New Age Alpha Advisors LLC Sells 9,474 Shares of Autoliv, Inc. $ALV

New Age Alpha Advisors LLC decreased its position in shares of Autoliv, Inc. (NYSE:ALV) by 14.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 57,441 shares of the auto parts company’s stock after selling 9,474 shares during the quarter. New Age Alpha Advisors LLC’s holdings in Autoliv were worth $6,818,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. IFP Advisors Inc grew its position in shares of Autoliv by 110.3% during the 3rd quarter. IFP Advisors Inc now owns 204 shares of the auto parts company’s stock worth $25,000 after buying an additional 107 shares in the last quarter. Torren Management LLC bought a new position in shares of Autoliv during the 4th quarter worth $25,000. Root Financial Partners LLC bought a new position in shares of Autoliv during the 3rd quarter worth $32,000. Quarry LP purchased a new stake in shares of Autoliv during the 3rd quarter worth $36,000. Finally, Johnson Financial Group Inc. purchased a new stake in shares of Autoliv during the 3rd quarter worth $37,000. Institutional investors own 69.57% of the company’s stock.

Autoliv Trading Up 0.1%

Shares of NYSE ALV opened at $122.79 on Monday. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.08 and a quick ratio of 0.82. The stock has a market capitalization of $9.19 billion, a P/E ratio of 13.20, a price-to-earnings-growth ratio of 0.82 and a beta of 1.31. Autoliv, Inc. has a 1-year low of $98.45 and a 1-year high of $130.14. The business has a fifty day moving average price of $111.70 and a 200 day moving average price of $117.72.

Autoliv (NYSE:ALV) last issued its quarterly earnings data on Saturday, April 18th. The auto parts company reported $2.05 earnings per share for the quarter, topping analysts’ consensus estimates of $1.84 by $0.21. Autoliv had a return on equity of 29.03% and a net margin of 6.45%.The firm had revenue of $2.75 billion during the quarter, compared to analysts’ expectations of $2.61 billion. During the same period in the prior year, the business posted $2.15 EPS. The firm’s quarterly revenue was up 6.8% on a year-over-year basis. Equities research analysts expect that Autoliv, Inc. will post 10.53 EPS for the current fiscal year.

Autoliv Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 8th. Shareholders of record on Wednesday, May 20th will be paid a $0.87 dividend. The ex-dividend date is Wednesday, May 20th. This represents a $3.48 dividend on an annualized basis and a yield of 2.8%. Autoliv’s dividend payout ratio (DPR) is 37.42%.

Insider Buying and Selling

In other Autoliv news, insider Magnus Jarlegren sold 1,598 shares of the stock in a transaction dated Wednesday, February 25th. The stock was sold at an average price of $121.61, for a total value of $194,332.78. Following the completion of the sale, the insider directly owned 7,739 shares in the company, valued at approximately $941,139.79. This trade represents a 17.11% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Per Jonas Jademyr sold 1,278 shares of the stock in a transaction dated Tuesday, February 24th. The shares were sold at an average price of $122.03, for a total value of $155,954.34. Following the completion of the sale, the executive vice president owned 1,963 shares of the company’s stock, valued at approximately $239,544.89. This trade represents a 39.43% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 22,124 shares of company stock valued at $2,698,873 in the last 90 days. 0.34% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on ALV. Evercore decreased their price objective on Autoliv from $150.00 to $145.00 and set an “outperform” rating for the company in a research note on Monday, February 2nd. Robert W. Baird upped their price objective on Autoliv from $119.00 to $130.00 and gave the stock a “neutral” rating in a research note on Monday, April 20th. Barclays decreased their price objective on Autoliv from $140.00 to $135.00 and set an “overweight” rating for the company in a research note on Monday, March 30th. TD Cowen decreased their price objective on Autoliv from $150.00 to $147.00 and set a “buy” rating for the company in a research note on Wednesday, April 15th. Finally, Wall Street Zen cut Autoliv from a “buy” rating to a “hold” rating in a research note on Sunday, May 17th. Eight analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $135.00.

Autoliv Profile

Autoliv Inc (NYSE: ALV) is a leading global supplier of automotive safety systems, specializing in the design, development and manufacture of passive and active safety products. Its core product portfolio includes airbags, seatbelts, steering wheels, restraint control modules and pedestrian protection systems. In recent years, the company has also expanded into active safety technologies, offering radar, camera and sensor solutions that support advanced driver assistance systems (ADAS) and autonomous driving applications.

Founded in 1997 following the spin-off of Electrolux’s automotive safety business, Autoliv has evolved into a multinational organization with a presence in over 27 countries.