Barclays PLC Has $5.09 Million Holdings in Autoliv, Inc. (NYSE:ALV)

Barclays PLC lifted its holdings in shares of Autoliv, Inc. (NYSE:ALV - Free Report) by 79.6% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 54,282 shares of the auto parts company's stock after buying an additional 24,066 shares during the period. Barclays PLC owned 0.07% of Autoliv worth $5,091,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Virtu Financial LLC bought a new stake in Autoliv in the third quarter valued at $1,684,000. JPMorgan Chase & Co. increased its holdings in shares of Autoliv by 38.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 276,315 shares of the auto parts company's stock worth $25,800,000 after acquiring an additional 76,510 shares during the period. Fortem Financial Group LLC increased its holdings in shares of Autoliv by 3.5% in the 4th quarter. Fortem Financial Group LLC now owns 6,753 shares of the auto parts company's stock worth $633,000 after acquiring an additional 228 shares during the period. Legend Financial Advisors Inc. boosted its stake in Autoliv by 1.8% during the 4th 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 during the period. Finally, Hennion & Walsh Asset Management Inc. boosted its stake in 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 valued at $391,000 after purchasing an additional 140 shares during the period. Institutional investors and hedge funds own 69.57% of the company's stock.

Insiders Place Their Bets

In related news, CEO Mikael Bratt sold 5,760 shares of the firm's stock in a transaction that occurred on Tuesday, February 25th. The shares were sold at an average price of $98.90, for a total transaction 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 approximately $2,305,062.30. This trade represents a 19.82 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Magnus Jarlegren sold 1,289 shares of the stock in a transaction that occurred on Tuesday, February 25th. The stock was 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 owns 6,142 shares of the company's stock, valued at approximately $607,013.86. The trade was a 17.35 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 9,253 shares of company stock worth $915,534. Corporate insiders own 0.20% of the company's stock.

Autoliv Price Performance

Shares of ALV traded up $0.13 during trading hours on Wednesday, hitting $93.31. 672,431 shares of the company were exchanged, compared to its average volume of 816,062. Autoliv, Inc. has a one year low of $75.49 and a one year high of $129.38. The company has a market capitalization of $7.21 billion, a PE ratio of 11.56, a PEG ratio of 0.73 and a beta of 1.47. The company has a debt-to-equity ratio of 0.67, a current ratio of 0.96 and a quick ratio of 0.71. The firm has a fifty day simple moving average of $89.72 and a 200-day simple moving average of $94.15.

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

Autoliv Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 24th. Investors of record on Friday, March 7th were paid a $0.70 dividend. This represents a $2.80 dividend on an annualized basis and a yield of 3.00%. The ex-dividend date of this dividend was Friday, March 7th. Autoliv's dividend payout ratio is 32.22%.

Analysts Set New Price Targets

Several brokerages have commented on ALV. Daiwa America upgraded shares of Autoliv from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, January 7th. HSBC cut Autoliv from a "buy" rating to a "hold" rating and lowered their target price for the company from $109.00 to $100.00 in a research report on Tuesday, February 4th. Barclays boosted their price target on Autoliv from $97.00 to $105.00 and gave the stock an "overweight" rating in a research report on Monday, April 21st. Cowen started coverage on Autoliv in a report on Thursday, March 6th. They set a "buy" rating on the stock. Finally, Robert W. Baird decreased their target price on shares of Autoliv from $105.00 to $90.00 and set a "neutral" rating for the company in a research report on Tuesday, April 15th. Seven 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 company. According to MarketBeat.com, Autoliv has a consensus rating of "Moderate Buy" and a consensus price target of $112.00.

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.