Edmond DE Rothschild Holding S.A. Decreases Position in Autoliv, Inc. (NYSE:ALV)

Edmond DE Rothschild Holding S.A. decreased its position in shares of Autoliv, Inc. (NYSE:ALV) by 7.6% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 2,171 shares of the auto parts company’s stock after selling 178 shares during the period. Edmond DE Rothschild Holding S.A.’s holdings in Autoliv were worth $204,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Mondrian Investment Partners LTD lifted its position in Autoliv by 4.5% in the 4th quarter. Mondrian Investment Partners LTD now owns 1,378,636 shares of the auto parts company’s stock valued at $133,259,000 after acquiring an additional 59,592 shares in the last quarter. Wellington Management Group LLP raised its stake in shares of Autoliv by 12.5% in the fourth quarter. Wellington Management Group LLP now owns 1,023,937 shares of the auto parts company’s stock worth $96,035,000 after purchasing an additional 113,500 shares during the last quarter. Geode Capital Management LLC lifted its holdings 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 purchasing an additional 95,888 shares in the last quarter. Lancaster Investment Management boosted its position in shares of Autoliv by 17.7% during the fourth quarter. Lancaster Investment Management now owns 568,821 shares of the auto parts company’s stock valued at $53,350,000 after buying an additional 85,732 shares during the last quarter. Finally, Bank of New York Mellon Corp increased its holdings in Autoliv by 3.9% in the 4th quarter. Bank of New York Mellon Corp now owns 406,348 shares of the auto parts company’s stock worth $38,111,000 after buying an additional 15,202 shares in the last quarter. Institutional investors own 69.57% of the company’s stock.

Autoliv Stock Up 0.9 %

ALV stock opened at $90.30 on Thursday. The business’s 50-day moving average price is $94.92 and its 200-day moving average price is $95.49. The stock has a market cap of $6.99 billion, a P/E ratio of 11.19, a PEG ratio of 0.73 and a beta of 1.59. The company has a quick ratio of 0.71, a current ratio of 0.96 and a debt-to-equity ratio of 0.67. Autoliv, Inc. has a twelve month low of $87.55 and a twelve month high of $129.38.

Autoliv (NYSE:ALV) last announced its quarterly earnings data on Friday, January 31st. The auto parts company reported $3.05 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.84 by $0.21. Autoliv had a net margin of 6.21% and a return on equity of 28.62%. On average, equities research analysts forecast that Autoliv, Inc. will post 9.51 EPS for the current year.

Autoliv Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 24th. Shareholders of record on Friday, March 7th were issued a dividend of $0.70 per share. The ex-dividend date was Friday, March 7th. This represents a $2.80 dividend on an annualized basis and a yield of 3.10%. Autoliv’s dividend payout ratio is presently 34.70%.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on ALV shares. Pareto Securities cut shares of Autoliv to a “hold” rating in a research note on Monday, February 3rd. Hsbc Global Res cut shares of Autoliv from a “strong-buy” rating to a “hold” rating in a report on Tuesday, February 4th. Daiwa America upgraded shares of Autoliv from a “hold” rating to a “strong-buy” rating in a report on Tuesday, January 7th. TD Cowen began coverage on shares of Autoliv in a research note on Friday, March 7th. They set a “buy” rating and a $116.00 target price for the company. Finally, Mizuho lowered their price target on Autoliv from $115.00 to $112.00 and set an “outperform” rating on the stock in a report on Monday, February 3rd. Nine equities research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $117.14.

Insider Activity

In related news, CEO Mikael Bratt sold 5,760 shares of Autoliv stock in a transaction that occurred on Tuesday, February 25th. The stock was sold at an average price of $98.90, for a total transaction of $569,664.00. Following the sale, the chief executive officer now owns 23,307 shares of the company’s stock, valued at approximately $2,305,062.30. This trade represents a 19.82 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Fredrik Westin sold 1,803 shares of the company’s stock in a transaction that occurred on Tuesday, February 25th. The stock was sold at an average price of $99.19, for a total value of $178,839.57. Following the completion of the transaction, the chief financial officer now owns 7,261 shares of the company’s stock, valued at $720,218.59. The trade was a 19.89 % 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. Corporate insiders own 0.24% of the company’s stock.

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.