Autoliv, Inc. (NYSE:ALV) Shares Sold by Hancock Whitney Corp

Hancock Whitney Corp decreased its position in Autoliv, Inc. (NYSE:ALV) by 14.7% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 86,655 shares of the auto parts company’s stock after selling 14,923 shares during the quarter. Hancock Whitney Corp owned about 0.11% of Autoliv worth $8,091,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the company. GAMMA Investing LLC raised its position in Autoliv by 62.7% in the second quarter. GAMMA Investing LLC now owns 262 shares of the auto parts company’s stock worth $28,000 after acquiring an additional 101 shares in the last quarter. Quarry LP raised its holdings in shares of Autoliv by 133.5% in the 2nd quarter. Quarry LP now owns 362 shares of the auto parts company’s stock worth $39,000 after purchasing an additional 207 shares in the last quarter. Benjamin F. Edwards & Company Inc. lifted its stake in Autoliv by 14.0% during the second quarter. Benjamin F. Edwards & Company Inc. now owns 954 shares of the auto parts company’s stock valued at $102,000 after purchasing an additional 117 shares during the last quarter. Picton Mahoney Asset Management bought a new stake in Autoliv during the second quarter worth approximately $156,000. Finally, Wahed Invest LLC grew its position in Autoliv by 13.6% in the first quarter. Wahed Invest LLC now owns 1,452 shares of the auto parts company’s stock worth $175,000 after buying an additional 174 shares during the last quarter. Institutional investors own 69.57% of the company’s stock.

Autoliv Trading Up 1.1 %

NYSE:ALV opened at $99.99 on Monday. The stock’s 50 day moving average price is $95.63 and its 200 day moving average price is $103.71. Autoliv, Inc. has a 52 week low of $89.51 and a 52 week high of $129.38. The company has a market capitalization of $7.87 billion, a P/E ratio of 12.88, a P/E/G ratio of 0.89 and a beta of 1.59. The company has a debt-to-equity ratio of 0.69, a quick ratio of 0.71 and a current ratio of 0.96.

Autoliv (NYSE:ALV) last issued its quarterly earnings data on Friday, October 18th. The auto parts company reported $1.84 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.00 by ($0.16). The business had revenue of $2.56 billion during the quarter, compared to the consensus estimate of $2.52 billion. Autoliv had a return on equity of 30.85% and a net margin of 5.98%. The company’s revenue for the quarter was down 1.6% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.66 earnings per share. On average, research analysts forecast that Autoliv, Inc. will post 8.19 EPS for the current fiscal year.

Autoliv Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 19th. Stockholders of record on Tuesday, December 3rd will be issued a dividend of $0.70 per share. This is a positive change from Autoliv’s previous quarterly dividend of $0.68. The ex-dividend date is Tuesday, December 3rd. This represents a $2.80 dividend on an annualized basis and a dividend yield of 2.80%. Autoliv’s dividend payout ratio is currently 35.42%.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on ALV shares. StockNews.com upgraded Autoliv from a “hold” rating to a “buy” rating in a research report on Friday, November 8th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $116.00 target price on shares of Autoliv in a research note on Tuesday, September 10th. Wells Fargo & Company decreased their target price on Autoliv from $102.00 to $101.00 and set an “equal weight” rating for the company in a research report on Monday, October 21st. Barclays dropped their price target on Autoliv from $115.00 to $110.00 and set an “equal weight” rating on the stock in a research report on Tuesday, October 15th. Finally, Robert W. Baird raised their price objective on Autoliv from $103.00 to $108.00 and gave the stock a “neutral” rating in a research report on Monday, October 21st. Six equities research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, Autoliv has a consensus rating of “Moderate Buy” and an average price target of $122.77.

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.