OLD Mission Capital LLC Increases Holdings in Autoliv, Inc. (NYSE:ALV)

OLD Mission Capital LLC lifted its holdings in Autoliv, Inc. (NYSE:ALV - Free Report) by 92.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 63,264 shares of the auto parts company's stock after purchasing an additional 30,431 shares during the quarter. OLD Mission Capital LLC owned 0.08% of Autoliv worth $5,934,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. UMB Bank n.a. increased its holdings in Autoliv by 139.5% in the 4th quarter. UMB Bank n.a. now owns 273 shares of the auto parts company's stock worth $26,000 after buying an additional 159 shares in the last quarter. AlphaQuest LLC grew its stake 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. Fred Alger Management LLC bought a new stake in shares of Autoliv in the third quarter worth approximately $45,000. Twin Tree Management LP purchased a new position in shares of Autoliv during the fourth quarter valued at approximately $50,000. Finally, Physician Wealth Advisors Inc. bought a new position in Autoliv during the fourth quarter valued at approximately $57,000. 69.57% of the stock is owned by institutional investors.

Insider Buying and Selling at Autoliv

In other news, CFO Fredrik Westin sold 1,803 shares of the firm's stock in a transaction dated Tuesday, February 25th. The stock was sold at an average price of $99.19, for a total transaction of $178,839.57. Following the completion of the transaction, the chief financial officer now owns 7,261 shares in the company, valued at $720,218.59. This trade represents a 19.89 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 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 value of $127,391.87. Following the completion of the sale, the insider now owns 6,142 shares in the company, valued at $607,013.86. This represents a 17.35 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 9,253 shares of company stock worth $915,534. Insiders own 0.24% of the company's stock.

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Autoliv Price Performance

Shares of Autoliv stock traded down $5.47 during trading hours on Thursday, hitting $84.87. The company's stock had a trading volume of 1,175,764 shares, compared to its average volume of 784,396. The company has a market cap of $6.57 billion, a PE ratio of 10.52, a PEG ratio of 0.73 and a beta of 1.59. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.71 and a current ratio of 0.96. The business has a 50 day moving average price of $94.92 and a two-hundred day moving average price of $95.49. Autoliv, Inc. has a 12-month low of $84.66 and a 12-month high of $129.38.

Autoliv (NYSE:ALV - Get Free Report) last posted its quarterly earnings results on Friday, January 31st. The auto parts company reported $3.05 EPS for the quarter, topping 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 expect that Autoliv, Inc. will post 9.51 earnings per share for the current fiscal year.

Autoliv Announces Dividend

The business also recently announced 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. The ex-dividend date was Friday, March 7th. This represents a $2.80 dividend on an annualized basis and a dividend yield of 3.30%. Autoliv's dividend payout ratio is 34.70%.

Wall Street Analysts Forecast Growth

A number of research firms have commented on ALV. Pareto Securities downgraded shares of Autoliv to a "hold" rating in a research report on Monday, February 3rd. StockNews.com upgraded Autoliv from a "hold" rating to a "buy" rating in a research report on Friday, March 14th. Mizuho lowered their target price on Autoliv from $115.00 to $112.00 and set an "outperform" rating on the stock in a report on Monday, February 3rd. Wells Fargo & Company cut their price target on Autoliv from $101.00 to $97.00 and set an "equal weight" rating for the company in a research note on Monday, December 16th. Finally, Cowen began coverage on shares of Autoliv in a research report on Thursday, March 6th. They set a "buy" rating for the company. Nine equities research analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, Autoliv presently has a consensus rating of "Moderate Buy" and an average target price of $117.14.

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.