Autoliv, Inc. $ALV Shares Bought by Leuthold Group LLC

Leuthold Group LLC increased its holdings in Autoliv, Inc. (NYSE:ALV) by 29.2% in the fourth quarter, HoldingsChannel.com reports. The firm owned 54,579 shares of the auto parts company’s stock after buying an additional 12,340 shares during the quarter. Leuthold Group LLC’s holdings in Autoliv were worth $6,479,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of ALV. Torren Management LLC acquired a new position in Autoliv in the 4th quarter worth about $25,000. IFP Advisors Inc raised its holdings 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. Root Financial Partners LLC acquired a new position in Autoliv in the 3rd quarter worth about $32,000. Quarry LP acquired a new position in Autoliv in the 3rd quarter worth about $36,000. Finally, Johnson Financial Group Inc. acquired a new position in Autoliv in the 3rd quarter worth about $37,000. Institutional investors and hedge funds own 69.57% of the company’s stock.

Insider Transactions at Autoliv

In related news, EVP Christian Swahn sold 1,478 shares of the 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 completion of the sale, the executive vice president owned 5,314 shares of the company’s stock, valued at approximately $648,467.42. This trade represents a 21.76% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Franz-Josef Kortuem sold 8,300 shares of the stock in a transaction that occurred 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 directly owned 5,549 shares of the company’s stock, valued at approximately $668,099.60. This represents a 59.93% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 22,243 shares of company stock valued at $2,713,735. 0.34% of the stock is currently owned by company insiders.

Autoliv Price Performance

Shares of Autoliv stock opened at $114.91 on Friday. The business has a 50 day simple moving average of $110.78 and a two-hundred day simple moving average of $117.67. Autoliv, Inc. has a 12 month low of $98.45 and a 12 month high of $130.14. The stock has a market capitalization of $8.60 billion, a P/E ratio of 12.36, a PEG ratio of 0.77 and a beta of 1.31. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.08 and a quick ratio of 0.82.

Autoliv (NYSE:ALV) last announced its earnings results on Saturday, April 18th. The auto parts company reported $2.05 EPS for the quarter, beating analysts’ consensus estimates 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 during the quarter, compared to analysts’ expectations of $2.61 billion. During the same quarter in the prior year, the firm earned $2.15 earnings per share. The business’s revenue was up 6.8% compared to the same quarter last year. As a group, analysts predict that Autoliv, Inc. will post 10.53 EPS for the current fiscal year.

Autoliv Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, June 8th. Shareholders of record on Wednesday, May 20th will be issued a dividend of $0.87 per share. The ex-dividend date of this dividend is Wednesday, May 20th. This represents a $3.48 dividend on an annualized basis and a dividend yield of 3.0%. Autoliv’s dividend payout ratio is presently 37.42%.

Analysts Set New Price Targets

A number of research firms recently weighed in on ALV. Weiss Ratings cut Autoliv from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, May 6th. Royal Bank Of Canada upped their price target on Autoliv from $137.00 to $138.00 and gave the stock an “outperform” rating in a report on Monday, April 20th. Robert W. Baird upped 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. Bank of America initiated coverage on Autoliv in a report on Thursday, April 16th. They set a “buy” rating and a $140.00 target price for the company. Finally, Barclays reduced their target price on Autoliv from $140.00 to $135.00 and set an “overweight” rating for the company in a report on Monday, March 30th. Eight investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat.com, Autoliv presently has a consensus rating of “Moderate Buy” and a consensus price target of $135.00.

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.