worth $915,534. Insiders own 0.30% of the company's stock.

Autoliv Stock Up 3.0 %

Shares of NYSE ALV traded up $2.81 during mid-day trading on Friday, hitting $98.04. The company had a trading volume of 786,379 shares, compared to its average volume of 817,386. The company has a current ratio of 0.96, a quick ratio of 0.71 and a debt-to-equity ratio of 0.67. The firm has a 50-day simple moving average of $89.33 and a two-hundred day simple moving average of $94.10. The company has a market capitalization of $7.58 billion, a PE ratio of 12.15, a price-to-earnings-growth ratio of 0.73 and a beta of 1.36. Autoliv, Inc. has a one year low of $75.49 and a one year high of $129.38.

Autoliv (NYSE:ALV - Get Free Report) last posted its quarterly earnings results on Wednesday, April 16th. The auto parts company reported $2.15 earnings per share for the quarter, topping the consensus estimate of $1.72 by $0.43. The firm had revenue of $2.58 billion for the quarter, compared to analyst estimates of $2.50 billion. Autoliv had a return on equity of 28.62% and a net margin of 6.21%. During the same quarter in the previous year, the firm earned $1.58 EPS. On average, equities analysts expect that Autoliv, Inc. will post 9.51 EPS for the current year.

Autoliv Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 10th. Stockholders of record on Wednesday, May 21st will be given a $0.70 dividend. This represents a $2.80 dividend on an annualized basis and a dividend yield of 2.86%. The ex-dividend date is Wednesday, May 21st. Autoliv's dividend payout ratio (DPR) is presently 32.22%.

About Autoliv

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.