State of Wyoming Buys 4,189 Shares of Autoliv, Inc. $ALV

State of Wyoming increased its stake in Autoliv, Inc. (NYSE:ALV) by 154.6% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,899 shares of the auto parts company’s stock after acquiring an additional 4,189 shares during the quarter. State of Wyoming’s holdings in Autoliv were worth $819,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Torren Management LLC bought a new stake in Autoliv during the 4th quarter valued at $25,000. IFP Advisors Inc increased its stake in Autoliv by 110.3% during the 3rd quarter. IFP Advisors Inc now owns 204 shares of the auto parts company’s stock valued at $25,000 after purchasing an additional 107 shares in the last quarter. Quarry LP bought a new stake in Autoliv during the 3rd quarter valued at $36,000. Johnson Financial Group Inc. bought a new stake in Autoliv during the 3rd quarter valued at $37,000. Finally, Allworth Financial LP increased its stake in Autoliv by 298.8% during the 4th quarter. Allworth Financial LP now owns 327 shares of the auto parts company’s stock valued at $39,000 after purchasing an additional 245 shares in the last quarter. Institutional investors own 69.57% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have commented on the stock. Barclays decreased their price target on shares of Autoliv from $140.00 to $135.00 and set an “overweight” rating for the company in a research note on Monday, March 30th. Robert W. Baird upped their target price on shares of Autoliv from $119.00 to $130.00 and gave the stock a “neutral” rating in a research note on Monday, April 20th. Weiss Ratings lowered shares of Autoliv from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, May 6th. Bank of America started coverage on shares of Autoliv in a research note on Thursday, April 16th. They issued a “buy” rating and a $140.00 target price for the company. Finally, TD Cowen reduced their target price on shares of Autoliv from $150.00 to $147.00 and set a “buy” rating for the company in a research note on Wednesday, April 15th. Eight research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $135.00.

Autoliv Price Performance

Shares of NYSE:ALV opened at $130.67 on Friday. The company’s 50-day moving average is $116.27 and its 200 day moving average is $118.15. The company has a debt-to-equity ratio of 0.64, a quick ratio of 0.82 and a current ratio of 1.08. The company has a market capitalization of $9.78 billion, a P/E ratio of 14.05, a price-to-earnings-growth ratio of 0.87 and a beta of 1.33. Autoliv, Inc. has a fifty-two week low of $99.16 and a fifty-two week high of $132.17.

Autoliv (NYSE:ALV) last released its quarterly earnings data on Saturday, April 18th. The auto parts company reported $2.05 EPS for the quarter, beating the consensus estimate of $1.84 by $0.21. The business had revenue of $2.75 billion for the quarter, compared to the consensus estimate of $2.61 billion. Autoliv had a net margin of 6.45% and a return on equity of 29.03%. The company’s revenue was up 6.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.15 earnings per share. On average, equities research analysts forecast that Autoliv, Inc. will post 10.53 earnings per share for the current year.

Autoliv Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 8th. Shareholders of record on Wednesday, May 20th will be issued a dividend of $0.87 per share. The ex-dividend date of this dividend is Wednesday, May 20th. This represents a $3.48 annualized dividend and a yield of 2.7%. Autoliv’s dividend payout ratio is 37.42%.

Autoliv Company 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.