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

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

A number of other hedge funds also recently made changes to their positions in the company. FMR LLC grew its holdings in Autoliv by 9.9% during the 4th quarter. FMR LLC now owns 7,146,500 shares of the auto parts company's stock valued at $670,270,000 after purchasing an additional 641,895 shares in the last quarter. FIL Ltd grew its stake in shares of Autoliv by 17.3% during the fourth quarter. FIL Ltd now owns 2,382,265 shares of the auto parts company's stock valued at $223,433,000 after acquiring an additional 351,876 shares in the last quarter. Dimensional Fund Advisors LP lifted its stake in shares of Autoliv by 9.0% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,623,600 shares of the auto parts company's stock worth $152,275,000 after acquiring an additional 134,347 shares in the last quarter. Mondrian Investment Partners LTD lifted its stake in shares of Autoliv by 4.5% in the fourth quarter. Mondrian Investment Partners LTD now owns 1,378,636 shares of the auto parts company's stock worth $133,259,000 after acquiring an additional 59,592 shares in the last quarter. Finally, Wellington Management Group LLP grew its stake in Autoliv by 12.5% during the 4th quarter. Wellington Management Group LLP now owns 1,023,937 shares of the auto parts company's stock valued at $96,035,000 after purchasing an additional 113,500 shares in the last quarter. Hedge funds and other institutional investors own 69.57% of the company's stock.

Autoliv Trading Up 1.0 %

Shares of NYSE:ALV opened at $94.22 on Friday. The company has a quick ratio of 0.71, a current ratio of 0.96 and a debt-to-equity ratio of 0.67. The company's 50-day moving average price is $89.44 and its 200 day moving average price is $94.14. The company has a market cap of $7.28 billion, a PE ratio of 11.68, a P/E/G ratio of 0.73 and a beta of 1.35. Autoliv, Inc. has a fifty-two week low of $75.49 and a fifty-two week high of $129.38.

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, beating analysts' consensus estimates of $1.72 by $0.43. Autoliv had a return on equity of 28.62% and a net margin of 6.21%. The company had revenue of $2.58 billion for the quarter, compared to analysts' expectations of $2.50 billion. During the same quarter in the previous year, the company posted $1.58 earnings per share. Sell-side analysts anticipate that Autoliv, Inc. will post 9.51 earnings per share for the current year.

Autoliv Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, March 24th. Stockholders of record on Friday, March 7th were paid a $0.70 dividend. The ex-dividend date of this dividend was Friday, March 7th. This represents a $2.80 annualized dividend and a dividend yield of 2.97%. Autoliv's payout ratio is 32.22%.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on ALV. TD Cowen initiated coverage on shares of Autoliv in a research report on Friday, March 7th. They set a "buy" rating and a $116.00 price target for the company. Hsbc Global Res downgraded shares of Autoliv from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, February 4th. Daiwa America raised shares of Autoliv from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, January 7th. Wells Fargo & Company lowered their price objective on Autoliv from $84.00 to $82.00 and set an "equal weight" rating for the company in a report on Thursday, April 17th. Finally, Daiwa Capital Markets raised Autoliv from a "neutral" rating to an "outperform" rating and set a $109.00 target price on the stock in a report on Tuesday, January 7th. Seven analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, Autoliv presently has a consensus rating of "Moderate Buy" and an average target price of $112.00.

Insider Activity

In other Autoliv news, CEO Mikael Bratt sold 5,760 shares of the firm's stock in a transaction dated Tuesday, February 25th. The shares were sold at an average price of $98.90, for a total transaction of $569,664.00. Following the transaction, the chief executive officer now owns 23,307 shares of the company's stock, valued at approximately $2,305,062.30. This trade represents a 19.82 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Per Jonas Jademyr sold 401 shares of the company's stock in a transaction that occurred on Tuesday, February 25th. The stock was 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 directly owns 685 shares of the company's stock, valued at approximately $67,712.25. This represents a 36.92 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 9,253 shares of company stock valued at $915,534. Company insiders own 0.20% of the company's stock.

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.

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