Autoliv, Inc. (NYSE:ALV) Shares Sold by Farther Finance Advisors LLC

Farther Finance Advisors LLC lowered its stake in shares of Autoliv, Inc. (NYSE:ALV) by 15.8% during the fourth quarter, Holdings Channel reports. The fund owned 1,921 shares of the auto parts company’s stock after selling 361 shares during the quarter. Farther Finance Advisors LLC’s holdings in Autoliv were worth $180,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Geode Capital Management LLC boosted its stake in shares of Autoliv by 10.8% during 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 last quarter. JPMorgan Chase & Co. boosted its stake in shares of Autoliv by 38.3% during the third quarter. JPMorgan Chase & Co. now owns 276,315 shares of the auto parts company’s stock valued at $25,800,000 after acquiring an additional 76,510 shares during the last quarter. Quantbot Technologies LP lifted its position in Autoliv by 1,437.4% during the third quarter. Quantbot Technologies LP now owns 51,994 shares of the auto parts company’s stock worth $4,855,000 after buying an additional 48,612 shares during the period. HITE Hedge Asset Management LLC lifted its position in Autoliv by 32.9% during the third quarter. HITE Hedge Asset Management LLC now owns 135,424 shares of the auto parts company’s stock worth $12,645,000 after buying an additional 33,490 shares during the period. Finally, ABC Arbitrage SA purchased a new position in Autoliv during the fourth quarter worth about $394,000. Institutional investors and hedge funds own 69.57% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts recently weighed in on ALV shares. Pareto Securities downgraded Autoliv to a “hold” rating in a research report on Monday, February 3rd. Mizuho reduced their target price on Autoliv from $115.00 to $112.00 and set an “outperform” rating on the stock in a research report on Monday, February 3rd. StockNews.com upgraded Autoliv from a “hold” rating to a “buy” rating in a research report on Friday, March 14th. Daiwa America upgraded Autoliv from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, January 7th. Finally, Wells Fargo & Company reduced their target price on Autoliv from $101.00 to $97.00 and set an “equal weight” rating on the stock in a research report on Monday, December 16th. Nine research analysts have rated the stock with a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, Autoliv has a consensus rating of “Moderate Buy” and a consensus price target of $117.14.

Autoliv Price Performance

ALV stock opened at $91.38 on Thursday. 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, Inc. has a 1 year low of $87.55 and a 1 year high of $129.38. The firm has a market cap of $7.10 billion, a P/E ratio of 11.32, a price-to-earnings-growth ratio of 0.73 and a beta of 1.59. The stock has a 50-day simple moving average of $96.11 and a 200-day simple moving average of $95.92.

Autoliv (NYSE:ALV) last posted its earnings results on Friday, January 31st. The auto parts company reported $3.05 earnings per share (EPS) for the quarter, beating 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 analysts predict that Autoliv, Inc. will post 9.51 earnings per share for the current fiscal year.

Autoliv Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 24th. Shareholders of record on Friday, March 7th will be paid a dividend of $0.70 per share. The ex-dividend date of this dividend is Friday, March 7th. This represents a $2.80 dividend on an annualized basis and a yield of 3.06%. Autoliv’s dividend payout ratio (DPR) is presently 34.70%.

Insider Buying and Selling at Autoliv

In other Autoliv news, insider Magnus Jarlegren sold 1,289 shares of the firm’s stock in a transaction that occurred on Tuesday, February 25th. The stock was sold at an average price of $98.83, for a total transaction of $127,391.87. Following the completion of the sale, the insider now owns 6,142 shares in the company, valued at $607,013.86. This trade represents a 17.35 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Per Jonas Jademyr sold 401 shares of the firm’s stock in a transaction that occurred on Tuesday, February 25th. The shares were sold at an average price of $98.85, for a total value of $39,638.85. Following the sale, the executive vice president now owns 685 shares of the company’s stock, valued at approximately $67,712.25. This trade represents a 36.92 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 9,253 shares of company stock worth $915,534 in the last 90 days. 0.20% of the stock is owned by corporate insiders.

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.