Caisse DE Depot ET Placement DU Quebec increased its position in shares of Autoliv, Inc. (NYSE:ALV) by 12.1% during the first quarter, Holdings Channel reports. The fund owned 19,400 shares of the auto parts company’s stock after buying an additional 2,100 shares during the period. Caisse DE Depot ET Placement DU Quebec’s holdings in Autoliv were worth $1,986,000 as of its most recent filing with the SEC.
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Dimensional Fund Advisors LP raised its position in Autoliv by 68.9% in the first quarter. Dimensional Fund Advisors LP now owns 727,392 shares of the auto parts company’s stock worth $74,375,000 after buying an additional 296,818 shares during the last quarter. Geode Capital Management LLC raised its position in Autoliv by 3.9% in the first quarter. Geode Capital Management LLC now owns 526,881 shares of the auto parts company’s stock worth $53,854,000 after buying an additional 19,734 shares during the last quarter. Vanguard Group Inc. raised its position in Autoliv by 4.0% in the first quarter. Vanguard Group Inc. now owns 1,376,135 shares of the auto parts company’s stock worth $140,724,000 after buying an additional 52,894 shares during the last quarter. Menta Capital LLC bought a new position in Autoliv during the first quarter worth about $2,319,000. Finally, Fairpointe Capital LLC raised its position in Autoliv by 19.8% in the first quarter. Fairpointe Capital LLC now owns 197,300 shares of the auto parts company’s stock worth $20,176,000 after buying an additional 32,600 shares during the last quarter. 32.25% of the stock is currently owned by institutional investors and hedge funds.
Autoliv, Inc. (NYSE ALV) traded down 0.20% during trading on Thursday, reaching $111.01. The company had a trading volume of 319,621 shares. Autoliv, Inc. has a 12 month low of $93.31 and a 12 month high of $124.97. The stock has a 50 day moving average price of $106.89 and a 200 day moving average price of $106.49. The firm has a market capitalization of $9.80 billion, a price-to-earnings ratio of 17.00 and a beta of 1.07.
Autoliv (NYSE:ALV) last issued its earnings results on Friday, April 28th. The auto parts company reported $1.65 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.52 by $0.13. The business had revenue of $2.61 billion for the quarter, compared to analysts’ expectations of $2.57 billion. Autoliv had a return on equity of 14.78% and a net margin of 5.60%. The company’s quarterly revenue was up 7.3% on a year-over-year basis. During the same period in the previous year, the firm posted $1.66 EPS. On average, equities research analysts predict that Autoliv, Inc. will post $6.27 earnings per share for the current year.
The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 7th. Stockholders of record on Wednesday, August 23rd will be given a $0.60 dividend. The ex-dividend date of this dividend is Monday, August 21st. This represents a $2.40 annualized dividend and a dividend yield of 2.16%. Autoliv’s dividend payout ratio (DPR) is presently 36.75%.
ALV has been the topic of a number of recent analyst reports. Morgan Stanley raised Autoliv from an “equal weight” rating to an “overweight” rating and set a $120.00 price objective on the stock in a report on Wednesday, May 24th. Zacks Investment Research raised Autoliv from a “strong sell” rating to a “hold” rating in a report on Tuesday, May 23rd. Jefferies Group LLC raised Autoliv from a “hold” rating to a “buy” rating and upped their price objective for the stock from $108.00 to $119.00 in a report on Tuesday, May 9th. Barclays PLC dropped their price objective on Autoliv from $88.00 to $86.00 and set an “underweight” rating on the stock in a report on Monday, May 1st. Finally, Royal Bank Of Canada reaffirmed a “hold” rating and set a $99.00 price objective on shares of Autoliv in a report on Friday, April 28th. Four research analysts have rated the stock with a sell rating, ten have given a hold rating and five have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus price target of $106.00.
In other news, Director Robert W. Alspaugh sold 1,156 shares of the firm’s stock in a transaction on Friday, May 26th. The stock was sold at an average price of $109.87, for a total value of $127,009.72. Following the completion of the sale, the director now owns 3,800 shares of the company’s stock, valued at $417,506. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, VP Svante Mogefors sold 6,738 shares of the firm’s stock in a transaction on Thursday, May 11th. The stock was sold at an average price of $102.46, for a total value of $690,375.48. Following the completion of the sale, the vice president now directly owns 17,269 shares of the company’s stock, valued at approximately $1,769,381.74. The disclosure for this sale can be found here. Company insiders own 0.25% of the company’s stock.
Autoliv Company Profile
Autoliv, Inc is a supplier of automotive safety systems with a range of product offerings, including passive safety systems and active safety systems. The Company operates through two segments: Passive Safety and Electronics. The Passive safety products include modules and components for passenger and driver-side airbags, side-impact airbag protection systems, seatbelts, steering wheels, inflator technologies, whiplash protection systems and child seats, and components for such systems, as well as passive safety electronic products, such as restraint electronics and crash sensors.
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