Bank of Montreal Can Buys 5,806 Shares of Autoliv, Inc. (NYSE:ALV)

Bank of Montreal Can boosted its position in shares of Autoliv, Inc. (NYSE:ALV - Free Report) by 22.4% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 31,782 shares of the auto parts company's stock after purchasing an additional 5,806 shares during the quarter. Bank of Montreal Can's holdings in Autoliv were worth $2,981,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of the business. FMR LLC lifted its position in Autoliv by 9.9% in the 4th quarter. FMR LLC now owns 7,146,500 shares of the auto parts company's stock valued at $670,270,000 after acquiring an additional 641,895 shares in the last quarter. Norges Bank acquired a new stake in shares of Autoliv during the 4th quarter worth about $36,761,000. Massachusetts Financial Services Co. MA grew its stake in Autoliv by 67.9% in the 4th quarter. Massachusetts Financial Services Co. MA now owns 701,994 shares of the auto parts company's stock valued at $65,840,000 after buying an additional 284,002 shares during the last quarter. Wellington Management Group LLP raised its holdings in Autoliv by 12.5% in the 4th quarter. Wellington Management Group LLP now owns 1,023,937 shares of the auto parts company's stock valued at $96,035,000 after acquiring an additional 113,500 shares during the period. Finally, Geode Capital Management LLC boosted its holdings in shares of Autoliv by 10.8% during the third quarter. Geode Capital Management LLC now owns 987,375 shares of the auto parts company's stock worth $92,221,000 after acquiring an additional 95,888 shares during the period. Institutional investors own 69.57% of the company's stock.

Autoliv Stock Performance

ALV traded down $1.20 during trading on Monday, hitting $85.14. 74,722 shares of the company traded hands, compared to its average volume of 817,923. The company has a quick ratio of 0.71, a current ratio of 0.96 and a debt-to-equity ratio of 0.67. The firm has a market cap of $6.59 billion, a P/E ratio of 10.56, a price-to-earnings-growth ratio of 0.73 and a beta of 1.47. Autoliv, Inc. has a one year low of $75.49 and a one year high of $129.38. The stock's fifty day moving average is $90.74 and its 200 day moving average is $94.34.

Autoliv (NYSE:ALV - Get Free Report) last released its quarterly earnings data on Wednesday, April 16th. The auto parts company reported $2.15 earnings per share for the quarter, beating analysts' consensus estimates of $1.72 by $0.43. The business had revenue of $2.58 billion during the quarter, compared to analyst estimates of $2.50 billion. Autoliv had a net margin of 6.21% and a return on equity of 28.62%. During the same period in the previous year, the business earned $1.58 EPS. As a group, equities analysts predict that Autoliv, Inc. will post 9.51 EPS for the current fiscal year.

Autoliv Announces Dividend

The company also recently disclosed 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. The ex-dividend date of this dividend was Friday, March 7th. This represents a $2.80 annualized dividend and a dividend yield of 3.29%. Autoliv's dividend payout ratio (DPR) is presently 32.22%.

Analyst Ratings Changes

Several research analysts have weighed in on the company. Pareto Securities cut Autoliv to a "hold" rating in a research report on Monday, February 3rd. Wells Fargo & Company decreased their target price on shares of Autoliv from $84.00 to $82.00 and set an "equal weight" rating on the stock in a research report on Thursday. Hsbc Global Res cut Autoliv from a "strong-buy" rating to a "hold" rating in a report on Tuesday, February 4th. TD Cowen started coverage on Autoliv in a research note on Friday, March 7th. They set a "buy" rating and a $116.00 target price for the company. Finally, Daiwa Capital Markets raised Autoliv from a "neutral" rating to an "outperform" rating and set a $109.00 price target for the company in a report on Tuesday, January 7th. Eight equities research analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, Autoliv has an average rating of "Moderate Buy" and a consensus price target of $112.64.

Insider Buying and Selling

In other Autoliv news, insider Magnus Jarlegren sold 1,289 shares of the firm's stock in a transaction that occurred 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 transaction, the insider now owns 6,142 shares of the company's stock, valued at approximately $607,013.86. This trade represents a 17.35 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Per Jonas Jademyr sold 401 shares of the stock in a transaction dated Tuesday, February 25th. The shares were sold at an average price of $98.85, for a total transaction of $39,638.85. Following the sale, the executive vice president now directly owns 685 shares in the company, valued at $67,712.25. This trade represents a 36.92 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 9,253 shares of company stock worth $915,534 in the last quarter. 0.20% of the stock is owned by insiders.

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.