13D Management LLC Buys 8,542 Shares of Autoliv, Inc. (NYSE:ALV)

13D Management LLC lifted its position in Autoliv, Inc. (NYSE:ALV - Free Report) by 15.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 62,589 shares of the auto parts company's stock after acquiring an additional 8,542 shares during the period. Autoliv comprises approximately 4.3% of 13D Management LLC's holdings, making the stock its 11th largest position. 13D Management LLC owned approximately 0.08% of Autoliv worth $5,870,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in ALV. Legend Financial Advisors Inc. grew its position in Autoliv by 1.8% in the fourth quarter. Legend Financial Advisors Inc. now owns 6,344 shares of the auto parts company's stock worth $595,000 after acquiring an additional 115 shares in the last quarter. CIBC Asset Management Inc raised 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 worth $235,000 after acquiring an additional 124 shares in the last quarter. US Bancorp DE raised its stake in shares of Autoliv by 3.5% in the fourth quarter. US Bancorp DE now owns 3,820 shares of the auto parts company's stock valued at $358,000 after acquiring an additional 130 shares during the last quarter. AlphaQuest LLC lifted its position in Autoliv by 74.4% during the 4th quarter. AlphaQuest LLC now owns 314 shares of the auto parts company's stock worth $29,000 after buying an additional 134 shares in the last quarter. Finally, Hennion & Walsh Asset Management Inc. increased its stake in shares of Autoliv by 3.5% in the 4th quarter. Hennion & Walsh Asset Management Inc. now owns 4,171 shares of the auto parts company's stock valued at $391,000 after buying an additional 140 shares during the period. 69.57% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research firms have weighed in on ALV. Pareto Securities lowered Autoliv to a "hold" rating in a report on Monday, February 3rd. StockNews.com raised shares of Autoliv from a "hold" rating to a "buy" rating in a research report on Thursday, April 17th. Cowen initiated coverage on shares of Autoliv in a report on Thursday, March 6th. They issued a "buy" rating for the company. Mizuho cut their target price on Autoliv from $112.00 to $95.00 and set an "outperform" rating for the company in a research note on Thursday, April 10th. Finally, Barclays increased their target price on shares of Autoliv from $97.00 to $105.00 and gave the stock an "overweight" rating in a report on Monday, April 21st. Seven equities research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $112.00.

Autoliv Trading Up 1.0 %

ALV stock traded up $0.95 during midday trading on Wednesday, hitting $94.26. The stock had a trading volume of 141,824 shares, compared to its average volume of 813,856. The business has a fifty day moving average price of $89.30 and a two-hundred day moving average price of $94.11. Autoliv, Inc. has a 1-year low of $75.49 and a 1-year high of $129.38. The firm has a market cap of $7.29 billion, a P/E ratio of 11.70, a price-to-earnings-growth ratio of 0.73 and a beta of 1.36. 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 quarterly earnings data on Wednesday, April 16th. The auto parts company reported $2.15 earnings per share for the quarter, beating the consensus estimate of $1.72 by $0.43. Autoliv had a net margin of 6.21% and a return on equity of 28.62%. The firm had revenue of $2.58 billion for the quarter, compared to analyst estimates of $2.50 billion. During the same quarter in the prior year, the business earned $1.58 earnings per share. On average, sell-side analysts predict that Autoliv, Inc. will post 9.51 earnings per share for the current fiscal year.

Autoliv Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, March 24th. Stockholders of record on Friday, March 7th were given a dividend of $0.70 per share. This represents a $2.80 annualized dividend and a dividend yield of 2.97%. The ex-dividend date of this dividend was Friday, March 7th. Autoliv's payout ratio is presently 32.22%.

Insiders Place Their Bets

In related news, CFO Fredrik Westin sold 1,803 shares of Autoliv stock in a transaction that occurred on Tuesday, February 25th. The shares were sold at an average price of $99.19, for a total value of $178,839.57. Following the sale, the chief financial officer now owns 7,261 shares of the company's stock, valued at approximately $720,218.59. The trade was a 19.89 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Per Jonas Jademyr sold 401 shares of the company's stock in a transaction on Tuesday, February 25th. The shares were sold at an average price of $98.85, for a total value of $39,638.85. Following the transaction, the executive vice president now directly owns 685 shares in the company, valued at $67,712.25. This represents a 36.92 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 9,253 shares of company stock valued at $915,534. Corporate insiders own 0.30% of the company's stock.

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.