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

Archford Capital Strategies LLC purchased a new stake in shares of Autoliv, Inc. (NYSE:ALV) during the fourth quarter, Holdings Channel reports. The institutional investor purchased 14,545 shares of the auto parts company’s stock, valued at approximately $1,726,000.

Several other hedge funds also recently made changes to their positions in ALV. IFP Advisors Inc lifted its holdings in Autoliv by 110.3% during the 3rd quarter. IFP Advisors Inc now owns 204 shares of the auto parts company’s stock worth $25,000 after purchasing an additional 107 shares in the last quarter. Root Financial Partners LLC purchased a new position in Autoliv during the 3rd quarter valued at about $32,000. Quarry LP purchased a new position in Autoliv during the 3rd quarter valued at about $36,000. Johnson Financial Group Inc. bought a new stake in shares of Autoliv during the third quarter valued at about $37,000. Finally, Global Retirement Partners LLC increased its position in shares of Autoliv by 18,550.0% during the third quarter. Global Retirement Partners LLC now owns 373 shares of the auto parts company’s stock valued at $46,000 after buying an additional 371 shares during the period. 69.57% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In related news, EVP Per Jonas Jademyr sold 1,278 shares of the business’s stock in a transaction dated Tuesday, February 24th. The shares were sold at an average price of $122.03, for a total transaction of $155,954.34. Following the transaction, the executive vice president owned 1,963 shares in the company, valued at $239,544.89. The trade was a 39.43% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Magnus Jarlegren sold 1,598 shares of the firm’s stock in a transaction that occurred on Wednesday, February 25th. The shares were sold at an average price of $121.61, for a total value of $194,332.78. Following the completion of the transaction, the insider owned 7,739 shares of the company’s stock, valued at approximately $941,139.79. The trade was a 17.11% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 22,243 shares of company stock worth $2,713,735. 0.30% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Several analysts have issued reports on ALV shares. TD Cowen reiterated a “buy” rating on shares of Autoliv in a research note on Tuesday, March 17th. Royal Bank Of Canada dropped their price objective on shares of Autoliv from $146.00 to $141.00 and set an “outperform” rating for the company in a report on Monday, February 2nd. Wolfe Research set a $143.00 target price on shares of Autoliv in a research report on Monday, January 12th. Wells Fargo & Company reduced their target price on Autoliv from $125.00 to $113.00 and set an “equal weight” rating on the stock in a research note on Tuesday. Finally, Robert W. Baird set a $132.00 price target on Autoliv in a research report on Monday, February 2nd. Ten analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, Autoliv currently has an average rating of “Moderate Buy” and an average target price of $134.50.

Autoliv Stock Up 4.0%

Shares of NYSE ALV opened at $105.03 on Wednesday. The firm’s fifty day moving average is $116.32 and its 200 day moving average is $119.35. Autoliv, Inc. has a 52 week low of $75.49 and a 52 week high of $130.14. The company has a quick ratio of 0.79, a current ratio of 1.05 and a debt-to-equity ratio of 0.67. The company has a market cap of $7.86 billion, a price-to-earnings ratio of 10.99, a PEG ratio of 0.84 and a beta of 1.32.

Autoliv (NYSE:ALV) last announced its quarterly earnings results on Friday, January 30th. The auto parts company reported $3.19 earnings per share for the quarter, beating the consensus estimate of $2.85 by $0.34. The business had revenue of $2.82 billion during the quarter, compared to analysts’ expectations of $2.77 billion. Autoliv had a net margin of 6.80% and a return on equity of 30.42%. The firm’s revenue for the quarter was up 7.7% compared to the same quarter last year. During the same quarter in the prior year, the company posted $3.05 EPS. On average, equities research analysts expect that Autoliv, Inc. will post 9.51 earnings per share for the current year.

Autoliv Announces Dividend

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

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.