Tweedy Browne Co LLC Sells 27,125 Shares of Autoliv, Inc. (NYSE:ALV)

Tweedy Browne Co LLC lowered its stake in shares of Autoliv, Inc. (NYSE:ALV - Free Report) by 5.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 444,159 shares of the auto parts company's stock after selling 27,125 shares during the period. Autoliv accounts for about 2.8% of Tweedy Browne Co LLC's investment portfolio, making the stock its 9th biggest holding. Tweedy Browne Co LLC owned approximately 0.57% of Autoliv worth $41,658,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Legend Financial Advisors Inc. raised its position in shares of Autoliv by 1.8% in the 4th quarter. Legend Financial Advisors Inc. now owns 6,344 shares of the auto parts company's stock worth $595,000 after acquiring an additional 115 shares in the last quarter. CIBC Asset Management Inc raised 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 worth $235,000 after purchasing an additional 124 shares in the last quarter. Quantinno Capital Management LP lifted its position in shares of Autoliv by 0.6% during the third quarter. Quantinno Capital Management LP now owns 23,456 shares of the auto parts company's stock valued at $2,190,000 after buying an additional 130 shares during the last quarter. US Bancorp DE boosted 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 valued at $358,000 after buying an additional 130 shares in the last quarter. Finally, AlphaQuest LLC boosted 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 in the last quarter. Institutional investors own 69.57% of the company's stock.

Insider Buying and Selling at Autoliv

In other Autoliv news, CEO Mikael Bratt sold 5,760 shares of Autoliv stock in a transaction on 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 transaction, the chief executive officer now owns 23,307 shares of the company's stock, valued at approximately $2,305,062.30. The trade was a 19.82 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Magnus Jarlegren sold 1,289 shares of the 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 sale, the insider now directly owns 6,142 shares in the company, valued at approximately $607,013.86. The trade was a 17.35 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 9,253 shares of company stock valued at $915,534. 0.24% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of equities research analysts recently commented on the stock. Cowen assumed coverage on shares of Autoliv in a research report on Thursday, March 6th. They set a "buy" rating for the company. Pareto Securities lowered Autoliv to a "hold" rating in a report on Monday, February 3rd. TD Cowen began coverage on Autoliv in a research report on Friday, March 7th. They issued a "buy" rating and a $116.00 price objective for the company. Daiwa Capital Markets raised 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. Finally, Daiwa America raised Autoliv from a "hold" rating to a "strong-buy" rating in a report on Tuesday, January 7th. Ten investment analysts have rated the stock with a hold rating, nine have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, Autoliv currently has a consensus rating of "Moderate Buy" and an average price target of $117.14.

Autoliv Stock Performance

Shares of Autoliv stock traded down $3.95 during trading on Friday, hitting $80.82. 916,182 shares of the company's stock were exchanged, compared to its average volume of 789,501. The stock has a market capitalization of $6.26 billion, a price-to-earnings ratio of 10.02, a PEG ratio of 0.73 and a beta of 1.59. The business has a 50-day simple moving average of $94.16 and a 200-day simple moving average of $95.30. Autoliv, Inc. has a 52-week low of $78.00 and a 52-week high of $129.38. 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 (NYSE:ALV - Get Free Report) last announced its quarterly earnings results on Friday, January 31st. The auto parts company reported $3.05 earnings per share for the quarter, topping 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%. On average, research analysts forecast that Autoliv, Inc. will post 9.51 EPS for the current 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 given a dividend of $0.70 per share. This represents a $2.80 annualized dividend and a yield of 3.46%. The ex-dividend date was Friday, March 7th. Autoliv's dividend payout ratio is currently 34.70%.

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.