3,334 Shares in Autoliv, Inc. (NYSE:ALV) Acquired by HighPoint Advisor Group LLC

HighPoint Advisor Group LLC purchased a new stake in shares of Autoliv, Inc. (NYSE:ALV) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm purchased 3,334 shares of the auto parts company’s stock, valued at approximately $408,000.

Other hedge funds have also bought and sold shares of the company. Van ECK Associates Corp bought a new position in Autoliv during the fourth quarter worth $2,356,000. Park West Asset Management LLC raised its stake in Autoliv by 37.8% during the fourth quarter. Park West Asset Management LLC now owns 427,060 shares of the auto parts company’s stock worth $47,058,000 after buying an additional 117,060 shares during the last quarter. Louisiana State Employees Retirement System bought a new position in Autoliv during the fourth quarter worth $2,314,000. American Trust Investment Advisors LLC raised its stake in Autoliv by 63.2% during the fourth quarter. American Trust Investment Advisors LLC now owns 36,340 shares of the auto parts company’s stock worth $4,004,000 after buying an additional 14,068 shares during the last quarter. Finally, Hsbc Holdings PLC raised its stake in Autoliv by 146.8% during the fourth quarter. Hsbc Holdings PLC now owns 61,242 shares of the auto parts company’s stock worth $6,748,000 after buying an additional 36,431 shares during the last quarter. Institutional investors own 69.57% of the company’s stock.

Autoliv Stock Down 2.0 %

Shares of NYSE ALV opened at $106.58 on Friday. The stock has a market capitalization of $8.67 billion, a P/E ratio of 16.63, a P/E/G ratio of 0.61 and a beta of 1.65. The company has a 50-day moving average price of $120.11 and a 200-day moving average price of $114.31. Autoliv, Inc. has a 1 year low of $82.21 and a 1 year high of $129.38. The company has a debt-to-equity ratio of 0.75, a current ratio of 1.10 and a quick ratio of 0.82.

Autoliv (NYSE:ALV) last released its quarterly earnings results on Friday, April 26th. The auto parts company reported $1.58 earnings per share for the quarter, topping the consensus estimate of $1.40 by $0.18. Autoliv had a net margin of 5.10% and a return on equity of 29.84%. The business had revenue of $2.62 billion for the quarter, compared to analysts’ expectations of $2.57 billion. On average, equities research analysts forecast that Autoliv, Inc. will post 9.82 EPS for the current fiscal year.

Autoliv Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, June 12th. Investors of record on Thursday, May 23rd were issued a dividend of $0.68 per share. This represents a $2.72 dividend on an annualized basis and a yield of 2.55%. The ex-dividend date of this dividend was Wednesday, May 22nd. Autoliv’s dividend payout ratio (DPR) is presently 42.43%.

Insider Buying and Selling

In other Autoliv news, Director Jan Carlson sold 1,900 shares of the business’s stock in a transaction that occurred on Friday, May 31st. The shares were sold at an average price of $126.75, for a total value of $240,825.00. Following the completion of the transaction, the director now owns 77,493 shares of the company’s stock, valued at approximately $9,822,237.75. The transaction was disclosed in a filing with the SEC, which is available through this link. 0.20% of the stock is currently owned by insiders.

Analysts Set New Price Targets

ALV has been the subject of a number of analyst reports. Barclays lifted their target price on shares of Autoliv from $120.00 to $125.00 and gave the stock an “equal weight” rating in a research note on Monday, April 29th. BNP Paribas initiated coverage on shares of Autoliv in a report on Tuesday. They issued a “neutral” rating for the company. JPMorgan Chase & Co. raised their price target on shares of Autoliv from $117.00 to $129.00 and gave the stock a “neutral” rating in a report on Monday, April 22nd. Bank of America raised their price target on shares of Autoliv from $135.00 to $145.00 and gave the stock a “buy” rating in a report on Monday, April 29th. Finally, Wells Fargo & Company raised their price target on shares of Autoliv from $126.00 to $128.00 and gave the stock an “equal weight” rating in a report on Monday, April 29th. Eight investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $129.50.

Autoliv Company Profile

Autoliv, Inc, through its subsidiaries, develops, manufactures, and supplies passive safety systems to the automotive industry in Europe, the Americas, China, Japan, and rest of Asia. It offers passive safety systems, including modules and components for frontal-impact airbag protection systems, side-impact airbag protection systems, seatbelts, steering wheels, and inflator technologies.