Occudo Quantitative Strategies LP Increases Holdings in Autoliv, Inc. (NYSE:ALV)

Occudo Quantitative Strategies LP lifted its holdings in shares of Autoliv, Inc. (NYSE:ALV - Free Report) by 63.3% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 16,458 shares of the auto parts company's stock after buying an additional 6,380 shares during the quarter. Occudo Quantitative Strategies LP's holdings in Autoliv were worth $1,544,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of ALV. FMR LLC raised its position in Autoliv by 9.9% during the 4th quarter. FMR LLC now owns 7,146,500 shares of the auto parts company's stock valued at $670,270,000 after purchasing an additional 641,895 shares during the last quarter. Norges Bank acquired a new position in shares of Autoliv during the fourth quarter worth $36,761,000. FIL Ltd lifted its holdings in Autoliv by 17.3% in the 4th quarter. FIL Ltd now owns 2,382,265 shares of the auto parts company's stock valued at $223,433,000 after purchasing an additional 351,876 shares in the last quarter. Massachusetts Financial Services Co. MA lifted its holdings in Autoliv by 67.9% in the fourth quarter. Massachusetts Financial Services Co. MA now owns 701,994 shares of the auto parts company's stock valued at $65,840,000 after acquiring an additional 284,002 shares during the last quarter. Finally, Balyasny Asset Management L.P. acquired a new position in Autoliv in the 4th quarter valued at about $25,749,000. 69.57% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on ALV. BNP Paribas raised Autoliv from a "hold" rating to a "strong-buy" rating in a report on Friday, May 9th. BNP Paribas Exane upgraded shares of Autoliv from a "neutral" rating to an "outperform" rating and set a $123.00 price objective for the company in a report on Friday, May 9th. StockNews.com upgraded Autoliv from a "hold" rating to a "buy" rating in a report on Thursday, April 17th. Hsbc Global Res cut shares of Autoliv from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, February 4th. Finally, Mizuho raised their price target on Autoliv from $95.00 to $112.00 and gave the company an "outperform" rating in a research note on Friday. Six equities research analysts have rated the stock with a hold rating, twelve have issued a buy rating and two have given a strong buy rating to the company's stock. According to data from MarketBeat.com, Autoliv presently has a consensus rating of "Moderate Buy" and an average price target of $114.00.

Insider Buying and Selling at Autoliv

In other Autoliv news, insider Magnus Jarlegren sold 1,289 shares of the company's stock in a transaction that occurred on Tuesday, February 25th. The stock was sold at an average price of $98.83, for a total transaction of $127,391.87. Following the sale, the insider now directly owns 6,142 shares in the company, valued at $607,013.86. This represents a 17.35% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, EVP Per Jonas Jademyr sold 401 shares of the business'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 transaction, the executive vice president now owns 685 shares of the company's stock, valued at $67,712.25. This trade represents a 36.92% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 9,253 shares of company stock valued at $915,534 in the last three months. 0.20% of the stock is currently owned by corporate insiders.

Autoliv Stock Performance

NYSE ALV traded up $1.11 during trading hours on Friday, hitting $102.03. The company's stock had a trading volume of 550,063 shares, compared to its average volume of 819,824. Autoliv, Inc. has a 12 month low of $75.49 and a 12 month high of $129.38. The company's 50 day simple moving average is $89.84 and its two-hundred day simple moving average is $94.29. The company has a debt-to-equity ratio of 0.67, a current ratio of 0.96 and a quick ratio of 0.71. The company has a market cap of $7.89 billion, a P/E ratio of 12.64, a price-to-earnings-growth ratio of 0.73 and a beta of 1.36.

Autoliv (NYSE:ALV - Get Free Report) last posted its quarterly earnings data 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 firm had revenue of $2.58 billion during the quarter, compared to analyst estimates of $2.50 billion. Autoliv had a return on equity of 28.62% and a net margin of 6.21%. During the same period in the prior year, the business posted $1.58 EPS. As a group, sell-side analysts expect that Autoliv, Inc. will post 9.51 EPS for the current fiscal year.

Autoliv Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 10th. Stockholders of record on Wednesday, May 21st will be given a $0.70 dividend. The ex-dividend date of this dividend is Wednesday, May 21st. This represents a $2.80 annualized dividend and a dividend yield of 2.74%. Autoliv's payout ratio is 32.22%.

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.