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

Outlook Wealth Advisors LLC acquired a new stake in Autoliv, Inc. (NYSE:ALV) in the first quarter, Holdings Channel reports. The fund acquired 4,036 shares of the auto parts company’s stock, valued at approximately $486,000.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. KRS Capital Management LLC raised its position in shares of Autoliv by 3.7% in the first quarter. KRS Capital Management LLC now owns 2,788 shares of the auto parts company’s stock valued at $336,000 after buying an additional 100 shares in the last quarter. State of Michigan Retirement System increased its stake in Autoliv by 0.6% during the 1st quarter. State of Michigan Retirement System now owns 18,100 shares of the auto parts company’s stock worth $2,180,000 after acquiring an additional 100 shares during the period. Wahed Invest LLC increased its stake in Autoliv by 8.5% during the 3rd quarter. Wahed Invest LLC now owns 1,339 shares of the auto parts company’s stock worth $129,000 after acquiring an additional 105 shares during the period. Corient Private Wealth LLC raised its holdings in Autoliv by 1.1% in the 4th quarter. Corient Private Wealth LLC now owns 9,490 shares of the auto parts company’s stock valued at $1,046,000 after acquiring an additional 107 shares in the last quarter. Finally, Rise Advisors LLC lifted its position in shares of Autoliv by 84.1% during the 4th quarter. Rise Advisors LLC now owns 267 shares of the auto parts company’s stock valued at $29,000 after acquiring an additional 122 shares during the period. Institutional investors and hedge funds own 69.57% of the company’s stock.

Autoliv Price Performance

NYSE:ALV traded up $6.44 on Friday, hitting $122.29. The company had a trading volume of 1,500,131 shares, compared to its average volume of 443,752. Autoliv, Inc. has a 52 week low of $79.66 and a 52 week high of $125.91. 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 capitalization of $9.96 billion, a price-to-earnings ratio of 21.27, a PEG ratio of 0.77 and a beta of 1.72. The firm has a 50 day moving average of $117.74 and a two-hundred day moving average of $107.94.

Autoliv (NYSE:ALV) last announced its quarterly earnings results on Friday, January 26th. The auto parts company reported $3.74 EPS 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 analysts’ expectations of $2.75 billion. Autoliv had a return on equity of 27.13% and a net margin of 4.66%. Autoliv’s revenue was up 17.8% compared to the same quarter last year. During the same period in the prior year, the company earned $1.83 EPS. On average, research analysts anticipate that Autoliv, Inc. will post 9.67 earnings per share for the current year.

Autoliv Announces Dividend

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

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on the company. StockNews.com upgraded Autoliv from a “hold” rating to a “buy” rating in a research report on Saturday, January 20th. JPMorgan Chase & Co. raised their target price on shares of Autoliv from $117.00 to $129.00 and gave the company a “neutral” rating in a report on Monday, April 22nd. Wells Fargo & Company upped their price target on shares of Autoliv from $101.00 to $107.00 and gave the stock an “equal weight” rating in a report on Monday, January 29th. Mizuho increased their price target on shares of Autoliv from $115.00 to $135.00 and gave the stock a “buy” rating in a research report on Monday, March 25th. Finally, Barclays boosted their price objective on shares of Autoliv from $107.00 to $120.00 and gave the company an “equal weight” rating in a research report on Thursday, April 11th. Seven equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Autoliv currently has a consensus rating of “Hold” and a consensus price target of $118.60.

Insider Activity

In other news, EVP Anthony J. Nellis sold 760 shares of the company’s stock in a transaction that occurred on Tuesday, February 20th. The stock was sold at an average price of $110.00, for a total value of $83,600.00. Following the completion of the transaction, the executive vice president now owns 4,859 shares of the company’s stock, valued at $534,490. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. In related news, EVP Anthony J. Nellis sold 760 shares of the business’s stock in a transaction on Tuesday, February 20th. The shares were sold at an average price of $110.00, for a total value of $83,600.00. Following the sale, the executive vice president now owns 4,859 shares of the company’s stock, valued at $534,490. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CEO Mikael Bratt sold 4,226 shares of the stock in a transaction on Wednesday, February 21st. The shares were sold at an average price of $109.72, for a total value of $463,676.72. Following the completion of the sale, the chief executive officer now 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 valued at $921,757. 0.20% of the stock is currently owned by corporate insiders.

Autoliv 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.