Leonteq Securities AG Has $732,000 Stock Holdings in Autoliv, Inc. $ALV

Leonteq Securities AG raised its holdings in Autoliv, Inc. (NYSE:ALV) by 333.1% during the first quarter, Holdings Channel reports. The institutional investor owned 6,965 shares of the auto parts company’s stock after buying an additional 5,357 shares during the quarter. Leonteq Securities AG’s holdings in Autoliv were worth $732,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the business. UMB Bank n.a. raised its holdings in shares of Autoliv by 11.0% in the 4th quarter. UMB Bank n.a. now owns 825 shares of the auto parts company’s stock worth $98,000 after acquiring an additional 82 shares during the last quarter. CIBC Private Wealth Group LLC boosted its stake in Autoliv by 5.2% during the 4th quarter. CIBC Private Wealth Group LLC now owns 1,677 shares of the auto parts company’s stock valued at $199,000 after purchasing an additional 83 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its holdings in Autoliv by 21.6% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 552 shares of the auto parts company’s stock worth $66,000 after purchasing an additional 98 shares in the last quarter. Fifth Third Wealth Advisors LLC increased its holdings in Autoliv by 5.1% during the 1st quarter. Fifth Third Wealth Advisors LLC now owns 2,037 shares of the auto parts company’s stock worth $214,000 after purchasing an additional 99 shares in the last quarter. Finally, IFP Advisors Inc raised its stake in shares of Autoliv by 110.3% in the third quarter. IFP Advisors Inc now owns 204 shares of the auto parts company’s stock worth $25,000 after purchasing an additional 107 shares during the last quarter. 69.57% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Autoliv

In other news, Director Jan Carlson sold 19,607 shares of the stock in a transaction that occurred on Friday, June 12th. The shares were sold at an average price of $130.00, for a total transaction of $2,548,910.00. Following the completion of the transaction, the director directly owned 60,000 shares of the company’s stock, valued at $7,800,000. This represents a 24.63% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.34% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on ALV shares. TD Cowen dropped their target price on Autoliv from $150.00 to $147.00 and set a “buy” rating on the stock in a report on Wednesday, April 15th. Bank of America assumed coverage on Autoliv in a research report on Thursday, April 16th. They issued a “buy” rating and a $140.00 price target for the company. Barclays dropped their price objective on Autoliv from $140.00 to $135.00 and set an “overweight” rating on the stock in a research note on Monday, March 30th. Robert W. Baird lifted their price objective on shares of Autoliv from $119.00 to $130.00 and gave the stock a “neutral” rating in a report on Monday, April 20th. Finally, Wall Street Zen lowered shares of Autoliv from a “buy” rating to a “hold” rating in a research note on Saturday. Eight analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $135.27.

Autoliv Trading Up 0.0%

NYSE ALV opened at $116.27 on Friday. The stock has a market capitalization of $8.70 billion, a price-to-earnings ratio of 12.50, a PEG ratio of 0.78 and a beta of 1.35. Autoliv, Inc. has a one year low of $99.16 and a one year high of $132.17. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.08 and a quick ratio of 0.82. The business’s fifty day moving average is $121.19 and its 200-day moving average is $118.60.

Autoliv (NYSE:ALV) last posted its quarterly earnings results on Saturday, April 18th. The auto parts company reported $2.05 earnings per share for the quarter, beating the consensus estimate of $1.84 by $0.21. Autoliv had a net margin of 6.45% and a return on equity of 29.03%. The company had revenue of $2.75 billion during the quarter, compared to analyst estimates of $2.61 billion. During the same quarter in the prior year, the business earned $2.15 earnings per share. The firm’s revenue for the quarter was up 6.8% on a year-over-year basis. Equities research analysts predict that Autoliv, Inc. will post 10.53 EPS for the current year.

Autoliv Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, June 8th. Shareholders of record on Wednesday, May 20th were paid a $0.87 dividend. This represents a $3.48 dividend on an annualized basis and a yield of 3.0%. The ex-dividend date was Wednesday, May 20th. Autoliv’s payout ratio is presently 37.42%.

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.