Autoliv, Inc. (NYSE:ALV) Shares Sold by Schonfeld Strategic Advisors LLC

Schonfeld Strategic Advisors LLC lowered its holdings in Autoliv, Inc. (NYSE:ALV - Free Report) by 62.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 35,446 shares of the auto parts company's stock after selling 57,995 shares during the quarter. Schonfeld Strategic Advisors LLC's holdings in Autoliv were worth $3,324,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. JPMorgan Chase & Co. raised its stake in Autoliv by 38.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 276,315 shares of the auto parts company's stock valued at $25,800,000 after buying an additional 76,510 shares during the last quarter. Lancaster Investment Management increased its position in Autoliv by 17.7% during the fourth quarter. Lancaster Investment Management now owns 568,821 shares of the auto parts company's stock valued at $53,350,000 after acquiring an additional 85,732 shares during the last quarter. ABC Arbitrage SA bought a new position in Autoliv in the fourth quarter valued at about $394,000. Barclays PLC grew its stake in shares of Autoliv by 41.5% during the 3rd quarter. Barclays PLC now owns 30,216 shares of the auto parts company's stock valued at $2,821,000 after purchasing an additional 8,859 shares during the period. Finally, Callan Family Office LLC purchased a new stake in shares of Autoliv during the 4th quarter valued at about $326,000. 69.57% of the stock is owned by institutional investors.

Autoliv Trading Up 3.0 %

NYSE ALV traded up $2.83 during trading on Friday, hitting $98.06. The stock had a trading volume of 508,876 shares, compared to its average volume of 814,727. Autoliv, Inc. has a twelve month low of $75.49 and a twelve month high of $129.38. The firm has a 50 day moving average price of $89.23 and a 200 day moving average price of $94.09. The company has a market capitalization of $7.58 billion, a PE ratio of 12.15, a PEG ratio of 0.73 and a beta of 1.36. The company has a quick ratio of 0.71, a current ratio of 0.96 and a debt-to-equity ratio of 0.67.

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 analysts' consensus estimates of $1.72 by $0.43. The company had revenue of $2.58 billion for 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 period in the prior year, the firm posted $1.58 EPS. As a group, equities research analysts forecast that Autoliv, Inc. will post 9.51 earnings per share for the current year.

Autoliv Dividend Announcement

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

Insider Activity

In related news, CFO Fredrik Westin sold 1,803 shares of Autoliv stock in a transaction that occurred on Tuesday, February 25th. The stock was sold at an average price of $99.19, for a total transaction of $178,839.57. Following the completion of the transaction, the chief financial officer now directly owns 7,261 shares in the company, valued at $720,218.59. The trade was a 19.89 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Per Jonas Jademyr sold 401 shares of the stock in a transaction on Tuesday, February 25th. The shares were sold at an average price of $98.85, for a total value of $39,638.85. Following the sale, the executive vice president now directly owns 685 shares in the company, 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. Over the last three months, insiders sold 9,253 shares of company stock valued at $915,534. Insiders own 0.30% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the stock. Robert W. Baird cut their price objective on shares of Autoliv from $105.00 to $90.00 and set a "neutral" rating for the company in a research report on Tuesday, April 15th. TD Cowen initiated coverage on Autoliv in a report on Friday, March 7th. They set a "buy" rating and a $116.00 price target for the company. HSBC downgraded Autoliv from a "buy" rating to a "hold" rating and decreased their price objective for the stock from $109.00 to $100.00 in a research note on Tuesday, February 4th. Hsbc Global Res cut shares of Autoliv from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, February 4th. Finally, BNP Paribas Exane upgraded shares of Autoliv from a "neutral" rating to an "outperform" rating and set a $123.00 price target for the company in a research report on Friday. Seven equities research analysts have rated the stock with a hold rating, twelve have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $112.79.

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.