Yousif Capital Management LLC Sells 605 Shares of Autoliv, Inc. (NYSE:ALV)

Yousif Capital Management LLC lessened its stake in shares of Autoliv, Inc. (NYSE:ALV) by 1.6% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 37,086 shares of the auto parts company’s stock after selling 605 shares during the period. Yousif Capital Management LLC’s holdings in Autoliv were worth $4,087,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also bought and sold shares of ALV. Rise Advisors LLC raised its stake in Autoliv by 84.1% in the fourth quarter. Rise Advisors LLC now owns 267 shares of the auto parts company’s stock valued at $29,000 after buying an additional 122 shares during the period. Fifth Third Bancorp raised its stake in Autoliv by 269.5% in the third quarter. Fifth Third Bancorp now owns 872 shares of the auto parts company’s stock valued at $84,000 after buying an additional 636 shares during the period. Wahed Invest LLC raised its stake in Autoliv by 8.5% in the third quarter. Wahed Invest LLC now owns 1,339 shares of the auto parts company’s stock valued at $129,000 after buying an additional 105 shares during the period. Platinum Investment Management Ltd. raised its stake in Autoliv by 32.7% in the third quarter. Platinum Investment Management Ltd. now owns 1,816 shares of the auto parts company’s stock valued at $175,000 after buying an additional 448 shares during the period. Finally, Mutual Advisors LLC bought a new stake in Autoliv in the fourth quarter valued at approximately $205,000. Institutional investors own 69.57% of the company’s stock.

Autoliv Trading Up 5.5 %

Shares of NYSE:ALV opened at $122.24 on Friday. The company has a market capitalization of $9.96 billion, a P/E ratio of 21.26, a P/E/G ratio of 0.78 and a beta of 1.72. Autoliv, Inc. has a 1 year low of $79.66 and a 1 year high of $125.91. The company has a debt-to-equity ratio of 0.52, a current ratio of 0.98 and a quick ratio of 0.73. The business’s 50 day simple moving average is $117.53 and its 200 day simple moving average is $107.75.

Autoliv (NYSE:ALV) last issued its earnings results on Friday, January 26th. The auto parts company reported $3.74 earnings per share for the quarter, beating analysts’ consensus estimates of $3.37 by $0.37. The firm had revenue of $2.75 billion for the quarter, compared to the consensus estimate of $2.75 billion. Autoliv had a return on equity of 27.13% and a net margin of 4.66%. The company’s revenue was up 17.8% compared to the same quarter last year. During the same quarter last year, the business posted $1.83 EPS. On average, research analysts anticipate that Autoliv, Inc. will post 9.68 EPS for the current fiscal year.

Autoliv Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, March 27th. Shareholders of record on Tuesday, March 12th were issued a $0.68 dividend. This represents a $2.72 dividend on an annualized basis and a dividend yield of 2.23%. The ex-dividend date of this dividend was Monday, March 11th. Autoliv’s dividend payout ratio is presently 47.30%.

Insider Buying and Selling at Autoliv

In other Autoliv news, insider Colin Naughton sold 782 shares of the firm’s stock in a transaction on Friday, February 2nd. The stock was sold at an average price of $110.68, for a total value of $86,551.76. Following the sale, the insider now owns 5,594 shares of the company’s stock, valued at approximately $619,143.92. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. In related news, CEO Mikael Bratt sold 4,226 shares of the firm’s stock in a transaction on Wednesday, February 21st. The stock was sold at an average price of $109.72, for a total transaction of $463,676.72. Following the sale, the chief executive officer now owns 17,547 shares of the company’s stock, valued at approximately $1,925,256.84. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Colin Naughton sold 782 shares of the firm’s stock in a transaction on Friday, February 2nd. The shares were sold at an average price of $110.68, for a total value of $86,551.76. Following the sale, the insider now directly owns 5,594 shares in the company, valued at approximately $619,143.92. The disclosure for this sale can be found here. In the last quarter, insiders have sold 8,388 shares of company stock valued at $921,757. 0.20% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on ALV. Barclays increased their target price on Autoliv from $107.00 to $120.00 and gave the stock an “equal weight” rating in a research note on Thursday, April 11th. Mizuho increased their target price on Autoliv from $115.00 to $135.00 and gave the stock a “buy” rating in a research note on Monday, March 25th. Berenberg Bank upgraded Autoliv from a “hold” rating to a “buy” rating and set a $120.00 target price on the stock in a research note on Friday, January 12th. Wolfe Research lowered Autoliv from an “outperform” rating to a “peer perform” rating in a research note on Thursday, January 4th. Finally, Wells Fargo & Company increased their target price on Autoliv from $101.00 to $107.00 and gave the stock an “equal weight” rating in a research note on Monday, January 29th. Seven investment analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $118.60.

Autoliv Company 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.