Autoliv, Inc. (NYSE:ALV) Stock Position Decreased by Amalgamated Bank

Amalgamated Bank decreased its holdings in shares of Autoliv, Inc. (NYSE:ALV) by 5.0% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 31,008 shares of the auto parts company’s stock after selling 1,632 shares during the quarter. Amalgamated Bank’s holdings in Autoliv were worth $2,895,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of ALV. GAMMA Investing LLC raised its position in shares of Autoliv by 62.7% during the 2nd quarter. GAMMA Investing LLC now owns 262 shares of the auto parts company’s stock worth $28,000 after purchasing an additional 101 shares during the period. Quarry LP increased its position in Autoliv by 133.5% in the second quarter. Quarry LP now owns 362 shares of the auto parts company’s stock worth $39,000 after buying an additional 207 shares during the period. Headlands Technologies LLC lifted its stake in Autoliv by 427.6% in the first quarter. Headlands Technologies LLC now owns 823 shares of the auto parts company’s stock valued at $99,000 after buying an additional 667 shares during the last quarter. Benjamin F. Edwards & Company Inc. boosted its holdings in shares of Autoliv by 14.0% during the second quarter. Benjamin F. Edwards & Company Inc. now owns 954 shares of the auto parts company’s stock valued at $102,000 after acquiring an additional 117 shares during the period. Finally, Picton Mahoney Asset Management bought a new position in shares of Autoliv during the second quarter worth about $156,000. Institutional investors own 69.57% of the company’s stock.

Autoliv Stock Performance

NYSE:ALV opened at $98.84 on Monday. The company has a 50-day moving average of $95.34 and a 200-day moving average of $105.32. The firm has a market cap of $7.78 billion, a price-to-earnings ratio of 12.87, a price-to-earnings-growth ratio of 0.85 and a beta of 1.59. The company has a current ratio of 0.96, a quick ratio of 0.71 and a debt-to-equity ratio of 0.69. Autoliv, Inc. has a twelve month low of $89.51 and a twelve month high of $129.38.

Autoliv (NYSE:ALV) last issued its earnings results on Friday, October 18th. The auto parts company reported $1.84 earnings per share for the quarter, missing analysts’ consensus estimates of $2.00 by ($0.16). The business had revenue of $2.56 billion for the quarter, compared to the consensus estimate of $2.52 billion. Autoliv had a return on equity of 30.85% and a net margin of 5.98%. The company’s quarterly revenue was down 1.6% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.66 earnings per share. Analysts forecast that Autoliv, Inc. will post 8.19 earnings per share for the current fiscal year.

Autoliv Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, September 23rd. Stockholders of record on Wednesday, September 4th were given a dividend of $0.68 per share. This represents a $2.72 dividend on an annualized basis and a dividend yield of 2.75%. The ex-dividend date was Wednesday, September 4th. Autoliv’s dividend payout ratio (DPR) is presently 35.42%.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on ALV. Evercore ISI cut their price objective on shares of Autoliv from $150.00 to $140.00 and set an “outperform” rating on the stock in a research report on Monday, July 22nd. Wells Fargo & Company reduced their price objective on Autoliv from $102.00 to $101.00 and set an “equal weight” rating for the company in a research report on Monday, October 21st. Barclays lowered their target price on Autoliv from $115.00 to $110.00 and set an “equal weight” rating on the stock in a research report on Tuesday, October 15th. Hsbc Global Res upgraded Autoliv to a “strong-buy” rating in a research report on Monday, July 15th. Finally, Wolfe Research started coverage on Autoliv in a report on Thursday, September 5th. They set an “outperform” rating and a $120.00 price target on the stock. Six research analysts have rated the stock with a hold rating, nine have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $122.77.

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.