Toth Financial Advisory Corp Acquires 1,650 Shares of Autoliv, Inc. (NYSE:ALV)

Toth Financial Advisory Corp increased its holdings in shares of Autoliv, Inc. (NYSE:ALV) by 21.0% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,524 shares of the auto parts company’s stock after purchasing an additional 1,650 shares during the period. Toth Financial Advisory Corp’s holdings in Autoliv were worth $1,147,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of ALV. Benjamin F. Edwards & Company Inc. acquired a new stake in Autoliv in the 4th quarter valued at approximately $27,000. Rise Advisors LLC raised its position in Autoliv by 84.1% in the 4th quarter. Rise Advisors LLC now owns 267 shares of the auto parts company’s stock valued at $29,000 after buying an additional 122 shares during the last quarter. Register Financial Advisors LLC acquired a new stake in Autoliv in the 1st quarter valued at approximately $36,000. Parallel Advisors LLC raised its position in Autoliv by 83.8% in the 4th quarter. Parallel Advisors LLC now owns 489 shares of the auto parts company’s stock valued at $54,000 after buying an additional 223 shares during the last quarter. Finally, TFO Wealth Partners LLC raised its position in Autoliv by 15,425.0% in the 4th quarter. TFO Wealth Partners LLC now owns 621 shares of the auto parts company’s stock valued at $68,000 after buying an additional 617 shares during the last quarter. Institutional investors and hedge funds own 69.57% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on ALV. StockNews.com lowered Autoliv from a “strong-buy” rating to a “buy” rating in a research report on Thursday, June 13th. Robert W. Baird boosted their price target on Autoliv from $133.00 to $135.00 and gave the stock a “neutral” rating in a research report on Monday, April 29th. Bank of America boosted their price target on Autoliv from $135.00 to $145.00 and gave the stock a “buy” rating in a research report on Monday, April 29th. UBS Group raised Autoliv from a “neutral” rating to a “buy” rating and boosted their price target for the stock from $102.00 to $141.00 in a research report on Tuesday, May 28th. Finally, Wells Fargo & Company lowered their price target on Autoliv from $128.00 to $122.00 and set an “equal weight” rating on the stock in a research report on Tuesday, June 25th. Eight research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $128.90.

Insider Activity at Autoliv

In related news, Director Jan Carlson sold 1,900 shares of the business’s stock in a transaction on Friday, May 31st. The stock was 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 in the company, valued at approximately $9,822,237.75. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.20% of the stock is currently owned by corporate insiders.

Autoliv Stock Performance

Shares of NYSE ALV opened at $106.99 on Friday. The company has a current ratio of 1.10, a quick ratio of 0.82 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 stock has a 50 day moving average of $119.26 and a 200-day moving average of $114.64. The company has a market capitalization of $8.71 billion, a P/E ratio of 16.69, a P/E/G ratio of 0.65 and a beta of 1.65.

Autoliv (NYSE:ALV) last issued its earnings results on Friday, April 26th. The auto parts company reported $1.58 EPS for the quarter, topping the consensus estimate of $1.40 by $0.18. The company had revenue of $2.62 billion during the quarter, compared to the consensus estimate of $2.57 billion. Autoliv had a return on equity of 29.84% and a net margin of 5.10%. As a group, equities research analysts predict that Autoliv, Inc. will post 9.74 EPS for the current year.

Autoliv Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, June 12th. Investors of record on Thursday, May 23rd were paid 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 dividend payout ratio (DPR) is presently 42.43%.

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.