Autoliv, Inc. (NYSE:ALV) Shares Sold by Neo Ivy Capital Management

Neo Ivy Capital Management trimmed its stake in shares of Autoliv, Inc. (NYSE:ALV - Free Report) by 96.3% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 732 shares of the auto parts company's stock after selling 19,110 shares during the quarter. Neo Ivy Capital Management's holdings in Autoliv were worth $68,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in the stock. UMB Bank n.a. raised its stake in shares of Autoliv by 139.5% during the 4th quarter. UMB Bank n.a. now owns 273 shares of the auto parts company's stock worth $26,000 after buying an additional 159 shares in the last quarter. AlphaQuest LLC raised its stake in shares of Autoliv by 74.4% during the 4th quarter. AlphaQuest LLC now owns 314 shares of the auto parts company's stock worth $29,000 after buying an additional 134 shares in the last quarter. Twin Tree Management LP purchased a new position in shares of Autoliv during the 4th quarter worth approximately $50,000. Physician Wealth Advisors Inc. purchased a new position in shares of Autoliv during the 4th quarter worth approximately $57,000. Finally, Raiffeisen Bank International AG purchased a new position in shares of Autoliv during the 4th quarter worth approximately $155,000. 69.57% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities analysts recently weighed in on ALV shares. Cowen started coverage on Autoliv in a research note on Thursday, March 6th. They issued a "buy" rating for the company. Pareto Securities downgraded Autoliv to a "hold" rating in a research note on Monday, February 3rd. Barclays raised their price objective on Autoliv from $97.00 to $105.00 and gave the company an "overweight" rating in a research note on Monday, April 21st. BNP Paribas raised Autoliv from a "hold" rating to a "strong-buy" rating in a research note on Friday, May 9th. Finally, Wall Street Zen raised Autoliv from a "hold" rating to a "buy" rating in a research report on Thursday, April 17th. Six research analysts have rated the stock with a hold rating, twelve have assigned a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, Autoliv currently has an average rating of "Moderate Buy" and a consensus target price of $114.00.

Autoliv Trading Down 0.0%

Autoliv stock traded down $0.03 during midday trading on Thursday, reaching $104.62. The stock had a trading volume of 421,562 shares, compared to its average volume of 819,683. Autoliv, Inc. has a twelve month low of $75.49 and a twelve month high of $128.66. The stock has a market capitalization of $8.09 billion, a PE ratio of 12.96, a price-to-earnings-growth ratio of 0.73 and a beta of 1.36. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.71 and a current ratio of 0.96. The stock's 50-day simple moving average is $91.77 and its 200 day simple moving average is $94.61.

Autoliv (NYSE:ALV - Get Free Report) last issued its 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 firm had revenue of $2.58 billion for the quarter, compared to analysts' expectations of $2.50 billion. During the same quarter last year, the firm earned $1.58 earnings per share. Analysts expect that Autoliv, Inc. will post 9.51 EPS for the current year.

Autoliv Announces Dividend

The business 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. This represents a $2.80 annualized dividend and a dividend yield of 2.68%. The ex-dividend date of this dividend is Wednesday, May 21st. Autoliv's payout ratio is 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.