Measured Wealth Private Client Group LLC Purchases Shares of 2,003 Autoliv, Inc. (NYSE:ALV)

Measured Wealth Private Client Group LLC purchased a new stake in shares of Autoliv, Inc. (NYSE:ALV) in the 4th quarter, HoldingsChannel reports. The firm purchased 2,003 shares of the auto parts company’s stock, valued at approximately $221,000.

Several other institutional investors have also added to or reduced their stakes in ALV. FMR LLC raised its stake in shares of Autoliv by 9.6% during the third quarter. FMR LLC now owns 5,264,937 shares of the auto parts company’s stock valued at $507,961,000 after acquiring an additional 459,147 shares during the last quarter. Vanguard Group Inc. raised its stake in shares of Autoliv by 6.7% during the third quarter. Vanguard Group Inc. now owns 2,136,224 shares of the auto parts company’s stock valued at $206,103,000 after acquiring an additional 133,746 shares during the last quarter. Invesco Ltd. raised its stake in shares of Autoliv by 30.3% during the third quarter. Invesco Ltd. now owns 519,924 shares of the auto parts company’s stock valued at $50,162,000 after acquiring an additional 121,025 shares during the last quarter. Assenagon Asset Management S.A. raised its stake in shares of Autoliv by 183.6% during the third quarter. Assenagon Asset Management S.A. now owns 487,586 shares of the auto parts company’s stock valued at $47,042,000 after acquiring an additional 315,668 shares during the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank raised its stake in shares of Autoliv by 3.5% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 454,610 shares of the auto parts company’s stock valued at $50,093,000 after acquiring an additional 15,257 shares during the last quarter. 69.57% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Autoliv

In other news, VP Mikael Hagstrom sold 327 shares of the stock in a transaction that occurred on Wednesday, February 21st. The shares were sold at an average price of $109.69, for a total transaction of $35,868.63. Following the sale, the vice president now owns 327 shares in the company, valued at $35,868.63. The transaction was disclosed in a filing with the SEC, which is available at this link. In other news, CEO Mikael Bratt sold 4,226 shares of the stock in a transaction that occurred on Wednesday, February 21st. The shares were sold at an average price of $109.72, for a total transaction of $463,676.72. Following the sale, the chief executive officer now owns 17,547 shares in the company, valued at $1,925,256.84. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, VP Mikael Hagstrom sold 327 shares of the stock in a transaction that occurred on Wednesday, February 21st. The shares were sold at an average price of $109.69, for a total transaction of $35,868.63. Following the sale, the vice president now owns 327 shares in the company, valued at approximately $35,868.63. The disclosure for this sale can be found here. Over the last quarter, insiders sold 7,606 shares of company stock valued at $835,205. Corporate insiders own 0.20% of the company’s stock.

Autoliv Stock Down 0.3 %

Shares of NYSE ALV traded down $0.42 on Friday, reaching $121.38. 606,869 shares of the company’s stock traded hands, compared to its average volume of 559,335. Autoliv, Inc. has a 12 month low of $79.66 and a 12 month high of $125.91. The business’s 50 day simple moving average is $118.72 and its two-hundred day simple moving average is $108.91. The company has a market cap of $9.88 billion, a price-to-earnings ratio of 18.94, a price-to-earnings-growth ratio of 0.77 and a beta of 1.69. The company has a quick ratio of 0.82, a current ratio of 1.10 and a debt-to-equity ratio of 0.75.

Autoliv Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, March 27th. Shareholders of record on Tuesday, March 12th were paid a dividend of $0.68 per share. This represents a $2.72 dividend on an annualized basis and a dividend yield of 2.24%. The ex-dividend date of this dividend was Monday, March 11th. Autoliv’s dividend payout ratio is 42.43%.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on ALV shares. Robert W. Baird increased their price target on shares of Autoliv from $133.00 to $135.00 and gave the stock a “neutral” rating in a research note on Monday, April 29th. Wells Fargo & Company increased their price target on shares of Autoliv from $126.00 to $128.00 and gave the stock an “equal weight” rating in a research note on Monday, April 29th. Bank of America increased their price target on shares of Autoliv from $135.00 to $145.00 and gave the stock a “buy” rating in a research note on Monday, April 29th. JPMorgan Chase & Co. increased their price target on shares of Autoliv from $117.00 to $129.00 and gave the stock a “neutral” rating in a research note on Monday, April 22nd. Finally, Berenberg Bank raised shares of Autoliv from a “hold” rating to a “buy” rating and set a $120.00 price target for the company in a research note on Friday, January 12th. Seven investment analysts have rated the stock with a hold rating, five have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $125.90.

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.