SG Americas Securities LLC Buys 14,733 Shares of Autoliv, Inc. $ALV

Key Points

• SG Americas Securities increased its stake in Autoliv by 576.9%, buying 14,733 shares to hold 17,287 shares worth about $2.05 million at quarter-end.
• Autoliv reported a quarterly beat with $3.19 EPS vs. $2.85 expected and $2.82 billion in revenue (up 7.7% YoY), while analysts maintain a consensus "Moderate Buy" with a $134.50 price target and FY EPS around 9.51.
• The company pays a quarterly dividend of $0.87 (annualized $3.48) for a ~3.3% yield; institutional investors own roughly 69.6% of the stock while insiders have sold about 22,243 shares (~$2.71M) in the past 90 days.

SG Americas Securities LLC lifted its stake in Autoliv, Inc. (NYSE:ALV - Free Report) by 576.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 17,287 shares of the auto parts company's stock after purchasing an additional 14,733 shares during the period. SG Americas Securities LLC's holdings in Autoliv were worth $2,052,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. LSV Asset Management boosted its holdings in Autoliv by 54.9% in the third quarter. LSV Asset Management now owns 1,579,687 shares of the auto parts company's stock valued at $195,091,000 after acquiring an additional 559,605 shares during the last quarter. AQR Capital Management LLC lifted its stake in Autoliv by 151.7% in the 3rd quarter. AQR Capital Management LLC now owns 923,700 shares of the auto parts company's stock valued at $114,077,000 after acquiring an additional 556,651 shares in the last quarter. Invesco Ltd. increased its stake in Autoliv by 334.1% in the 2nd quarter. Invesco Ltd. now owns 644,818 shares of the auto parts company's stock valued at $72,155,000 after buying an additional 496,261 shares during the last quarter. Hennessy Advisors Inc. bought a new stake in Autoliv during the third quarter worth about $41,163,000. Finally, Balyasny Asset Management L.P. bought a new stake in shares of Autoliv during the 2nd quarter worth approximately $34,816,000. Institutional investors and hedge funds own 69.57% of the company's stock.

Autoliv Stock Down 0.1%

ALV opened at $105.23 on Friday. The stock has a fifty day moving average of $115.08 and a 200-day moving average of $118.97. The company has a market capitalization of $7.88 billion, a P/E ratio of 11.01, a P/E/G ratio of 0.88 and a beta of 1.35. Autoliv, Inc. has a fifty-two week low of $75.49 and a fifty-two week high of $130.14. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.79 and a current ratio of 1.05.

Autoliv (NYSE:ALV - Get Free Report) last posted its quarterly earnings data on Friday, January 30th. The auto parts company reported $3.19 EPS for the quarter, topping analysts' consensus estimates of $2.85 by $0.34. Autoliv had a return on equity of 30.42% and a net margin of 6.80%.The firm had revenue of $2.82 billion for the quarter, compared to analyst estimates of $2.77 billion. During the same quarter last year, the company earned $3.05 EPS. The company's revenue was up 7.7% on a year-over-year basis. On average, equities analysts expect that Autoliv, Inc. will post 9.51 EPS for the current year.

Autoliv Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, March 19th. Stockholders of record on Wednesday, March 4th were paid a $0.87 dividend. This represents a $3.48 dividend on an annualized basis and a dividend yield of 3.3%. The ex-dividend date was Wednesday, March 4th. Autoliv's dividend payout ratio (DPR) is presently 36.40%.

Insider Activity at Autoliv

In other news, insider Magnus Jarlegren sold 1,598 shares of the business's stock in a transaction dated Wednesday, February 25th. The stock was sold at an average price of $121.61, for a total transaction of $194,332.78. Following the sale, the insider directly owned 7,739 shares in the company, valued at approximately $941,139.79. The trade was a 17.11% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, EVP Christian Swahn sold 1,478 shares of the company's stock in a transaction that occurred on Tuesday, February 24th. The shares were sold at an average price of $122.03, for a total transaction of $180,360.34. Following the completion of the transaction, the executive vice president owned 5,314 shares of the company's stock, valued at approximately $648,467.42. This trade represents a 21.76% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 22,243 shares of company stock worth $2,713,735 in the last ninety days. Insiders own 0.20% of the company's stock.

Analysts Set New Price Targets

Several equities analysts recently weighed in on ALV shares. Wolfe Research set a $143.00 target price on shares of Autoliv in a research note on Monday, January 12th. Royal Bank Of Canada dropped their price target on shares of Autoliv from $146.00 to $141.00 and set an "outperform" rating on the stock in a research report on Monday, February 2nd. Robert W. Baird set a $132.00 price target on shares of Autoliv in a research note on Monday, February 2nd. Wall Street Zen downgraded shares of Autoliv from a "strong-buy" rating to a "buy" rating in a research report on Saturday, January 31st. Finally, Barclays dropped their target price on shares of Autoliv from $140.00 to $135.00 and set an "overweight" rating on the stock in a report on Monday, March 30th. Ten investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $134.50.

Autoliv Profile

Autoliv Inc NYSE: ALV is a leading global supplier of automotive safety systems, specializing in the design, development and manufacture of passive and active safety products. Its core product portfolio includes airbags, seatbelts, steering wheels, restraint control modules and pedestrian protection systems. In recent years, the company has also expanded into active safety technologies, offering radar, camera and sensor solutions that support advanced driver assistance systems (ADAS) and autonomous driving applications.

Founded in 1997 following the spin-off of Electrolux's automotive safety business, Autoliv has evolved into a multinational organization with a presence in over 27 countries.

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