Autoliv, Inc. $ALV Shares Sold by WINTON GROUP Ltd

WINTON GROUP Ltd decreased its position in Autoliv, Inc. (NYSE:ALV) by 72.3% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 16,134 shares of the auto parts company’s stock after selling 42,077 shares during the period. WINTON GROUP Ltd’s holdings in Autoliv were worth $1,993,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of the company. Norges Bank acquired a new position in shares of Autoliv during the 2nd quarter worth approximately $110,368,000. LSV Asset Management grew its stake in Autoliv by 54.9% in the 3rd quarter. LSV Asset Management now owns 1,579,687 shares of the auto parts company’s stock valued at $195,091,000 after acquiring an additional 559,605 shares during the period. Invesco Ltd. grew its stake in Autoliv by 334.1% in the 2nd quarter. Invesco Ltd. now owns 644,818 shares of the auto parts company’s stock valued at $72,155,000 after acquiring an additional 496,261 shares during the period. Hennessy Advisors Inc. purchased a new stake in Autoliv in the 3rd quarter worth $41,163,000. Finally, Balyasny Asset Management L.P. purchased a new stake in Autoliv in the 2nd quarter worth $34,816,000. Institutional investors and hedge funds own 69.57% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have issued reports on the stock. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Autoliv in a report on Monday, December 29th. Robert W. Baird set a $132.00 price target on shares of Autoliv in a research report on Monday, February 2nd. Wall Street Zen lowered shares of Autoliv from a “strong-buy” rating to a “buy” rating in a research note on Saturday, January 31st. Wolfe Research set a $143.00 price objective on Autoliv in a report on Monday, January 12th. Finally, Royal Bank Of Canada cut their price objective on Autoliv from $146.00 to $141.00 and set an “outperform” rating for the company in a research note on Monday, February 2nd. Ten equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $135.71.

Autoliv Trading Down 1.6%

Shares of ALV stock opened at $107.71 on Wednesday. Autoliv, Inc. has a fifty-two week low of $75.49 and a fifty-two week high of $130.14. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.79 and a current ratio of 1.05. The stock’s fifty day moving average is $122.60 and its two-hundred day moving average is $121.62. The firm has a market capitalization of $8.05 billion, a P/E ratio of 11.27, a PEG ratio of 0.91 and a beta of 1.32.

Autoliv (NYSE:ALV) last released its earnings results on Friday, January 30th. The auto parts company reported $3.19 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.85 by $0.34. Autoliv had a net margin of 6.80% and a return on equity of 30.42%. Autoliv’s revenue was up 7.7% compared to the same quarter last year. During the same quarter last year, the business earned $3.05 earnings per share. Research analysts expect that Autoliv, Inc. will post 9.51 earnings per share for the current fiscal year.

Autoliv Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 19th. Investors of record on Wednesday, March 4th will be paid a dividend of $0.87 per share. This represents a $3.48 annualized dividend and a yield of 3.2%. The ex-dividend date of this dividend is Wednesday, March 4th. Autoliv’s dividend payout ratio is currently 36.40%.

Insider Buying and Selling

In other Autoliv news, CEO Mikael Bratt sold 8,974 shares of the firm’s stock in a transaction that occurred on Tuesday, February 24th. The shares were sold at an average price of $123.51, for a total value of $1,108,378.74. Following the transaction, the chief executive officer directly owned 29,290 shares of the company’s stock, valued at $3,617,607.90. This trade represents a 23.45% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Christian Swahn sold 1,478 shares of the business’s stock in a transaction that occurred on Tuesday, February 24th. The stock was sold at an average price of $122.03, for a total value of $180,360.34. Following the transaction, the executive vice president owned 5,314 shares in the company, valued at approximately $648,467.42. This represents a 21.76% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 22,243 shares of company stock worth $2,713,735 in the last 90 days. Corporate insiders own 0.30% of the company’s stock.

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.