Inceptionr LLC Sells 1,087 Shares of Autoliv, Inc. (NYSE:ALV)

Inceptionr LLC decreased its holdings in shares of Autoliv, Inc. (NYSE:ALV) by 7.0% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 14,421 shares of the auto parts company’s stock after selling 1,087 shares during the period. Inceptionr LLC’s holdings in Autoliv were worth $1,353,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. UMB Bank n.a. raised its position in Autoliv by 139.5% during the 4th quarter. UMB Bank n.a. now owns 273 shares of the auto parts company’s stock valued at $26,000 after purchasing an additional 159 shares during the last quarter. Fred Alger Management LLC bought a new position in Autoliv during the 3rd quarter valued at approximately $45,000. Farther Finance Advisors LLC raised its position in Autoliv by 2,115.5% during the 3rd quarter. Farther Finance Advisors LLC now owns 2,282 shares of the auto parts company’s stock valued at $213,000 after purchasing an additional 2,179 shares during the last quarter. CIBC Asset Management Inc raised its position in Autoliv by 5.2% during the 4th quarter. CIBC Asset Management Inc now owns 2,501 shares of the auto parts company’s stock valued at $235,000 after purchasing an additional 124 shares during the last quarter. Finally, Blueshift Asset Management LLC raised its position in Autoliv by 14.6% during the 3rd quarter. Blueshift Asset Management LLC now owns 2,629 shares of the auto parts company’s stock valued at $245,000 after purchasing an additional 334 shares during the last quarter. Institutional investors own 69.57% of the company’s stock.

Wall Street Analyst Weigh In

ALV has been the topic of a number of research analyst reports. Mizuho reduced their target price on Autoliv from $115.00 to $112.00 and set an “outperform” rating on the stock in a report on Monday, February 3rd. Daiwa Capital Markets upgraded Autoliv from a “neutral” rating to an “outperform” rating and set a $109.00 target price on the stock in a report on Tuesday, January 7th. HSBC downgraded Autoliv from a “buy” rating to a “hold” rating and reduced their target price for the stock from $109.00 to $100.00 in a report on Tuesday, February 4th. Hsbc Global Res downgraded Autoliv from a “strong-buy” rating to a “hold” rating in a report on Tuesday, February 4th. Finally, Pareto Securities downgraded Autoliv to a “hold” rating in a report on Monday, February 3rd. Nine research analysts have rated the stock with a hold rating, eight have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, Autoliv currently has a consensus rating of “Moderate Buy” and an average price target of $117.23.

Insiders Place Their Bets

In other Autoliv news, insider Magnus Jarlegren sold 1,289 shares of Autoliv stock in a transaction on Tuesday, February 25th. The stock was sold at an average price of $98.83, for a total value of $127,391.87. Following the completion of the sale, the insider now owns 6,142 shares of the company’s stock, valued at approximately $607,013.86. This trade represents a 17.35 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Per Jonas Jademyr sold 401 shares of the firm’s stock in a transaction 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 completion of the transaction, the executive vice president now owns 685 shares in the company, valued at approximately $67,712.25. This trade represents a 36.92 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 9,253 shares of company stock valued at $915,534. Corporate insiders own 0.20% of the company’s stock.

Autoliv Stock Performance

Autoliv stock opened at $98.08 on Thursday. The company has a market capitalization of $7.62 billion, a P/E ratio of 12.15, a PEG ratio of 0.73 and a beta of 1.58. The stock’s 50 day moving average is $96.29 and its 200 day moving average is $96.55. Autoliv, Inc. has a twelve month low of $89.51 and a twelve month high of $129.38. The company has a quick ratio of 0.71, a current ratio of 0.96 and a debt-to-equity ratio of 0.67.

Autoliv (NYSE:ALV) last posted its earnings results on Friday, January 31st. The auto parts company reported $3.05 EPS for the quarter, topping analysts’ consensus estimates of $2.84 by $0.21. Autoliv had a return on equity of 28.62% and a net margin of 6.21%. On average, equities research analysts predict that Autoliv, Inc. will post 9.51 earnings per share for the current fiscal year.

Autoliv Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 24th. Shareholders of record on Friday, March 7th will be issued a $0.70 dividend. This represents a $2.80 dividend on an annualized basis and a dividend yield of 2.85%. The ex-dividend date is Friday, March 7th. Autoliv’s payout ratio is 34.70%.

Autoliv Profile

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.