Autoliv, Inc. (NYSE:ALV) Shares Sold by Dana Investment Advisors Inc.

Dana Investment Advisors Inc. lessened its holdings in shares of Autoliv, Inc. (NYSE:ALV) by 2.6% during the 4th quarter, Holdings Channel.com reports. The fund owned 72,274 shares of the auto parts company’s stock after selling 1,958 shares during the period. Dana Investment Advisors Inc.’s holdings in Autoliv were worth $6,779,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Swedbank AB raised its stake in Autoliv by 8.7% during the 3rd quarter. Swedbank AB now owns 2,567,281 shares of the auto parts company’s stock worth $239,707,000 after acquiring an additional 205,241 shares in the last quarter. State of Alaska Department of Revenue increased its position in shares of Autoliv by 7.2% during the third quarter. State of Alaska Department of Revenue now owns 8,561 shares of the auto parts company’s stock worth $799,000 after purchasing an additional 575 shares in the last quarter. Farther Finance Advisors LLC increased its position in shares of Autoliv by 2,115.5% during the third quarter. Farther Finance Advisors LLC now owns 2,282 shares of the auto parts company’s stock worth $213,000 after purchasing an additional 2,179 shares in the last quarter. Janney Montgomery Scott LLC lifted its holdings in shares of Autoliv by 15.5% in the 3rd quarter. Janney Montgomery Scott LLC now owns 8,612 shares of the auto parts company’s stock valued at $804,000 after purchasing an additional 1,153 shares during the last quarter. Finally, Van ECK Associates Corp boosted its position in shares of Autoliv by 40.0% in the 3rd quarter. Van ECK Associates Corp now owns 48,391 shares of the auto parts company’s stock valued at $4,670,000 after purchasing an additional 13,827 shares during the period. Institutional investors and hedge funds own 69.57% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have commented on the company. Hsbc Global Res lowered Autoliv from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, February 4th. Mizuho cut their target price on shares of Autoliv from $115.00 to $112.00 and set an “outperform” rating on the stock in a report on Monday, February 3rd. StockNews.com upgraded shares of Autoliv from a “hold” rating to a “buy” rating in a research note on Wednesday. Daiwa America raised shares of Autoliv from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, January 7th. Finally, Daiwa Capital Markets upgraded shares of Autoliv from a “neutral” rating to an “outperform” rating and set a $109.00 target price for the company in a research note on Tuesday, January 7th. Nine investment analysts have rated the stock with a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, Autoliv has an average rating of “Moderate Buy” and a consensus target price of $117.23.

Insider Buying and Selling

In other Autoliv news, insider Magnus Jarlegren sold 1,289 shares of the firm’s 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 sale, the insider now directly owns 6,142 shares in the company, valued at approximately $607,013.86. This trade represents a 17.35 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Mikael Bratt sold 5,760 shares of Autoliv stock in a transaction dated Tuesday, February 25th. The shares were sold at an average price of $98.90, for a total transaction of $569,664.00. Following the completion of the sale, the chief executive officer now owns 23,307 shares in the company, valued at approximately $2,305,062.30. This represents a 19.82 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 9,253 shares of company stock worth $915,534 over the last ninety days. 0.20% of the stock is owned by insiders.

Autoliv Price Performance

ALV opened at $97.43 on Friday. Autoliv, Inc. has a twelve month low of $89.51 and a twelve month high of $129.38. The firm has a market cap of $7.57 billion, a price-to-earnings ratio of 12.07, a PEG ratio of 0.73 and a beta of 1.58. The company has a current ratio of 0.96, a quick ratio of 0.71 and a debt-to-equity ratio of 0.67. The company has a fifty day simple moving average of $96.38 and a 200 day simple moving average of $96.56.

Autoliv (NYSE:ALV) last posted its quarterly earnings data on Friday, January 31st. The auto parts company reported $3.05 earnings per share (EPS) for the quarter, topping 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%. Equities research analysts expect that Autoliv, Inc. will post 9.51 EPS for the current fiscal year.

Autoliv Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, March 24th. Investors of record on Friday, March 7th will be given a dividend of $0.70 per share. This represents a $2.80 annualized dividend and a dividend yield of 2.87%. The ex-dividend date of this dividend is Friday, March 7th. Autoliv’s dividend payout ratio is currently 34.70%.

About Autoliv

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.