SG Americas Securities LLC Reduces Holdings in Autoliv, Inc. $ALV

SG Americas Securities LLC lowered its stake in shares of Autoliv, Inc. (NYSE:ALV) by 77.2% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,554 shares of the auto parts company’s stock after selling 8,655 shares during the quarter. SG Americas Securities LLC’s holdings in Autoliv were worth $315,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. ProShare Advisors LLC increased its stake in Autoliv by 3.6% during the 2nd quarter. ProShare Advisors LLC now owns 3,152 shares of the auto parts company’s stock valued at $353,000 after purchasing an additional 109 shares in the last quarter. Farther Finance Advisors LLC increased its position in shares of Autoliv by 7.4% in the 3rd quarter. Farther Finance Advisors LLC now owns 2,074 shares of the auto parts company’s stock valued at $256,000 after acquiring an additional 143 shares during the period. Boston Trust Walden Corp raised its stake in Autoliv by 4.1% in the 3rd quarter. Boston Trust Walden Corp now owns 4,216 shares of the auto parts company’s stock worth $521,000 after acquiring an additional 166 shares during the last quarter. GAMMA Investing LLC raised its stake in Autoliv by 30.0% in the 3rd quarter. GAMMA Investing LLC now owns 733 shares of the auto parts company’s stock worth $91,000 after acquiring an additional 169 shares during the last quarter. Finally, Mitsubishi UFJ Asset Management Co. Ltd. lifted its position in Autoliv by 103.5% during the 2nd quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 348 shares of the auto parts company’s stock worth $39,000 after acquiring an additional 177 shares during the period. 69.57% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

ALV has been the subject of several research analyst reports. Berenberg Bank set a $134.00 price objective on Autoliv in a research note on Tuesday, October 21st. Weiss Ratings reiterated a “buy (b)” rating on shares of Autoliv in a report on Monday, December 29th. Barclays lifted their price objective on shares of Autoliv from $135.00 to $150.00 and gave the company an “overweight” rating in a research note on Friday, October 10th. Deutsche Bank Aktiengesellschaft set a $133.00 price objective on shares of Autoliv in a research note on Friday, October 10th. Finally, TD Cowen restated a “buy” rating on shares of Autoliv in a research report on Monday, October 20th. Ten analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat, Autoliv presently has an average rating of “Moderate Buy” and a consensus price target of $133.00.

Autoliv Trading Up 0.1%

ALV stock opened at $127.13 on Tuesday. Autoliv, Inc. has a 52-week low of $75.49 and a 52-week high of $130.14. The company has a quick ratio of 0.70, a current ratio of 0.95 and a debt-to-equity ratio of 0.54. The firm has a market cap of $9.66 billion, a P/E ratio of 13.13, a PEG ratio of 0.79 and a beta of 1.32. The company’s 50-day simple moving average is $121.12 and its 200-day simple moving average is $120.43.

Autoliv Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, December 10th. Stockholders of record on Friday, November 21st were paid a dividend of $0.87 per share. This represents a $3.48 annualized dividend and a dividend yield of 2.7%. The ex-dividend date of this dividend was Friday, November 21st. This is a positive change from Autoliv’s previous quarterly dividend of $0.85. Autoliv’s dividend payout ratio is currently 35.95%.

Autoliv Profile

Autoliv Inc (NYSE: ALV) is a leading global supplier of automotive safety systems, specializing in the design, development and manufacture of passive and active safety products. Its core product portfolio includes airbags, seatbelts, steering wheels, restraint control modules and pedestrian protection systems. In recent years, the company has also expanded into active safety technologies, offering radar, camera and sensor solutions that support advanced driver assistance systems (ADAS) and autonomous driving applications.

Founded in 1997 following the spin-off of Electrolux’s automotive safety business, Autoliv has evolved into a multinational organization with a presence in over 27 countries.