DekaBank Deutsche Girozentrale boosted its position in Autoliv, Inc. (NYSE:ALV - Free Report) by 379.7% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 21,385 shares of the auto parts company's stock after acquiring an additional 16,927 shares during the period. DekaBank Deutsche Girozentrale's holdings in Autoliv were worth $2,362,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also recently bought and sold shares of ALV. JPMorgan Chase & Co. grew its stake in Autoliv by 51.4% in the 1st quarter. JPMorgan Chase & Co. now owns 22,346 shares of the auto parts company's stock worth $1,708,000 after acquiring an additional 7,587 shares during the period. Raymond James Financial Services Advisors Inc. grew its stake in Autoliv by 7.5% in the 1st quarter. Raymond James Financial Services Advisors Inc. now owns 3,092 shares of the auto parts company's stock worth $236,000 after acquiring an additional 217 shares during the period. Bank of New York Mellon Corp grew its stake in Autoliv by 2.0% in the 1st quarter. Bank of New York Mellon Corp now owns 107,903 shares of the auto parts company's stock worth $8,247,000 after acquiring an additional 2,073 shares during the period. American Century Companies Inc. boosted its holdings in shares of Autoliv by 16.8% in the 1st quarter. American Century Companies Inc. now owns 24,143 shares of the auto parts company's stock valued at $1,845,000 after purchasing an additional 3,464 shares during the last quarter. Finally, Acadian Asset Management LLC acquired a new position in shares of Autoliv in the 1st quarter valued at $122,000. 69.57% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
A number of equities analysts have weighed in on ALV shares. Barclays lifted their price target on shares of Autoliv from $107.00 to $120.00 and gave the company an "equal weight" rating in a report on Thursday. Berenberg Bank upgraded shares of Autoliv from a "hold" rating to a "buy" rating and set a $120.00 price target on the stock in a report on Friday, January 12th. StockNews.com upgraded shares of Autoliv from a "hold" rating to a "buy" rating in a report on Saturday, January 20th. Wells Fargo & Company lifted their price target on shares of Autoliv from $101.00 to $107.00 and gave the company an "equal weight" rating in a report on Monday, January 29th. Finally, Mizuho lifted their price target on shares of Autoliv from $115.00 to $135.00 and gave the company a "buy" rating in a report on Monday, March 25th. Seven research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to MarketBeat, Autoliv currently has an average rating of "Hold" and an average price target of $115.18.
Check Out Our Latest Research Report on ALV
Autoliv Stock Down 2.2 %
Shares of NYSE:ALV traded down $2.58 during midday trading on Friday, hitting $115.26. 401,439 shares of the company's stock traded hands, compared to its average volume of 420,481. Autoliv, Inc. has a twelve month low of $79.66 and a twelve month high of $124.38. The company has a market cap of $9.39 billion, a PE ratio of 20.05, a P/E/G ratio of 0.74 and a beta of 1.72. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.73 and a current ratio of 0.98. The firm's fifty day moving average price is $116.38 and its two-hundred day moving average price is $106.58.
Autoliv (NYSE:ALV - Get Free Report) last posted its quarterly earnings data on Friday, January 26th. The auto parts company reported $3.74 earnings per share for the quarter, beating analysts' consensus estimates of $3.37 by $0.37. The company had revenue of $2.75 billion during the quarter, compared to analysts' expectations of $2.75 billion. Autoliv had a net margin of 4.66% and a return on equity of 27.13%. The firm's revenue for the quarter was up 17.8% on a year-over-year basis. During the same period in the prior year, the company posted $1.83 EPS. On average, equities research analysts anticipate that Autoliv, Inc. will post 9.7 EPS for the current fiscal year.
Autoliv Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, March 27th. Shareholders of record on Tuesday, March 12th were given a $0.68 dividend. The ex-dividend date of this dividend was Monday, March 11th. This represents a $2.72 dividend on an annualized basis and a yield of 2.36%. Autoliv's payout ratio is currently 47.30%.
Insider Buying and Selling at Autoliv
In other Autoliv news, VP Mikael Hagstrom sold 327 shares of the company's stock in a transaction dated Wednesday, February 21st. The shares were sold at an average price of $109.69, for a total value of $35,868.63. Following the completion of the transaction, the vice president now directly owns 327 shares of the company's stock, valued at approximately $35,868.63. The transaction was disclosed in a filing with the SEC, which is accessible through this link. In other news, VP Mikael Hagstrom sold 327 shares of the company's stock in a transaction dated Wednesday, February 21st. The shares were sold at an average price of $109.69, for a total value of $35,868.63. Following the sale, the vice president now owns 327 shares in the company, valued at approximately $35,868.63. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Colin Naughton sold 782 shares of the company's stock in a transaction dated Friday, February 2nd. The shares were sold at an average price of $110.68, for a total transaction of $86,551.76. Following the completion of the sale, the insider now owns 5,594 shares in the company, valued at approximately $619,143.92. The disclosure for this sale can be found here. Insiders sold a total of 8,388 shares of company stock valued at $921,757 in the last ninety days. Insiders own 0.20% of the company's stock.
Autoliv Company Profile
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Free Report)
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.
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