Autoliv, Inc. $ALV Stock Holdings Decreased by Hsbc Holdings PLC

Hsbc Holdings PLC lessened its stake in Autoliv, Inc. (NYSE:ALVFree Report) by 67.0% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 3,840 shares of the auto parts company’s stock after selling 7,791 shares during the quarter. Hsbc Holdings PLC’s holdings in Autoliv were worth $456,000 as of its most recent filing with the SEC.

Other large investors have also modified their holdings of the company. Swedbank AB grew its position in shares of Autoliv by 14.4% in the 4th quarter. Swedbank AB now owns 2,976,700 shares of the auto parts company’s stock worth $353,334,000 after acquiring an additional 375,454 shares in the last quarter. Charles Schwab Investment Management Inc. raised its position in shares of Autoliv by 1.1% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 2,562,641 shares of the auto parts company’s stock valued at $304,185,000 after acquiring an additional 28,415 shares in the last quarter. Dimensional Fund Advisors LP lifted its stake in Autoliv by 2.0% during the fourth quarter. Dimensional Fund Advisors LP now owns 1,881,828 shares of the auto parts company’s stock worth $223,385,000 after purchasing an additional 37,661 shares during the last quarter. Vanguard Group Inc. lifted its stake in Autoliv by 1.1% during the fourth quarter. Vanguard Group Inc. now owns 1,867,396 shares of the auto parts company’s stock worth $221,660,000 after purchasing an additional 21,221 shares during the last quarter. Finally, LSV Asset Management lifted its stake in Autoliv by 6.5% during the fourth quarter. LSV Asset Management now owns 1,681,609 shares of the auto parts company’s stock worth $199,607,000 after purchasing an additional 101,922 shares during the last quarter. Institutional investors own 69.57% of the company’s stock.

Autoliv Stock Down 3.6%

Autoliv stock opened at $120.47 on Friday. The company has a market capitalization of $9.02 billion, a P/E ratio of 12.95, a P/E/G ratio of 0.83 and a beta of 1.35. The firm’s fifty day simple moving average is $121.82 and its 200-day simple moving average is $118.63. Autoliv, Inc. has a 1-year low of $99.16 and a 1-year high of $132.17. The company has a current ratio of 1.08, a quick ratio of 0.82 and a debt-to-equity ratio of 0.64.

Autoliv (NYSE:ALVGet Free Report) last issued its quarterly earnings data on Friday, July 17th. The auto parts company reported $2.43 earnings per share for the quarter, missing analysts’ consensus estimates of $2.46 by ($0.03). The firm had revenue of $2.80 billion during the quarter, compared to analyst estimates of $2.77 billion. Autoliv had a return on equity of 29.03% and a net margin of 6.45%.Autoliv’s quarterly revenue was up 3.3% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $2.21 earnings per share. Sell-side analysts forecast that Autoliv, Inc. will post 10.52 earnings per share for the current fiscal year.

Autoliv Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 8th. Stockholders of record on Wednesday, May 20th were given a dividend of $0.87 per share. The ex-dividend date of this dividend was Wednesday, May 20th. This represents a $3.48 dividend on an annualized basis and a dividend yield of 2.9%. Autoliv’s dividend payout ratio is currently 37.42%.

Analysts Set New Price Targets

Several equities analysts have recently commented on ALV shares. Bank of America started coverage on Autoliv in a report on Thursday, April 16th. They set a “buy” rating and a $140.00 target price for the company. TD Cowen dropped their price objective on shares of Autoliv from $150.00 to $147.00 and set a “buy” rating on the stock in a report on Wednesday, April 15th. Royal Bank Of Canada lifted their price target on Autoliv from $138.00 to $148.00 and gave the company an “outperform” rating in a report on Monday. UBS Group raised their target price on shares of Autoliv from $110.00 to $122.00 and gave the company a “neutral” rating in a research note on Monday, June 15th. Finally, Barclays dropped their price target on shares of Autoliv from $140.00 to $135.00 and set an “overweight” rating on the stock in a research report on Monday, March 30th. Eight analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to MarketBeat.com, Autoliv presently has an average rating of “Moderate Buy” and an average price target of $135.93.

Get Our Latest Research Report on ALV

Insider Buying and Selling at Autoliv

In related news, Director Jan Carlson sold 19,607 shares of the business’s stock in a transaction dated Friday, June 12th. The stock was sold at an average price of $130.00, for a total transaction of $2,548,910.00. Following the transaction, the director directly owned 60,000 shares in the company, valued at $7,800,000. The trade was a 24.63% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Insiders own 0.34% of the company’s stock.

Key Headlines Impacting Autoliv

Here are the key news stories impacting Autoliv this week:

Autoliv Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Autoliv (NYSE:ALV)

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