1 week Ago By ABMN Staff
Prudential Financial Inc. trimmed its position in Autoliv, Inc. ( NYSE:ALV – Free Report ) by 31.
0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,245 shares of the auto parts company’s stock after selling 1,007 shares during the quarter. Prudential Financial Inc.
’s holdings in Autoliv were worth $220,000 at the end of the most recent reporting period. Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Geode Capital Management LLC boosted its position in shares of Autoliv by 10.
8% in the third quarter. Geode Capital Management LLC now owns 987,375 shares of the auto parts company’s stock valued at $92,221,000 after acquiring an additional 95,888 shares during the period. Lancaster Investment Management boosted its holdings in Autoliv by 17.
7% in the 4th quarter. Lancaster Investment Management now owns 568,821 shares of the auto parts company’s stock valued at $53,350,000 after purchasing an additional 85,732 shares during the period. JPMorgan Chase & Co.
grew its position in shares of Autoliv by 38.3% during the 3rd quarter. JPMorgan Chase & Co.
now owns 276,315 shares of the auto parts company’s stock worth $25,800,000 after purchasing an additional 76,510 shares in the last quarter. Mondrian Investment Partners LTD increased its holdings in shares of Autoliv by 4.5% during the fourth quarter.
Mondrian Investment Partners LTD now owns 1,378,636 shares of the auto parts company’s stock worth $133,259,000 after purchasing an additional 59,592 shares during the period. Finally, Raymond James Financial Inc. bought a new position in shares of Autoliv during the fourth quarter worth approximately $3,815,000.
69.57% of the stock is owned by institutional investors and hedge funds. Autoliv Stock Down 4.
4 % Shares of NYSE:ALV opened at $79.60 on Friday. The firm has a market cap of $6.
16 billion, a P/E ratio of 9.86, a PEG ratio of 0.73 and a beta of 1.
47. Autoliv, Inc. has a 52-week low of $75.
49 and a 52-week high of $129.38. The business’s 50 day simple moving average is $91.
84 and its two-hundred day simple moving average is $94.69. The company has a debt-to-equity ratio of 0.
67, a quick ratio of 0.71 and a current ratio of 0.96.
Autoliv Announces Dividend The company also recently declared a quarterly dividend, which was paid on Monday, March 24th. Investors of record on Friday, March 7th were issued a dividend of $0.70 per share.
This represents a $2.80 annualized dividend and a yield of 3.52%.
The ex-dividend date of this dividend was Friday, March 7th. Autoliv’s dividend payout ratio (DPR) is presently 34.70%.
Insiders Place Their Bets In other news, EVP Per Jonas Jademyr sold 401 shares of the business’s stock in a transaction that occurred on Tuesday, February 25th. The stock was sold at an average price of $98.85, for a total value of $39,638.
85. Following the transaction, the executive vice president now owns 685 shares in the company, valued at $67,712.25.
The trade was a 36.92 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink .
Also, CEO Mikael Bratt sold 5,760 shares of the stock in a transaction that occurred on Tuesday, February 25th. The shares were sold at an average price of $98.90, for a total value of $569,664.
00. Following the sale, the chief executive officer now directly owns 23,307 shares of the company’s stock, valued at $2,305,062.30.
The trade was a 19.82 % decrease in their ownership of the stock. The disclosure for this sale can be found here .
In the last ninety days, insiders sold 9,253 shares of company stock valued at $915,534. Corporate insiders own 0.20% of the company’s stock.
Wall Street Analysts Forecast Growth A number of equities research analysts recently issued reports on the company. TD Cowen started coverage on Autoliv in a research report on Friday, March 7th. They set a “buy” rating and a $116.
00 price target on the stock. Mizuho reduced their target price on Autoliv from $112.00 to $95.
00 and set an “outperform” rating on the stock in a report on Thursday. Daiwa Capital Markets raised Autoliv from a “neutral” rating to an “outperform” rating and set a $109.00 price target for the company in a research note on Tuesday, January 7th.
Cowen assumed coverage on shares of Autoliv in a research note on Thursday, March 6th. They set a “buy” rating on the stock. Finally, Hsbc Global Res lowered shares of Autoliv from a “strong-buy” rating to a “hold” rating in a report on Tuesday, February 4th.
Ten equities research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $115.93.
Get Our Latest Report on Autoliv Autoliv Company Profile ( Free Report ) Autoliv, Inc, through its subsidiaries, develops, manufactures, and supplies passive safety systems to the automotive industry in Europe, the Americas, China, Japan, and rest of Asia. It offers passive safety systems, including modules and components for frontal-impact airbag protection systems, side-impact airbag protection systems, seatbelts, steering wheels, and inflator technologies. See Also Want to see what other hedge funds are holding ALV? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for Autoliv, Inc. ( NYSE:ALV – Free Report ). Receive News & Ratings for Autoliv Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Autoliv and related companies with MarketBeat.
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