Thrivent Financial for Lutherans Sells 15,524 Shares of Autoliv, Inc. (NYSE:ALV)

Thrivent Financial for Lutherans trimmed its position in Autoliv, Inc. (NYSE:ALV - Free Report) by 21.8% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 55,538 shares of the auto parts company's stock after selling 15,524 shares during the quarter. Thrivent Financial for Lutherans owned approximately 0.07% of Autoliv worth $5,208,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of ALV. Legend Financial Advisors Inc. boosted its position in Autoliv by 1.8% during the 4th quarter. Legend Financial Advisors Inc. now owns 6,344 shares of the auto parts company's stock worth $595,000 after acquiring an additional 115 shares during the period. CIBC Asset Management Inc raised its holdings in shares of Autoliv by 5.2% during the fourth 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 in the last quarter. Quantinno Capital Management LP grew its stake 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 valued at $2,190,000 after buying an additional 130 shares in the last quarter. US Bancorp DE grew its position in Autoliv by 3.5% in the fourth quarter. US Bancorp DE now owns 3,820 shares of the auto parts company's stock worth $358,000 after acquiring an additional 130 shares in the last quarter. Finally, AlphaQuest LLC raised 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 in the last quarter. Institutional investors and hedge funds own 69.57% of the company's stock.

Analysts Set New Price Targets

A number of research firms have issued reports on ALV. Hsbc Global Res cut shares of Autoliv from a "strong-buy" rating to a "hold" rating in a report on Tuesday, February 4th. HSBC downgraded shares of Autoliv from a "buy" rating to a "hold" rating and reduced their price objective for the stock from $109.00 to $100.00 in a report on Tuesday, February 4th. Daiwa America upgraded Autoliv from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, January 7th. Mizuho reduced their target price on Autoliv from $115.00 to $112.00 and set an "outperform" rating on the stock in a report on Monday, February 3rd. Finally, Pareto Securities cut Autoliv to a "hold" rating in a report on Monday, February 3rd. Nine equities research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $117.14.

Insider Transactions at Autoliv

In other news, CEO Mikael Bratt sold 5,760 shares of the firm's stock in a transaction dated Tuesday, February 25th. The stock was sold at an average price of $98.90, for a total value of $569,664.00. Following the transaction, the chief executive officer now owns 23,307 shares of the company's stock, valued at $2,305,062.30. This trade represents a 19.82 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Per Jonas Jademyr sold 401 shares of the firm's stock in a transaction on Tuesday, February 25th. The shares were sold at an average price of $98.85, for a total transaction of $39,638.85. Following the sale, the executive vice president now owns 685 shares in the company, valued at $67,712.25. The trade was a 36.92 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 9,253 shares of company stock worth $915,534 over the last quarter. 0.20% of the stock is currently owned by insiders.

Autoliv Trading Down 2.6 %

Shares of ALV stock traded down $2.36 during mid-day trading on Friday, reaching $89.18. The stock had a trading volume of 920,704 shares, compared to its average volume of 777,460. The firm has a market capitalization of $6.90 billion, a PE ratio of 11.05, a price-to-earnings-growth ratio of 0.73 and a beta of 1.59. The stock's 50-day moving average price is $95.49 and its two-hundred day moving average price is $95.58. The company has a current ratio of 0.96, a quick ratio of 0.71 and a debt-to-equity ratio of 0.67. Autoliv, Inc. has a 52-week low of $87.55 and a 52-week high of $129.38.

Autoliv (NYSE:ALV - Get Free Report) last issued its quarterly earnings data on Friday, January 31st. The auto parts company reported $3.05 EPS for the quarter, topping 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%. Equities analysts expect that Autoliv, Inc. will post 9.51 earnings per share for the current fiscal year.

Autoliv Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, March 24th. Shareholders of record on Friday, March 7th were paid a dividend of $0.70 per share. The ex-dividend date was Friday, March 7th. This represents a $2.80 annualized dividend and a yield of 3.14%. Autoliv's dividend payout ratio is 34.70%.

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.