US Bancorp DE Has $358,000 Stake in Autoliv, Inc. (NYSE:ALV)

US Bancorp DE raised its stake in Autoliv, Inc. (NYSE:ALV) by 3.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 3,820 shares of the auto parts company’s stock after buying an additional 130 shares during the quarter. US Bancorp DE’s holdings in Autoliv were worth $358,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in ALV. UMB Bank n.a. raised its position in shares of Autoliv by 139.5% during the fourth quarter. UMB Bank n.a. now owns 273 shares of the auto parts company’s stock worth $26,000 after purchasing an additional 159 shares during the period. Fred Alger Management LLC acquired a new stake in shares of Autoliv during the third quarter worth about $45,000. CIBC Asset Management Inc raised its position in shares of Autoliv by 5.2% during the fourth quarter. CIBC Asset Management Inc now owns 2,501 shares of the auto parts company’s stock worth $235,000 after purchasing an additional 124 shares during the period. Blueshift Asset Management LLC raised its position in shares of Autoliv by 14.6% during the third quarter. Blueshift Asset Management LLC now owns 2,629 shares of the auto parts company’s stock worth $245,000 after purchasing an additional 334 shares during the period. Finally, Qsemble Capital Management LP acquired a new stake in shares of Autoliv during the third quarter worth about $284,000. Institutional investors and hedge funds own 69.57% of the company’s stock.

Wall Street Analyst Weigh In

ALV has been the topic of a number of research analyst reports. Pareto Securities lowered Autoliv to a “hold” rating in a research report on Monday, February 3rd. Mizuho dropped their price target on Autoliv from $115.00 to $112.00 and set an “outperform” rating on the stock in a research report on Monday, February 3rd. HSBC downgraded Autoliv from a “buy” rating to a “hold” rating and decreased their price objective for the stock from $109.00 to $100.00 in a report on Tuesday, February 4th. Daiwa America upgraded Autoliv from a “hold” rating to a “strong-buy” rating in a report on Tuesday, January 7th. Finally, StockNews.com upgraded Autoliv from a “hold” rating to a “buy” rating in a report on Friday. Nine equities research analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $117.14.

Autoliv Stock Down 3.8 %

ALV stock opened at $87.60 on Friday. The company has a quick ratio of 0.71, a current ratio of 0.96 and a debt-to-equity ratio of 0.67. The business has a 50 day moving average price of $96.51 and a two-hundred day moving average price of $96.34. The company has a market cap of $6.81 billion, a price-to-earnings ratio of 10.85, a P/E/G ratio of 0.73 and a beta of 1.59. Autoliv, Inc. has a twelve month low of $87.55 and a twelve month high of $129.38.

Autoliv (NYSE:ALV) last posted its quarterly earnings results on Friday, January 31st. The auto parts company reported $3.05 earnings per share for the quarter, beating analysts’ consensus estimates of $2.84 by $0.21. Autoliv had a return on equity of 28.62% and a net margin of 6.21%. Analysts anticipate that Autoliv, Inc. will post 9.51 EPS for the current fiscal year.

Autoliv Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 24th. Stockholders of record on Friday, March 7th will be paid a dividend of $0.70 per share. The ex-dividend date of this dividend is Friday, March 7th. This represents a $2.80 annualized dividend and a dividend yield of 3.20%. Autoliv’s dividend payout ratio is currently 34.70%.

Insider Transactions at Autoliv

In related news, CFO Fredrik Westin sold 1,803 shares of Autoliv stock in a transaction that occurred on Tuesday, February 25th. The stock was sold at an average price of $99.19, for a total transaction of $178,839.57. Following the completion of the sale, the chief financial officer now directly owns 7,261 shares of the company’s stock, valued at approximately $720,218.59. This trade represents a 19.89 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Magnus Jarlegren sold 1,289 shares of Autoliv stock in a transaction that occurred on Tuesday, February 25th. The stock was sold at an average price of $98.83, for a total value of $127,391.87. Following the sale, the insider now directly owns 6,142 shares of the company’s stock, valued at approximately $607,013.86. The trade was a 17.35 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 9,253 shares of company stock worth $915,534. 0.20% of the stock is owned by company insiders.

Autoliv 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.