3,844 Shares in Autoliv, Inc. (NYSE:ALV) Purchased by Signet Financial Management LLC

Signet Financial Management LLC acquired a new position in shares of Autoliv, Inc. (NYSE:ALV - Free Report) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 3,844 shares of the auto parts company's stock, valued at approximately $340,000.

Several other large investors also recently added to or reduced their stakes in the company. Farther Finance Advisors LLC boosted its position in shares of Autoliv by 37.6% in the first quarter. Farther Finance Advisors LLC now owns 2,644 shares of the auto parts company's stock worth $237,000 after buying an additional 723 shares during the period. UMB Bank n.a. increased its holdings in shares of Autoliv by 188.6% in the 1st quarter. UMB Bank n.a. now owns 788 shares of the auto parts company's stock valued at $70,000 after purchasing an additional 515 shares during the period. Gateway Investment Advisers LLC lifted its position in shares of Autoliv by 1.8% in the first quarter. Gateway Investment Advisers LLC now owns 29,307 shares of the auto parts company's stock worth $2,592,000 after purchasing an additional 518 shares in the last quarter. NBC Securities Inc. lifted its position in shares of Autoliv by 157,400.0% in the first quarter. NBC Securities Inc. now owns 3,150 shares of the auto parts company's stock worth $278,000 after purchasing an additional 3,148 shares in the last quarter. Finally, Rhumbline Advisers boosted its holdings in shares of Autoliv by 1.1% during the first quarter. Rhumbline Advisers now owns 133,788 shares of the auto parts company's stock worth $11,834,000 after purchasing an additional 1,399 shares during the period. 69.57% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Autoliv

In other news, Director Jan Carlson sold 1,555 shares of the company's stock in a transaction dated Wednesday, June 11th. The shares were sold at an average price of $108.32, for a total transaction of $168,437.60. Following the completion of the transaction, the director now owns 77,493 shares of the company's stock, valued at approximately $8,394,041.76. This represents a 1.97% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.20% of the company's stock.

Wall Street Analyst Weigh In

ALV has been the topic of a number of research reports. Cowen started coverage on shares of Autoliv in a research note on Thursday, March 6th. They issued a "buy" rating on the stock. BNP Paribas raised Autoliv from a "hold" rating to a "strong-buy" rating in a research report on Friday, May 9th. Robert W. Baird cut their price target on Autoliv from $105.00 to $90.00 and set a "neutral" rating for the company in a research note on Tuesday, April 15th. TD Cowen assumed coverage on Autoliv in a research note on Friday, March 7th. They issued a "buy" rating and a $116.00 price target for the company. Finally, Barclays increased their price objective on Autoliv from $97.00 to $105.00 and gave the stock an "overweight" rating in a report on Monday, April 21st. Six equities research analysts have rated the stock with a hold rating, twelve have given a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $114.00.

Autoliv Stock Performance

NYSE:ALV traded down $1.42 during midday trading on Friday, reaching $108.56. The stock had a trading volume of 630,677 shares, compared to its average volume of 813,139. The stock has a market capitalization of $8.39 billion, a P/E ratio of 13.45, a PEG ratio of 0.73 and a beta of 1.36. Autoliv, Inc. has a 1-year low of $75.49 and a 1-year high of $113.70. The company has a debt-to-equity ratio of 0.67, a current ratio of 0.96 and a quick ratio of 0.71. The firm's fifty day simple moving average is $95.42 and its 200-day simple moving average is $95.09.

Autoliv (NYSE:ALV - Get Free Report) last issued its quarterly earnings results on Wednesday, April 16th. The auto parts company reported $2.15 earnings per share (EPS) for the quarter, beating 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 return on equity of 28.62% and a net margin of 6.21%. During the same period last year, the business posted $1.58 earnings per share. On average, equities research analysts forecast that Autoliv, Inc. will post 9.51 EPS for the current fiscal year.

Autoliv announced that its Board of Directors has approved a share buyback program on Wednesday, June 4th that permits the company to repurchase $2.50 billion in shares. This repurchase authorization permits the auto parts company to buy up to 31.3% of its stock through open market purchases. Stock repurchase programs are generally a sign that the company's management believes its shares are undervalued.

Autoliv Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 23rd. Shareholders of record on Friday, September 5th will be issued a $0.85 dividend. The ex-dividend date is Friday, September 5th. This represents a $3.40 dividend on an annualized basis and a yield of 3.13%. This is a positive change from Autoliv's previous quarterly dividend of $0.70. Autoliv's dividend payout ratio (DPR) is 39.13%.

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.