Grantham Mayo Van Otterloo & Co. LLC Raises Stock Holdings in Autoliv, Inc. (NYSE:ALV)

Grantham Mayo Van Otterloo & Co. LLC raised its holdings in shares of Autoliv, Inc. (NYSE:ALV - Free Report) by 178.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 28,495 shares of the auto parts company's stock after acquiring an additional 18,269 shares during the quarter. Grantham Mayo Van Otterloo & Co. LLC's holdings in Autoliv were worth $2,673,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently modified their holdings of ALV. UMB Bank n.a. lifted its position in Autoliv by 139.5% during the fourth quarter. UMB Bank n.a. now owns 273 shares of the auto parts company's stock valued at $26,000 after purchasing an additional 159 shares in the last quarter. AlphaQuest LLC grew its stake in shares of Autoliv by 74.4% during the 4th quarter. AlphaQuest LLC now owns 314 shares of the auto parts company's stock valued at $29,000 after acquiring an additional 134 shares during the period. Twin Tree Management LP purchased a new stake in Autoliv in the 4th quarter worth approximately $50,000. Physician Wealth Advisors Inc. purchased a new stake in Autoliv in the 4th quarter worth approximately $57,000. Finally, CIBC Asset Management Inc raised its stake in 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 acquiring an additional 124 shares during the period. Institutional investors own 69.57% of the company's stock.

Autoliv Trading Up 0.4 %

NYSE ALV traded up $0.32 on Friday, hitting $80.02. 1,069,533 shares of the stock were exchanged, compared to its average volume of 802,198. Autoliv, Inc. has a 52-week low of $75.49 and a 52-week high of $129.38. The firm has a market capitalization of $6.20 billion, a P/E ratio of 9.92, a P/E/G ratio of 0.73 and a beta of 1.47. 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 has a fifty day moving average price of $91.55 and a two-hundred day moving average price of $94.64.

Autoliv (NYSE:ALV - Get Free Report) last announced its quarterly earnings data 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%. Research analysts forecast that Autoliv, Inc. will post 9.51 EPS for the current fiscal year.

Autoliv Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 24th. Shareholders of record on Friday, March 7th were paid a $0.70 dividend. The ex-dividend date was Friday, March 7th. This represents a $2.80 dividend on an annualized basis and a yield of 3.50%. Autoliv's payout ratio is 34.70%.

Insider Transactions at Autoliv

In other 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 transaction of $127,391.87. Following the transaction, the insider now owns 6,142 shares in the company, valued at approximately $607,013.86. This trade represents a 17.35 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP Per Jonas Jademyr sold 401 shares of the company's stock in a transaction dated Tuesday, February 25th. The stock was sold at an average price of $98.85, for a total transaction of $39,638.85. Following the completion of the sale, the executive vice president now directly owns 685 shares of the company's stock, valued at approximately $67,712.25. This trade represents a 36.92 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 9,253 shares of company stock worth $915,534. 0.20% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of brokerages have recently issued reports on ALV. Cowen assumed coverage on shares of Autoliv in a research note on Thursday, March 6th. They issued a "buy" rating for the company. Pareto Securities cut Autoliv to a "hold" rating in a report on Monday, February 3rd. Daiwa Capital Markets raised Autoliv from a "neutral" rating to an "outperform" rating and set a $109.00 price objective for the company in a research note on Tuesday, January 7th. HSBC cut Autoliv from a "buy" rating to a "hold" rating and cut their target price for the stock from $109.00 to $100.00 in a research report on Tuesday, February 4th. Finally, Daiwa America upgraded Autoliv from a "hold" rating to a "strong-buy" rating 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 stock. According to MarketBeat.com, Autoliv presently has an average rating of "Moderate Buy" and an average price target of $115.93.

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.