SG Americas Securities LLC Decreases Holdings in Autoliv, Inc. $ALV

SG Americas Securities LLC decreased its stake in Autoliv, Inc. (NYSE:ALV) by 77.2% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,554 shares of the auto parts company’s stock after selling 8,655 shares during the quarter. SG Americas Securities LLC’s holdings in Autoliv were worth $315,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of ALV. True Wealth Design LLC lifted its stake in Autoliv by 1,892.3% in the 2nd quarter. True Wealth Design LLC now owns 259 shares of the auto parts company’s stock valued at $29,000 after buying an additional 246 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. raised its holdings in shares of Autoliv by 103.5% during the second quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 348 shares of the auto parts company’s stock valued at $39,000 after acquiring an additional 177 shares during the last quarter. Global Retirement Partners LLC lifted its position in shares of Autoliv by 18,550.0% in the third quarter. Global Retirement Partners LLC now owns 373 shares of the auto parts company’s stock valued at $46,000 after acquiring an additional 371 shares in the last quarter. Hantz Financial Services Inc. lifted its position in shares of Autoliv by 975.5% in the second quarter. Hantz Financial Services Inc. now owns 527 shares of the auto parts company’s stock valued at $59,000 after acquiring an additional 478 shares in the last quarter. Finally, Atlantic Union Bankshares Corp acquired a new stake in shares of Autoliv in the second quarter worth approximately $62,000. Institutional investors and hedge funds own 69.57% of the company’s stock.

Wall Street Analyst Weigh In

ALV has been the subject of several recent research reports. Morgan Stanley set a $140.00 price objective on Autoliv in a research note on Wednesday, November 26th. Robert W. Baird set a $137.00 target price on shares of Autoliv in a research report on Wednesday, January 14th. TD Cowen restated a “buy” rating on shares of Autoliv in a research report on Monday, October 20th. Berenberg Bank set a $134.00 price target on Autoliv in a research report on Tuesday, October 21st. Finally, JPMorgan Chase & Co. upgraded shares of Autoliv from a “neutral” rating to an “overweight” rating and raised their price target for the stock from $109.00 to $140.00 in a report on Wednesday, November 26th. Ten equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Autoliv currently has a consensus rating of “Moderate Buy” and a consensus target price of $133.00.

Autoliv Trading Up 0.1%

NYSE:ALV opened at $127.13 on Tuesday. The firm has a market cap of $9.66 billion, a PE ratio of 13.13, a price-to-earnings-growth ratio of 0.79 and a beta of 1.32. The stock has a fifty day moving average price of $121.12 and a 200 day moving average price of $120.43. Autoliv, Inc. has a 12-month low of $75.49 and a 12-month high of $130.14. The company has a current ratio of 0.95, a quick ratio of 0.70 and a debt-to-equity ratio of 0.54.

Autoliv Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, December 10th. Stockholders of record on Friday, November 21st were paid a $0.87 dividend. This represents a $3.48 annualized dividend and a dividend yield of 2.7%. The ex-dividend date was Friday, November 21st. This is a boost from Autoliv’s previous quarterly dividend of $0.85. Autoliv’s dividend payout ratio (DPR) is 35.95%.

Autoliv Profile

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.