Autoliv, Inc. (NYSE:ALV) Shares Sold by Algert Global LLC

Algert Global LLC decreased its holdings in shares of Autoliv, Inc. (NYSE:ALV - Free Report) by 36.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm 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 reporting period.

A number of other institutional investors have also recently modified their holdings of ALV. JPMorgan Chase & Co. boosted its holdings in Autoliv by 38.3% during the third quarter. JPMorgan Chase & Co. now owns 276,315 shares of the auto parts company's stock worth $25,800,000 after buying an additional 76,510 shares in the last quarter. Lancaster Investment Management raised its holdings in Autoliv by 17.7% during the fourth quarter. Lancaster Investment Management now owns 568,821 shares of the auto parts company's stock worth $53,350,000 after purchasing an additional 85,732 shares during the last quarter. ABC Arbitrage SA purchased a new stake in Autoliv during the fourth quarter worth $394,000. Barclays PLC increased its position in shares of Autoliv by 41.5% in the third quarter. Barclays PLC now owns 30,216 shares of the auto parts company's stock valued at $2,821,000 after buying an additional 8,859 shares in the last quarter. Finally, Callan Family Office LLC acquired a new position in shares of Autoliv during the 4th quarter worth $326,000. 69.57% of the stock is currently owned by hedge funds and other institutional investors.

Autoliv Stock Up 3.1%

ALV traded up $3.08 on Monday, reaching $101.04. The company's stock had a trading volume of 174,997 shares, compared to its average volume of 874,702. Autoliv, Inc. has a 1 year low of $75.49 and a 1 year high of $129.38. The business's 50 day moving average is $89.33 and its 200 day moving average is $94.07. The company has a debt-to-equity ratio of 0.67, a current ratio of 0.96 and a quick ratio of 0.71. The stock has a market cap of $7.81 billion, a price-to-earnings ratio of 12.53, a price-to-earnings-growth ratio of 0.73 and a beta of 1.36.

Autoliv (NYSE:ALV - Get Free Report) last released its quarterly earnings results on Wednesday, April 16th. The auto parts company reported $2.15 earnings per share for the quarter, topping analysts' consensus estimates of $1.72 by $0.43. The business had revenue of $2.58 billion during the quarter, compared to the consensus estimate of $2.50 billion. Autoliv had a net margin of 6.21% and a return on equity of 28.62%. During the same quarter last year, the company earned $1.58 earnings per share. As a group, research analysts forecast that Autoliv, Inc. will post 9.51 EPS for the current fiscal year.

Autoliv Announces Dividend

The company also recently announced 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. The ex-dividend date of this dividend is Wednesday, May 21st. This represents a $2.80 annualized dividend and a dividend yield of 2.77%. Autoliv's payout ratio is 32.22%.

Analysts Set New Price Targets

ALV has been the topic of several research reports. StockNews.com upgraded shares of Autoliv from a "hold" rating to a "buy" rating in a research report on Thursday, April 17th. HSBC downgraded Autoliv from a "buy" rating to a "hold" rating and reduced their price objective for the company from $109.00 to $100.00 in a research report on Tuesday, February 4th. Cowen began coverage on Autoliv in a research report on Thursday, March 6th. They set a "buy" rating for the company. Hsbc Global Res lowered shares of Autoliv from a "strong-buy" rating to a "hold" rating in a report on Tuesday, February 4th. Finally, Mizuho lowered their price target on shares of Autoliv from $112.00 to $95.00 and set an "outperform" rating for the company in a report on Thursday, April 10th. Six analysts have rated the stock with a hold rating, twelve have assigned a buy rating and two have issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $112.79.

Insider Activity

In other Autoliv news, CFO Fredrik Westin sold 1,803 shares of the business's stock in a transaction on 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 $720,218.59. The trade was a 19.89% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Mikael Bratt sold 5,760 shares of the firm's stock in a transaction dated Tuesday, February 25th. The stock was sold at an average price of $98.90, for a total transaction of $569,664.00. Following the completion of the transaction, the chief executive officer now owns 23,307 shares in the company, valued at approximately $2,305,062.30. The trade was a 19.82% decrease in their ownership of the stock. 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. 0.20% of the stock is currently owned by insiders.

Autoliv Company 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.