Autoliv, Inc. (NYSE:ALV) Shares Sold by Thrivent Financial for Lutherans

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

A number of other hedge funds have also bought and sold shares of ALV. UMB Bank n.a. raised its holdings in shares of Autoliv by 139.5% in the fourth quarter. UMB Bank n.a. now owns 273 shares of the auto parts company's stock worth $26,000 after buying an additional 159 shares during the period. AlphaQuest LLC increased its stake in Autoliv by 74.4% in the fourth quarter. AlphaQuest LLC now owns 314 shares of the auto parts company's stock worth $29,000 after purchasing an additional 134 shares during the period. Fred Alger Management LLC purchased a new stake in Autoliv in the third quarter worth $45,000. Twin Tree Management LP bought a new stake in shares of Autoliv during the fourth quarter worth $50,000. Finally, CIBC Asset Management Inc boosted its stake 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 valued at $235,000 after purchasing an additional 124 shares during the period. Institutional investors own 69.57% of the company's stock.

Insider Transactions at Autoliv

In other news, CFO Fredrik Westin sold 1,803 shares of the stock in a transaction dated Tuesday, February 25th. The stock was sold at an average price of $99.19, for a total value of $178,839.57. Following the transaction, the chief financial officer now directly owns 7,261 shares of the company's stock, valued at approximately $720,218.59. This represents a 19.89 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Mikael Bratt sold 5,760 shares of Autoliv 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 sale, the chief executive officer now directly owns 23,307 shares of the company's stock, valued at $2,305,062.30. This trade represents a 19.82 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 9,253 shares of company stock worth $915,534. Company insiders own 0.20% of the company's stock.

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Autoliv Stock Down 3.6 %

Shares of ALV traded down $3.43 during midday trading on Thursday, hitting $91.45. 1,253,347 shares of the company's stock traded hands, compared to its average volume of 758,931. Autoliv, Inc. has a 1 year low of $87.55 and a 1 year high of $129.38. The firm's fifty day moving average is $95.67 and its 200-day moving average is $95.64. The company has a current ratio of 0.96, a quick ratio of 0.71 and a debt-to-equity ratio of 0.67. The stock has a market capitalization of $7.11 billion, a price-to-earnings ratio of 11.33, a price-to-earnings-growth ratio of 0.73 and a beta of 1.59.

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

Autoliv Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 24th. Stockholders of record on Friday, March 7th were paid a dividend of $0.70 per share. The ex-dividend date of this dividend was Friday, March 7th. This represents a $2.80 annualized dividend and a dividend yield of 3.06%. Autoliv's payout ratio is currently 34.70%.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on the stock. Daiwa Capital Markets raised shares of Autoliv from a "neutral" rating to an "outperform" rating and set a $109.00 price target on the stock in a research note on Tuesday, January 7th. Wells Fargo & Company decreased their price target on shares of Autoliv from $101.00 to $97.00 and set an "equal weight" rating for the company in a research note on Monday, December 16th. Pareto Securities cut Autoliv to a "hold" rating in a research note on Monday, February 3rd. StockNews.com upgraded Autoliv from a "hold" rating to a "buy" rating in a report on Friday, March 14th. Finally, Hsbc Global Res cut Autoliv from a "strong-buy" rating to a "hold" rating in a report on Tuesday, February 4th. Nine equities research analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, Autoliv currently has an average rating of "Moderate Buy" and an average price target of $117.14.

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.