Autoliv, Inc. (NYSE:ALV) Shares Sold by SG Americas Securities LLC

SG Americas Securities LLC reduced its stake in shares of Autoliv, Inc. (NYSE:ALVGet Rating) by 17.1% during the 3rd quarter, according to its most recent filing with the SEC. The firm owned 8,152 shares of the auto parts company’s stock after selling 1,684 shares during the period. SG Americas Securities LLC’s holdings in Autoliv were worth $543,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Dupont Capital Management Corp acquired a new stake in Autoliv during the 3rd quarter worth about $91,000. Comerica Bank grew its position in shares of Autoliv by 7.1% during the 3rd quarter. Comerica Bank now owns 10,749 shares of the auto parts company’s stock valued at $851,000 after acquiring an additional 712 shares during the period. Founders Financial Securities LLC grew its position in shares of Autoliv by 2.4% during the 3rd quarter. Founders Financial Securities LLC now owns 9,549 shares of the auto parts company’s stock valued at $636,000 after acquiring an additional 222 shares during the period. Janney Montgomery Scott LLC acquired a new stake in shares of Autoliv during the 3rd quarter valued at about $335,000. Finally, Versor Investments LP grew its position in shares of Autoliv by 72.7% during the 3rd quarter. Versor Investments LP now owns 21,852 shares of the auto parts company’s stock valued at $1,456,000 after acquiring an additional 9,200 shares during the period. 46.63% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Autoliv

In related news, insider Svante Mogefors sold 1,000 shares of Autoliv stock in a transaction that occurred on Friday, November 11th. The shares were sold at an average price of $89.00, for a total value of $89,000.00. Following the completion of the sale, the insider now owns 11,739 shares in the company, valued at approximately $1,044,771. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.21% of the stock is owned by insiders.

Autoliv Stock Up 3.7 %

Shares of NYSE ALV opened at $84.85 on Tuesday. The company has a 50 day simple moving average of $81.19 and a 200-day simple moving average of $79.02. The company has a market capitalization of $7.37 billion, a P/E ratio of 19.42 and a beta of 1.70. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.04 and a quick ratio of 0.77. Autoliv, Inc. has a 1 year low of $65.74 and a 1 year high of $105.51.

Autoliv (NYSE:ALVGet Rating) last announced its quarterly earnings results on Friday, October 21st. The auto parts company reported $1.23 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.37 by ($0.14). The firm had revenue of $2.30 billion for the quarter, compared to analyst estimates of $2.36 billion. Autoliv had a return on equity of 13.11% and a net margin of 4.44%. The firm’s quarterly revenue was up 24.6% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.73 EPS. On average, equities research analysts predict that Autoliv, Inc. will post 4.12 earnings per share for the current year.

Autoliv Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, December 9th. Investors of record on Tuesday, November 22nd were issued a $0.66 dividend. This represents a $2.64 annualized dividend and a yield of 3.11%. The ex-dividend date of this dividend was Monday, November 21st. This is an increase from Autoliv’s previous quarterly dividend of $0.64. Autoliv’s dividend payout ratio (DPR) is 60.41%.

Analysts Set New Price Targets

A number of research firms have recently commented on ALV. Robert W. Baird raised their target price on Autoliv from $77.00 to $81.00 and gave the company a “neutral” rating in a research report on Monday, October 24th. TheStreet upgraded Autoliv from a “c+” rating to a “b” rating in a research report on Thursday, November 3rd. Deutsche Bank Aktiengesellschaft raised their target price on Autoliv from $93.00 to $94.00 and gave the company a “buy” rating in a research report on Monday, October 24th. Royal Bank of Canada raised their target price on Autoliv from $90.00 to $93.00 and gave the company an “outperform” rating in a research report on Monday, October 24th. Finally, Citigroup decreased their price target on shares of Autoliv from $90.00 to $87.00 and set a “neutral” rating on the stock in a research note on Friday, January 13th. Ten research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat.com, Autoliv has a consensus rating of “Hold” and a consensus target price of $91.92.

Autoliv Profile

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Autoliv, Inc engages in the development, manufacture, and supply of automotive safety systems. It operates through the airbag and seatbelt products and components segment. The firm’s products include passive safety systems, including modules and components for passenger and driver airbags, side airbags, curtain airbags, seatbelts and steering wheels.

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Institutional Ownership by Quarter for Autoliv (NYSE:ALV)

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