Hancock Whitney Corp Has $10.87 Million Position in Autoliv, Inc. (NYSE:ALV)

Hancock Whitney Corp lessened its position in Autoliv, Inc. (NYSE:ALV) by 0.2% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 101,578 shares of the auto parts company’s stock after selling 194 shares during the quarter. Hancock Whitney Corp owned approximately 0.12% of Autoliv worth $10,868,000 as of its most recent filing with the SEC.

Other institutional investors have also recently bought and sold shares of the company. GAMMA Investing LLC grew its stake 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 acquiring an additional 101 shares in the last quarter. Register Financial Advisors LLC bought a new position in Autoliv in the first quarter valued at $36,000. Parallel Advisors LLC grew its position in Autoliv by 83.8% in the fourth quarter. Parallel Advisors LLC now owns 489 shares of the auto parts company’s stock valued at $54,000 after purchasing an additional 223 shares in the last quarter. Rise Advisors LLC increased its stake in Autoliv by 104.9% in the 1st quarter. Rise Advisors LLC now owns 547 shares of the auto parts company’s stock valued at $66,000 after buying an additional 280 shares during the last quarter. Finally, TFO Wealth Partners LLC lifted its position in 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 in the last quarter. Institutional investors own 69.57% of the company’s stock.

Analysts Set New Price Targets

A number of research firms recently issued reports on ALV. Wells Fargo & Company lowered their target price on Autoliv from $103.00 to $102.00 and set an “equal weight” rating on the stock in a research report on Friday. Citigroup dropped their price objective on Autoliv from $119.00 to $108.00 and set a “neutral” rating on the stock in a research note on Monday, July 22nd. Barclays cut their price objective on Autoliv from $125.00 to $115.00 and set an “equal weight” rating for the company in a report on Monday, July 22nd. StockNews.com downgraded shares of Autoliv from a “strong-buy” rating to a “buy” rating in a report on Thursday, June 13th. Finally, Wolfe Research initiated coverage on shares of Autoliv in a research note on Thursday, September 5th. They issued an “outperform” rating and a $120.00 price target for the company. Seven 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 stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $124.71.

Autoliv Stock Down 3.9 %

Autoliv stock opened at $92.79 on Friday. The company’s 50-day moving average price is $98.98 and its two-hundred day moving average price is $111.38. The company has a quick ratio of 0.73, a current ratio of 0.98 and a debt-to-equity ratio of 0.67. The stock has a market cap of $7.55 billion, a P/E ratio of 14.48, a P/E/G ratio of 0.65 and a beta of 1.60. Autoliv, Inc. has a twelve month low of $89.37 and a twelve month high of $129.38.

Autoliv (NYSE:ALV) last announced its earnings results on Friday, July 19th. The auto parts company reported $1.87 earnings per share for the quarter, missing analysts’ consensus estimates of $2.44 by ($0.57). The firm had revenue of $2.61 billion for the quarter, compared to the consensus estimate of $2.73 billion. Autoliv had a return on equity of 30.05% and a net margin of 5.91%. Autoliv’s revenue for the quarter was down 1.1% on a year-over-year basis. During the same quarter last year, the business posted $1.93 EPS. As a group, analysts expect that Autoliv, Inc. will post 9.05 EPS for the current year.

Autoliv Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, September 23rd. Stockholders of record on Wednesday, September 4th will be given a $0.68 dividend. The ex-dividend date of this dividend is Wednesday, September 4th. This represents a $2.72 dividend on an annualized basis and a dividend yield of 2.93%. Autoliv’s payout ratio is presently 42.43%.

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.