12,600 Shares in Autoliv, Inc. (NYSE:ALV) Bought by LSV Asset Management

LSV Asset Management purchased a new position in shares of Autoliv, Inc. (NYSE:ALV - Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 12,600 shares of the auto parts company's stock, valued at approximately $1,388,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in ALV. Benjamin F. Edwards & Company Inc. purchased a new stake in Autoliv during the fourth quarter worth about $27,000. Rise Advisors LLC grew its stake in shares of Autoliv by 84.1% during the 4th quarter. Rise Advisors LLC now owns 267 shares of the auto parts company's stock worth $29,000 after acquiring an additional 122 shares during the period. Fifth Third Bancorp increased its holdings in Autoliv by 269.5% in the 3rd quarter. Fifth Third Bancorp now owns 872 shares of the auto parts company's stock worth $84,000 after acquiring an additional 636 shares during the last quarter. Wahed Invest LLC raised its stake in Autoliv by 8.5% in the 3rd quarter. Wahed Invest LLC now owns 1,339 shares of the auto parts company's stock valued at $129,000 after acquiring an additional 105 shares during the period. Finally, Platinum Investment Management Ltd. lifted its holdings in Autoliv by 32.7% during the third quarter. Platinum Investment Management Ltd. now owns 1,816 shares of the auto parts company's stock valued at $175,000 after purchasing an additional 448 shares during the last quarter. 69.57% of the stock is currently owned by hedge funds and other institutional investors.

Autoliv Price Performance

NYSE ALV traded down $0.66 on Friday, reaching $124.34. 371,208 shares of the company's stock traded hands, compared to its average volume of 545,979. The stock has a market cap of $10.12 billion, a PE ratio of 19.50, a P/E/G ratio of 0.77 and a beta of 1.70. The company has a debt-to-equity ratio of 0.75, a current ratio of 1.10 and a quick ratio of 0.82. Autoliv, Inc. has a 12 month low of $79.66 and a 12 month high of $125.91. The stock has a 50-day simple moving average of $119.51 and a 200 day simple moving average of $109.66.

Autoliv Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, March 27th. Shareholders of record on Tuesday, March 12th were given a dividend of $0.68 per share. The ex-dividend date of this dividend was Monday, March 11th. This represents a $2.72 annualized dividend and a yield of 2.19%. Autoliv's payout ratio is 42.43%.

Insider Activity

In related news, CEO Mikael Bratt sold 4,226 shares of the stock in a transaction dated Wednesday, February 21st. The stock was sold at an average price of $109.72, for a total transaction of $463,676.72. Following the completion of the sale, the chief executive officer now directly owns 17,547 shares in the company, valued at approximately $1,925,256.84. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. In other Autoliv news, CEO Mikael Bratt sold 4,226 shares of the firm's stock in a transaction on Wednesday, February 21st. The shares were sold at an average price of $109.72, for a total value of $463,676.72. Following the sale, the chief executive officer now owns 17,547 shares of the company's stock, valued at approximately $1,925,256.84. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, 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 transaction of $35,868.63. Following the transaction, the vice president now directly owns 327 shares of the company's stock, valued at $35,868.63. The disclosure for this sale can be found here. Over the last three months, insiders have sold 7,606 shares of company stock valued at $835,205. 0.24% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several analysts have recently issued reports on ALV shares. Bank of America boosted their price target on shares of Autoliv from $135.00 to $145.00 and gave the company a "buy" rating in a research report on Monday, April 29th. JPMorgan Chase & Co. raised their target price on Autoliv from $117.00 to $129.00 and gave the stock a "neutral" rating in a research note on Monday, April 22nd. Wells Fargo & Company increased their price target on shares of Autoliv from $126.00 to $128.00 and gave the stock an "equal weight" rating in a report on Monday, April 29th. Mizuho boosted their price objective on shares of Autoliv from $115.00 to $135.00 and gave the company a "buy" rating in a research note on Monday, March 25th. Finally, Berenberg Bank upgraded shares of Autoliv from a "hold" rating to a "buy" rating and set a $120.00 target price on the stock in a research note on Friday, January 12th. Seven research analysts have rated the stock with a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $125.90.

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.