PointState Capital LP Sells 53,226 Shares of Autoliv, Inc. (NYSE:ALV)

PointState Capital LP reduced its stake in Autoliv, Inc. (NYSE:ALV - Free Report) by 6.2% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 799,061 shares of the auto parts company's stock after selling 53,226 shares during the quarter. Autoliv makes up approximately 1.4% of PointState Capital LP's investment portfolio, making the stock its 25th biggest position. PointState Capital LP owned approximately 1.03% of Autoliv worth $74,944,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of ALV. UMB Bank n.a. increased its stake in Autoliv by 139.5% in 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 lifted its holdings in shares of Autoliv by 74.4% in the 4th quarter. AlphaQuest LLC now owns 314 shares of the auto parts company's stock valued at $29,000 after acquiring an additional 134 shares during the last quarter. Twin Tree Management LP bought a new position in shares of Autoliv in the 4th quarter valued at about $50,000. Physician Wealth Advisors Inc. bought a new position in shares of Autoliv in the 4th quarter valued at about $57,000. Finally, Captrust Financial Advisors lifted its holdings in shares of Autoliv by 6.8% in the 4th quarter. Captrust Financial Advisors now owns 2,433 shares of the auto parts company's stock valued at $228,000 after acquiring an additional 155 shares during the last quarter. 69.57% of the stock is owned by institutional investors.

Insider Transactions at Autoliv

In other news, CFO Fredrik Westin sold 1,803 shares of the stock in a transaction dated Tuesday, February 25th. The shares were sold at an average price of $99.19, for a total transaction of $178,839.57. Following the sale, the chief financial officer now directly owns 7,261 shares of the company's stock, valued at $720,218.59. This represents a 19.89% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Per Jonas Jademyr sold 401 shares of the stock in a transaction dated Tuesday, February 25th. The stock was sold at an average price of $98.85, for a total transaction of $39,638.85. Following the sale, the executive vice president now directly owns 685 shares in the company, valued at approximately $67,712.25. The trade was a 36.92% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 9,253 shares of company stock valued at $915,534 in the last ninety days. 0.20% of the stock is currently owned by corporate insiders.

Autoliv Price Performance

Shares of ALV opened at $101.42 on Thursday. The firm has a market capitalization of $7.84 billion, a PE ratio of 12.57, 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 current ratio of 0.96 and a quick ratio of 0.71. Autoliv, Inc. has a 1-year low of $75.49 and a 1-year high of $129.38. The company's fifty day moving average price is $89.56 and its 200-day moving average price is $94.22.

Autoliv (NYSE:ALV - Get Free Report) last announced its quarterly earnings data 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. The firm had revenue of $2.58 billion for the quarter, compared to analyst estimates of $2.50 billion. Autoliv had a net margin of 6.21% and a return on equity of 28.62%. During the same period in the previous year, the company earned $1.58 earnings per share. On average, equities research analysts predict that Autoliv, Inc. will post 9.51 EPS for the current year.

Autoliv Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 10th. Stockholders of record on Wednesday, May 21st will be paid a dividend of $0.70 per share. This represents a $2.80 annualized dividend and a dividend yield of 2.76%. The ex-dividend date is Wednesday, May 21st. Autoliv's payout ratio is currently 32.22%.

Analyst Upgrades and Downgrades

ALV has been the subject of several research analyst reports. Pareto Securities downgraded shares of Autoliv to a "hold" rating in a research note on Monday, February 3rd. Wells Fargo & Company decreased their price target on shares of Autoliv from $84.00 to $82.00 and set an "equal weight" rating for the company in a research note on Thursday, April 17th. BNP Paribas Exane raised shares of Autoliv from a "neutral" rating to an "outperform" rating and set a $123.00 price target for the company in a research note on Friday, May 9th. BNP Paribas raised shares of Autoliv from a "hold" rating to a "strong-buy" rating in a research note on Friday, May 9th. Finally, HSBC downgraded shares of Autoliv from a "buy" rating to a "hold" rating and decreased their price target for the company from $109.00 to $100.00 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 issued a strong buy rating to the company. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $112.79.

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.

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