Outlook Wealth Advisors LLC Makes New Investment in Autoliv, Inc. (NYSE:ALV)

Outlook Wealth Advisors LLC purchased a new position in Autoliv, Inc. (NYSE:ALV) in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 4,036 shares of the auto parts company’s stock, valued at approximately $486,000.

Other large investors also recently made changes to their positions in the company. Benjamin F. Edwards & Company Inc. bought a new stake in shares of Autoliv during the 4th quarter worth $27,000. Rise Advisors LLC lifted its position in Autoliv by 84.1% during the 4th quarter. Rise Advisors LLC now owns 267 shares of the auto parts company’s stock worth $29,000 after acquiring an additional 122 shares during the last quarter. Register Financial Advisors LLC bought a new stake in Autoliv during the first quarter valued at about $36,000. Parallel Advisors LLC grew its position in shares of Autoliv by 83.8% in the fourth quarter. Parallel Advisors LLC now owns 489 shares of the auto parts company’s stock valued at $54,000 after purchasing an additional 223 shares during the last quarter. Finally, TFO Wealth Partners LLC increased its stake in shares of Autoliv by 15,425.0% in the fourth quarter. TFO Wealth Partners LLC now owns 621 shares of the auto parts company’s stock worth $68,000 after purchasing an additional 617 shares during the period. Institutional investors own 69.57% of the company’s stock.

Insider Transactions at Autoliv

In other Autoliv news, VP Mikael Hagstrom sold 327 shares of the company’s stock in a transaction on Wednesday, February 21st. The stock was sold at an average price of $109.69, for a total transaction of $35,868.63. Following the transaction, the vice president now owns 327 shares of the company’s stock, valued at approximately $35,868.63. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. In related news, VP Mikael Hagstrom sold 327 shares of Autoliv stock in a transaction dated Wednesday, February 21st. The stock was sold at an average price of $109.69, for a total value of $35,868.63. Following the completion of the sale, the vice president now directly owns 327 shares in the company, valued at $35,868.63. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Mikael Bratt sold 4,226 shares of the business’s stock in a transaction dated Wednesday, February 21st. The stock was sold at an average price of $109.72, for a total value of $463,676.72. Following the sale, the chief executive officer now directly owns 17,547 shares of the company’s stock, valued at $1,925,256.84. The disclosure for this sale can be found here. Over the last three months, insiders have sold 8,388 shares of company stock worth $921,757. Corporate insiders own 0.20% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on the company. Barclays increased their target price on Autoliv from $107.00 to $120.00 and gave the company an “equal weight” rating in a research note on Thursday, April 11th. Berenberg Bank raised shares of Autoliv from a “hold” rating to a “buy” rating and set a $120.00 price objective for the company in a research report on Friday, January 12th. Mizuho lifted their target price on Autoliv from $115.00 to $135.00 and gave the stock a “buy” rating in a research report on Monday, March 25th. Wells Fargo & Company upped their price target on Autoliv from $101.00 to $107.00 and gave the company an “equal weight” rating in a report on Monday, January 29th. Finally, StockNews.com raised Autoliv from a “hold” rating to a “buy” rating in a report on Saturday, January 20th. Seven research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $118.60.

Autoliv Price Performance

NYSE ALV traded up $6.44 during trading hours on Friday, reaching $122.29. 1,500,131 shares of the company’s stock were exchanged, compared to its average volume of 443,752. The company has a current ratio of 0.98, a quick ratio of 0.73 and a debt-to-equity ratio of 0.52. The stock has a market cap of $9.96 billion, a PE ratio of 21.27, a price-to-earnings-growth ratio of 0.77 and a beta of 1.72. The firm has a fifty day moving average of $117.74 and a 200-day moving average of $107.94. Autoliv, Inc. has a one year low of $79.66 and a one year high of $125.91.

Autoliv (NYSE:ALV) last announced its earnings results on Friday, January 26th. The auto parts company reported $3.74 earnings per share for the quarter, beating analysts’ consensus estimates of $3.37 by $0.37. The company had revenue of $2.75 billion during the quarter, compared to analyst estimates of $2.75 billion. Autoliv had a return on equity of 27.13% and a net margin of 4.66%. The firm’s quarterly revenue was up 17.8% compared to the same quarter last year. During the same period last year, the company posted $1.83 earnings per share. On average, equities research analysts predict that Autoliv, Inc. will post 9.67 earnings per share for the current fiscal year.

Autoliv Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, March 27th. Shareholders of record on Tuesday, March 12th were paid a $0.68 dividend. This represents a $2.72 dividend on an annualized basis and a dividend yield of 2.22%. The ex-dividend date was Monday, March 11th. Autoliv’s dividend payout ratio is presently 47.30%.

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.