Neo Ivy Capital Management Decreases Stock Holdings in Autoliv, Inc. (NYSE:ALV)

Neo Ivy Capital Management lowered its holdings in shares of Autoliv, Inc. (NYSE:ALV - Free Report) by 96.3% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 732 shares of the auto parts company's stock after selling 19,110 shares during the period. Neo Ivy Capital Management's holdings in Autoliv were worth $68,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently modified their holdings of ALV. UMB Bank n.a. boosted 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 valued at $26,000 after purchasing an additional 159 shares in the last quarter. AlphaQuest LLC increased its holdings in Autoliv by 74.4% during the fourth quarter. AlphaQuest LLC now owns 314 shares of the auto parts company's stock valued at $29,000 after buying an additional 134 shares during the last quarter. Twin Tree Management LP bought a new stake in Autoliv during the fourth quarter valued at about $50,000. Physician Wealth Advisors Inc. bought a new stake in 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 valued at $155,000. Institutional investors own 69.57% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on the stock. Pareto Securities lowered shares of Autoliv to a "hold" rating in a research report on Monday, February 3rd. Wells Fargo & Company increased their price objective on shares of Autoliv from $82.00 to $100.00 and gave the company an "equal weight" rating in a report on Monday, May 19th. Robert W. Baird cut their price objective on Autoliv from $105.00 to $90.00 and set a "neutral" rating for the company in a research report on Tuesday, April 15th. BNP Paribas Exane raised Autoliv from a "neutral" rating to an "outperform" rating and set a $123.00 target price on the stock in a report on Friday, May 9th. Finally, Hsbc Global Res lowered Autoliv from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, February 4th. Six research analysts have rated the stock with a hold rating, twelve have issued a buy rating and two have given a strong buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $114.00.

Autoliv Trading Down 1.5%

NYSE ALV traded down $1.57 during trading on Friday, hitting $103.09. The stock had a trading volume of 256,812 shares, compared to its average volume of 818,157. 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 has a 50 day simple moving average of $92.01 and a 200 day simple moving average of $94.63. Autoliv, Inc. has a one year low of $75.49 and a one year high of $128.66. The stock has a market capitalization of $7.97 billion, a price-to-earnings ratio of 12.78, a P/E/G ratio of 0.73 and a beta of 1.36.

Autoliv (NYSE:ALV - Get Free Report) last posted its quarterly earnings results on Wednesday, April 16th. The auto parts company reported $2.15 EPS for the quarter, topping the consensus estimate 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 quarter last year, the firm posted $1.58 EPS. Sell-side analysts predict that Autoliv, Inc. will post 9.51 earnings per share for the current year.

Autoliv Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, June 10th. Shareholders of record on Wednesday, May 21st will be given a dividend of $0.70 per share. The ex-dividend date of this dividend is Wednesday, May 21st. This represents a $2.80 annualized dividend and a yield of 2.72%. Autoliv's dividend payout ratio (DPR) is presently 32.22%.

Autoliv Company 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.