American Century Companies Inc. Purchases 15,289 Shares of Autoliv, Inc. (NYSE:ALV)

American Century Companies Inc. boosted its position in shares of Autoliv, Inc. (NYSE:ALV - Free Report) by 11.4% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 149,080 shares of the auto parts company's stock after buying an additional 15,289 shares during the period. American Century Companies Inc. owned approximately 0.19% of Autoliv worth $13,982,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. UMB Bank n.a. increased its stake in Autoliv by 139.5% in the fourth 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 last quarter. AlphaQuest LLC increased its stake 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 purchasing an additional 134 shares during the last quarter. Twin Tree Management LP acquired a new position in shares of Autoliv during the 4th quarter worth $50,000. CIBC Asset Management Inc raised its holdings in shares of Autoliv by 5.2% during the 4th quarter. CIBC Asset Management Inc now owns 2,501 shares of the auto parts company's stock worth $235,000 after buying an additional 124 shares in the last quarter. Finally, KBC Group NV lifted its position in shares of Autoliv by 67.6% during the 4th quarter. KBC Group NV now owns 3,182 shares of the auto parts company's stock worth $298,000 after buying an additional 1,283 shares during the last quarter. 69.57% of the stock is owned by institutional investors.

Insider Activity

In related news, CEO Mikael Bratt sold 5,760 shares of the firm's stock in a transaction dated Tuesday, February 25th. The shares were sold at an average price of $98.90, for a total value of $569,664.00. Following the transaction, the chief executive officer now owns 23,307 shares of the company's stock, valued at approximately $2,305,062.30. This trade represents a 19.82 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Fredrik Westin sold 1,803 shares of Autoliv stock in a transaction dated Tuesday, February 25th. The shares were sold at an average price of $99.19, for a total value of $178,839.57. Following the transaction, the chief financial officer now owns 7,261 shares of the company's stock, valued at $720,218.59. This trade represents a 19.89 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 9,253 shares of company stock worth $915,534 in the last three months. Company insiders own 0.24% of the company's stock.

Analyst Ratings Changes

ALV has been the subject of several research analyst reports. Mizuho lowered their target price on Autoliv from $115.00 to $112.00 and set an "outperform" rating for the company in a research note on Monday, February 3rd. TD Cowen initiated coverage on shares of Autoliv in a research note on Friday, March 7th. They issued a "buy" rating and a $116.00 price objective for the company. Cowen began coverage on shares of Autoliv in a research note on Thursday, March 6th. They set a "buy" rating on the stock. Daiwa Capital Markets upgraded Autoliv from a "neutral" rating to an "outperform" rating and set a $109.00 price target for the company in a research note on Tuesday, January 7th. Finally, Daiwa America upgraded Autoliv from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, January 7th. Ten research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $117.14.

Autoliv Trading Down 4.7 %

Shares of Autoliv stock traded down $3.95 on Friday, hitting $80.82. 916,182 shares of the company's stock traded hands, compared to its average volume of 789,501. The company has a fifty day moving average of $94.16 and a two-hundred day moving average of $95.30. Autoliv, Inc. has a one year low of $78.00 and a one year high of $129.38. The company has a market capitalization of $6.26 billion, a price-to-earnings ratio of 10.02, a price-to-earnings-growth ratio of 0.73 and a beta of 1.59. 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 announced its quarterly earnings data on Friday, January 31st. The auto parts company reported $3.05 EPS for the quarter, topping the consensus estimate of $2.84 by $0.21. Autoliv had a net margin of 6.21% and a return on equity of 28.62%. As a group, sell-side analysts expect that Autoliv, Inc. will post 9.51 earnings per share for the current year.

Autoliv Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 24th. Stockholders of record on Friday, March 7th were given 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 3.46%. Autoliv's dividend payout ratio (DPR) is presently 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.