Autoliv, Inc. $ALV Shares Purchased by ExodusPoint Capital Management LP

ExodusPoint Capital Management LP increased its position in Autoliv, Inc. (NYSE:ALV) by 29.8% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 197,140 shares of the auto parts company’s stock after purchasing an additional 45,309 shares during the period. ExodusPoint Capital Management LP owned about 0.26% of Autoliv worth $23,401,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. IFP Advisors Inc boosted its stake in Autoliv by 110.3% in 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 during the period. Torren Management LLC acquired a new position in Autoliv in the 4th quarter worth approximately $25,000. Parkside Financial Bank & Trust boosted its stake in Autoliv by 863.6% in the 4th quarter. Parkside Financial Bank & Trust now owns 212 shares of the auto parts company’s stock worth $25,000 after purchasing an additional 190 shares during the period. Quarry LP acquired a new position in Autoliv in the 3rd quarter worth approximately $36,000. Finally, Johnson Financial Group Inc. acquired a new position in Autoliv in the 3rd quarter worth approximately $37,000. Institutional investors and hedge funds own 69.57% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts recently commented on the stock. Jefferies Financial Group lowered shares of Autoliv from a “buy” rating to a “hold” rating and decreased their price objective for the stock from $150.00 to $120.00 in a research note on Tuesday, April 14th. Royal Bank Of Canada raised their price objective on shares of Autoliv from $137.00 to $138.00 and gave the stock an “outperform” rating in a research note on Monday, April 20th. UBS Group raised their price objective on shares of Autoliv from $110.00 to $122.00 and gave the stock a “neutral” rating in a research note on Monday. Robert W. Baird raised their price objective on shares of Autoliv from $119.00 to $130.00 and gave the stock a “neutral” rating in a research note on Monday, April 20th. Finally, Wall Street Zen lowered shares of Autoliv from a “buy” rating to a “hold” rating in a research note on Sunday, May 17th. Eight analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat.com, Autoliv has an average rating of “Moderate Buy” and a consensus price target of $134.87.

Insider Activity

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

Autoliv Trading Down 3.1%

Shares of NYSE:ALV opened at $121.94 on Wednesday. The firm has a fifty day moving average of $119.78 and a two-hundred day moving average of $118.72. The firm has a market capitalization of $9.13 billion, a P/E ratio of 13.11, a price-to-earnings-growth ratio of 0.84 and a beta of 1.33. Autoliv, Inc. has a 12-month low of $99.16 and a 12-month high of $132.17. The company has a quick ratio of 0.82, a current ratio of 1.08 and a debt-to-equity ratio of 0.64.

Autoliv (NYSE:ALV) last issued its earnings results on Saturday, April 18th. The auto parts company reported $2.05 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.84 by $0.21. The company had revenue of $2.75 billion during the quarter, compared to analyst estimates of $2.61 billion. Autoliv had a net margin of 6.45% and a return on equity of 29.03%. The company’s revenue for the quarter was up 6.8% on a year-over-year basis. During the same quarter last year, the business posted $2.15 EPS. On average, equities analysts expect that Autoliv, Inc. will post 10.53 EPS for the current fiscal 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 dividend of $0.87 per share. The ex-dividend date of this dividend was Wednesday, May 20th. This represents a $3.48 dividend on an annualized basis and a dividend yield of 2.9%. Autoliv’s dividend payout ratio (DPR) is 37.42%.

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.