Capital Fund Management S.A. Reduces Position in Autoliv, Inc. (NYSE:ALV)

Capital Fund Management S.A. decreased its holdings in shares of Autoliv, Inc. (NYSE:ALVFree Report) by 31.8% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 76,625 shares of the auto parts company’s stock after selling 35,723 shares during the quarter. Capital Fund Management S.A. owned 0.09% of Autoliv worth $8,443,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Victory Capital Management Inc. increased its stake in Autoliv by 2.0% in the 3rd quarter. Victory Capital Management Inc. now owns 14,656 shares of the auto parts company’s stock worth $1,414,000 after buying an additional 282 shares during the period. Avantax Advisory Services Inc. increased its position in shares of Autoliv by 15.3% during the third quarter. Avantax Advisory Services Inc. now owns 2,742 shares of the auto parts company’s stock worth $265,000 after acquiring an additional 364 shares during the period. Janney Montgomery Scott LLC increased its position in shares of Autoliv by 33.4% during the third quarter. Janney Montgomery Scott LLC now owns 8,506 shares of the auto parts company’s stock worth $820,000 after acquiring an additional 2,131 shares during the period. Vanguard Personalized Indexing Management LLC raised its stake in shares of Autoliv by 13.8% during the third quarter. Vanguard Personalized Indexing Management LLC now owns 6,521 shares of the auto parts company’s stock valued at $629,000 after acquiring an additional 789 shares in the last quarter. Finally, HighTower Advisors LLC boosted its holdings in shares of Autoliv by 76.9% in the third quarter. HighTower Advisors LLC now owns 16,499 shares of the auto parts company’s stock valued at $1,582,000 after purchasing an additional 7,172 shares during the period. 69.57% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research firms have commented on ALV. Wells Fargo & Company raised their price objective on Autoliv from $126.00 to $128.00 and gave the stock an “equal weight” rating in a report on Monday, April 29th. Barclays lifted their price objective on Autoliv from $120.00 to $125.00 and gave the company an “equal weight” rating in a report on Monday, April 29th. Bank of America increased their target price on shares of Autoliv from $135.00 to $145.00 and gave the stock a “buy” rating in a report on Monday, April 29th. JPMorgan Chase & Co. boosted their price target on shares of Autoliv from $117.00 to $129.00 and gave the company a “neutral” rating in a report on Monday, April 22nd. Finally, StockNews.com upgraded shares of Autoliv from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, June 5th. Seven research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $129.50.

View Our Latest Research Report on Autoliv

Insider Transactions at Autoliv

In related news, Director Jan Carlson sold 1,900 shares of the stock in a transaction that occurred on Friday, May 31st. The shares were sold at an average price of $126.75, for a total value of $240,825.00. Following the completion of the transaction, the director now directly owns 77,493 shares of the company’s stock, valued at approximately $9,822,237.75. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.24% of the company’s stock.

Autoliv Trading Down 0.3 %

NYSE:ALV opened at $119.16 on Tuesday. The firm has a 50 day moving average of $121.41 and a 200 day moving average of $114.02. The company has a quick ratio of 0.82, a current ratio of 1.10 and a debt-to-equity ratio of 0.75. Autoliv, Inc. has a 52 week low of $82.21 and a 52 week high of $129.38. The stock has a market capitalization of $9.70 billion, a price-to-earnings ratio of 18.59, a PEG ratio of 0.67 and a beta of 1.65.

Autoliv (NYSE:ALVGet Free Report) last posted its quarterly earnings data on Friday, April 26th. The auto parts company reported $1.58 earnings per share for the quarter, topping analysts’ consensus estimates of $1.40 by $0.18. Autoliv had a return on equity of 29.84% and a net margin of 5.10%. The firm had revenue of $2.62 billion during the quarter, compared to analysts’ expectations of $2.57 billion. As a group, sell-side analysts anticipate that Autoliv, Inc. will post 9.82 earnings per share for the current fiscal year.

Autoliv Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, June 12th. Shareholders of record on Thursday, May 23rd will be issued a $0.68 dividend. This represents a $2.72 annualized dividend and a yield of 2.28%. The ex-dividend date of this dividend is Wednesday, May 22nd. Autoliv’s dividend payout ratio is presently 42.43%.

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.

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Institutional Ownership by Quarter for Autoliv (NYSE:ALV)

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