Schroder Investment Management Group Sells 5,670 Shares of Autoliv, Inc. (ALV)

Schroder Investment Management Group reduced its stake in Autoliv, Inc. (NYSE:ALV) by 4.1% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 133,400 shares of the auto parts company’s stock after selling 5,670 shares during the period. Schroder Investment Management Group owned approximately 0.15% of Autoliv worth $16,466,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. JPMorgan Chase & Co. increased its holdings in Autoliv by 106.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 3,956 shares of the auto parts company’s stock valued at $488,000 after purchasing an additional 2,036 shares in the last quarter. Legal & General Group Plc increased its holdings in Autoliv by 5.8% in the 3rd quarter. Legal & General Group Plc now owns 432,082 shares of the auto parts company’s stock valued at $53,403,000 after purchasing an additional 23,551 shares in the last quarter. FNY Partners Fund LP increased its holdings in Autoliv by 31.8% in the 3rd quarter. FNY Partners Fund LP now owns 10,616 shares of the auto parts company’s stock valued at $1,312,000 after purchasing an additional 2,561 shares in the last quarter. Great West Life Assurance Co. Can increased its holdings in Autoliv by 1.6% in the 3rd quarter. Great West Life Assurance Co. Can now owns 51,753 shares of the auto parts company’s stock valued at $6,378,000 after purchasing an additional 815 shares in the last quarter. Finally, Nordea Investment Management AB increased its holdings in Autoliv by 7.5% in the 3rd quarter. Nordea Investment Management AB now owns 71,519 shares of the auto parts company’s stock valued at $8,840,000 after purchasing an additional 5,018 shares in the last quarter. Hedge funds and other institutional investors own 33.54% of the company’s stock.

In other Autoliv news, insider Johan Lofvenholm sold 3,965 shares of the firm’s stock in a transaction that occurred on Thursday, November 30th. The shares were sold at an average price of $128.00, for a total value of $507,520.00. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 0.25% of the company’s stock.

A number of research firms have weighed in on ALV. ValuEngine raised shares of Autoliv from a “hold” rating to a “buy” rating in a research report on Friday, September 15th. Pareto Securities raised shares of Autoliv from a “sell” rating to a “hold” rating in a research report on Friday, September 15th. Buckingham Research raised shares of Autoliv from an “underperform” rating to a “neutral” rating and upped their price objective for the company from $87.00 to $114.00 in a research report on Friday, September 15th. Jefferies Group reissued a “buy” rating and issued a $145.00 price objective (up from $125.00) on shares of Autoliv in a research report on Thursday, September 21st. They noted that the move was a valuation call. Finally, Evercore ISI reissued an “underperform” rating and issued a $100.00 price objective (up from $85.00) on shares of Autoliv in a research report on Monday, September 18th. Four analysts have rated the stock with a sell rating, eleven have issued a hold rating and nine have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of $109.23.

Autoliv, Inc. (NYSE:ALV) opened at $128.37 on Wednesday. The company has a quick ratio of 1.23, a current ratio of 1.55 and a debt-to-equity ratio of 0.31. Autoliv, Inc. has a twelve month low of $96.08 and a twelve month high of $129.84. The stock has a market cap of $11,073.48, a PE ratio of 20.31, a price-to-earnings-growth ratio of 2.47 and a beta of 1.11.

Autoliv (NYSE:ALV) last issued its earnings results on Thursday, October 26th. The auto parts company reported $1.47 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.33 by $0.14. Autoliv had a net margin of 4.96% and a return on equity of 13.42%. The firm had revenue of $2.50 billion for the quarter, compared to analysts’ expectations of $2.50 billion. During the same quarter last year, the company posted $1.63 earnings per share. Autoliv’s revenue was up 1.6% on a year-over-year basis. equities analysts expect that Autoliv, Inc. will post 6.28 EPS for the current fiscal year.

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About Autoliv

Autoliv, Inc is a supplier of automotive safety systems with a range of product offerings, including passive safety systems and active safety systems. The Company operates through two segments: Passive Safety and Electronics. The Passive safety products include modules and components for passenger and driver-side airbags, side-impact airbag protection systems, seatbelts, steering wheels, inflator technologies, whiplash protection systems and child seats, and components for such systems, as well as passive safety electronic products, such as restraint electronics and crash sensors.

Institutional Ownership by Quarter for Autoliv (NYSE:ALV)

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