UBS Group AG Increases Position in Autoliv, Inc. $ALV

Key Points

• UBS Group AG raised its Autoliv stake 42.8% in Q4 to 460,712 shares (approximately $54.7M), representing about 0.61% ownership.
• Autoliv beat the latest quarter's expectations with EPS of $2.05 (vs. $1.84 est.) and revenue of $2.75B (vs. $2.61B), with revenue up 6.8% year-over-year and a consensus analyst rating of Moderate Buy (target $134.25).
• Insiders have been selling recently—EVPs sold shares on Feb. 24—and insiders disposed of 22,243 shares worth $2.71M in the past 90 days, while institutional investors own 69.57% of the stock.

UBS Group AG boosted its holdings in shares of Autoliv, Inc. (NYSE:ALV - Free Report) by 42.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 460,712 shares of the auto parts company's stock after acquiring an additional 138,116 shares during the period. UBS Group AG owned 0.61% of Autoliv worth $54,687,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. IFP Advisors Inc grew its stake in Autoliv by 110.3% during the 3rd quarter. IFP Advisors Inc now owns 204 shares of the auto parts company's stock valued at $25,000 after acquiring an additional 107 shares in the last quarter. Root Financial Partners LLC purchased a new stake in Autoliv during the 3rd quarter valued at about $32,000. Quarry LP purchased a new stake in Autoliv during the 3rd quarter valued at about $36,000. Johnson Financial Group Inc. purchased a new stake in Autoliv during the 3rd quarter valued at about $37,000. Finally, Global Retirement Partners LLC grew its stake in Autoliv by 18,550.0% during the 3rd quarter. Global Retirement Partners LLC now owns 373 shares of the auto parts company's stock valued at $46,000 after acquiring an additional 371 shares in the last quarter. Hedge funds and other institutional investors own 69.57% of the company's stock.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on ALV shares. TD Cowen dropped their price target on shares of Autoliv from $150.00 to $147.00 and set a "buy" rating for the company in a research note on Wednesday, April 15th. Wolfe Research set a $143.00 price objective on Autoliv in a research report on Monday, January 12th. Weiss Ratings raised Autoliv from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Tuesday, April 21st. Barclays decreased their price objective on shares of Autoliv from $140.00 to $135.00 and set an "overweight" rating for the company in a research report on Monday, March 30th. Finally, Wall Street Zen cut shares of Autoliv from a "buy" rating to a "hold" rating in a research report on Saturday, April 25th. Ten equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $134.25.

Insider Activity at Autoliv

In other Autoliv news, EVP Per Jonas Jademyr sold 1,278 shares of the company's stock in a transaction dated Tuesday, February 24th. The shares were sold at an average price of $122.03, for a total transaction of $155,954.34. Following the transaction, the executive vice president directly owned 1,963 shares in the company, valued at approximately $239,544.89. This represents a 39.43% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP Christian Swahn sold 1,478 shares of the 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 sale, the executive vice president owned 5,314 shares in the company, valued at $648,467.42. This represents a 21.76% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 22,243 shares of company stock valued at $2,713,735 in the last ninety days. Company insiders own 0.34% of the company's stock.

Autoliv Trading Up 2.5%

NYSE ALV opened at $117.50 on Wednesday. The firm has a market cap of $8.80 billion, a PE ratio of 12.63, a P/E/G ratio of 0.77 and a beta of 1.31. Autoliv, Inc. has a one year low of $93.20 and a one year high of $130.14. The firm's fifty day moving average is $110.49 and its two-hundred day moving average is $117.52. The company has a debt-to-equity ratio of 0.64, a quick ratio of 0.82 and a current ratio of 1.08.

Autoliv (NYSE:ALV - Get Free Report) last posted its quarterly earnings results on Saturday, April 18th. The auto parts company reported $2.05 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.84 by $0.21. The firm had revenue of $2.75 billion during the quarter, compared to analysts' expectations of $2.61 billion. Autoliv had a net margin of 6.45% and a return on equity of 29.03%. The firm's revenue for the quarter was up 6.8% on a year-over-year basis. During the same period in the prior year, the company posted $2.15 earnings per share. Analysts expect that Autoliv, Inc. will post 10.53 earnings per share for the current year.

Autoliv Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, March 19th. Shareholders of record on Wednesday, March 4th were given a dividend of $0.87 per share. This represents a $3.48 annualized dividend and a yield of 3.0%. The ex-dividend date was Wednesday, March 4th. Autoliv's dividend payout ratio is presently 37.42%.

Autoliv Company 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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