Groupama Asset Managment Has $610,000 Stake in Autoliv, Inc. $ALV

Groupama Asset Managment decreased its holdings in shares of Autoliv, Inc. (NYSE:ALV) by 86.4% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 5,143 shares of the auto parts company’s stock after selling 32,772 shares during the period. Groupama Asset Managment’s holdings in Autoliv were worth $610,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. IFP Advisors Inc increased its position in shares of Autoliv by 110.3% in 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 in the last quarter. Torren Management LLC bought a new stake in shares of Autoliv in the fourth quarter worth $25,000. Parkside Financial Bank & Trust boosted its stake 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 worth $25,000 after buying an additional 190 shares during the last quarter. Quarry LP acquired a new position in Autoliv during the third quarter valued at approximately $36,000. Finally, Johnson Financial Group Inc. bought a new position in shares of Autoliv in the third quarter valued at $37,000. 69.57% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

ALV has been the subject of a number of research analyst reports. Bank of America started coverage on Autoliv in a report on Thursday, April 16th. They set a “buy” rating and a $140.00 price target for the company. Weiss Ratings raised shares of Autoliv from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, June 15th. UBS Group raised their price objective on Autoliv from $110.00 to $122.00 and gave the stock a “neutral” rating in a research note on Monday, June 15th. Wall Street Zen upgraded shares of Autoliv from a “hold” rating to a “buy” rating in a research report on Saturday. Finally, Robert W. Baird boosted their price target on Autoliv from $119.00 to $130.00 and gave the stock a “neutral” rating in a report on Monday, April 20th. Eight equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $134.87.

Autoliv Stock Up 0.1%

Shares of ALV opened at $118.31 on Friday. The stock’s 50-day moving average price is $120.45 and its two-hundred day moving average price is $118.71. The company has a current ratio of 1.08, a quick ratio of 0.82 and a debt-to-equity ratio of 0.64. The company has a market capitalization of $8.86 billion, a PE ratio of 12.72, a PEG ratio of 0.79 and a beta of 1.33. Autoliv, Inc. has a 12 month low of $99.16 and a 12 month high of $132.17.

Autoliv (NYSE:ALV) last announced its earnings results on Saturday, April 18th. The auto parts company reported $2.05 EPS 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 business had revenue of $2.75 billion for the quarter, compared to analysts’ expectations of $2.61 billion. During the same period in the prior year, the business posted $2.15 earnings per share. The firm’s revenue was up 6.8% on a year-over-year basis. On average, analysts anticipate that Autoliv, Inc. will post 10.53 EPS for the current year.

Autoliv Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, June 8th. Investors of record on Wednesday, May 20th were given a dividend of $0.87 per share. The ex-dividend date was Wednesday, May 20th. This represents a $3.48 annualized dividend and a dividend yield of 2.9%. Autoliv’s dividend payout ratio is presently 37.42%.

Insider Activity

In other Autoliv news, Director Jan Carlson sold 19,607 shares of the stock in a transaction that occurred on 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 transaction, the director directly owned 60,000 shares in the company, valued at approximately $7,800,000. This represents a 24.63% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.34% of the company’s stock.

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.