LFL Advisers LLC Buys 9,215 Shares of Autoliv, Inc. $ALV

LFL Advisers LLC grew its stake in Autoliv, Inc. (NYSE:ALV) by 3.1% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 306,007 shares of the auto parts company’s stock after buying an additional 9,215 shares during the period. Autoliv accounts for about 13.1% of LFL Advisers LLC’s holdings, making the stock its 3rd biggest holding. LFL Advisers LLC owned 0.40% of Autoliv worth $37,792,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Integrated Wealth Concepts LLC acquired a new position in shares of Autoliv in the 1st quarter worth approximately $412,000. NewEdge Advisors LLC lifted its holdings in Autoliv by 11.2% in the first quarter. NewEdge Advisors LLC now owns 3,242 shares of the auto parts company’s stock valued at $287,000 after buying an additional 326 shares during the period. Jones Financial Companies Lllp lifted its holdings in Autoliv by 3,361.1% in the first quarter. Jones Financial Companies Lllp now owns 10,591 shares of the auto parts company’s stock valued at $937,000 after buying an additional 10,285 shares during the period. Goldman Sachs Group Inc. grew its holdings in Autoliv by 88.5% during the 1st quarter. Goldman Sachs Group Inc. now owns 191,465 shares of the auto parts company’s stock worth $16,935,000 after acquiring an additional 89,918 shares during the period. Finally, Savant Capital LLC bought a new position in shares of Autoliv in the 2nd quarter worth about $311,000. 69.57% of the stock is owned by institutional investors and hedge funds.

Autoliv Trading Down 0.2%

NYSE:ALV opened at $107.61 on Thursday. The company has a debt-to-equity ratio of 0.67, a current ratio of 1.05 and a quick ratio of 0.79. The firm has a 50-day moving average of $122.38 and a 200-day moving average of $121.52. The company has a market cap of $8.04 billion, a PE ratio of 11.26, a PEG ratio of 0.90 and a beta of 1.32. Autoliv, Inc. has a one year low of $75.49 and a one year high of $130.14.

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 for 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 last year, the firm earned $3.05 EPS. As a group, equities research analysts expect that Autoliv, Inc. will post 9.51 EPS for the current fiscal year.

Autoliv Dividend Announcement

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

Insider Activity

In other news, Director Franz-Josef Kortuem sold 8,300 shares of the company’s stock in a transaction on Thursday, February 26th. The shares were sold at an average price of $120.40, for a total value of $999,320.00. Following the completion of the sale, the director owned 5,549 shares in the company, valued at $668,099.60. This represents a 59.93% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Magnus Jarlegren sold 1,598 shares of the stock in a transaction dated Wednesday, February 25th. The shares were sold at an average price of $121.61, for a total transaction of $194,332.78. Following the completion of the sale, the insider owned 7,739 shares of the company’s stock, valued at approximately $941,139.79. This represents a 17.11% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 22,243 shares of company stock worth $2,713,735. Company insiders own 0.20% of the company’s stock.

Analyst Ratings Changes

Several research firms recently commented on ALV. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Autoliv in a research note on Monday, December 29th. Morgan Stanley set a $140.00 target price on shares of Autoliv in a research report on Wednesday, November 26th. Barclays reissued an “overweight” rating and set a $140.00 target price on shares of Autoliv in a research note on Monday, February 2nd. Robert W. Baird set a $132.00 price target on shares of Autoliv in a research note on Monday, February 2nd. Finally, Wolfe Research set a $143.00 target price on Autoliv in a research note on Monday, January 12th. Ten investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $135.71.

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.