Handelsbanken Fonder AB Has $1.72 Million Stock Holdings in Autoliv, Inc. (NYSE:ALV)

Handelsbanken Fonder AB cut its stake in shares of Autoliv, Inc. (NYSE:ALV - Free Report) by 14.1% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 18,300 shares of the auto parts company's stock after selling 3,000 shares during the quarter. Handelsbanken Fonder AB's holdings in Autoliv were worth $1,716,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in ALV. FMR LLC lifted its holdings in shares of Autoliv by 6.1% during the third quarter. FMR LLC now owns 6,504,605 shares of the auto parts company's stock valued at $607,335,000 after acquiring an additional 376,665 shares during the period. Swedbank AB raised its holdings in shares of Autoliv by 8.7% in the third quarter. Swedbank AB now owns 2,567,281 shares of the auto parts company's stock valued at $239,707,000 after buying an additional 205,241 shares during the last quarter. Massachusetts Financial Services Co. MA lifted its position in Autoliv by 83.9% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 417,992 shares of the auto parts company's stock worth $39,028,000 after buying an additional 190,654 shares in the last quarter. Wellington Management Group LLP lifted its position in Autoliv by 21.2% during the 3rd quarter. Wellington Management Group LLP now owns 910,437 shares of the auto parts company's stock worth $85,008,000 after buying an additional 159,067 shares in the last quarter. Finally, Jane Street Group LLC lifted 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 buying an additional 102,362 shares in the last quarter. 69.57% of the stock is owned by institutional investors.

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Insider Buying and Selling

In other Autoliv news, EVP Per Jonas Jademyr sold 401 shares of the company's stock in a transaction that occurred 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 completion of 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 position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Magnus Jarlegren sold 1,289 shares of the company'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 value of $127,391.87. Following the transaction, the insider now directly owns 6,142 shares of the company's stock, valued at approximately $607,013.86. This trade represents a 17.35 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 9,253 shares of company stock valued at $915,534. 0.20% of the stock is owned by corporate insiders.

Autoliv Stock Up 0.8 %

NYSE ALV traded up $0.78 during trading hours on Friday, reaching $97.38. 732,656 shares of the company's stock were exchanged, compared to its average volume of 759,730. The company's 50-day moving average is $96.14 and its two-hundred day moving average is $96.62. Autoliv, Inc. has a one year low of $89.51 and a one year high of $129.38. 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 company has a market capitalization of $7.57 billion, a price-to-earnings ratio of 12.07, a price-to-earnings-growth ratio of 0.73 and a beta of 1.58.

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 (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%. On average, analysts forecast 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. Investors of record on Friday, March 7th will be paid a dividend of $0.70 per share. The ex-dividend date is Friday, March 7th. This represents a $2.80 dividend on an annualized basis and a yield of 2.88%. Autoliv's payout ratio is 34.70%.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on the stock. Daiwa America upgraded shares of Autoliv from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, January 7th. Mizuho reduced their price target on shares of Autoliv from $115.00 to $112.00 and set an "outperform" rating on the stock in a research report on Monday, February 3rd. Hsbc Global Res downgraded shares of Autoliv from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, February 4th. Daiwa Capital Markets upgraded shares of Autoliv from a "neutral" rating to an "outperform" rating and set a $109.00 price target on the stock in a research report on Tuesday, January 7th. Finally, HSBC downgraded shares of Autoliv from a "buy" rating to a "hold" rating and reduced their price target for the stock from $109.00 to $100.00 in a research report on Tuesday, February 4th. Ten research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $117.23.

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.