Susquehanna Fundamental Investments LLC Makes New $9.02 Million Investment in Autoliv, Inc. (NYSE:ALV)

Susquehanna Fundamental Investments LLC purchased a new stake in Autoliv, Inc. (NYSE:ALV - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 96,211 shares of the auto parts company's stock, valued at approximately $9,024,000. Susquehanna Fundamental Investments LLC owned 0.12% of Autoliv at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Legend Financial Advisors Inc. lifted its position in Autoliv by 1.8% in the fourth quarter. Legend Financial Advisors Inc. now owns 6,344 shares of the auto parts company's stock valued at $595,000 after buying an additional 115 shares during the last quarter. CIBC Asset Management Inc raised its stake in shares of Autoliv by 5.2% in the 4th quarter. CIBC Asset Management Inc now owns 2,501 shares of the auto parts company's stock valued at $235,000 after acquiring an additional 124 shares during the period. US Bancorp DE lifted its holdings in shares of Autoliv by 3.5% in the 4th quarter. US Bancorp DE now owns 3,820 shares of the auto parts company's stock worth $358,000 after acquiring an additional 130 shares during the last quarter. AlphaQuest LLC boosted 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 purchasing an additional 134 shares during the period. Finally, Hennion & Walsh Asset Management Inc. increased its holdings in Autoliv by 3.5% in the 4th quarter. Hennion & Walsh Asset Management Inc. now owns 4,171 shares of the auto parts company's stock valued at $391,000 after purchasing an additional 140 shares during the last quarter. 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 midday trading on Friday, reaching $94.22. The company's stock had a trading volume of 445,630 shares, compared to its average volume of 817,896. The company has a market cap of $7.28 billion, a P/E ratio of 11.68, a P/E/G ratio of 0.73 and a beta of 1.35. The company has a quick ratio of 0.71, a current ratio of 0.96 and a debt-to-equity ratio of 0.67. The business has a 50-day simple moving average of $89.44 and a 200-day simple moving average of $94.14. Autoliv, Inc. has a fifty-two week low of $75.49 and a fifty-two week high of $129.38.

Autoliv (NYSE:ALV - Get Free Report) last posted its earnings results on Wednesday, April 16th. The auto parts company reported $2.15 earnings per share 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 analysts' expectations of $2.50 billion. Autoliv had a return on equity of 28.62% and a net margin of 6.21%. During the same quarter in the previous year, the business earned $1.58 earnings per share. On average, research analysts expect that Autoliv, Inc. will post 9.51 earnings per share for the current fiscal year.

Autoliv Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, March 24th. Investors of record on Friday, March 7th were paid 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 2.97%. Autoliv's dividend payout ratio is currently 32.22%.

Analyst Upgrades and Downgrades

ALV has been the subject of several research analyst reports. HSBC lowered Autoliv from a "buy" rating to a "hold" rating and lowered their price target for the stock from $109.00 to $100.00 in a research report on Tuesday, February 4th. StockNews.com raised Autoliv from a "hold" rating to a "buy" rating in a research report on Thursday, April 17th. TD Cowen started coverage on shares of Autoliv in a research report on Friday, March 7th. They set a "buy" rating and a $116.00 price target on the stock. Daiwa America upgraded shares of Autoliv from a "hold" rating to a "strong-buy" rating in a report on Tuesday, January 7th. Finally, Daiwa Capital Markets raised shares of Autoliv from a "neutral" rating to an "outperform" rating and set a $109.00 target price on the stock in a research note on Tuesday, January 7th. Seven equities research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $112.00.

Insider Activity at Autoliv

In other news, insider Magnus Jarlegren sold 1,289 shares of the firm's stock in a transaction that occurred on Tuesday, February 25th. The shares were sold at an average price of $98.83, for a total transaction of $127,391.87. Following the transaction, the insider now directly 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 sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CFO Fredrik Westin sold 1,803 shares of the company's stock in a transaction on Tuesday, February 25th. The shares were sold at an average price of $99.19, for a total transaction of $178,839.57. Following the completion of the sale, the chief financial officer now owns 7,261 shares of the company's stock, valued at approximately $720,218.59. This trade represents a 19.89 % 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 over the last ninety days. Insiders own 0.20% of the company's stock.

About Autoliv

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.