Nomura Holdings Inc. Makes New $902,000 Investment in Autoliv, Inc. (NYSE:ALV)

Nomura Holdings Inc. bought a new position in shares of Autoliv, Inc. (NYSE:ALV - Free Report) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 9,614 shares of the auto parts company's stock, valued at approximately $902,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. FMR LLC increased its position in Autoliv by 9.9% during the fourth quarter. FMR LLC now owns 7,146,500 shares of the auto parts company's stock worth $670,270,000 after buying an additional 641,895 shares during the last quarter. FIL Ltd increased its position in Autoliv by 17.3% during the fourth quarter. FIL Ltd now owns 2,382,265 shares of the auto parts company's stock worth $223,433,000 after buying an additional 351,876 shares during the last quarter. Dimensional Fund Advisors LP grew its position in shares of Autoliv by 9.0% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,623,600 shares of the auto parts company's stock valued at $152,275,000 after purchasing an additional 134,347 shares during the last quarter. Mondrian Investment Partners LTD grew its position in shares of Autoliv by 4.5% in the fourth quarter. Mondrian Investment Partners LTD now owns 1,378,636 shares of the auto parts company's stock valued at $133,259,000 after purchasing an additional 59,592 shares during the last quarter. Finally, Wellington Management Group LLP grew its position in shares of Autoliv by 12.5% in the fourth quarter. Wellington Management Group LLP now owns 1,023,937 shares of the auto parts company's stock valued at $96,035,000 after purchasing an additional 113,500 shares during the last quarter. 69.57% of the stock is owned by institutional investors.

Autoliv Stock Performance

Shares of ALV stock traded up $0.21 during mid-day trading on Friday, reaching $100.83. 587,916 shares of the company's stock traded hands, compared to its average volume of 822,268. The firm has a market capitalization of $7.79 billion, a PE ratio of 12.49, a price-to-earnings-growth ratio of 0.73 and a beta of 1.36. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.71 and a current ratio of 0.96. The firm has a 50 day moving average price of $91.01 and a two-hundred day moving average price of $94.46. Autoliv, Inc. has a 12 month low of $75.49 and a 12 month high of $129.38.

Autoliv (NYSE:ALV - Get Free Report) last announced its quarterly earnings results on Wednesday, April 16th. The auto parts company reported $2.15 EPS for the quarter, topping the consensus estimate of $1.72 by $0.43. The business had revenue of $2.58 billion for the quarter, compared to analysts' expectations of $2.50 billion. Autoliv had a net margin of 6.21% and a return on equity of 28.62%. During the same quarter in the previous year, the company earned $1.58 EPS. On average, research analysts forecast that Autoliv, Inc. will post 9.51 EPS for the current year.

Autoliv Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, June 10th. Stockholders of record on Wednesday, May 21st will be given a dividend of $0.70 per share. This represents a $2.80 dividend on an annualized basis and a dividend yield of 2.78%. The ex-dividend date of this dividend is Wednesday, May 21st. Autoliv's dividend payout ratio (DPR) is presently 32.22%.

Insider Activity

In related news, EVP Per Jonas Jademyr sold 401 shares of the company's stock in a transaction that occurred on 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 of the company's stock, valued at $67,712.25. This represents a 36.92% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Magnus Jarlegren sold 1,289 shares of the company'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 transaction, 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. Over the last ninety days, insiders have sold 9,253 shares of company stock worth $915,534. Corporate insiders own 0.20% of the company's stock.

Analysts Set New Price Targets

ALV has been the subject of several research analyst reports. BNP Paribas Exane upgraded Autoliv from a "neutral" rating to an "outperform" rating and set a $123.00 price objective for the company in a research report on Friday, May 9th. Robert W. Baird lowered their price objective on Autoliv from $105.00 to $90.00 and set a "neutral" rating on the stock in a research note on Tuesday, April 15th. Wells Fargo & Company lifted their price target on Autoliv from $82.00 to $100.00 and gave the company an "equal weight" rating in a research note on Monday, May 19th. Wall Street Zen upgraded Autoliv from a "hold" rating to a "buy" rating in a research report on Thursday, April 17th. Finally, Mizuho upped their price target on Autoliv from $95.00 to $112.00 and gave the company an "outperform" rating in a research report on Friday, May 16th. Six analysts have rated the stock with a hold rating, twelve have given a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $115.29.

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.