Arbejdsmarkedets Tillaegspension Buys 40,925 Shares of Autoliv, Inc. $ALV

Arbejdsmarkedets Tillaegspension raised its stake in Autoliv, Inc. (NYSE:ALV) by 20.4% during the 1st quarter, Holdings Channel.com reports. The firm owned 241,278 shares of the auto parts company’s stock after buying an additional 40,925 shares during the period. Arbejdsmarkedets Tillaegspension’s holdings in Autoliv were worth $25,373,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently modified their holdings of the stock. Swedbank AB lifted its stake in shares of Autoliv by 14.4% during the 4th quarter. Swedbank AB now owns 2,976,700 shares of the auto parts company’s stock worth $353,334,000 after buying an additional 375,454 shares during the last quarter. Charles Schwab Investment Management Inc. grew its stake in Autoliv by 1.1% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 2,562,641 shares of the auto parts company’s stock valued at $304,185,000 after buying an additional 28,415 shares during the last quarter. Dimensional Fund Advisors LP grew its stake in Autoliv by 2.0% in the 4th quarter. Dimensional Fund Advisors LP now owns 1,881,828 shares of the auto parts company’s stock valued at $223,385,000 after buying an additional 37,661 shares during the last quarter. Vanguard Group Inc. raised its holdings in Autoliv by 1.1% in the 4th quarter. Vanguard Group Inc. now owns 1,867,396 shares of the auto parts company’s stock valued at $221,660,000 after acquiring an additional 21,221 shares during the period. Finally, LSV Asset Management raised its holdings in Autoliv by 6.5% in the 4th quarter. LSV Asset Management now owns 1,681,609 shares of the auto parts company’s stock valued at $199,607,000 after acquiring an additional 101,922 shares during the period. 69.57% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on the company. Robert W. Baird boosted their price objective on Autoliv from $119.00 to $130.00 and gave the stock a “neutral” rating in a report on Monday, April 20th. Barclays dropped their price target on Autoliv from $140.00 to $135.00 and set an “overweight” rating for the company in a report on Monday, March 30th. Wall Street Zen downgraded Autoliv from a “buy” rating to a “hold” rating in a research note on Saturday, July 4th. Jefferies Financial Group raised Autoliv to a “hold” rating in a report on Monday, June 15th. Finally, Wells Fargo & Company increased their price objective on Autoliv from $116.00 to $122.00 and gave the stock an “equal weight” rating in a research report on Thursday, June 25th. Eight investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Autoliv presently has an average rating of “Moderate Buy” and a consensus target price of $135.27.

Autoliv Trading Down 0.0%

Shares of ALV stock opened at $120.24 on Monday. The stock has a market cap of $9.00 billion, a P/E ratio of 12.93, a price-to-earnings-growth ratio of 0.80 and a beta of 1.35. Autoliv, Inc. has a 1 year low of $99.16 and a 1 year high of $132.17. 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 stock has a 50 day simple moving average of $121.54 and a 200 day simple moving average of $118.55.

Autoliv (NYSE:ALV) last announced its quarterly earnings data 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. The firm had revenue of $2.75 billion during the quarter, compared to analysts’ expectations of $2.61 billion. Autoliv had a return on equity of 29.03% and a net margin of 6.45%.The company’s quarterly revenue was up 6.8% compared to the same quarter last year. During the same period in the previous year, the firm earned $2.15 EPS. On average, research analysts predict that Autoliv, Inc. will post 10.52 earnings per share for the current fiscal year.

Autoliv Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, June 8th. Investors of record on Wednesday, May 20th were given a $0.87 dividend. The ex-dividend date 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 presently 37.42%.

Insider Buying and Selling

In related news, Director Jan Carlson sold 19,607 shares of the business’s stock in a transaction dated Friday, June 12th. The stock was sold at an average price of $130.00, for a total value 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 ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.34% of the stock is currently owned by company insiders.

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.