Measured Wealth Private Client Group LLC Invests $221,000 in Autoliv, Inc. (NYSE:ALV)

Measured Wealth Private Client Group LLC bought a new stake in Autoliv, Inc. (NYSE:ALV) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 2,003 shares of the auto parts company’s stock, valued at approximately $221,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Louisiana State Employees Retirement System bought a new stake in Autoliv in the fourth quarter valued at approximately $2,314,000. Foundry Partners LLC bought a new stake in Autoliv in the fourth quarter valued at approximately $15,165,000. New York Life Investment Management LLC raised its stake in Autoliv by 90.3% in the third quarter. New York Life Investment Management LLC now owns 8,151 shares of the auto parts company’s stock valued at $786,000 after buying an additional 3,867 shares during the period. Versor Investments LP raised its stake in Autoliv by 43.5% in the third quarter. Versor Investments LP now owns 8,250 shares of the auto parts company’s stock valued at $796,000 after buying an additional 2,501 shares during the period. Finally, CI Investments Inc. raised its stake in Autoliv by 2.8% in the third quarter. CI Investments Inc. now owns 231,211 shares of the auto parts company’s stock valued at $22,307,000 after buying an additional 6,394 shares during the period. Institutional investors own 69.57% of the company’s stock.

Analysts Set New Price Targets

Several analysts have issued reports on the company. Robert W. Baird upped their price objective on Autoliv from $133.00 to $135.00 and gave the company a “neutral” rating in a research note on Monday, April 29th. StockNews.com upgraded Autoliv from a “buy” rating to a “strong-buy” rating in a research note on Friday. Mizuho increased their target price on Autoliv from $115.00 to $135.00 and gave the stock a “buy” rating in a research note on Monday, March 25th. Wells Fargo & Company increased their target price on Autoliv from $126.00 to $128.00 and gave the stock an “equal weight” rating in a research note on Monday, April 29th. Finally, JPMorgan Chase & Co. increased their target price on Autoliv from $117.00 to $129.00 and gave the stock a “neutral” rating in a research note on Monday, April 22nd. Seven investment analysts have rated the stock with a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $125.90.

Autoliv Price Performance

NYSE:ALV traded down $0.42 during trading hours on Friday, reaching $121.38. 606,869 shares of the company were exchanged, compared to its average volume of 559,335. The company has a market capitalization of $9.88 billion, a P/E ratio of 18.94, a P/E/G ratio of 0.77 and a beta of 1.69. Autoliv, Inc. has a 1-year low of $79.66 and a 1-year high of $125.91. The company has a debt-to-equity ratio of 0.75, a current ratio of 1.10 and a quick ratio of 0.82. The business has a 50 day moving average of $118.72 and a 200 day moving average of $108.91.

Autoliv Announces Dividend

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

Insider Buying and Selling

In other Autoliv news, EVP Anthony J. Nellis sold 760 shares of the firm’s stock in a transaction 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 sale, the executive vice president now owns 4,859 shares of the company’s stock, valued at approximately $534,490. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. In related news, EVP Anthony J. Nellis sold 760 shares of the firm’s stock in a transaction on Tuesday, February 20th. The stock was sold at an average price of $110.00, for a total transaction of $83,600.00. Following the sale, the executive vice president now owns 4,859 shares of the company’s stock, valued at approximately $534,490. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Magnus Jarlegren sold 975 shares of the firm’s stock in a transaction on Wednesday, February 21st. The shares were sold at an average price of $109.92, for a total value of $107,172.00. Following the sale, the insider now directly owns 4,854 shares in the company, valued at approximately $533,551.68. The disclosure for this sale can be found here. Insiders have sold 7,606 shares of company stock valued at $835,205 over the last 90 days. 0.20% of the stock is owned by corporate insiders.

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.