New Age Alpha Advisors LLC Invests $5.72 Million in Autoliv, Inc. (NYSE:ALV)

New Age Alpha Advisors LLC purchased a new position in Autoliv, Inc. (NYSE:ALV - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 60,947 shares of the auto parts company's stock, valued at approximately $5,716,000. New Age Alpha Advisors LLC owned about 0.08% of Autoliv at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Legend Financial Advisors Inc. lifted its position in Autoliv by 1.8% in the 4th quarter. Legend Financial Advisors Inc. now owns 6,344 shares of the auto parts company's stock worth $595,000 after buying an additional 115 shares during the last quarter. CIBC Asset Management Inc lifted its holdings in shares of Autoliv by 5.2% in the 4th quarter. CIBC Asset Management Inc now owns 2,501 shares of the auto parts company's stock worth $235,000 after acquiring an additional 124 shares during the last quarter. Quantinno Capital Management LP lifted its holdings in shares of Autoliv by 0.6% in the 3rd quarter. Quantinno Capital Management LP now owns 23,456 shares of the auto parts company's stock worth $2,190,000 after acquiring an additional 130 shares during the last quarter. US Bancorp DE boosted its stake in shares of Autoliv by 3.5% in the 4th quarter. US Bancorp DE now owns 3,820 shares of the auto parts company's stock valued at $358,000 after purchasing an additional 130 shares in the last quarter. Finally, AlphaQuest LLC grew its holdings in shares of Autoliv by 74.4% during the 4th quarter. AlphaQuest LLC now owns 314 shares of the auto parts company's stock valued at $29,000 after purchasing an additional 134 shares during the last quarter. Institutional investors own 69.57% of the company's stock.

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Autoliv Stock Down 0.9 %

Shares of NYSE:ALV traded down $0.79 during trading on Monday, reaching $88.45. 1,003,537 shares of the stock traded hands, compared to its average volume of 779,506. The stock has a market cap of $6.85 billion, a P/E ratio of 10.96, a price-to-earnings-growth ratio of 0.73 and a beta of 1.59. Autoliv, Inc. has a 52-week low of $87.55 and a 52-week high of $129.38. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.71 and a current ratio of 0.96. The stock has a 50-day moving average of $95.49 and a two-hundred day moving average of $95.61.

Autoliv (NYSE:ALV - Get Free Report) last posted its earnings results on Friday, January 31st. The auto parts company reported $3.05 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.84 by $0.21. Autoliv had a net margin of 6.21% and a return on equity of 28.62%. As a group, sell-side analysts expect that Autoliv, Inc. will post 9.51 earnings per share for the current fiscal year.

Autoliv Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, March 24th. Shareholders of record on Friday, March 7th were given a $0.70 dividend. This represents a $2.80 dividend on an annualized basis and a yield of 3.17%. The ex-dividend date was Friday, March 7th. Autoliv's dividend payout ratio (DPR) is presently 34.70%.

Wall Street Analyst Weigh In

Several research firms have weighed in on ALV. Hsbc Global Res downgraded shares of Autoliv from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, February 4th. TD Cowen assumed coverage on shares of Autoliv in a research report on Friday, March 7th. They set a "buy" rating and a $116.00 price target for the company. Mizuho dropped their price objective on Autoliv from $115.00 to $112.00 and set an "outperform" rating for the company in a report on Monday, February 3rd. Pareto Securities lowered shares of Autoliv to a "hold" rating in a report on Monday, February 3rd. Finally, HSBC lowered shares of Autoliv from a "buy" rating to a "hold" rating and lowered their price objective for the stock from $109.00 to $100.00 in a report on Tuesday, February 4th. Nine research analysts have rated the stock with a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $117.14.

Insider Buying and Selling at Autoliv

In other Autoliv news, insider Magnus Jarlegren sold 1,289 shares of the company's stock in a transaction that occurred on Tuesday, February 25th. The shares were sold at an average price of $98.83, for a total transaction of $127,391.87. Following the completion of the sale, the insider now directly owns 6,142 shares of the company's stock, valued at approximately $607,013.86. This represents a 17.35 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Fredrik Westin sold 1,803 shares of the stock in a transaction that occurred on Tuesday, February 25th. The stock was sold at an average price of $99.19, for a total transaction of $178,839.57. Following the completion of the transaction, the chief financial officer now owns 7,261 shares in the company, valued at $720,218.59. The trade was a 19.89 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 9,253 shares of company stock worth $915,534. Insiders own 0.20% of the company's stock.

Autoliv 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.