Traders Buy Large Volume of Call Options on Autoliv (ALV)
Autoliv Inc. (NYSE:ALV) was the target of unusually large options trading on Friday. Stock investors bought 1,066 call options on the company. This represents an increase of approximately 1,084% compared to the typical volume of 90 call options.
In other Autoliv news, insider Johan Lofvenholm sold 3,965 shares of the company’s stock in a transaction dated Thursday, November 30th. The stock was sold at an average price of $128.00, for a total value of $507,520.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 0.25% of the company’s stock.
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. DnB Asset Management AS purchased a new position in Autoliv during the 4th quarter valued at approximately $1,366,000. GSA Capital Partners LLP purchased a new position in Autoliv during the 3rd quarter valued at approximately $422,000. Coastline Trust Co grew its holdings in Autoliv by 16.6% during the 3rd quarter. Coastline Trust Co now owns 18,550 shares of the auto parts company’s stock valued at $2,293,000 after buying an additional 2,640 shares in the last quarter. Neuberger Berman Group LLC lifted its stake in shares of Autoliv by 78.2% in the 3rd quarter. Neuberger Berman Group LLC now owns 44,073 shares of the auto parts company’s stock valued at $5,447,000 after purchasing an additional 19,344 shares during the last quarter. Finally, California Public Employees Retirement System lifted its stake in shares of Autoliv by 4.7% in the 3rd quarter. California Public Employees Retirement System now owns 222,108 shares of the auto parts company’s stock valued at $27,453,000 after purchasing an additional 9,979 shares during the last quarter. Institutional investors and hedge funds own 33.43% of the company’s stock.
Autoliv (NYSE ALV) opened at $135.90 on Wednesday. The firm has a market capitalization of $11,820.00, a P/E ratio of 23.43, a price-to-earnings-growth ratio of 2.35 and a beta of 1.11. The company has a debt-to-equity ratio of 0.31, a quick ratio of 1.23 and a current ratio of 1.55. Autoliv has a 1-year low of $96.08 and a 1-year high of $137.15.
Autoliv (NYSE:ALV) last released its quarterly earnings results on Thursday, October 26th. The auto parts company reported $1.47 earnings per share for the quarter, beating the consensus estimate of $1.33 by $0.14. The business had revenue of $2.50 billion during the quarter, compared to analysts’ expectations of $2.50 billion. Autoliv had a return on equity of 13.42% and a net margin of 4.96%. The firm’s revenue for the quarter was up 1.6% compared to the same quarter last year. During the same quarter last year, the business posted $1.63 EPS. equities research analysts expect that Autoliv will post 6.27 earnings per share for the current fiscal year.
The company also recently declared a quarterly dividend, which will be paid on Thursday, March 8th. Shareholders of record on Thursday, February 22nd will be issued a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a yield of 1.77%. The ex-dividend date is Wednesday, February 21st. Autoliv’s dividend payout ratio is presently 41.38%.
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Autoliv, Inc is a supplier of automotive safety systems with a range of product offerings, including passive safety systems and active safety systems. The Company operates through two segments: Passive Safety and Electronics. The Passive safety products include modules and components for passenger and driver-side airbags, side-impact airbag protection systems, seatbelts, steering wheels, inflator technologies, whiplash protection systems and child seats, and components for such systems, as well as passive safety electronic products, such as restraint electronics and crash sensors.
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