Autoliv, Inc. (NYSE:ALV) Shares Sold by Zurcher Kantonalbank Zurich Cantonalbank

Zurcher Kantonalbank Zurich Cantonalbank lowered its stake in shares of Autoliv, Inc. (NYSE:ALV - Free Report) by 59.6% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 41,578 shares of the auto parts company's stock after selling 61,346 shares during the quarter. Zurcher Kantonalbank Zurich Cantonalbank owned approximately 0.05% of Autoliv worth $3,900,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of ALV. UMB Bank n.a. boosted its position in shares of Autoliv by 139.5% during the 4th quarter. UMB Bank n.a. now owns 273 shares of the auto parts company's stock valued at $26,000 after acquiring an additional 159 shares during the last quarter. AlphaQuest LLC raised its holdings in 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 buying an additional 134 shares during the last quarter. Fred Alger Management LLC bought a new stake in shares of Autoliv in the third quarter worth about $45,000. CIBC Asset Management Inc increased 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 buying an additional 124 shares during the period. Finally, Blueshift Asset Management LLC increased its position in Autoliv by 14.6% during the 3rd quarter. Blueshift Asset Management LLC now owns 2,629 shares of the auto parts company's stock valued at $245,000 after purchasing an additional 334 shares during the period. 69.57% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

ALV has been the topic of several research reports. Cowen started coverage on shares of Autoliv in a research note on Thursday, March 6th. They set a "buy" rating on the stock. Hsbc Global Res cut shares of Autoliv from a "strong-buy" rating to a "hold" rating in a report on Tuesday, February 4th. HSBC cut Autoliv from a "buy" rating to a "hold" rating and dropped their target price for the stock from $109.00 to $100.00 in a research report on Tuesday, February 4th. Pareto Securities lowered Autoliv to a "hold" rating in a research note on Monday, February 3rd. Finally, TD Cowen initiated coverage on shares of Autoliv in a report on Friday, March 7th. They set a "buy" rating and a $116.00 price target on the stock. Nine equities research analysts have rated the stock with a hold rating, ten have given a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat, Autoliv currently has an average rating of "Moderate Buy" and a consensus target price of $117.14.

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Insiders Place Their Bets

In other Autoliv news, insider Magnus Jarlegren sold 1,289 shares of the stock in a transaction on Tuesday, February 25th. The stock was sold at an average price of $98.83, for a total transaction of $127,391.87. Following the sale, the insider now owns 6,142 shares in the company, valued at approximately $607,013.86. This represents a 17.35 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, 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 transaction of $569,664.00. Following the sale, the chief executive officer now directly owns 23,307 shares in the company, valued at $2,305,062.30. This represents a 19.82 % 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 valued at $915,534. 0.20% of the stock is owned by company insiders.

Autoliv Trading Up 3.1 %

NYSE ALV traded up $2.76 during trading on Wednesday, hitting $91.38. The stock had a trading volume of 706,406 shares, compared to its average volume of 818,104. The company has a quick ratio of 0.71, a current ratio of 0.96 and a debt-to-equity ratio of 0.67. The company has a market capitalization of $7.10 billion, a PE ratio of 11.32, a PEG ratio of 0.73 and a beta of 1.59. The firm has a 50 day moving average price of $96.15 and a 200 day moving average price of $95.96. Autoliv, Inc. has a twelve month low of $87.55 and a twelve month high of $129.38.

Autoliv (NYSE:ALV - Get Free Report) last announced its quarterly earnings data on Friday, January 31st. The auto parts company reported $3.05 EPS for the quarter, beating analysts' consensus estimates 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, equities research analysts forecast that Autoliv, Inc. will post 9.51 earnings per share for the current year.

Autoliv Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 24th. Investors of record on Friday, March 7th will be paid a dividend of $0.70 per share. This represents a $2.80 dividend on an annualized basis and a yield of 3.06%. The ex-dividend date of this dividend is Friday, March 7th. Autoliv's dividend payout ratio is currently 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.