Autoliv, Inc. (NYSE:ALV) Shares Sold by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. decreased its holdings in shares of Autoliv, Inc. (NYSE:ALV - Free Report) by 9.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 31,338 shares of the auto parts company's stock after selling 3,371 shares during the quarter. Envestnet Asset Management Inc.'s holdings in Autoliv were worth $2,939,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. UMB Bank n.a. raised its holdings in shares of Autoliv by 139.5% in the 4th quarter. UMB Bank n.a. now owns 273 shares of the auto parts company's stock valued at $26,000 after purchasing an additional 159 shares in the last quarter. AlphaQuest LLC increased its holdings in shares of Autoliv by 74.4% in the 4th quarter. AlphaQuest LLC now owns 314 shares of the auto parts company's stock valued at $29,000 after acquiring an additional 134 shares during the last quarter. Twin Tree Management LP purchased a new stake in Autoliv during the fourth quarter worth approximately $50,000. Physician Wealth Advisors Inc. acquired a new position in Autoliv in the fourth quarter valued at approximately $57,000. Finally, CIBC Asset Management Inc raised its holdings in Autoliv by 5.2% during the fourth quarter. CIBC Asset Management Inc now owns 2,501 shares of the auto parts company's stock worth $235,000 after purchasing an additional 124 shares in the last quarter. 69.57% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Autoliv

In other Autoliv news, 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 value of $39,638.85. Following the completion of the transaction, the executive vice president now owns 685 shares in the company, valued at $67,712.25. This represents a 36.92 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Magnus Jarlegren sold 1,289 shares of Autoliv stock in a transaction that occurred on Tuesday, February 25th. The shares were sold at an average price of $98.83, for a total transaction of $127,391.87. Following the sale, the insider now owns 6,142 shares in the company, valued at $607,013.86. This represents a 17.35 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 9,253 shares of company stock worth $915,534. 0.20% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

ALV has been the topic of a number of recent analyst reports. Wells Fargo & Company dropped their target price on shares of Autoliv from $84.00 to $82.00 and set an "equal weight" rating on the stock in a research report on Thursday, April 17th. Robert W. Baird decreased their price objective on Autoliv from $105.00 to $90.00 and set a "neutral" rating for the company in a report on Tuesday, April 15th. Pareto Securities downgraded shares of Autoliv to a "hold" rating in a research report on Monday, February 3rd. 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 objective on the stock. Finally, Barclays upped their target price on shares of Autoliv from $97.00 to $105.00 and gave the company an "overweight" rating in a report on Monday, April 21st. Seven equities research analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $112.00.

Autoliv Price Performance

NYSE ALV traded up $0.52 during mid-day trading on Thursday, hitting $93.75. The stock had a trading volume of 57,138 shares, compared to its average volume of 813,383. The company has a 50 day simple moving average of $89.64 and a 200 day simple moving average of $94.14. 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 has a market cap of $7.25 billion, a price-to-earnings ratio of 11.63, a P/E/G ratio of 0.73 and a beta of 1.47. Autoliv, Inc. has a 52-week low of $75.49 and a 52-week high of $129.38.

Autoliv (NYSE:ALV - Get Free Report) last announced its earnings results 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. Autoliv had a return on equity of 28.62% and a net margin of 6.21%. The firm had revenue of $2.58 billion for the quarter, compared to analysts' expectations of $2.50 billion. During the same quarter in the prior year, the firm earned $1.58 EPS. Equities analysts forecast 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 was paid on Monday, March 24th. Investors of record on Friday, March 7th were given a $0.70 dividend. This represents a $2.80 annualized dividend and a dividend yield of 2.99%. The ex-dividend date was Friday, March 7th. Autoliv's dividend payout ratio (DPR) is currently 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.