Autoliv, Inc. $ALV Shares Sold by Lancaster Investment Management

Lancaster Investment Management lowered its holdings in Autoliv, Inc. (NYSE:ALV) by 4.1% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 587,831 shares of the auto parts company’s stock after selling 25,223 shares during the quarter. Autoliv comprises 35.8% of Lancaster Investment Management’s investment portfolio, making the stock its biggest holding. Lancaster Investment Management’s holdings in Autoliv were worth $69,776,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Integrated Wealth Concepts LLC purchased a new position in Autoliv in the first quarter valued at approximately $412,000. NewEdge Advisors LLC lifted its position 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 buying an additional 326 shares during the last quarter. Jones Financial Companies Lllp lifted its position in shares of Autoliv by 3,361.1% during the 1st quarter. Jones Financial Companies Lllp now owns 10,591 shares of the auto parts company’s stock worth $937,000 after buying an additional 10,285 shares during the last quarter. Goldman Sachs Group Inc. boosted 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 valued at $16,935,000 after buying an additional 89,918 shares in the last quarter. Finally, Creative Planning boosted its holdings in shares of Autoliv by 23.9% in the 2nd quarter. Creative Planning now owns 6,352 shares of the auto parts company’s stock valued at $711,000 after buying an additional 1,227 shares in the last quarter. Hedge funds and other institutional investors own 69.57% of the company’s stock.

Wall Street Analysts Forecast Growth

ALV has been the topic of several research analyst reports. TD Cowen reiterated a “buy” rating on shares of Autoliv in a research note on Tuesday, March 17th. Royal Bank Of Canada decreased their price objective on shares of Autoliv from $146.00 to $141.00 and set an “outperform” rating for the company in a research note on Monday, February 2nd. Evercore dropped their price objective on Autoliv from $150.00 to $145.00 and set an “outperform” rating on the stock in a report on Monday, February 2nd. Wolfe Research set a $143.00 target price on Autoliv in a research report on Monday, January 12th. Finally, Robert W. Baird set a $132.00 target price 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 stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $135.71.

Insider Buying and Selling

In related news, CEO Mikael Bratt sold 8,974 shares of the stock in a transaction dated 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 completion of the transaction, the chief executive officer directly owned 29,290 shares of the company’s stock, valued at $3,617,607.90. This represents a 23.45% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, EVP Christian Swahn sold 1,478 shares of the firm’s stock in a transaction dated Tuesday, February 24th. The shares were sold at an average price of $122.03, for a total transaction of $180,360.34. Following the completion of the sale, the executive vice president owned 5,314 shares of the company’s stock, valued at approximately $648,467.42. The trade was a 21.76% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 22,243 shares of company stock worth $2,713,735. 0.20% of the stock is currently owned by insiders.

Autoliv Trading Up 0.1%

Shares of ALV stock opened at $105.08 on Thursday. The company has a market capitalization of $7.85 billion, a P/E ratio of 10.99, a price-to-earnings-growth ratio of 0.88 and a beta of 1.32. 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 business’s 50 day moving average is $118.15 and its two-hundred day moving average is $120.04. Autoliv, Inc. has a twelve month low of $75.49 and a twelve 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, topping the consensus estimate of $2.85 by $0.34. Autoliv had a return on equity of 30.42% and a net margin of 6.80%.The business had revenue of $2.82 billion during the quarter, compared to analysts’ expectations of $2.77 billion. During the same quarter in the prior year, the business earned $3.05 earnings per share. The company’s quarterly revenue was up 7.7% compared to the same quarter last year. Equities analysts forecast that Autoliv, Inc. will post 9.51 EPS for the current year.

Autoliv Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, March 19th. Stockholders of record on Wednesday, March 4th were paid a $0.87 dividend. This represents a $3.48 annualized dividend and a dividend yield of 3.3%. The ex-dividend date was Wednesday, March 4th. Autoliv’s dividend payout ratio (DPR) is 36.40%.

Autoliv 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.