14,545 Shares in Autoliv, Inc. $ALV Bought by Archford Capital Strategies LLC

Archford Capital Strategies LLC bought a new stake in Autoliv, Inc. (NYSE:ALV) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 14,545 shares of the auto parts company’s stock, valued at approximately $1,726,000.

Other hedge funds also recently made changes to their positions in the company. JPMorgan Chase & Co. increased its holdings in Autoliv by 11.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 180,208 shares of the auto parts company’s stock worth $22,256,000 after purchasing an additional 18,673 shares in the last quarter. Caisse Des Depots ET Consignations bought a new stake in Autoliv during the 3rd quarter worth approximately $1,302,000. Northstar Advisory Group LLC bought a new stake in Autoliv during the 3rd quarter worth approximately $1,484,000. First Citizens Bank & Trust Co. acquired a new position in Autoliv in the 3rd quarter valued at approximately $1,385,000. Finally, Nordea Investment Management AB bought a new position in shares of Autoliv during the third quarter valued at $7,697,000. 69.57% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Autoliv

In other Autoliv news, CEO Mikael Bratt sold 8,974 shares of the company’s stock in a transaction dated Tuesday, February 24th. The shares were sold at an average price of $123.51, for a total value of $1,108,378.74. Following the completion of the sale, the chief executive officer directly owned 29,290 shares of the company’s stock, valued at approximately $3,617,607.90. This represents a 23.45% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, EVP Per Jonas Jademyr sold 1,278 shares of Autoliv stock in a transaction that occurred on Tuesday, February 24th. The stock was sold at an average price of $122.03, for a total transaction of $155,954.34. Following the transaction, the executive vice president directly owned 1,963 shares in the company, valued at approximately $239,544.89. This represents a 39.43% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 22,243 shares of company stock valued at $2,713,735 in the last quarter. 0.30% of the stock is owned by company insiders.

Autoliv Trading Up 4.0%

ALV opened at $105.03 on Wednesday. Autoliv, Inc. has a fifty-two week low of $75.49 and a fifty-two week high of $130.14. The firm has a market capitalization of $7.86 billion, a PE ratio of 10.99, a P/E/G ratio of 0.84 and a beta of 1.32. The company has a debt-to-equity ratio of 0.67, a current ratio of 1.05 and a quick ratio of 0.79. The company’s 50-day moving average is $116.32 and its 200 day moving average is $119.35.

Autoliv (NYSE:ALV) last released its quarterly earnings results on Friday, January 30th. The auto parts company reported $3.19 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.85 by $0.34. The business had revenue of $2.82 billion during the quarter, compared to the consensus estimate of $2.77 billion. Autoliv had a return on equity of 30.42% and a net margin of 6.80%.The company’s quarterly revenue was up 7.7% on a year-over-year basis. During the same quarter in the previous year, the business earned $3.05 EPS. As a group, research analysts predict that Autoliv, Inc. will post 9.51 earnings per share for the current fiscal year.

Autoliv Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 19th. Shareholders of record on Wednesday, March 4th were paid a dividend of $0.87 per share. The ex-dividend date was Wednesday, March 4th. This represents a $3.48 annualized dividend and a yield of 3.3%. Autoliv’s dividend payout ratio (DPR) is 36.40%.

Analysts Set New Price Targets

Several brokerages have recently weighed in on ALV. Royal Bank Of Canada decreased their price target on Autoliv from $146.00 to $141.00 and set an “outperform” rating for the company in a research note on Monday, February 2nd. Evercore reduced their target price on Autoliv from $150.00 to $145.00 and set an “outperform” rating on the stock in a report on Monday, February 2nd. Weiss Ratings reissued a “buy (b)” rating on shares of Autoliv in a research note on Monday, December 29th. Barclays cut their price target on Autoliv from $140.00 to $135.00 and set an “overweight” rating on the stock in a report on Monday. Finally, Wolfe Research set a $143.00 price objective on shares of Autoliv in a research note on Monday, January 12th. Ten analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $134.50.

About Autoliv

Autoliv Inc (NYSE: ALV) is a leading global supplier of automotive safety systems, specializing in the design, development and manufacture of passive and active safety products. Its core product portfolio includes airbags, seatbelts, steering wheels, restraint control modules and pedestrian protection systems. In recent years, the company has also expanded into active safety technologies, offering radar, camera and sensor solutions that support advanced driver assistance systems (ADAS) and autonomous driving applications.

Founded in 1997 following the spin-off of Electrolux’s automotive safety business, Autoliv has evolved into a multinational organization with a presence in over 27 countries.