Autoliv, Inc. $ALV is LFL Advisers LLC’s 3rd Largest Position

LFL Advisers LLC increased its stake in Autoliv, Inc. (NYSE:ALV) by 3.1% during the third quarter, Holdings Channel.com reports. The institutional investor owned 306,007 shares of the auto parts company’s stock after buying an additional 9,215 shares during the period. Autoliv comprises 13.1% of LFL Advisers LLC’s investment portfolio, making the stock its 3rd biggest holding. LFL Advisers LLC’s holdings in Autoliv were worth $37,792,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the stock. Integrated Wealth Concepts LLC purchased a new position in Autoliv in the first quarter valued at about $412,000. NewEdge Advisors LLC increased its stake in shares of Autoliv by 11.2% during the 1st quarter. NewEdge Advisors LLC now owns 3,242 shares of the auto parts company’s stock worth $287,000 after purchasing an additional 326 shares during the last quarter. Jones Financial Companies Lllp raised its holdings in shares of Autoliv by 3,361.1% in the 1st quarter. Jones Financial Companies Lllp now owns 10,591 shares of the auto parts company’s stock worth $937,000 after purchasing an additional 10,285 shares during the period. Goldman Sachs Group Inc. raised its holdings in shares of Autoliv by 88.5% in the 1st quarter. Goldman Sachs Group Inc. now owns 191,465 shares of the auto parts company’s stock worth $16,935,000 after purchasing an additional 89,918 shares during the period. Finally, Savant Capital LLC purchased a new position in Autoliv in the second quarter valued at approximately $311,000. Hedge funds and other institutional investors own 69.57% of the company’s stock.

Autoliv Price Performance

Shares of NYSE:ALV opened at $107.61 on Thursday. The company has a 50 day moving average of $122.38 and a 200 day moving average of $121.52. The company has a current ratio of 1.05, a quick ratio of 0.79 and a debt-to-equity ratio of 0.67. The stock has a market cap of $8.04 billion, a P/E ratio of 11.26, a P/E/G ratio of 0.90 and a beta of 1.32. Autoliv, Inc. has a 12 month low of $75.49 and a 12 month high of $130.14.

Autoliv (NYSE:ALV) last released its quarterly earnings results on Friday, January 30th. The auto parts company reported $3.19 EPS for the quarter, beating analysts’ consensus estimates of $2.85 by $0.34. The firm had revenue of $2.82 billion during the quarter, compared to analyst estimates of $2.77 billion. Autoliv had a net margin of 6.80% and a return on equity of 30.42%. During the same period in the previous year, the business earned $3.05 EPS. The business’s revenue for the quarter was up 7.7% on a year-over-year basis. As a group, sell-side analysts forecast that Autoliv, Inc. will post 9.51 EPS for the current fiscal year.

Autoliv Dividend Announcement

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

Insider Activity

In other news, EVP Christian Swahn sold 1,478 shares of the stock in a transaction on Tuesday, February 24th. The shares were sold at an average price of $122.03, for a total value of $180,360.34. Following the transaction, the executive vice president owned 5,314 shares of the company’s stock, valued at $648,467.42. This represents a 21.76% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Mikael Bratt sold 8,974 shares of the firm’s stock in a transaction on Tuesday, February 24th. The shares were sold at an average price of $123.51, for a total transaction of $1,108,378.74. Following the sale, the chief executive officer owned 29,290 shares in the company, valued at approximately $3,617,607.90. This trade represents a 23.45% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 22,243 shares of company stock worth $2,713,735. Company insiders own 0.20% of the company’s stock.

Wall Street Analysts Forecast Growth

ALV has been the subject of a number of recent research reports. Barclays reissued an “overweight” rating and issued a $140.00 target price on shares of Autoliv in a research report on Monday, February 2nd. JPMorgan Chase & Co. raised shares of Autoliv from a “neutral” rating to an “overweight” rating and upped their price objective for the company from $109.00 to $140.00 in a report on Wednesday, November 26th. Robert W. Baird set a $132.00 target price on shares of Autoliv in a research note on Monday, February 2nd. Wolfe Research set a $143.00 price objective on shares of Autoliv in a report on Monday, January 12th. Finally, TD Cowen reiterated a “buy” rating on shares of Autoliv in a research note on Monday, February 2nd. Ten equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, Autoliv has an average rating of “Moderate Buy” and a consensus target price of $135.71.

Autoliv Company 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.