5,119 Shares in Autoliv, Inc. (NYSE:ALV) Bought by Alpha DNA Investment Management LLC

Alpha DNA Investment Management LLC acquired a new position in shares of Autoliv, Inc. (NYSE:ALVFree Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 5,119 shares of the auto parts company’s stock, valued at approximately $564,000.

Several other hedge funds have also added to or reduced their stakes in the business. Victory Capital Management Inc. raised its stake in shares of Autoliv by 2.0% in the 3rd quarter. Victory Capital Management Inc. now owns 14,656 shares of the auto parts company’s stock valued at $1,414,000 after purchasing an additional 282 shares during the period. Los Angeles Capital Management LLC acquired a new stake in shares of Autoliv in the 3rd quarter valued at about $1,091,000. Arizona State Retirement System raised its stake in shares of Autoliv by 1.4% in the 3rd quarter. Arizona State Retirement System now owns 23,216 shares of the auto parts company’s stock valued at $2,240,000 after purchasing an additional 314 shares during the period. New York Life Investment Management LLC raised its stake in shares of Autoliv by 90.3% in the 3rd quarter. New York Life Investment Management LLC now owns 8,151 shares of the auto parts company’s stock valued at $786,000 after purchasing an additional 3,867 shares during the period. Finally, Avantax Advisory Services Inc. raised its stake in shares of Autoliv by 15.3% in the 3rd quarter. Avantax Advisory Services Inc. now owns 2,742 shares of the auto parts company’s stock valued at $265,000 after purchasing an additional 364 shares during the period. Institutional investors and hedge funds own 69.57% of the company’s stock.

Analysts Set New Price Targets

Several analysts have issued reports on ALV shares. JPMorgan Chase & Co. lifted their price target on Autoliv from $117.00 to $129.00 and gave the company a “neutral” rating in a research note on Monday, April 22nd. Bank of America raised their price objective on Autoliv from $135.00 to $145.00 and gave the company a “buy” rating in a report on Monday, April 29th. Mizuho raised their price objective on Autoliv from $115.00 to $135.00 and gave the company a “buy” rating in a report on Monday, March 25th. Barclays raised their price objective on Autoliv from $120.00 to $125.00 and gave the company an “equal weight” rating in a report on Monday, April 29th. Finally, Wells Fargo & Company raised their price objective on Autoliv from $126.00 to $128.00 and gave the company an “equal weight” rating in a report on Monday, April 29th. Seven research analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $129.50.

View Our Latest Research Report on Autoliv

Autoliv Stock Up 0.7 %

ALV traded up $0.87 during midday trading on Friday, reaching $127.57. The company’s stock had a trading volume of 656,923 shares, compared to its average volume of 456,446. The firm has a market capitalization of $10.38 billion, a price-to-earnings ratio of 19.90, a PEG ratio of 0.71 and a beta of 1.70. 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 1 year low of $79.66 and a 1 year high of $129.38. The stock’s 50-day moving average is $121.42 and its 200-day moving average is $113.12.

Autoliv (NYSE:ALVGet Free Report) last announced its quarterly earnings data on Friday, April 26th. The auto parts company reported $1.58 earnings per share for the quarter, topping analysts’ consensus estimates of $1.40 by $0.18. The business had revenue of $2.62 billion for the quarter, compared to analysts’ expectations of $2.57 billion. Autoliv had a net margin of 5.10% and a return on equity of 29.84%. As a group, research analysts expect that Autoliv, Inc. will post 9.82 EPS for the current year.

Autoliv Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, June 12th. Stockholders of record on Thursday, May 23rd will be paid a $0.68 dividend. The ex-dividend date of this dividend is Wednesday, May 22nd. This represents a $2.72 annualized dividend and a dividend yield of 2.13%. Autoliv’s dividend payout ratio is presently 42.43%.

Autoliv Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Autoliv (NYSE:ALV)

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