Shelter Rock Management LLC Buys Shares of 6,711 Autoliv, Inc. $ALV

Shelter Rock Management LLC bought a new stake in shares of Autoliv, Inc. (NYSE:ALV) in the fourth quarter, Holdings Channel reports. The firm bought 6,711 shares of the auto parts company’s stock, valued at approximately $797,000. Autoliv makes up 0.8% of Shelter Rock Management LLC’s investment portfolio, making the stock its 20th largest holding.

A number of other institutional investors also recently modified their holdings of ALV. Torren Management LLC acquired a new stake in shares of Autoliv during the 4th quarter valued at $25,000. IFP Advisors Inc boosted its stake in shares of Autoliv by 110.3% during the 3rd quarter. IFP Advisors Inc now owns 204 shares of the auto parts company’s stock valued at $25,000 after buying an additional 107 shares during the period. Root Financial Partners LLC acquired a new stake in shares of Autoliv during the 3rd quarter valued at $32,000. Quarry LP acquired a new stake in shares of Autoliv during the 3rd quarter valued at $36,000. Finally, Johnson Financial Group Inc. acquired a new stake in shares of Autoliv during the 3rd quarter valued at $37,000. Institutional investors and hedge funds own 69.57% of the company’s stock.

Insider Transactions at Autoliv

In related news, EVP Per Jonas Jademyr sold 1,278 shares of Autoliv stock in a transaction on Tuesday, February 24th. The shares were sold at an average price of $122.03, for a total value of $155,954.34. Following the transaction, the executive vice president owned 1,963 shares in the company, valued at $239,544.89. This trade represents a 39.43% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Mikael Bratt sold 8,974 shares of Autoliv stock in a transaction on Tuesday, February 24th. The stock was sold at an average price of $123.51, for a total transaction of $1,108,378.74. Following the completion of the transaction, the chief executive officer owned 29,290 shares in the company, valued at $3,617,607.90. This trade represents a 23.45% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 22,124 shares of company stock worth $2,698,873. Corporate insiders own 0.34% of the company’s stock.

Autoliv Stock Performance

Shares of ALV opened at $122.79 on Friday. The company has a market capitalization of $9.19 billion, a PE ratio of 13.20, a price-to-earnings-growth ratio of 0.82 and a beta of 1.31. Autoliv, Inc. has a one year low of $98.45 and a one year high of $130.14. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.08 and a quick ratio of 0.82. The company’s fifty day moving average price is $111.70 and its 200 day moving average price is $117.73.

Autoliv (NYSE:ALV) last announced its earnings results on Saturday, April 18th. The auto parts company reported $2.05 EPS for the quarter, topping the consensus estimate of $1.84 by $0.21. The firm had revenue of $2.75 billion for the quarter, compared to the consensus estimate of $2.61 billion. Autoliv had a net margin of 6.45% and a return on equity of 29.03%. The business’s quarterly revenue was up 6.8% on a year-over-year basis. During the same quarter last year, the firm posted $2.15 EPS. As a group, analysts expect that Autoliv, Inc. will post 10.53 earnings per share for the current year.

Autoliv Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, June 8th. Investors of record on Wednesday, May 20th will be issued a $0.87 dividend. This represents a $3.48 annualized dividend and a yield of 2.8%. The ex-dividend date is Wednesday, May 20th. Autoliv’s dividend payout ratio (DPR) is 37.42%.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the stock. Weiss Ratings lowered shares of Autoliv from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, May 6th. TD Cowen reduced their price objective on shares of Autoliv from $150.00 to $147.00 and set a “buy” rating for the company in a research note on Wednesday, April 15th. Evercore reduced their price objective on shares of Autoliv from $150.00 to $145.00 and set an “outperform” rating for the company in a research note on Monday, February 2nd. Wells Fargo & Company set a $116.00 price objective on shares of Autoliv in a research note on Monday, April 20th. Finally, Barclays reduced their price objective on shares of Autoliv from $140.00 to $135.00 and set an “overweight” rating for the company in a research note on Monday, March 30th. Eight investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat, Autoliv presently has an average rating of “Moderate Buy” and a consensus target price of $135.00.

Autoliv Company Profile

Autoliv Inc (NYSE: ALV) is a leading global supplier of automotive safety systems, specializing in the design, development and manufacture of passive and active safety products. Its core product portfolio includes airbags, seatbelts, steering wheels, restraint control modules and pedestrian protection systems. In recent years, the company has also expanded into active safety technologies, offering radar, camera and sensor solutions that support advanced driver assistance systems (ADAS) and autonomous driving applications.

Founded in 1997 following the spin-off of Electrolux’s automotive safety business, Autoliv has evolved into a multinational organization with a presence in over 27 countries.