US Bancorp DE Has $358,000 Stock Holdings in Autoliv, Inc. (NYSE:ALV)

US Bancorp DE raised its stake in Autoliv, Inc. (NYSE:ALV) by 3.5% in the 4th quarter, Holdings Channel.com reports. The fund owned 3,820 shares of the auto parts company’s stock after buying an additional 130 shares during the quarter. US Bancorp DE’s holdings in Autoliv were worth $358,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Legend Financial Advisors Inc. increased its stake in shares of Autoliv by 1.8% in the 4th quarter. Legend Financial Advisors Inc. now owns 6,344 shares of the auto parts company’s stock valued at $595,000 after purchasing an additional 115 shares during the last quarter. CIBC Asset Management Inc increased its stake in shares of Autoliv by 5.2% in the 4th quarter. CIBC Asset Management Inc now owns 2,501 shares of the auto parts company’s stock valued at $235,000 after purchasing an additional 124 shares during the last quarter. Quantinno Capital Management LP increased its stake in shares of Autoliv by 0.6% in the 3rd quarter. Quantinno Capital Management LP now owns 23,456 shares of the auto parts company’s stock valued at $2,190,000 after purchasing an additional 130 shares during the last quarter. Hennion & Walsh Asset Management Inc. increased its stake in shares of Autoliv by 3.5% in the 4th quarter. Hennion & Walsh Asset Management Inc. now owns 4,171 shares of the auto parts company’s stock valued at $391,000 after purchasing an additional 140 shares during the last quarter. Finally, UMB Bank n.a. increased its stake in shares of Autoliv by 139.5% in the 4th quarter. UMB Bank n.a. now owns 273 shares of the auto parts company’s stock valued at $26,000 after purchasing an additional 159 shares during the last quarter. Institutional investors own 69.57% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on ALV. Daiwa America upgraded Autoliv from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, January 7th. Hsbc Global Res lowered Autoliv from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, February 4th. Mizuho reduced their price objective on Autoliv from $115.00 to $112.00 and set an “outperform” rating on the stock in a research report on Monday, February 3rd. Pareto Securities lowered Autoliv to a “hold” rating in a research report on Monday, February 3rd. Finally, Cowen began coverage on Autoliv in a research report on Thursday, March 6th. They set a “buy” rating on the stock. Nine research analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $117.14.

Autoliv Trading Down 3.8 %

NYSE ALV opened at $87.60 on Friday. The business’s 50-day moving average price is $96.51 and its two-hundred day moving average price is $96.34. Autoliv, Inc. has a 12 month low of $87.55 and a 12 month high of $129.38. The firm has a market capitalization of $6.81 billion, a PE ratio of 10.85, a price-to-earnings-growth ratio of 0.73 and a beta of 1.59. The company has a current ratio of 0.96, a quick ratio of 0.71 and a debt-to-equity ratio of 0.67.

Autoliv (NYSE:ALV) last released its quarterly earnings results on Friday, January 31st. The auto parts company reported $3.05 EPS for the quarter, beating analysts’ consensus estimates of $2.84 by $0.21. Autoliv had a return on equity of 28.62% and a net margin of 6.21%. On average, analysts expect that Autoliv, Inc. will post 9.51 EPS for the current year.

Autoliv Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 24th. Stockholders of record on Friday, March 7th will be paid a $0.70 dividend. This represents a $2.80 dividend on an annualized basis and a dividend yield of 3.20%. The ex-dividend date is Friday, March 7th. Autoliv’s dividend payout ratio is 34.70%.

Insider Activity

In other news, CEO Mikael Bratt sold 5,760 shares of the business’s stock in a transaction dated Tuesday, February 25th. The stock was sold at an average price of $98.90, for a total value of $569,664.00. Following the transaction, the chief executive officer now directly owns 23,307 shares of the company’s stock, valued at $2,305,062.30. The trade was a 19.82 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Per Jonas Jademyr sold 401 shares of the business’s stock in a transaction dated Tuesday, February 25th. The shares were sold at an average price of $98.85, for a total value of $39,638.85. Following the completion of the transaction, the executive vice president now directly owns 685 shares in the company, valued at $67,712.25. This represents a 36.92 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 9,253 shares of company stock valued at $915,534 in the last ninety days. 0.20% of the stock is owned by company insiders.

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.