MetLife Investment Management LLC Raises Holdings in Autoliv, Inc. (NYSE:ALV)

MetLife Investment Management LLC raised its position in shares of Autoliv, Inc. (NYSE:ALV - Free Report) by 8.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 39,568 shares of the auto parts company's stock after buying an additional 3,061 shares during the quarter. MetLife Investment Management LLC owned about 0.05% of Autoliv worth $3,711,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the company. Barclays PLC raised its position in shares of Autoliv by 41.5% during the 3rd quarter. Barclays PLC now owns 30,216 shares of the auto parts company's stock valued at $2,821,000 after buying an additional 8,859 shares in the last quarter. Virtu Financial LLC bought a new stake in Autoliv during the third quarter worth approximately $1,684,000. JPMorgan Chase & Co. raised its position in Autoliv by 38.3% during the third quarter. JPMorgan Chase & Co. now owns 276,315 shares of the auto parts company's stock valued at $25,800,000 after purchasing an additional 76,510 shares during the period. Fortem Financial Group LLC lifted its stake 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 valued at $633,000 after purchasing an additional 228 shares during the last quarter. Finally, Legend Financial Advisors Inc. boosted its holdings in shares of Autoliv by 1.8% in the 4th quarter. Legend Financial Advisors Inc. now owns 6,344 shares of the auto parts company's stock worth $595,000 after purchasing an additional 115 shares during the period. Institutional investors own 69.57% of the company's stock.

Insider Activity

In other Autoliv news, EVP Per Jonas Jademyr sold 401 shares of the firm's stock in a transaction that occurred on Tuesday, February 25th. The shares were sold at an average price of $98.85, for a total value of $39,638.85. Following the completion of 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Mikael Bratt sold 5,760 shares of Autoliv stock in a transaction on 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 directly owns 23,307 shares in the company, valued at $2,305,062.30. This represents a 19.82 % decrease in their ownership of the stock. 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. 0.20% of the stock is currently owned by company insiders.

Autoliv Stock Down 0.4 %

Shares of Autoliv stock traded down $0.34 during trading on Wednesday, hitting $92.84. 294,426 shares of the stock traded hands, compared to its average volume of 814,656. The company has a current ratio of 0.96, a quick ratio of 0.71 and a debt-to-equity ratio of 0.67. The stock's fifty day simple moving average is $89.72 and its 200 day simple moving average is $94.15. The firm has a market cap of $7.18 billion, a P/E ratio of 11.50, a price-to-earnings-growth ratio of 0.73 and a beta of 1.47. Autoliv, Inc. has a 52-week low of $75.49 and a 52-week 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 EPS for the quarter, beating the consensus estimate of $1.72 by $0.43. Autoliv had a net margin of 6.21% and a return on equity of 28.62%. The business had revenue of $2.58 billion during the quarter, compared to analyst estimates of $2.50 billion. During the same quarter in the previous year, the business posted $1.58 EPS. On average, equities analysts predict that Autoliv, Inc. will post 9.51 earnings per share for the current fiscal year.

Autoliv Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, March 24th. Shareholders of record on Friday, March 7th were given a dividend of $0.70 per share. The ex-dividend date was Friday, March 7th. This represents a $2.80 annualized dividend and a yield of 3.02%. Autoliv's dividend payout ratio (DPR) is presently 32.22%.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on ALV shares. Daiwa Capital Markets upgraded Autoliv from a "neutral" rating to an "outperform" rating and set a $109.00 price target for the company in a research report on Tuesday, January 7th. HSBC lowered shares of Autoliv from a "buy" rating to a "hold" rating and lowered their target price for the stock from $109.00 to $100.00 in a report on Tuesday, February 4th. Hsbc Global Res downgraded shares of Autoliv from a "strong-buy" rating to a "hold" rating in a report on Tuesday, February 4th. StockNews.com raised shares of Autoliv from a "hold" rating to a "buy" rating in a research note on Thursday, April 17th. Finally, Wells Fargo & Company cut their target price on Autoliv from $84.00 to $82.00 and set an "equal weight" rating on the stock in a research note on Thursday, April 17th. 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 data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $112.00.

Autoliv Company 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.