Autoliv, Inc. (NYSE:ALV) Shares Bought by Fmr LLC

FMR LLC raised its position in shares of Autoliv, Inc. (NYSE:ALV - Free Report) by 9.9% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 7,146,500 shares of the auto parts company's stock after purchasing an additional 641,895 shares during the period. FMR LLC owned approximately 9.20% of Autoliv worth $670,270,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in ALV. Norges Bank purchased a new position in Autoliv in the 4th quarter worth $36,761,000. Massachusetts Financial Services Co. MA increased its holdings in shares of Autoliv by 67.9% in the fourth quarter. Massachusetts Financial Services Co. MA now owns 701,994 shares of the auto parts company's stock worth $65,840,000 after buying an additional 284,002 shares during the period. Wellington Management Group LLP lifted its stake in shares of Autoliv by 21.2% in the 3rd quarter. Wellington Management Group LLP now owns 910,437 shares of the auto parts company's stock valued at $85,008,000 after acquiring an additional 159,067 shares during the last quarter. Jane Street Group LLC grew its position in Autoliv by 94.2% during the 3rd quarter. Jane Street Group LLC now owns 210,989 shares of the auto parts company's stock worth $19,700,000 after acquiring an additional 102,362 shares during the last quarter. Finally, Geode Capital Management LLC increased its stake in Autoliv by 10.8% in the 3rd quarter. Geode Capital Management LLC now owns 987,375 shares of the auto parts company's stock worth $92,221,000 after purchasing an additional 95,888 shares during the period. Institutional investors own 69.57% of the company's stock.

Insider Activity at Autoliv

In related news, insider Magnus Jarlegren sold 1,289 shares of the firm's stock in a transaction on 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 transaction, the insider now owns 6,142 shares in the company, valued at $607,013.86. This trade represents a 17.35 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Per Jonas Jademyr sold 401 shares of the business's stock in a transaction on Tuesday, February 25th. The shares were 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 of the company's stock, valued at $67,712.25. This represents a 36.92 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 9,253 shares of company stock valued at $915,534 over the last quarter. 0.20% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on the stock. TD Cowen assumed coverage on shares of Autoliv in a report on Friday, March 7th. They set a "buy" rating and a $116.00 price target for the company. Daiwa Capital Markets upgraded shares of Autoliv from a "neutral" rating to an "outperform" rating and set a $109.00 target price for the company in a report on Tuesday, January 7th. StockNews.com downgraded Autoliv from a "buy" rating to a "hold" rating in a report on Thursday, April 3rd. Mizuho dropped their price objective on Autoliv from $112.00 to $95.00 and set an "outperform" rating for the company in a report on Thursday. Finally, Pareto Securities cut Autoliv to a "hold" rating in a research note on Monday, February 3rd. 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. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $115.93.

Autoliv Price Performance

Autoliv stock traded up $0.79 during mid-day trading on Monday, reaching $80.94. 178,117 shares of the company's stock traded hands, compared to its average volume of 799,773. The stock has a 50 day moving average of $91.55 and a two-hundred day moving average of $94.64. Autoliv, Inc. has a 12-month low of $75.49 and a 12-month high of $129.38. The company has a quick ratio of 0.71, a current ratio of 0.96 and a debt-to-equity ratio of 0.67. The company has a market cap of $6.27 billion, a price-to-earnings ratio of 10.03, a PEG ratio of 0.73 and a beta of 1.47.

Autoliv (NYSE:ALV - Get Free Report) last issued its quarterly earnings results on Friday, January 31st. The auto parts company reported $3.05 earnings per share (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%. Equities analysts forecast that Autoliv, Inc. will post 9.51 earnings per share for the current year.

Autoliv Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 24th. Stockholders of record on Friday, March 7th were issued a $0.70 dividend. The ex-dividend date 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 is presently 34.70%.

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.