Livforsakringsbolaget Skandia Omsesidigt Buys 6,100 Shares of Autoliv, Inc. $ALV

Livforsakringsbolaget Skandia Omsesidigt boosted its position in Autoliv, Inc. (NYSE:ALV) by 10.0% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 66,850 shares of the auto parts company’s stock after purchasing an additional 6,100 shares during the period. Livforsakringsbolaget Skandia Omsesidigt owned about 0.09% of Autoliv worth $7,028,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of ALV. Torren Management LLC purchased a new stake in Autoliv in the fourth quarter worth $25,000. IFP Advisors Inc lifted its position in shares of Autoliv by 110.3% during the 3rd quarter. IFP Advisors Inc now owns 204 shares of the auto parts company’s stock valued at $25,000 after buying an additional 107 shares during the last quarter. Parkside Financial Bank & Trust lifted its position in shares of Autoliv by 863.6% during the 4th quarter. Parkside Financial Bank & Trust now owns 212 shares of the auto parts company’s stock valued at $25,000 after buying an additional 190 shares during the last quarter. Quarry LP purchased a new position in shares of Autoliv during the 3rd quarter valued at $36,000. Finally, Johnson Financial Group Inc. bought a new position in shares of Autoliv during the 3rd quarter worth $37,000. 69.57% of the stock is owned by institutional investors.

Autoliv Price Performance

Autoliv stock opened at $121.33 on Wednesday. Autoliv, Inc. has a one year low of $99.16 and a one year high of $132.17. The business has a fifty day moving average price of $121.73 and a 200-day moving average price of $118.57. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.08 and a quick ratio of 0.82. The firm has a market capitalization of $9.08 billion, a P/E ratio of 13.05, a PEG ratio of 0.81 and a beta of 1.35.

Autoliv (NYSE:ALV) last announced its quarterly earnings results on Saturday, April 18th. The auto parts company reported $2.05 earnings per share for the quarter, beating the consensus estimate of $1.84 by $0.21. Autoliv had a return on equity of 29.03% and a net margin of 6.45%.The company had revenue of $2.75 billion during the quarter, compared to analysts’ expectations of $2.61 billion. During the same period in the previous year, the business earned $2.15 earnings per share. The firm’s quarterly revenue was up 6.8% compared to the same quarter last year. As a group, equities research analysts forecast that Autoliv, Inc. will post 10.52 EPS for the current year.

Autoliv Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, June 8th. Shareholders of record on Wednesday, May 20th were paid a $0.87 dividend. The ex-dividend date was Wednesday, May 20th. This represents a $3.48 annualized dividend and a yield of 2.9%. Autoliv’s dividend payout ratio (DPR) is currently 37.42%.

Insiders Place Their Bets

In other Autoliv news, Director Jan Carlson sold 19,607 shares of Autoliv stock in a transaction dated Friday, June 12th. The stock was sold at an average price of $130.00, for a total transaction of $2,548,910.00. Following the completion of the transaction, the director owned 60,000 shares of the company’s stock, valued at $7,800,000. The trade was a 24.63% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 0.34% of the stock is owned by insiders.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on the company. Wall Street Zen lowered Autoliv from a “buy” rating to a “hold” rating in a report on Saturday, July 4th. Robert W. Baird upped their price objective on shares of Autoliv from $119.00 to $130.00 and gave the company a “neutral” rating in a report on Monday, April 20th. Royal Bank Of Canada increased their target price on shares of Autoliv from $138.00 to $148.00 and gave the stock an “outperform” rating in a research report on Monday. TD Cowen reduced their target price on shares of Autoliv from $150.00 to $147.00 and set a “buy” rating for the company in a research note on Wednesday, April 15th. Finally, UBS Group lifted their target price on shares of Autoliv from $110.00 to $122.00 and gave the stock a “neutral” rating in a research note on Monday, June 15th. Eight analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat, Autoliv presently has an average rating of “Moderate Buy” and an average target price of $135.93.

Autoliv Company 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.