Autoliv, Inc. (NYSE:ALV) Shares Sold by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. lowered its holdings in Autoliv, Inc. (NYSE:ALV) by 1.7% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 479,211 shares of the auto parts company’s stock after selling 8,418 shares during the quarter. Charles Schwab Investment Management Inc. owned 0.62% of Autoliv worth $44,945,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently bought and sold shares of ALV. FMR LLC lifted its holdings in Autoliv by 6.1% in the third quarter. FMR LLC now owns 6,504,605 shares of the auto parts company’s stock valued at $607,335,000 after acquiring an additional 376,665 shares during the period. Swedbank AB lifted its holdings in Autoliv by 8.7% in the third quarter. Swedbank AB now owns 2,567,281 shares of the auto parts company’s stock valued at $239,707,000 after acquiring an additional 205,241 shares during the period. Massachusetts Financial Services Co. MA lifted its holdings in Autoliv by 83.9% in the third quarter. Massachusetts Financial Services Co. MA now owns 417,992 shares of the auto parts company’s stock valued at $39,028,000 after acquiring an additional 190,654 shares during the period. Wellington Management Group LLP lifted its holdings in Autoliv by 21.2% in the third quarter. Wellington Management Group LLP now owns 910,437 shares of the auto parts company’s stock valued at $85,008,000 after acquiring an additional 159,067 shares during the period. Finally, Jane Street Group LLC lifted its holdings in Autoliv by 94.2% in the third quarter. Jane Street Group LLC now owns 210,989 shares of the auto parts company’s stock valued at $19,700,000 after acquiring an additional 102,362 shares during the period. Institutional investors and hedge funds own 69.57% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on ALV shares. Mizuho reduced their target price on Autoliv from $115.00 to $112.00 and set an “outperform” rating for the company in a report on Monday, February 3rd. Cowen initiated coverage on Autoliv in a research report on Thursday, March 6th. They issued a “buy” rating for the company. Daiwa Capital Markets upgraded Autoliv from a “neutral” rating to an “outperform” rating and set a $109.00 price target for the company in a research report on Tuesday, January 7th. HSBC cut Autoliv from a “buy” rating to a “hold” rating and dropped their price target for the company from $109.00 to $100.00 in a research report on Tuesday, February 4th. Finally, TD Cowen initiated coverage on Autoliv in a research report on Friday, March 7th. They issued a “buy” rating and a $116.00 price target for the company. Nine investment analysts have rated the stock with a hold rating, ten have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $117.14.

Insider Buying and Selling at Autoliv

In other news, EVP Per Jonas Jademyr sold 401 shares of Autoliv stock in a transaction dated Tuesday, February 25th. The stock was sold at an average price of $98.85, for a total value of $39,638.85. Following the transaction, the executive vice president now directly owns 685 shares of the company’s stock, valued at $67,712.25. The trade was a 36.92 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, insider Magnus Jarlegren sold 1,289 shares of Autoliv stock in a transaction dated Tuesday, February 25th. The shares were sold at an average price of $98.83, for a total value of $127,391.87. Following the completion of the transaction, the insider now directly owns 6,142 shares in the company, valued at $607,013.86. This represents a 17.35 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 9,253 shares of company stock worth $915,534 in the last 90 days. 0.20% of the stock is owned by company insiders.

Autoliv Stock Up 2.7 %

ALV opened at $90.02 on Friday. The company has a debt-to-equity ratio of 0.67, a current ratio of 0.96 and a quick ratio of 0.71. The stock has a market capitalization of $7.00 billion, a price-to-earnings ratio of 11.15, a price-to-earnings-growth ratio of 0.73 and a beta of 1.59. The business has a 50-day moving average of $96.41 and a two-hundred day moving average of $96.28. Autoliv, Inc. has a 12 month low of $87.55 and a 12 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 EPS for the quarter, beating the consensus estimate of $2.84 by $0.21. Autoliv had a return on equity of 28.62% and a net margin of 6.21%. On average, research analysts expect that Autoliv, Inc. will post 9.51 earnings per share for the current year.

Autoliv Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 24th. Shareholders of record on Friday, March 7th will be issued a $0.70 dividend. This represents a $2.80 annualized dividend and a yield of 3.11%. The ex-dividend date is Friday, March 7th. Autoliv’s dividend payout ratio (DPR) is 34.70%.

About Autoliv

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.