Banco de Sabadell S.A Decreases Stake in Autoliv, Inc. (NYSE:ALV)

Banco de Sabadell S.A decreased its position in Autoliv, Inc. (NYSE:ALV) by 3.7% during the 4th quarter, Holdings Channel reports. The firm owned 3,354 shares of the auto parts company’s stock after selling 130 shares during the period. Banco de Sabadell S.A’s holdings in Autoliv were worth $316,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in ALV. FMR LLC raised its stake in shares of Autoliv by 6.1% during the third quarter. FMR LLC now owns 6,504,605 shares of the auto parts company’s stock valued at $607,335,000 after acquiring an additional 376,665 shares during the last quarter. Swedbank AB grew its stake in shares of Autoliv by 8.7% in the third quarter. Swedbank AB now owns 2,567,281 shares of the auto parts company’s stock worth $239,707,000 after purchasing an additional 205,241 shares during the last quarter. Massachusetts Financial Services Co. MA increased its holdings in Autoliv by 83.9% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 417,992 shares of the auto parts company’s stock valued at $39,028,000 after purchasing an additional 190,654 shares during the period. Wellington Management Group LLP raised its position in Autoliv by 21.2% during the 3rd quarter. Wellington Management Group LLP now owns 910,437 shares of the auto parts company’s stock valued at $85,008,000 after purchasing an additional 159,067 shares during the last quarter. Finally, Jane Street Group LLC lifted its holdings in Autoliv by 94.2% in the 3rd quarter. Jane Street Group LLC now owns 210,989 shares of the auto parts company’s stock worth $19,700,000 after buying an additional 102,362 shares during the period. Institutional investors own 69.57% of the company’s stock.

Autoliv Stock Down 1.6 %

ALV stock opened at $89.39 on Friday. The business has a 50 day moving average of $95.97 and a 200 day moving average of $95.77. The firm has a market cap of $6.95 billion, a PE ratio of 11.08, a price-to-earnings-growth ratio of 0.73 and a beta of 1.59. Autoliv, Inc. has a twelve month low of $87.55 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 issued its quarterly earnings results on Friday, January 31st. The auto parts company reported $3.05 earnings per share for the quarter, beating the consensus estimate of $2.84 by $0.21. Autoliv had a return on equity of 28.62% and a net margin of 6.21%. On average, research analysts forecast that Autoliv, Inc. will post 9.51 EPS for the current fiscal year.

Autoliv Dividend Announcement

The company 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. The ex-dividend date of this dividend is Friday, March 7th. This represents a $2.80 annualized dividend and a yield of 3.13%. Autoliv’s dividend payout ratio (DPR) is presently 34.70%.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the company. Daiwa America raised Autoliv from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, January 7th. Hsbc Global Res downgraded shares of Autoliv from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, February 4th. HSBC lowered shares of Autoliv from a “buy” rating to a “hold” rating and decreased their price objective for the stock from $109.00 to $100.00 in a report on Tuesday, February 4th. Pareto Securities cut shares of Autoliv to a “hold” rating in a research report on Monday, February 3rd. Finally, StockNews.com upgraded shares of Autoliv from a “hold” rating to a “buy” rating in a report on Friday, March 14th. Nine analysts have rated the stock with a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $117.14.

Insider Transactions at Autoliv

In other news, CFO Fredrik Westin sold 1,803 shares of the business’s stock in a transaction on Tuesday, February 25th. The stock was sold at an average price of $99.19, for a total value of $178,839.57. Following the completion of the transaction, the chief financial officer now owns 7,261 shares in the company, valued at $720,218.59. The trade was a 19.89 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Magnus Jarlegren sold 1,289 shares of the stock in a transaction on Tuesday, February 25th. The shares were sold at an average price of $98.83, for a total value of $127,391.87. Following the sale, the insider now directly owns 6,142 shares in the company, valued at $607,013.86. This trade represents a 17.35 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 9,253 shares of company stock worth $915,534. Corporate insiders own 0.20% of the company’s stock.

Autoliv Company 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.