Autoliv, Inc. (NYSE:ALV) Shares Sold by Swiss National Bank

Swiss National Bank reduced its holdings in Autoliv, Inc. (NYSE:ALV) by 0.9% in the 4th quarter, Holdings Channel reports. The institutional investor owned 149,700 shares of the auto parts company’s stock after selling 1,300 shares during the quarter. Swiss National Bank’s holdings in Autoliv were worth $14,040,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently modified their holdings of the business. AlphaQuest LLC lifted its holdings in Autoliv by 74.4% in the fourth quarter. AlphaQuest LLC now owns 314 shares of the auto parts company’s stock valued at $29,000 after acquiring an additional 134 shares during the period. Callan Family Office LLC purchased a new position in shares of Autoliv in the 4th quarter valued at about $326,000. Raymond James Financial Inc. acquired a new stake in shares of Autoliv in the fourth quarter valued at about $3,815,000. US Bancorp DE boosted its holdings 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 in the last quarter. Finally, Todd Asset Management LLC purchased a new stake in Autoliv during the fourth quarter worth about $3,536,000. 69.57% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on the stock. StockNews.com upgraded shares of Autoliv from a “hold” rating to a “buy” rating in a research report on Friday, March 14th. Pareto Securities downgraded Autoliv to a “hold” rating in a research note on Monday, February 3rd. TD Cowen started coverage on Autoliv in a research report on Friday, March 7th. They set a “buy” rating and a $116.00 target price on the stock. Cowen assumed coverage on Autoliv in a research report on Thursday, March 6th. They issued a “buy” rating for the company. Finally, Wells Fargo & Company decreased their price objective on shares of Autoliv from $101.00 to $97.00 and set an “equal weight” rating on the stock in a research report on Monday, December 16th. Nine equities research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $117.14.

Autoliv Trading Up 3.1 %

Shares of ALV opened at $91.38 on Thursday. Autoliv, Inc. has a fifty-two week low of $87.55 and a fifty-two week high of $129.38. The company has a market capitalization of $7.10 billion, a PE ratio of 11.32, a price-to-earnings-growth ratio of 0.73 and a beta of 1.59. The stock has a fifty day moving average of $96.11 and a two-hundred day moving average of $95.92. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.71 and a current ratio of 0.96.

Autoliv (NYSE:ALV) last released its earnings results on Friday, January 31st. The auto parts company reported $3.05 EPS for the quarter, beating the consensus estimate of $2.84 by $0.21. Autoliv had a return on equity of 28.62% and a net margin of 6.21%. As a group, analysts forecast that Autoliv, Inc. will post 9.51 EPS for the current year.

Autoliv Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 24th. Stockholders of record on Friday, March 7th will be issued a dividend of $0.70 per share. The ex-dividend date is Friday, March 7th. This represents a $2.80 annualized dividend and a dividend yield of 3.06%. Autoliv’s payout ratio is currently 34.70%.

Insider Buying and Selling

In other Autoliv news, EVP Per Jonas Jademyr sold 401 shares of the 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 transaction, the executive vice president now owns 685 shares of the company’s stock, valued at $67,712.25. This trade represents a 36.92 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Fredrik Westin sold 1,803 shares of the business’s stock in a transaction on Tuesday, February 25th. The shares were sold at an average price of $99.19, for a total transaction of $178,839.57. Following the sale, the chief financial officer now directly owns 7,261 shares of the company’s stock, valued at $720,218.59. This represents a 19.89 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 9,253 shares of company stock valued at $915,534. Insiders own 0.20% of the company’s stock.

Autoliv 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.