Park West Asset Management LLC Has $58.62 Million Stock Holdings in Autoliv, Inc. (NYSE:ALV)

Park West Asset Management LLC raised its stake in Autoliv, Inc. (NYSE:ALV - Free Report) by 56.3% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 625,000 shares of the auto parts company's stock after acquiring an additional 225,000 shares during the quarter. Autoliv comprises approximately 4.7% of Park West Asset Management LLC's investment portfolio, making the stock its 3rd biggest holding. Park West Asset Management LLC owned approximately 0.80% of Autoliv worth $58,619,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in ALV. UMB Bank n.a. increased its position in Autoliv by 139.5% in the fourth quarter. UMB Bank n.a. now owns 273 shares of the auto parts company's stock worth $26,000 after purchasing an additional 159 shares during the period. AlphaQuest LLC grew its position in shares of Autoliv by 74.4% during the 4th quarter. AlphaQuest LLC now owns 314 shares of the auto parts company's stock worth $29,000 after buying an additional 134 shares during the period. Twin Tree Management LP bought a new stake in shares of Autoliv during the fourth quarter worth approximately $50,000. Physician Wealth Advisors Inc. acquired a new position in Autoliv in the fourth quarter valued at approximately $57,000. Finally, CIBC Asset Management Inc lifted its holdings in Autoliv by 5.2% in the fourth quarter. CIBC Asset Management Inc now owns 2,501 shares of the auto parts company's stock valued at $235,000 after buying an additional 124 shares during the period. Institutional investors and hedge funds own 69.57% of the company's stock.

Autoliv Stock Up 1.0 %

Autoliv stock traded up $0.95 during mid-day trading on Friday, reaching $94.22. The stock had a trading volume of 445,630 shares, compared to its average volume of 817,052. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.71 and a current ratio of 0.96. Autoliv, Inc. has a fifty-two week low of $75.49 and a fifty-two week high of $129.38. The stock's 50-day simple moving average is $89.44 and its 200-day simple moving average is $94.14. The firm has a market capitalization of $7.28 billion, a PE ratio of 11.68, a price-to-earnings-growth ratio of 0.73 and a beta of 1.35.

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, beating analysts' consensus estimates 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, sell-side analysts forecast that Autoliv, Inc. will post 9.51 EPS for the current fiscal year.

Autoliv Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, March 24th. Investors of record on Friday, March 7th were given a $0.70 dividend. The ex-dividend date was Friday, March 7th. This represents a $2.80 annualized dividend and a yield of 2.97%. Autoliv's payout ratio is 32.22%.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on ALV shares. Wells Fargo & Company reduced their price target on shares of Autoliv from $84.00 to $82.00 and set an "equal weight" rating on the stock in a research report on Thursday, April 17th. Cowen initiated coverage on Autoliv in a report on Thursday, March 6th. They set a "buy" rating on the stock. 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 report on Tuesday, January 7th. StockNews.com upgraded Autoliv from a "hold" rating to a "buy" rating in a report on Thursday, April 17th. Finally, Barclays increased their target price on Autoliv from $97.00 to $105.00 and gave the stock an "overweight" rating in a research note on Monday, April 21st. Seven equities research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $112.00.

Insider Buying and Selling at Autoliv

In other news, CEO Mikael Bratt sold 5,760 shares of the stock in a transaction dated Tuesday, February 25th. The shares were sold at an average price of $98.90, for a total value of $569,664.00. Following the completion of the sale, the chief executive officer now 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 sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Magnus Jarlegren sold 1,289 shares of the business's stock in a transaction dated Tuesday, February 25th. The stock was sold at an average price of $98.83, for a total transaction of $127,391.87. Following the transaction, the insider now owns 6,142 shares in the company, valued at approximately $607,013.86. This trade represents a 17.35 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 9,253 shares of company stock worth $915,534. Insiders own 0.20% of the company's stock.

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.