Public Employees Retirement Association of Colorado Has $695,000 Stock Holdings in Autoliv, Inc. (NYSE:ALV)

Public Employees Retirement Association of Colorado lowered its position in shares of Autoliv, Inc. (NYSE:ALV) by 11.5% in the fourth quarter, HoldingsChannel reports. The firm owned 7,405 shares of the auto parts company’s stock after selling 963 shares during the period. Public Employees Retirement Association of Colorado’s holdings in Autoliv were worth $695,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in ALV. UMB Bank n.a. grew its stake in Autoliv by 139.5% during 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 last quarter. AlphaQuest LLC boosted its holdings in shares of Autoliv by 74.4% in the 4th quarter. AlphaQuest LLC now owns 314 shares of the auto parts company’s stock worth $29,000 after acquiring an additional 134 shares in the last quarter. Twin Tree Management LP acquired a new position in shares of Autoliv in the 4th quarter worth approximately $50,000. Physician Wealth Advisors Inc. bought a new stake in Autoliv during the 4th quarter worth approximately $57,000. Finally, CIBC Asset Management Inc increased its holdings in Autoliv by 5.2% during the 4th 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 in the last quarter. 69.57% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

ALV has been the topic of several research analyst reports. Daiwa America upgraded Autoliv from a “hold” rating to a “strong-buy” rating in a report on Tuesday, January 7th. StockNews.com raised shares of Autoliv from a “hold” rating to a “buy” rating in a report on Thursday, April 17th. TD Cowen began coverage on shares of Autoliv in a research note on Friday, March 7th. They issued a “buy” rating and a $116.00 target price for the company. Pareto Securities cut shares of Autoliv to a “hold” rating in a research note on Monday, February 3rd. Finally, Barclays boosted their price objective on shares of Autoliv from $97.00 to $105.00 and gave the stock an “overweight” rating in a research report on Monday, April 21st. Seven analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, Autoliv currently has a consensus rating of “Moderate Buy” and an average price target of $112.00.

Insider Activity at Autoliv

In other Autoliv news, EVP Per Jonas Jademyr sold 401 shares of the firm’s stock in a transaction that occurred 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 directly owns 685 shares in the company, valued at approximately $67,712.25. This trade represents a 36.92 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO Mikael Bratt sold 5,760 shares of the company’s stock in a transaction that occurred on Tuesday, February 25th. The shares were sold at an average price of $98.90, for a total transaction of $569,664.00. Following the completion of 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 position. The disclosure for this sale can be found here. Insiders sold a total of 9,253 shares of company stock worth $915,534 in the last quarter. Corporate insiders own 0.20% of the company’s stock.

Autoliv Trading Up 0.1 %

NYSE:ALV opened at $93.30 on Friday. The firm has a market capitalization of $7.21 billion, a price-to-earnings ratio of 11.56, a PEG ratio of 0.73 and a beta of 1.47. Autoliv, Inc. has a 1-year low of $75.49 and a 1-year high of $129.38. The business’s 50-day moving average price is $89.54 and its two-hundred day moving average price is $94.13. 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 (NYSE:ALV) last announced its quarterly earnings results on Wednesday, April 16th. The auto parts company reported $2.15 earnings per share for the quarter, beating analysts’ consensus estimates of $1.72 by $0.43. The business had revenue of $2.58 billion for the quarter, compared to the consensus estimate of $2.50 billion. Autoliv had a net margin of 6.21% and a return on equity of 28.62%. During the same period last year, the company posted $1.58 EPS. On average, equities analysts expect that Autoliv, Inc. will post 9.51 earnings per share for the current year.

Autoliv Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 24th. Stockholders of record on Friday, March 7th were issued a $0.70 dividend. This represents a $2.80 annualized dividend and a dividend yield of 3.00%. The ex-dividend date was Friday, March 7th. Autoliv’s dividend payout ratio (DPR) is 32.22%.

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.