ExodusPoint Capital Management LP Decreases Holdings in Autoliv, Inc. (NYSE:ALV)

ExodusPoint Capital Management LP trimmed its stake in Autoliv, Inc. (NYSE:ALV - Free Report) by 14.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 334,294 shares of the auto parts company's stock after selling 54,660 shares during the quarter. ExodusPoint Capital Management LP owned about 0.43% of Autoliv worth $31,353,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of ALV. Massachusetts Financial Services Co. MA grew its stake in shares of Autoliv by 67.9% in the 4th quarter. Massachusetts Financial Services Co. MA now owns 701,994 shares of the auto parts company's stock valued at $65,840,000 after buying an additional 284,002 shares during the period. Trexquant Investment LP grew its stake in Autoliv by 2.7% in the fourth quarter. Trexquant Investment LP now owns 94,464 shares of the auto parts company's stock valued at $8,860,000 after acquiring an additional 2,441 shares during the period. Geode Capital Management LLC grew its stake in Autoliv by 0.8% in the fourth quarter. Geode Capital Management LLC now owns 995,121 shares of the auto parts company's stock valued at $93,368,000 after acquiring an additional 7,746 shares during the period. OLD Mission Capital LLC increased its holdings in shares of Autoliv by 92.7% during the fourth quarter. OLD Mission Capital LLC now owns 63,264 shares of the auto parts company's stock valued at $5,934,000 after acquiring an additional 30,431 shares in the last quarter. Finally, Wellington Management Group LLP raised its position in shares of Autoliv by 12.5% during the fourth quarter. Wellington Management Group LLP now owns 1,023,937 shares of the auto parts company's stock worth $96,035,000 after purchasing an additional 113,500 shares during the period. 69.57% of the stock is owned by institutional investors.

Insider Activity at Autoliv

In related news, CEO Mikael Bratt sold 5,760 shares of the firm's stock in a transaction that occurred 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 sale, the chief executive officer now directly owns 23,307 shares of the company's stock, valued at $2,305,062.30. This trade represents a 19.82 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Magnus Jarlegren sold 1,289 shares of the business's stock in a transaction that occurred on Tuesday, February 25th. The stock was sold at an average price of $98.83, for a total transaction of $127,391.87. Following the completion of the transaction, the insider now directly owns 6,142 shares of the company's stock, valued at approximately $607,013.86. This represents a 17.35 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 9,253 shares of company stock valued at $915,534. Company insiders own 0.20% of the company's stock.

Autoliv Price Performance

Shares of ALV traded down $0.87 during midday trading on Tuesday, hitting $78.85. 242,911 shares of the company traded hands, compared to its average volume of 787,845. Autoliv, Inc. has a one year low of $76.82 and a one year high of $129.38. The firm has a market cap of $6.11 billion, a P/E ratio of 9.75, a PEG ratio of 0.73 and a beta of 1.47. The company has a debt-to-equity ratio of 0.67, a current ratio of 0.96 and a quick ratio of 0.71. The stock has a 50-day moving average of $93.72 and a 200-day moving average of $95.18.

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

Autoliv Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 24th. Investors of record on Friday, March 7th were given a $0.70 dividend. 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 3.55%. Autoliv's dividend payout ratio (DPR) is presently 34.70%.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on ALV shares. StockNews.com downgraded shares of Autoliv from a "buy" rating to a "hold" rating in a research report on Thursday, April 3rd. HSBC downgraded Autoliv from a "buy" rating to a "hold" rating and reduced their price objective for the company from $109.00 to $100.00 in a research note on Tuesday, February 4th. Mizuho reduced their target price on shares of Autoliv from $115.00 to $112.00 and set an "outperform" rating for the company in a research report on Monday, February 3rd. Pareto Securities lowered shares of Autoliv to a "hold" rating in a research note on Monday, February 3rd. Finally, Daiwa Capital Markets upgraded Autoliv from a "neutral" rating to an "outperform" rating and set a $109.00 price objective on the stock in a research note on Tuesday, January 7th. Ten research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $117.14.

Autoliv Company 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.