Schroder Investment Management Group Buys New Shares in Autoliv, Inc. (NYSE:ALV)

Schroder Investment Management Group acquired a new position in Autoliv, Inc. (NYSE:ALV - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 40,099 shares of the auto parts company's stock, valued at approximately $3,728,000. Schroder Investment Management Group owned 0.05% of Autoliv at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. UMB Bank n.a. grew its holdings in shares of 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 acquiring an additional 159 shares during the period. AlphaQuest LLC grew its holdings in shares of Autoliv by 74.4% in the fourth quarter. AlphaQuest LLC now owns 314 shares of the auto parts company's stock worth $29,000 after acquiring an additional 134 shares during the period. Twin Tree Management LP purchased a new position in Autoliv during the fourth quarter valued at $50,000. CIBC Asset Management Inc lifted its position in Autoliv by 5.2% during the fourth quarter. CIBC Asset Management Inc now owns 2,501 shares of the auto parts company's stock valued at $235,000 after purchasing an additional 124 shares in the last quarter. Finally, Mitsubishi UFJ Trust & Banking Corp purchased a new position in Autoliv during the fourth quarter valued at $246,000. Institutional investors own 69.57% of the company's stock.

Insider Activity

In other news, CFO Fredrik Westin sold 1,803 shares of the company's stock in a transaction that occurred on Tuesday, February 25th. The stock was sold at an average price of $99.19, for a total transaction of $178,839.57. Following the transaction, the chief financial officer now owns 7,261 shares of the company's stock, valued at approximately $720,218.59. This represents a 19.89 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through 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 completion of the sale, the executive vice president now owns 685 shares of the company's stock, valued at $67,712.25. The trade was a 36.92 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 9,253 shares of company stock valued at $915,534. 0.20% of the stock is currently owned by insiders.

Autoliv Trading Down 3.7 %

NYSE ALV traded down $3.05 during trading hours on Thursday, hitting $80.22. 154,049 shares of the company were exchanged, compared to its average volume of 793,694. The stock has a 50-day moving average price of $92.13 and a 200 day moving average price of $94.79. The company has a quick ratio of 0.71, a current ratio of 0.96 and a debt-to-equity ratio of 0.67. Autoliv, Inc. has a 52 week low of $75.49 and a 52 week high of $129.38. The stock has a market cap of $6.21 billion, a PE ratio of 9.94, a price-to-earnings-growth ratio of 0.73 and a beta of 1.47.

Autoliv (NYSE:ALV - Get Free Report) last released its earnings results on Friday, January 31st. The auto parts company reported $3.05 EPS for the quarter, beating analysts' consensus estimates of $2.84 by $0.21. Autoliv had a return on equity of 28.62% and a net margin of 6.21%. Analysts forecast that Autoliv, Inc. will post 9.51 earnings per share for the current fiscal year.

Autoliv Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 24th. Stockholders of record on Friday, March 7th were paid a dividend of $0.70 per share. The ex-dividend date of this dividend was Friday, March 7th. This represents a $2.80 dividend on an annualized basis and a dividend yield of 3.49%. Autoliv's dividend payout ratio is 34.70%.

Analysts Set New Price Targets

ALV has been the topic of several analyst reports. Pareto Securities downgraded Autoliv to a "hold" rating in a research report on Monday, February 3rd. Daiwa Capital Markets upgraded Autoliv from a "neutral" rating to an "outperform" rating and set a $109.00 target price on the stock in a research report on Tuesday, January 7th. Daiwa America upgraded Autoliv from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, January 7th. HSBC downgraded Autoliv from a "buy" rating to a "hold" rating and lowered their price objective for the company from $109.00 to $100.00 in a research report on Tuesday, February 4th. Finally, Wells Fargo & Company lowered their price objective on Autoliv from $101.00 to $97.00 and set an "equal weight" rating on the stock in a research report on Monday, December 16th. Ten analysts have rated the stock with a hold rating, nine have given a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $115.93.

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.