Autoliv, Inc. (NYSE:ALV) Shares Sold by California Public Employees Retirement System

California Public Employees Retirement System lowered its stake in shares of Autoliv, Inc. (NYSE:ALV - Free Report) by 9.7% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 122,129 shares of the auto parts company's stock after selling 13,176 shares during the period. California Public Employees Retirement System owned 0.16% of Autoliv worth $11,454,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. UMB Bank n.a. lifted its stake in shares of Autoliv by 139.5% in the 4th quarter. UMB Bank n.a. now owns 273 shares of the auto parts company's stock valued at $26,000 after purchasing an additional 159 shares during the last quarter. AlphaQuest LLC raised its holdings in shares of Autoliv by 74.4% in the 4th quarter. AlphaQuest LLC now owns 314 shares of the auto parts company's stock valued at $29,000 after buying an additional 134 shares during the period. Twin Tree Management LP purchased a new stake in shares of Autoliv in the 4th quarter valued at $50,000. CIBC Asset Management Inc raised its holdings 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 buying an additional 124 shares during the period. Finally, Mitsubishi UFJ Trust & Banking Corp purchased a new stake in shares of Autoliv in the 4th quarter valued at $246,000. Institutional investors and hedge funds own 69.57% of the company's stock.

Insiders Place Their Bets

In other Autoliv news, EVP Per Jonas Jademyr sold 401 shares of the firm's stock in a transaction on Tuesday, February 25th. The stock was sold at an average price of $98.85, for a total transaction of $39,638.85. Following the completion of the transaction, the executive vice president now owns 685 shares of the company's stock, valued at approximately $67,712.25. This trade represents a 36.92 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO Mikael Bratt sold 5,760 shares of the firm's stock in a transaction on Tuesday, February 25th. The stock was sold at an average price of $98.90, for a total value of $569,664.00. Following the transaction, the chief executive officer now directly owns 23,307 shares of the company's stock, valued at $2,305,062.30. The trade was a 19.82 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 9,253 shares of company stock valued at $915,534. Corporate insiders own 0.20% of the company's stock.

Autoliv Stock Performance

Shares of ALV stock traded down $3.97 during trading hours on Thursday, reaching $79.30. 190,849 shares of the company's stock were exchanged, compared to its average volume of 793,815. The company has a market cap of $6.14 billion, a P/E ratio of 9.84, a price-to-earnings-growth ratio of 0.73 and a beta of 1.47. The company's 50 day moving average is $92.13 and its two-hundred day moving average is $94.79. Autoliv, Inc. has a 1 year low of $75.49 and a 1 year high of $129.38. The company has a debt-to-equity ratio of 0.67, a current ratio of 0.96 and a quick ratio of 0.71.

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

Autoliv Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, March 24th. Shareholders of record on Friday, March 7th were given a dividend of $0.70 per share. This represents a $2.80 annualized dividend and a yield of 3.53%. The ex-dividend date was Friday, March 7th. Autoliv's payout ratio is 34.70%.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on ALV. Cowen began coverage on Autoliv in a report on Thursday, March 6th. They issued a "buy" rating on the stock. StockNews.com downgraded Autoliv from a "buy" rating to a "hold" rating in a report on Thursday, April 3rd. Daiwa America upgraded Autoliv from a "hold" rating to a "strong-buy" rating in a report on Tuesday, January 7th. TD Cowen started coverage on Autoliv in a research report on Friday, March 7th. They set a "buy" rating and a $116.00 price objective for the company. Finally, Wells Fargo & Company decreased their target price on Autoliv from $101.00 to $97.00 and set an "equal weight" rating for the company in a research report on Monday, December 16th. Ten investment analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, Autoliv currently has an average rating of "Moderate Buy" and a consensus price target 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.