Autoliv, Inc. (NYSE:ALV) Holdings Decreased by Invesco Ltd.

Invesco Ltd. cut its holdings in shares of Autoliv, Inc. (NYSE:ALV) by 0.3% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 123,971 shares of the auto parts company’s stock after selling 423 shares during the quarter. Invesco Ltd. owned 0.16% of Autoliv worth $11,627,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Legend Financial Advisors Inc. boosted its holdings in shares of Autoliv by 1.8% during the 4th quarter. Legend Financial Advisors Inc. now owns 6,344 shares of the auto parts company’s stock worth $595,000 after buying an additional 115 shares during the period. CIBC Asset Management Inc boosted its stake in shares of Autoliv by 5.2% in the 4th quarter. CIBC Asset Management Inc now owns 2,501 shares of the auto parts company’s stock valued at $235,000 after purchasing an additional 124 shares in the last quarter. US Bancorp DE grew its stake in Autoliv by 3.5% during the fourth quarter. US Bancorp DE now owns 3,820 shares of the auto parts company’s stock worth $358,000 after buying an additional 130 shares during the last quarter. AlphaQuest LLC grew its position in Autoliv by 74.4% during the 4th quarter. AlphaQuest LLC now owns 314 shares of the auto parts company’s stock worth $29,000 after acquiring an additional 134 shares during the last quarter. Finally, Hennion & Walsh Asset Management Inc. increased its stake in shares of Autoliv by 3.5% in the fourth quarter. Hennion & Walsh Asset Management Inc. now owns 4,171 shares of the auto parts company’s stock valued at $391,000 after buying an additional 140 shares in the last quarter. Hedge funds and other institutional investors own 69.57% of the company’s stock.

Analysts Set New Price Targets

Several research firms have issued reports on ALV. Barclays upped their price objective on Autoliv from $97.00 to $105.00 and gave the stock an “overweight” rating in a report on Monday. Hsbc Global Res lowered Autoliv from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, February 4th. TD Cowen started coverage on shares of Autoliv in a research report on Friday, March 7th. They set a “buy” rating and a $116.00 target price on the stock. StockNews.com upgraded shares of Autoliv from a “hold” rating to a “buy” rating in a research report on Thursday, April 17th. Finally, Daiwa America upgraded shares of Autoliv from a “hold” rating to a “strong-buy” rating in a report on Tuesday, January 7th. Seven research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $112.00.

Autoliv Stock Up 3.4 %

NYSE:ALV opened at $88.37 on Wednesday. Autoliv, Inc. has a 1 year low of $75.49 and a 1 year high of $129.38. The company has a current ratio of 0.96, a quick ratio of 0.71 and a debt-to-equity ratio of 0.67. The stock has a market cap of $6.83 billion, a price-to-earnings ratio of 10.95, a PEG ratio of 0.73 and a beta of 1.47. The stock has a 50-day moving average price of $90.46 and a two-hundred day moving average price of $94.24.

Autoliv (NYSE:ALV) last announced its earnings results on Wednesday, April 16th. The auto parts company reported $2.15 EPS for the quarter, topping the consensus estimate of $1.72 by $0.43. Autoliv had a net margin of 6.21% and a return on equity of 28.62%. The firm had revenue of $2.58 billion for the quarter, compared to the consensus estimate of $2.50 billion. During the same period last year, the company posted $1.58 EPS. As a group, equities analysts expect that Autoliv, Inc. will post 9.51 earnings per share for the current year.

Autoliv Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 24th. Shareholders of record on Friday, March 7th were paid a $0.70 dividend. This represents a $2.80 annualized dividend and a dividend yield of 3.17%. The ex-dividend date was Friday, March 7th. Autoliv’s dividend payout ratio is 32.22%.

Insider Activity

In other Autoliv news, CFO Fredrik Westin sold 1,803 shares of the company’s stock in a transaction that occurred on Tuesday, February 25th. The stock was sold at an average price of $99.19, for a total transaction of $178,839.57. Following the completion of the transaction, the chief financial officer now owns 7,261 shares of the company’s stock, valued at $720,218.59. This represents a 19.89 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Per Jonas Jademyr sold 401 shares of Autoliv stock in a transaction that occurred on Tuesday, February 25th. The shares were sold at an average price of $98.85, for a total transaction of $39,638.85. Following the completion of the sale, the executive vice president now owns 685 shares in the company, valued at $67,712.25. This trade represents a 36.92 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 9,253 shares of company stock worth $915,534 over the last three months. Corporate insiders own 0.30% of the company’s stock.

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.