Envestnet Asset Management Inc. Sells 3,371 Shares of Autoliv, Inc. (NYSE:ALV)

Envestnet Asset Management Inc. lowered its holdings in shares of Autoliv, Inc. (NYSE:ALV – Free Report) by 9.

7% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 31,338 shares of the auto parts company’s stock after selling 3,371 shares during the quarter. Envestnet Asset Management Inc.



’s holdings in Autoliv were worth $2,939,000 at the end of the most recent reporting period. Several other institutional investors and hedge funds also recently added to or reduced their stakes in ALV. Legend Financial Advisors Inc.

grew its position in shares of Autoliv by 1.8% during the fourth quarter. Legend Financial Advisors Inc.

now owns 6,344 shares of the auto parts company’s stock valued at $595,000 after purchasing an additional 115 shares in the last quarter. CIBC Asset Management Inc boosted its stake in Autoliv by 5.2% during the fourth quarter.

CIBC Asset Management Inc now owns 2,501 shares of the auto parts company’s stock valued at $235,000 after buying an additional 124 shares during the last quarter. US Bancorp DE grew its holdings in Autoliv by 3.5% during the 4th quarter.

US Bancorp DE now owns 3,820 shares of the auto parts company’s stock valued at $358,000 after buying an additional 130 shares in the last quarter. AlphaQuest LLC increased its stake in Autoliv by 74.4% in the 4th quarter.

AlphaQuest LLC now owns 314 shares of the auto parts company’s stock worth $29,000 after acquiring an additional 134 shares during the last quarter. Finally, Hennion & Walsh Asset Management Inc. raised its holdings in shares of Autoliv by 3.

5% during the 4th quarter. Hennion & Walsh Asset Management Inc. now owns 4,171 shares of the auto parts company’s stock worth $391,000 after acquiring an additional 140 shares in the last quarter.

Institutional investors own 69.57% of the company’s stock. Insider Buying and Selling at AutolivIn related news, CEO Mikael Bratt sold 5,760 shares of Autoliv stock in a transaction that occurred on Tuesday, February 25th.

The shares were sold at an average price of $98.90, for a total value of $569,664.00.

Following the completion of the sale, the chief executive officer now directly owns 23,307 shares in the company, valued at $2,305,062.30. This trade represents a 19.

82 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO Fredrik Westin sold 1,803 shares of the company’s stock in a transaction that occurred on Tuesday, February 25th.

The shares were sold at an average price of $99.19, for a total transaction of $178,839.57.

Following the transaction, the chief financial officer now owns 7,261 shares in the company, valued at $720,218.59. The trade was a 19.

89 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 9,253 shares of company stock worth $915,534 over the last three months.

Corporate insiders own 0.30% of the company’s stock. Autoliv Trading Down 1.

3 %ALV opened at $91.04 on Friday. Autoliv, Inc.

has a 12 month low of $75.49 and a 12 month high of $129.38.

The stock has a fifty day moving average price of $89.97 and a 200-day moving average price of $94.18.

The firm has a market cap of $7.04 billion, a price-to-earnings ratio of 11.28, a PEG ratio of 0.

73 and a beta of 1.47. The company has a current ratio of 0.

96, a quick ratio of 0.71 and a debt-to-equity ratio of 0.67.

Autoliv (NYSE:ALV – Get Free Report) last announced its earnings results on Wednesday, April 16th. The auto parts company reported $2.15 EPS for the quarter, topping analysts’ consensus estimates of $1.

72 by $0.43. Autoliv had a net margin of 6.

21% and a return on equity of 28.62%. The business had revenue of $2.

58 billion during the quarter, compared to the consensus estimate of $2.50 billion. During the same period in the previous year, the company posted $1.

58 earnings per share. As a group, equities research analysts anticipate that Autoliv, Inc. will post 9.

51 earnings per share for the current fiscal year. Autoliv Dividend AnnouncementThe company also recently announced a quarterly dividend, which was paid on Monday, March 24th. Investors of record on Friday, March 7th were given a dividend of $0.

70 per share. The ex-dividend date was Friday, March 7th. This represents a $2.

80 dividend on an annualized basis and a yield of 3.08%. Autoliv’s payout ratio is 32.

22%. Wall Street Analysts Forecast GrowthA number of research analysts recently weighed in on ALV shares. Hsbc Global Res cut shares of Autoliv from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, February 4th.

Barclays lifted their price objective on shares of Autoliv from $97.00 to $105.00 and gave the stock an “overweight” rating in a research note on Monday, April 21st.

Mizuho decreased their target price on shares of Autoliv from $112.00 to $95.00 and set an “outperform” rating on the stock in a research report on Thursday, April 10th.

StockNews.com upgraded Autoliv from a “hold” rating to a “buy” rating in a research report on Thursday, April 17th. Finally, Robert W.

Baird decreased their price objective on Autoliv from $105.00 to $90.00 and set a “neutral” rating on the stock in a research report on Tuesday, April 15th.

Seven research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $112.

00.Get Our Latest Analysis on ALVAutoliv Profile (Free Report)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.

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