SG Americas Securities LLC Sells 727 Shares of Autoliv, Inc. (NYSE:ALV)

SG Americas Securities LLC decreased its stake in shares of Autoliv, Inc. (NYSE:ALVFree Report) by 8.0% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 8,322 shares of the auto parts company’s stock after selling 727 shares during the quarter. SG Americas Securities LLC’s holdings in Autoliv were worth $917,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. New York Life Investment Management LLC increased its holdings in shares of Autoliv by 90.3% during the 3rd quarter. New York Life Investment Management LLC now owns 8,151 shares of the auto parts company’s stock worth $786,000 after purchasing an additional 3,867 shares during the period. Versor Investments LP increased its holdings in shares of Autoliv by 43.5% during the 3rd quarter. Versor Investments LP now owns 8,250 shares of the auto parts company’s stock worth $796,000 after purchasing an additional 2,501 shares during the period. CI Investments Inc. increased its holdings in shares of Autoliv by 2.8% during the 3rd quarter. CI Investments Inc. now owns 231,211 shares of the auto parts company’s stock worth $22,307,000 after purchasing an additional 6,394 shares during the period. Nisa Investment Advisors LLC increased its holdings in shares of Autoliv by 158.4% during the 3rd quarter. Nisa Investment Advisors LLC now owns 6,525 shares of the auto parts company’s stock worth $630,000 after purchasing an additional 4,000 shares during the period. Finally, Los Angeles Capital Management LLC bought a new stake in Autoliv in the third quarter valued at about $1,091,000. Institutional investors own 69.57% of the company’s stock.

Autoliv Price Performance

Shares of ALV stock opened at $120.43 on Monday. The firm’s 50 day moving average is $113.93 and its 200-day moving average is $104.97. Autoliv, Inc. has a 1 year low of $79.66 and a 1 year high of $124.38. The firm has a market capitalization of $9.81 billion, a price-to-earnings ratio of 20.94, a PEG ratio of 0.76 and a beta of 1.71. The company has a current ratio of 0.98, a quick ratio of 0.73 and a debt-to-equity ratio of 0.52.

Autoliv (NYSE:ALVGet Free Report) last announced its quarterly earnings data on Friday, January 26th. The auto parts company reported $3.74 earnings per share for the quarter, beating the consensus estimate of $3.37 by $0.37. Autoliv had a net margin of 4.66% and a return on equity of 27.13%. The business had revenue of $2.75 billion for the quarter, compared to analyst estimates of $2.75 billion. During the same period in the prior year, the business posted $1.83 earnings per share. Autoliv’s revenue was up 17.8% compared to the same quarter last year. Sell-side analysts forecast that Autoliv, Inc. will post 9.75 EPS for the current fiscal year.

Autoliv Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, March 27th. Investors of record on Tuesday, March 12th were issued a $0.68 dividend. The ex-dividend date was Monday, March 11th. This represents a $2.72 annualized dividend and a yield of 2.26%. Autoliv’s dividend payout ratio is currently 47.30%.

Insider Activity at Autoliv

In related news, CEO Mikael Bratt sold 4,226 shares of the stock in a transaction that occurred on Wednesday, February 21st. The shares were sold at an average price of $109.72, for a total value of $463,676.72. Following the transaction, the chief executive officer now directly owns 17,547 shares in the company, valued at $1,925,256.84. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In other Autoliv news, CEO Mikael Bratt sold 4,226 shares of the company’s stock in a transaction that occurred on Wednesday, February 21st. The shares were sold at an average price of $109.72, for a total value of $463,676.72. Following the completion of the sale, the chief executive officer now owns 17,547 shares of the company’s stock, valued at $1,925,256.84. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Fredrik Westin sold 1,318 shares of the company’s stock in a transaction that occurred on Wednesday, February 21st. The shares were sold at an average price of $109.93, for a total transaction of $144,887.74. Following the completion of the sale, the chief financial officer now directly owns 5,458 shares of the company’s stock, valued at approximately $599,997.94. The disclosure for this sale can be found here. Insiders have sold 8,388 shares of company stock worth $921,757 over the last ninety days. Company insiders own 0.20% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on ALV shares. Barclays upped their target price on shares of Autoliv from $105.00 to $107.00 and gave the company an “equal weight” rating in a research note on Tuesday, January 30th. Berenberg Bank upgraded shares of Autoliv from a “hold” rating to a “buy” rating and set a $120.00 price target on the stock in a research report on Friday, January 12th. Wolfe Research lowered shares of Autoliv from an “outperform” rating to a “peer perform” rating in a research report on Thursday, January 4th. Mizuho boosted their price target on shares of Autoliv from $115.00 to $135.00 and gave the company a “buy” rating in a research report on Monday, March 25th. Finally, Wells Fargo & Company boosted their price target on shares of Autoliv from $101.00 to $107.00 and gave the company an “equal weight” rating in a research report on Monday, January 29th. Seven research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat.com, Autoliv presently has an average rating of “Hold” and an average target price of $114.00.

Check Out Our Latest Analysis on ALV

Autoliv Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Autoliv (NYSE:ALV)

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