Autoliv, Inc. (NYSE:ALV) Shares Sold by Mutual of America Capital Management LLC

Mutual of America Capital Management LLC lessened its holdings in Autoliv, Inc. (NYSE:ALVFree Report) by 5.3% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 43,824 shares of the auto parts company’s stock after selling 2,471 shares during the quarter. Mutual of America Capital Management LLC owned 0.05% of Autoliv worth $5,278,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the business. Benjamin F. Edwards & Company Inc. purchased a new position in shares of Autoliv in the 4th quarter valued at approximately $27,000. Rise Advisors LLC lifted its stake in shares of Autoliv by 84.1% during the fourth quarter. Rise Advisors LLC now owns 267 shares of the auto parts company’s stock worth $29,000 after buying an additional 122 shares during the period. Register Financial Advisors LLC purchased a new stake in shares of Autoliv during the first quarter valued at $36,000. Parallel Advisors LLC increased its position in shares of Autoliv by 83.8% in the 4th quarter. Parallel Advisors LLC now owns 489 shares of the auto parts company’s stock valued at $54,000 after acquiring an additional 223 shares during the period. Finally, TFO Wealth Partners LLC raised its stake in Autoliv by 15,425.0% in the 4th quarter. TFO Wealth Partners LLC now owns 621 shares of the auto parts company’s stock worth $68,000 after acquiring an additional 617 shares during the last quarter. Hedge funds and other institutional investors own 69.57% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have weighed in on ALV shares. UBS Group upgraded Autoliv from a “neutral” rating to a “buy” rating and boosted their price target for the company from $102.00 to $141.00 in a research note on Tuesday, May 28th. Barclays increased their price target on shares of Autoliv from $120.00 to $125.00 and gave the stock an “equal weight” rating in a report on Monday, April 29th. Wells Fargo & Company decreased their price objective on shares of Autoliv from $128.00 to $122.00 and set an “equal weight” rating for the company in a research note on Tuesday, June 25th. BNP Paribas started coverage on shares of Autoliv in a research note on Tuesday, June 18th. They issued a “neutral” rating on the stock. Finally, Robert W. Baird boosted their target price on shares of Autoliv from $133.00 to $135.00 and gave the company a “neutral” rating in a research report on Monday, April 29th. Seven research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. According to MarketBeat, Autoliv currently has a consensus rating of “Moderate Buy” and an average target price of $129.27.

View Our Latest Stock Analysis on ALV

Insider Buying and Selling

In other news, Director Jan Carlson sold 1,900 shares of Autoliv stock in a transaction dated Friday, May 31st. The shares were sold at an average price of $126.75, for a total value of $240,825.00. Following the sale, the director now owns 77,493 shares in the company, valued at $9,822,237.75. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 0.24% of the stock is owned by insiders.

Autoliv Trading Down 1.5 %

ALV stock opened at $106.40 on Wednesday. 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 $87.01 and a 52-week high of $129.38. The company’s 50-day simple moving average is $117.66 and its 200-day simple moving average is $114.80. The firm has a market cap of $8.66 billion, a P/E ratio of 16.60, a PEG ratio of 0.65 and a beta of 1.61.

Autoliv (NYSE:ALVGet Free Report) last issued its quarterly earnings results on Friday, April 26th. The auto parts company reported $1.58 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.40 by $0.18. The company had revenue of $2.62 billion for the quarter, compared to the consensus estimate of $2.57 billion. Autoliv had a return on equity of 29.84% and a net margin of 5.10%. As a group, equities analysts forecast that Autoliv, Inc. will post 9.74 EPS for the current fiscal year.

Autoliv Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, June 12th. Investors of record on Thursday, May 23rd were paid a $0.68 dividend. The ex-dividend date of this dividend was Wednesday, May 22nd. This represents a $2.72 dividend on an annualized basis and a yield of 2.56%. Autoliv’s dividend payout ratio is currently 42.43%.

About Autoliv

(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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