Capital Advantage Inc. Takes $778,000 Position in Autoliv, Inc. (NYSE:ALV)

Capital Advantage Inc. acquired a new position in Autoliv, Inc. (NYSE:ALV - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 8,298 shares of the auto parts company's stock, valued at approximately $778,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. UMB Bank n.a. raised its position in Autoliv by 139.5% in the fourth quarter. UMB Bank n.a. now owns 273 shares of the auto parts company's stock worth $26,000 after acquiring an additional 159 shares during the period. AlphaQuest LLC raised its holdings 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 purchasing an additional 134 shares during the period. Twin Tree Management LP purchased a new position in Autoliv during the fourth quarter valued at $50,000. Physician Wealth Advisors Inc. bought a new stake in Autoliv during the fourth quarter valued at about $57,000. Finally, Captrust Financial Advisors increased its position in Autoliv by 6.8% in the fourth quarter. Captrust Financial Advisors now owns 2,433 shares of the auto parts company's stock worth $228,000 after buying an additional 155 shares in the last quarter. Hedge funds and other institutional investors own 69.57% of the company's stock.

Autoliv Trading Up 3.0 %

ALV traded up $2.81 on Friday, hitting $98.04. The company had a trading volume of 786,379 shares, compared to its average volume of 819,178. The business's fifty day simple moving average is $89.33 and its 200 day simple moving average is $94.08. The company has a quick ratio of 0.71, a current ratio of 0.96 and a debt-to-equity ratio of 0.67. Autoliv, Inc. has a 12-month low of $75.49 and a 12-month high of $129.38. The company has a market cap of $7.58 billion, a PE ratio of 12.15, a PEG ratio of 0.73 and a beta of 1.36.

Autoliv (NYSE:ALV - Get Free Report) last released its earnings results 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. The firm had revenue of $2.58 billion for the quarter, compared to the consensus estimate of $2.50 billion. Autoliv had a return on equity of 28.62% and a net margin of 6.21%. During the same quarter in the previous year, the company posted $1.58 EPS. Equities research analysts expect that Autoliv, Inc. will post 9.51 EPS for the current year.

Autoliv Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 10th. Stockholders of record on Wednesday, May 21st will be issued a $0.70 dividend. The ex-dividend date is Wednesday, May 21st. This represents a $2.80 annualized dividend and a dividend yield of 2.86%. Autoliv's dividend payout ratio (DPR) is presently 32.22%.

Analyst Ratings Changes

A number of research analysts recently issued reports on the company. Mizuho cut their price objective on Autoliv from $112.00 to $95.00 and set an "outperform" rating for the company in a research note on Thursday, April 10th. Cowen began coverage on shares of Autoliv in a research note on Thursday, March 6th. They issued a "buy" rating for the company. Pareto Securities cut shares of Autoliv to a "hold" rating in a research note on Monday, February 3rd. Barclays increased their price target on Autoliv from $97.00 to $105.00 and gave the stock an "overweight" rating in a research note on Monday, April 21st. Finally, BNP Paribas Exane upgraded Autoliv from a "neutral" rating to an "outperform" rating and set a $123.00 price objective on the stock in a research report on Friday. Six investment analysts have rated the stock with a hold rating, twelve have issued a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat.com, Autoliv currently has a consensus rating of "Moderate Buy" and a consensus target price of $112.79.

Insider Activity at Autoliv

In other news, insider Magnus Jarlegren sold 1,289 shares of the business's stock in a transaction on Tuesday, February 25th. The shares were sold at an average price of $98.83, for a total transaction of $127,391.87. Following the completion of the sale, the insider now directly owns 6,142 shares of the company's stock, valued at approximately $607,013.86. The trade was a 17.35 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Mikael Bratt sold 5,760 shares of the company's stock in a transaction dated Tuesday, February 25th. The stock was sold at an average price of $98.90, for a total transaction of $569,664.00. Following the completion of the transaction, the chief executive officer now owns 23,307 shares in the company, valued at approximately $2,305,062.30. The trade was a 19.82 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 9,253 shares of company stock worth $915,534. Insiders own 0.30% of the company's stock.

About Autoliv

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.