Mutual of America Capital Management LLC Sells 3,102 Shares of Autoliv, Inc. (NYSE:ALV)

Mutual of America Capital Management LLC lowered its stake in Autoliv, Inc. (NYSE:ALV) by 6.3% in the fourth quarter, Holdings Channel reports. The fund owned 46,295 shares of the auto parts company’s stock after selling 3,102 shares during the quarter. Mutual of America Capital Management LLC’s holdings in Autoliv were worth $5,101,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the stock. Wahed Invest LLC lifted its holdings in shares of Autoliv by 8.5% in the third quarter. Wahed Invest LLC now owns 1,339 shares of the auto parts company’s stock worth $129,000 after acquiring an additional 105 shares during the last quarter. Prospera Financial Services Inc increased its stake in shares of Autoliv by 3.8% in the first quarter. Prospera Financial Services Inc now owns 3,229 shares of the auto parts company’s stock valued at $301,000 after buying an additional 118 shares during the period. Rise Advisors LLC increased its stake in shares of Autoliv by 84.1% in the fourth quarter. Rise Advisors LLC now owns 267 shares of the auto parts company’s stock valued at $29,000 after buying an additional 122 shares during the period. Raymond James Financial Services Advisors Inc. increased its stake in shares of Autoliv by 7.5% in the first quarter. Raymond James Financial Services Advisors Inc. now owns 3,092 shares of the auto parts company’s stock valued at $236,000 after buying an additional 217 shares during the period. Finally, Captrust Financial Advisors increased its stake in shares of Autoliv by 12.8% in the second quarter. Captrust Financial Advisors now owns 2,128 shares of the auto parts company’s stock valued at $152,000 after buying an additional 241 shares during the period. Institutional investors own 69.57% of the company’s stock.

Insiders Place Their Bets

In other Autoliv news, CFO Fredrik Westin sold 1,318 shares of the stock in a transaction that occurred on Wednesday, February 21st. The stock was sold at an average price of $109.93, for a total transaction of $144,887.74. Following the transaction, the chief financial officer now directly owns 5,458 shares in the company, valued at approximately $599,997.94. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. In related news, CFO Fredrik Westin sold 1,318 shares of the stock in a transaction on Wednesday, February 21st. The stock was sold at an average price of $109.93, for a total value of $144,887.74. Following the transaction, the chief financial officer now directly owns 5,458 shares in the company, valued at approximately $599,997.94. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, VP Mikael Hagstrom sold 327 shares of the stock in a transaction on Wednesday, February 21st. The stock was sold at an average price of $109.69, for a total value of $35,868.63. Following the completion of the transaction, the vice president now owns 327 shares in the company, valued at $35,868.63. The disclosure for this sale can be found here. In the last three months, insiders have sold 8,388 shares of company stock worth $921,757. Corporate insiders own 0.20% of the company’s stock.

Autoliv Price Performance

Autoliv stock opened at $115.26 on Monday. The stock has a market capitalization of $9.39 billion, a price-to-earnings ratio of 20.05, a PEG ratio of 0.74 and a beta of 1.72. Autoliv, Inc. has a 52-week low of $79.66 and a 52-week high of $124.38. The stock’s 50 day moving average price is $116.38 and its two-hundred day moving average price is $106.58. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.73 and a current ratio of 0.98.

Autoliv (NYSE:ALV) last posted its quarterly earnings results on Friday, January 26th. The auto parts company reported $3.74 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.37 by $0.37. The firm had revenue of $2.75 billion for the quarter, compared to analysts’ expectations of $2.75 billion. Autoliv had a return on equity of 27.13% and a net margin of 4.66%. The company’s revenue for the quarter was up 17.8% compared to the same quarter last year. During the same period in the prior year, the business earned $1.83 EPS. On average, equities analysts predict that Autoliv, Inc. will post 9.7 earnings per share for the current year.

Autoliv Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, March 27th. Shareholders of record on Tuesday, March 12th were issued a dividend of $0.68 per share. This represents a $2.72 dividend on an annualized basis and a dividend yield of 2.36%. The ex-dividend date of this dividend was Monday, March 11th. Autoliv’s payout ratio is 47.30%.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on ALV shares. Wells Fargo & Company upped their price objective on Autoliv from $101.00 to $107.00 and gave the company an “equal weight” rating in a research note on Monday, January 29th. Berenberg Bank raised Autoliv from a “hold” rating to a “buy” rating and set a $120.00 price objective for the company in a research note on Friday, January 12th. StockNews.com raised Autoliv from a “hold” rating to a “buy” rating in a research note on Saturday, January 20th. Wolfe Research downgraded shares of Autoliv from an “outperform” rating to a “peer perform” rating in a research report on Thursday, January 4th. Finally, Barclays increased their target price on shares of Autoliv from $107.00 to $120.00 and gave the company an “equal weight” rating in a research report on Thursday. Seven investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $115.18.

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.