Register Financial Advisors LLC Makes New $36,000 Investment in Autoliv, Inc. (NYSE:ALV)

Register Financial Advisors LLC bought a new position in shares of Autoliv, Inc. (NYSE:ALV) in the first quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 301 shares of the auto parts company’s stock, valued at approximately $36,000.

Other large investors have also recently added to or reduced their stakes in the company. Benjamin F. Edwards & Company Inc. acquired a new position in shares of Autoliv during the 4th quarter worth about $27,000. Rise Advisors LLC boosted its stake in shares of Autoliv by 84.1% during the 4th quarter. Rise Advisors LLC now owns 267 shares of the auto parts company’s stock worth $29,000 after buying an additional 122 shares during the last quarter. Parallel Advisors LLC boosted its stake in shares of Autoliv by 83.8% during the 4th quarter. Parallel Advisors LLC now owns 489 shares of the auto parts company’s stock worth $54,000 after buying an additional 223 shares during the last quarter. TFO Wealth Partners LLC boosted its stake in shares of Autoliv by 15,425.0% during the 4th quarter. TFO Wealth Partners LLC now owns 621 shares of the auto parts company’s stock worth $68,000 after buying an additional 617 shares during the last quarter. Finally, Quadrant Capital Group LLC boosted its stake in shares of Autoliv by 38.6% during the 4th quarter. Quadrant Capital Group LLC now owns 922 shares of the auto parts company’s stock worth $102,000 after buying an additional 257 shares during the last quarter. Institutional investors own 69.57% of the company’s stock.

Insider Activity at Autoliv

In other Autoliv news, Director Jan Carlson sold 1,900 shares of Autoliv stock in a transaction on Friday, May 31st. The shares were sold at an average price of $126.75, for a total value of $240,825.00. Following the completion of the sale, the director now directly owns 77,493 shares of the company’s stock, valued at $9,822,237.75. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. 0.20% of the stock is owned by company insiders.

Autoliv Price Performance

ALV stock opened at $106.99 on Friday. The firm has a market cap of $8.71 billion, a price-to-earnings ratio of 16.69, a PEG ratio of 0.66 and a beta of 1.65. The company has a quick ratio of 0.82, a current ratio of 1.10 and a debt-to-equity ratio of 0.75. Autoliv, Inc. has a 12-month low of $83.69 and a 12-month high of $129.38. The company’s fifty day simple moving average is $119.26 and its 200 day simple moving average is $114.55.

Autoliv (NYSE:ALV) last released its earnings results on Friday, April 26th. The auto parts company reported $1.58 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.40 by $0.18. The business had revenue of $2.62 billion for the quarter, compared to analyst estimates of $2.57 billion. Autoliv had a net margin of 5.10% and a return on equity of 29.84%. On average, analysts expect that Autoliv, Inc. will post 9.74 earnings per share for the current year.

Autoliv Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, June 12th. Investors of record on Thursday, May 23rd were issued a $0.68 dividend. The ex-dividend date was Wednesday, May 22nd. This represents a $2.72 annualized dividend and a yield of 2.54%. Autoliv’s payout ratio is 42.43%.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on the stock. Mizuho raised their target price on shares of Autoliv from $115.00 to $135.00 and gave the company a “buy” rating in a research note on Monday, March 25th. Bank of America raised their target price on shares of Autoliv from $135.00 to $145.00 and gave the company a “buy” rating in a research note on Monday, April 29th. Barclays raised their target price on shares of Autoliv from $120.00 to $125.00 and gave the company an “equal weight” rating in a research note on Monday, April 29th. UBS Group upgraded shares of Autoliv from a “neutral” rating to a “buy” rating and raised their target price for the company from $102.00 to $141.00 in a research note on Tuesday, May 28th. Finally, BNP Paribas initiated coverage on shares of Autoliv in a report on Tuesday, June 18th. They issued a “neutral” rating on the stock. Eight investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to data from MarketBeat.com, Autoliv has a consensus rating of “Hold” and an average price target of $128.90.

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.