Groupama Asset Managment Sells 7,493 Shares of Autoliv, Inc. $ALV

Groupama Asset Managment lessened its holdings in Autoliv, Inc. (NYSE:ALV) by 16.5% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 37,915 shares of the auto parts company’s stock after selling 7,493 shares during the quarter. Groupama Asset Managment’s holdings in Autoliv were worth $4,683,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently made changes to their positions in the company. Root Financial Partners LLC bought a new stake in shares of Autoliv during the 3rd quarter worth $32,000. Quarry LP bought a new position in Autoliv during the third quarter valued at about $36,000. Johnson Financial Group Inc. bought a new position in Autoliv during the third quarter valued at about $37,000. Global Retirement Partners LLC increased its holdings in Autoliv by 18,550.0% during the third quarter. Global Retirement Partners LLC now owns 373 shares of the auto parts company’s stock worth $46,000 after buying an additional 371 shares during the last quarter. Finally, Bayforest Capital Ltd bought a new stake in Autoliv in the third quarter worth about $53,000. 69.57% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Autoliv

In other news, CEO Mikael Bratt sold 8,974 shares of Autoliv stock in a transaction on Tuesday, February 24th. The stock was sold at an average price of $123.51, for a total value of $1,108,378.74. Following the completion of the transaction, the chief executive officer directly owned 29,290 shares in the company, valued at approximately $3,617,607.90. The trade was a 23.45% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Christian Swahn sold 1,478 shares of the business’s 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 sale, the executive vice president owned 5,314 shares in the company, valued at approximately $648,467.42. The trade was a 21.76% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 22,243 shares of company stock valued at $2,713,735. 0.20% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

ALV has been the topic of a number of research analyst reports. Weiss Ratings reiterated a “buy (b)” rating on shares of Autoliv in a research note on Monday, December 29th. Evercore decreased their price target on shares of Autoliv from $150.00 to $145.00 and set an “outperform” rating for the company in a research note on Monday, February 2nd. JPMorgan Chase & Co. raised shares of Autoliv from a “neutral” rating to an “overweight” rating and lifted their price target for the stock from $109.00 to $140.00 in a report on Wednesday, November 26th. Royal Bank Of Canada dropped their price objective on Autoliv from $146.00 to $141.00 and set an “outperform” rating on the stock in a research note on Monday, February 2nd. Finally, Robert W. Baird set a $132.00 price objective on Autoliv in a report on Monday, February 2nd. Ten research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, Autoliv presently has an average rating of “Moderate Buy” and a consensus target price of $135.71.

Autoliv Price Performance

ALV opened at $101.66 on Friday. The firm has a 50-day moving average price of $120.02 and a 200-day moving average price of $120.65. Autoliv, Inc. has a twelve month low of $75.49 and a twelve month high of $130.14. The company has a quick ratio of 0.79, a current ratio of 1.05 and a debt-to-equity ratio of 0.67. The company has a market capitalization of $7.59 billion, a price-to-earnings ratio of 10.63, a PEG ratio of 0.85 and a beta of 1.32.

Autoliv (NYSE:ALV) last announced 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 company had revenue of $2.82 billion for the quarter, compared to analysts’ expectations of $2.77 billion. Autoliv had a net margin of 6.80% and a return on equity of 30.42%. Autoliv’s revenue was up 7.7% compared to the same quarter last year. During the same period in the prior year, the company posted $3.05 EPS. Equities analysts expect that Autoliv, Inc. will post 9.51 EPS for the current year.

Autoliv Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, March 19th. Shareholders of record on Wednesday, March 4th were given a dividend of $0.87 per share. The ex-dividend date was Wednesday, March 4th. This represents a $3.48 annualized dividend and a dividend yield of 3.4%. Autoliv’s dividend payout ratio is currently 36.40%.

About Autoliv

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.