Autoliv, Inc. (NYSE:ALV) Shares Sold by Ensign Peak Advisors Inc

Ensign Peak Advisors Inc trimmed its position in shares of Autoliv, Inc. (NYSE:ALV - Free Report) by 37.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 34,032 shares of the auto parts company's stock after selling 20,612 shares during the period. Ensign Peak Advisors Inc's holdings in Autoliv were worth $3,192,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of the company. Lancaster Investment Management increased its position in shares of 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 acquiring an additional 85,732 shares during the period. ABC Arbitrage SA acquired a new stake in Autoliv during the fourth quarter worth approximately $394,000. Barclays PLC grew its position in shares of Autoliv by 41.5% in the 3rd 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 during the last quarter. Callan Family Office LLC acquired a new position in Autoliv in the fourth quarter valued at $326,000. Finally, Raymond James Financial Inc. purchased a new position in shares of Autoliv during the fourth quarter worth about $3,815,000. 69.57% of the stock is owned by institutional investors and hedge funds.

Autoliv Price Performance

ALV traded up $0.56 during midday trading on Tuesday, reaching $102.55. 48,852 shares of the company's stock were exchanged, compared to its average volume of 817,035. The company has a debt-to-equity ratio of 0.67, a current ratio of 0.96 and a quick ratio of 0.71. Autoliv, Inc. has a 1-year low of $75.49 and a 1-year high of $129.38. The stock has a market capitalization of $7.93 billion, a PE ratio of 12.71, a P/E/G ratio of 0.73 and a beta of 1.36. The business's 50-day moving average price is $90.06 and its 200 day moving average price is $94.34.

Autoliv (NYSE:ALV - Get Free Report) last issued its quarterly earnings results on Wednesday, April 16th. The auto parts company reported $2.15 EPS for the quarter, topping analysts' consensus estimates 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 the consensus estimate of $2.50 billion. During the same period in the previous year, the firm posted $1.58 earnings per share. As a group, equities analysts anticipate that Autoliv, Inc. will post 9.51 EPS for the current fiscal year.

Autoliv Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 10th. Investors of record on Wednesday, May 21st will be given a $0.70 dividend. This represents a $2.80 annualized dividend and a dividend yield of 2.73%. The ex-dividend date is Wednesday, May 21st. Autoliv's dividend payout ratio (DPR) is currently 32.22%.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on ALV. Mizuho raised their price target on Autoliv from $95.00 to $112.00 and gave the stock an "outperform" rating in a research note on Friday. Robert W. Baird reduced their price objective on Autoliv from $105.00 to $90.00 and set a "neutral" rating for the company in a research note on Tuesday, April 15th. BNP Paribas Exane upgraded Autoliv from a "neutral" rating to an "outperform" rating and set a $123.00 price target for the company in a research note on Friday, May 9th. Hsbc Global Res downgraded shares of Autoliv from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, February 4th. Finally, Barclays boosted their price target on shares of Autoliv from $97.00 to $105.00 and gave the stock an "overweight" rating in a research note on Monday, April 21st. Six investment 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 stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $115.29.

Insider Buying and Selling

In related news, EVP Per Jonas Jademyr sold 401 shares of the firm's stock in a transaction on 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 directly owns 685 shares of the company's stock, valued at approximately $67,712.25. This trade represents a 36.92% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Magnus Jarlegren sold 1,289 shares of Autoliv stock in a transaction on Tuesday, February 25th. The stock was sold at an average price of $98.83, for a total transaction of $127,391.87. Following the sale, the insider now directly owns 6,142 shares in the company, valued at $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 have sold 9,253 shares of company stock valued at $915,534. 0.20% of the stock is currently owned by company 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.