Autoliv, Inc. (ALV) Position Held by Public Employees Retirement Association of Colorado
Public Employees Retirement Association of Colorado held its stake in shares of Autoliv, Inc. (NYSE:ALV) during the second quarter, Holdings Channel reports. The firm owned 13,564 shares of the auto parts company’s stock at the end of the second quarter. Public Employees Retirement Association of Colorado’s holdings in Autoliv were worth $1,489,000 as of its most recent filing with the SEC.
Several other large investors have also recently bought and sold shares of ALV. Toronto Dominion Bank boosted its stake in Autoliv by 26.9% in the first quarter. Toronto Dominion Bank now owns 971 shares of the auto parts company’s stock worth $100,000 after buying an additional 206 shares during the last quarter. Creative Planning boosted its stake in Autoliv by 0.3% in the first quarter. Creative Planning now owns 1,220 shares of the auto parts company’s stock worth $125,000 after buying an additional 4 shares during the last quarter. Pacer Advisors Inc. boosted its stake in Autoliv by 3.2% in the first quarter. Pacer Advisors Inc. now owns 1,799 shares of the auto parts company’s stock worth $184,000 after buying an additional 55 shares during the last quarter. IHT Wealth Management LLC boosted its stake in Autoliv by 34.8% in the first quarter. IHT Wealth Management LLC now owns 1,937 shares of the auto parts company’s stock worth $188,000 after buying an additional 500 shares during the last quarter. Finally, Global X Management Co. LLC boosted its stake in Autoliv by 31.6% in the first quarter. Global X Management Co. LLC now owns 2,030 shares of the auto parts company’s stock worth $208,000 after buying an additional 488 shares during the last quarter. Hedge funds and other institutional investors own 32.97% of the company’s stock.
Shares of Autoliv, Inc. (NYSE ALV) opened at 107.20 on Friday. Autoliv, Inc. has a one year low of $93.31 and a one year high of $117.54. The firm has a 50-day moving average of $110.99 and a 200-day moving average of $106.63. The company has a market capitalization of $9.32 billion, a P/E ratio of 16.94 and a beta of 1.13.
Autoliv (NYSE:ALV) last posted its quarterly earnings data on Friday, July 21st. The auto parts company reported $1.44 earnings per share for the quarter, missing the Zacks’ consensus estimate of $1.48 by $0.04. The company had revenue of $2.55 billion for the quarter, compared to analyst estimates of $2.57 billion. Autoliv had a return on equity of 13.96% and a net margin of 5.44%. The business’s revenue was down 1.3% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.75 earnings per share. Analysts forecast that Autoliv, Inc. will post $6.22 earnings per share for the current year.
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 7th. Shareholders of record on Wednesday, August 23rd will be given a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a yield of 2.24%. The ex-dividend date is Monday, August 21st. Autoliv’s dividend payout ratio is presently 37.97%.
ALV has been the topic of a number of recent analyst reports. BidaskClub cut shares of Autoliv from a “strong-buy” rating to a “buy” rating in a report on Wednesday, June 21st. Jefferies Group LLC reiterated a “buy” rating and set a $119.00 price target on shares of Autoliv in a report on Friday, June 16th. Mizuho upgraded shares of Autoliv from a “neutral” rating to a “buy” rating and increased their price target for the company from $108.00 to $130.00 in a report on Monday, July 17th. Zacks Investment Research upgraded shares of Autoliv from a “strong sell” rating to a “hold” rating in a report on Tuesday, May 23rd. Finally, Royal Bank Of Canada reiterated a “hold” rating and set a $99.00 price target on shares of Autoliv in a report on Friday, April 28th. Three research analysts have rated the stock with a sell rating, nine have issued a hold rating and seven have assigned a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of $105.32.
In other Autoliv news, VP Thomas Jonsson sold 1,240 shares of the company’s stock in a transaction on Wednesday, July 26th. The shares were sold at an average price of $108.55, for a total transaction of $134,602.00. Following the completion of the transaction, the vice president now directly owns 2,311 shares in the company, valued at $250,859.05. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Robert W. Alspaugh sold 1,156 shares of the company’s stock in a transaction on Friday, May 26th. The stock was sold at an average price of $109.87, for a total transaction of $127,009.72. Following the transaction, the director now owns 3,800 shares of the company’s stock, valued at $417,506. The disclosure for this sale can be found here. Corporate insiders own 0.25% of the company’s stock.
Autoliv Company Profile
Autoliv, Inc is a supplier of automotive safety systems with a range of product offerings, including passive safety systems and active safety systems. The Company operates through two segments: Passive Safety and Electronics. The Passive safety products include modules and components for passenger and driver-side airbags, side-impact airbag protection systems, seatbelts, steering wheels, inflator technologies, whiplash protection systems and child seats, and components for such systems, as well as passive safety electronic products, such as restraint electronics and crash sensors.
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