Callan Family Office LLC Makes New $326,000 Investment in Autoliv, Inc. (NYSE:ALV)

Callan Family Office LLC bought a new position in Autoliv, Inc. (NYSE:ALV - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 3,473 shares of the auto parts company's stock, valued at approximately $326,000.

Several other hedge funds also recently made changes to their positions in the company. Geode Capital Management LLC increased its position in shares of Autoliv by 10.8% in the third quarter. Geode Capital Management LLC now owns 987,375 shares of the auto parts company's stock valued at $92,221,000 after acquiring an additional 95,888 shares during the period. JPMorgan Chase & Co. grew its stake in shares of Autoliv by 38.3% in the third quarter. JPMorgan Chase & Co. now owns 276,315 shares of the auto parts company's stock worth $25,800,000 after purchasing an additional 76,510 shares during the last quarter. Quantbot Technologies LP increased its holdings in Autoliv by 1,437.4% during the 3rd quarter. Quantbot Technologies LP now owns 51,994 shares of the auto parts company's stock valued at $4,855,000 after purchasing an additional 48,612 shares during the period. HITE Hedge Asset Management LLC raised its position in Autoliv by 32.9% during the 3rd quarter. HITE Hedge Asset Management LLC now owns 135,424 shares of the auto parts company's stock valued at $12,645,000 after purchasing an additional 33,490 shares during the last quarter. Finally, ABC Arbitrage SA purchased a new stake in Autoliv in the 4th quarter worth approximately $394,000. 69.57% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, EVP Per Jonas Jademyr sold 401 shares of the 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 sale, the executive vice president now directly owns 685 shares of the company's stock, valued at $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 available at the SEC website. Also, insider Magnus Jarlegren sold 1,289 shares of Autoliv 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 of the company's stock, valued at $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. In the last quarter, insiders sold 9,253 shares of company stock valued at $915,534. Corporate insiders own 0.20% of the company's stock.

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Autoliv Stock Down 2.1 %

Autoliv stock traded down $1.96 during mid-day trading on Wednesday, reaching $91.36. The stock had a trading volume of 414,195 shares, compared to its average volume of 721,467. Autoliv, Inc. has a one year low of $89.51 and a one year high of $129.38. The company has a 50-day moving average price of $96.56 and a two-hundred day moving average price of $96.38. The company has a market capitalization of $7.10 billion, a price-to-earnings ratio of 11.32, a PEG 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 issued its earnings results on Friday, January 31st. The auto parts company reported $3.05 earnings per share (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%. On average, analysts expect that Autoliv, Inc. will post 9.51 EPS for the current fiscal year.

Autoliv Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 24th. Shareholders of record on Friday, March 7th will be paid a dividend of $0.70 per share. The ex-dividend date of this dividend is Friday, March 7th. This represents a $2.80 annualized dividend and a yield of 3.06%. Autoliv's dividend payout ratio is 34.70%.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on the company. StockNews.com upgraded Autoliv from a "hold" rating to a "buy" rating in a report on Wednesday, March 5th. Pareto Securities lowered shares of Autoliv to a "hold" rating in a report on Monday, February 3rd. Daiwa Capital Markets raised shares of Autoliv from a "neutral" rating to an "outperform" rating and set a $109.00 target price on the stock in a research note on Tuesday, January 7th. Cowen started coverage on shares of Autoliv in a research note on Thursday, March 6th. They issued a "buy" rating for the company. Finally, Wells Fargo & Company cut their price objective on Autoliv from $101.00 to $97.00 and set an "equal weight" rating on the stock in a research report on Monday, December 16th. Nine investment analysts have rated the stock with a hold rating, ten have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, Autoliv currently has a consensus rating of "Moderate Buy" and an average target price of $117.14.

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.