D. E. Shaw & Co. Inc. Acquires Shares of 28,979 Autoliv, Inc. (NYSE:ALV)

D. E. Shaw & Co. Inc. bought a new stake in shares of Autoliv, Inc. (NYSE:ALV - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 28,979 shares of the auto parts company's stock, valued at approximately $2,718,000.

Other large investors have also recently modified their holdings of the company. Barclays PLC lifted its holdings in shares of Autoliv by 41.5% in the 3rd quarter. Barclays PLC now owns 30,216 shares of the auto parts company's stock worth $2,821,000 after buying an additional 8,859 shares during the period. Hennion & Walsh Asset Management Inc. increased its holdings in shares of Autoliv by 3.5% in the fourth 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. UMB Bank n.a. increased its holdings in shares of Autoliv by 139.5% in the fourth quarter. UMB Bank n.a. now owns 273 shares of the auto parts company's stock valued at $26,000 after purchasing an additional 159 shares during the period. Perpetual Ltd grew its holdings in Autoliv by 130.4% during the fourth quarter. Perpetual Ltd now owns 6,221 shares of the auto parts company's stock worth $583,000 after acquiring an additional 3,521 shares during the period. Finally, Nisa Investment Advisors LLC grew its holdings in Autoliv by 4.6% during the fourth quarter. Nisa Investment Advisors LLC now owns 4,315 shares of the auto parts company's stock worth $405,000 after acquiring an additional 190 shares during the period. Institutional investors own 69.57% of the company's stock.

Analysts Set New Price Targets

ALV has been the topic of a number of recent analyst reports. BNP Paribas upgraded Autoliv from a "hold" rating to a "strong-buy" rating in a research report on Friday, May 9th. Pareto Securities lowered Autoliv to a "hold" rating in a research note on Monday, February 3rd. HSBC downgraded Autoliv from a "buy" rating to a "hold" rating and reduced their target price for the company from $109.00 to $100.00 in a research report on Tuesday, February 4th. TD Cowen assumed coverage on Autoliv in a report on Friday, March 7th. They issued a "buy" rating and a $116.00 price objective on the stock. Finally, BNP Paribas Exane upgraded Autoliv from a "neutral" rating to an "outperform" rating and set a $123.00 price target on the stock in a report on Friday, May 9th. Six research 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. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $115.29.

Autoliv Trading Up 0.2%

Shares of NYSE ALV traded up $0.21 during mid-day trading on Friday, hitting $100.83. 587,916 shares of the company traded hands, compared to its average volume of 822,268. The business has a 50 day moving average of $91.01 and a two-hundred day moving average of $94.46. The stock has a market capitalization of $7.79 billion, a price-to-earnings ratio of 12.49, a PEG ratio of 0.73 and a beta of 1.36. 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 1 year low of $75.49 and a 1 year high of $129.38.

Autoliv (NYSE:ALV - Get Free Report) last posted its quarterly earnings results on Wednesday, April 16th. The auto parts company reported $2.15 earnings per share for the quarter, topping analysts' consensus estimates of $1.72 by $0.43. The company had revenue of $2.58 billion during 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 period last year, the business earned $1.58 EPS. On average, sell-side analysts anticipate that Autoliv, Inc. will post 9.51 earnings per share for the current fiscal year.

Autoliv Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 10th. Investors of record on Wednesday, May 21st will be paid a $0.70 dividend. This represents a $2.80 annualized dividend and a yield of 2.78%. The ex-dividend date of this dividend is Wednesday, May 21st. Autoliv's dividend payout ratio is 32.22%.

Insider Activity at Autoliv

In related news, insider Magnus Jarlegren sold 1,289 shares of the stock in a transaction dated 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 transaction, the insider now directly owns 6,142 shares in the company, valued at approximately $607,013.86. This trade represents a 17.35% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Fredrik Westin sold 1,803 shares of the firm's 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 completion of the transaction, the chief financial officer now owns 7,261 shares of the company's stock, valued at approximately $720,218.59. This represents a 19.89% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 9,253 shares of company stock valued at $915,534 in the last 90 days. 0.20% of the stock is owned by corporate insiders.

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.