Edmond DE Rothschild Holding S.A. Cuts Position in Autoliv, Inc. (NYSE:ALV)

Edmond DE Rothschild Holding S.A. lessened its position in Autoliv, Inc. (NYSE:ALV) by 7.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,171 shares of the auto parts company’s stock after selling 178 shares during the quarter. Edmond DE Rothschild Holding S.A.’s holdings in Autoliv were worth $204,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also added to or reduced their stakes in ALV. UMB Bank n.a. increased 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 purchasing an additional 159 shares during the last quarter. AlphaQuest LLC boosted 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 buying an additional 134 shares in the last quarter. Twin Tree Management LP bought a new position in Autoliv during the fourth quarter valued at approximately $50,000. Physician Wealth Advisors Inc. purchased a new position in shares of Autoliv during the fourth quarter worth approximately $57,000. Finally, 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. Hedge funds and other institutional investors own 69.57% of the company’s stock.

Insider Buying and Selling

In related news, CFO Fredrik Westin sold 1,803 shares of the company’s stock in a transaction that occurred on Tuesday, February 25th. The stock was sold at an average price of $99.19, for a total value of $178,839.57. Following the sale, the chief financial officer now owns 7,261 shares in the company, valued at $720,218.59. This represents a 19.89 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CEO Mikael Bratt sold 5,760 shares of the firm’s stock in a transaction that occurred on Tuesday, February 25th. The shares were sold at an average price of $98.90, for a total value of $569,664.00. Following the transaction, the chief executive officer now directly owns 23,307 shares of the company’s stock, valued at approximately $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 three months. 0.24% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several equities 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 target price on the stock in a report on Tuesday, January 7th. Hsbc Global Res downgraded Autoliv from a “strong-buy” rating to a “hold” rating in a report on Tuesday, February 4th. Pareto Securities lowered Autoliv to a “hold” rating in a research note on Monday, February 3rd. TD Cowen started coverage on Autoliv in a research report on Friday, March 7th. They set a “buy” rating and a $116.00 price target on the stock. Finally, HSBC downgraded Autoliv from a “buy” rating to a “hold” rating and lowered their price objective for the company from $109.00 to $100.00 in a research report on Tuesday, February 4th. Nine investment 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. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $117.14.

Autoliv Stock Performance

Shares of ALV opened at $90.30 on Thursday. Autoliv, Inc. has a one year low of $87.55 and a one year high of $129.38. The company has a 50-day simple moving average of $94.92 and a two-hundred day simple moving average of $95.49. The company has a debt-to-equity ratio of 0.67, a current ratio of 0.96 and a quick ratio of 0.71. The firm has a market capitalization of $6.99 billion, a PE ratio of 11.19, a price-to-earnings-growth ratio of 0.73 and a beta of 1.59.

Autoliv (NYSE:ALV) last released its quarterly earnings results on Friday, January 31st. The auto parts company reported $3.05 earnings per share for the quarter, beating 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%. On average, analysts anticipate that Autoliv, Inc. will post 9.51 EPS for the current fiscal year.

Autoliv Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 24th. Stockholders of record on Friday, March 7th were given a $0.70 dividend. This represents a $2.80 dividend on an annualized basis and a dividend yield of 3.10%. The ex-dividend date was Friday, March 7th. Autoliv’s dividend payout ratio is presently 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.