Mirova Has $940,000 Position in Autoliv, Inc. (NYSE:ALV)

Mirova cut its holdings in Autoliv, Inc. (NYSE:ALV - Free Report) by 68.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 10,020 shares of the auto parts company's stock after selling 21,566 shares during the quarter. Mirova's holdings in Autoliv were worth $940,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. UMB Bank n.a. raised its position 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 acquiring an additional 159 shares during the period. AlphaQuest LLC raised its holdings in 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 purchasing an additional 134 shares during the period. Twin Tree Management LP acquired a new position in shares of Autoliv in the 4th quarter valued at $50,000. Physician Wealth Advisors Inc. acquired a new position in shares of Autoliv in the 4th quarter valued at $57,000. Finally, CIBC Asset Management Inc increased its position 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 in the last quarter. 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 transaction, the executive vice president now owns 685 shares in the company, valued at $67,712.25. This trade represents a 36.92 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Mikael Bratt sold 5,760 shares of the company's stock in a transaction dated Tuesday, February 25th. The stock was sold at an average price of $98.90, for a total transaction of $569,664.00. Following the sale, the chief executive officer now directly owns 23,307 shares of the company's stock, valued at $2,305,062.30. This represents a 19.82 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 9,253 shares of company stock worth $915,534 over the last three months. Insiders own 0.30% of the company's stock.

Autoliv Stock Up 3.7 %

ALV traded up $3.32 on Thursday, hitting $92.23. 746,118 shares of the company were exchanged, compared to its average volume of 822,577. 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 stock's fifty day moving average is $90.28 and its 200-day moving average is $94.20. The company has a market cap of $7.13 billion, a PE ratio of 11.43, a PEG ratio of 0.73 and a beta of 1.47. Autoliv, Inc. has a 12 month low of $75.49 and a 12 month high of $129.38.

Autoliv (NYSE:ALV - Get Free Report) last released its quarterly earnings data 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. Autoliv had a net margin of 6.21% and a return on equity of 28.62%. The company had revenue of $2.58 billion for the quarter, compared to analyst estimates of $2.50 billion. During the same period in the previous year, the business earned $1.58 EPS. Equities research analysts predict that Autoliv, Inc. will post 9.51 EPS for the current fiscal year.

Autoliv Announces Dividend

The business 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. This represents a $2.80 dividend on an annualized basis and a dividend yield of 3.04%. The ex-dividend date of this dividend was Friday, March 7th. Autoliv's dividend payout ratio is presently 32.22%.

Wall Street Analyst Weigh In

ALV has been the subject of a number of research analyst reports. Wells Fargo & Company decreased their target price on Autoliv from $84.00 to $82.00 and set an "equal weight" rating for the company in a research note on Thursday, April 17th. Mizuho decreased their price objective on Autoliv from $112.00 to $95.00 and set an "outperform" rating for the company in a research report on Thursday, April 10th. Pareto Securities cut Autoliv to a "hold" rating in a research note on Monday, February 3rd. HSBC lowered shares of Autoliv from a "buy" rating to a "hold" rating and cut their price target for the company from $109.00 to $100.00 in a research note on Tuesday, February 4th. Finally, Daiwa Capital Markets raised shares of Autoliv from a "neutral" rating to an "outperform" rating and set a $109.00 price objective for the company in a research report on Tuesday, January 7th. Seven analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $112.00.

Autoliv 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.