Autoliv, Inc. (NYSE:ALV) Stock Holdings Lowered by JPMorgan Chase & Co.

JPMorgan Chase & Co. decreased its holdings in shares of Autoliv, Inc. (NYSE:ALV - Free Report) by 26.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 202,039 shares of the auto parts company's stock after selling 74,276 shares during the quarter. JPMorgan Chase & Co. owned approximately 0.26% of Autoliv worth $18,949,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in the stock. UMB Bank n.a. grew its position in shares of Autoliv by 139.5% in the 4th quarter. UMB Bank n.a. now owns 273 shares of the auto parts company's stock valued at $26,000 after buying an additional 159 shares during the last quarter. AlphaQuest LLC grew its holdings in shares of Autoliv by 74.4% during the fourth quarter. AlphaQuest LLC now owns 314 shares of the auto parts company's stock worth $29,000 after purchasing an additional 134 shares during the last quarter. Twin Tree Management LP purchased a new stake in shares of Autoliv in the 4th quarter valued at about $50,000. CIBC Asset Management Inc lifted its holdings in shares of Autoliv by 5.2% in the 4th quarter. CIBC Asset Management Inc now owns 2,501 shares of the auto parts company's stock valued at $235,000 after purchasing an additional 124 shares during the last quarter. Finally, Mitsubishi UFJ Trust & Banking Corp purchased a new position in Autoliv during the 4th quarter worth approximately $246,000. 69.57% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Autoliv

In related news, CFO Fredrik Westin sold 1,803 shares of the firm's stock in a transaction that occurred on Tuesday, February 25th. The stock was sold at an average price of $99.19, for a total value of $178,839.57. Following the sale, the chief financial officer now directly owns 7,261 shares in the company, valued at $720,218.59. This trade represents a 19.89 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Mikael Bratt sold 5,760 shares of Autoliv stock in a transaction 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 in the company, valued at $2,305,062.30. The trade was a 19.82 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 9,253 shares of company stock valued at $915,534. Insiders own 0.20% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on ALV shares. StockNews.com downgraded Autoliv from a "buy" rating to a "hold" rating in a report on Thursday, April 3rd. Cowen started coverage on Autoliv in a research report on Thursday, March 6th. They set a "buy" rating on the stock. HSBC lowered Autoliv from a "buy" rating to a "hold" rating and reduced their target price for the company from $109.00 to $100.00 in a research note on Tuesday, February 4th. Hsbc Global Res downgraded Autoliv from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, February 4th. Finally, Robert W. Baird reduced their price objective on Autoliv from $105.00 to $90.00 and set a "neutral" rating on the stock in a research report on Tuesday. Nine research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, Autoliv currently has a consensus rating of "Moderate Buy" and an average target price of $113.71.

Autoliv Stock Up 7.8 %

Shares of ALV traded up $6.43 during midday trading on Wednesday, reaching $88.67. 615,401 shares of the company were exchanged, compared to its average volume of 806,985. The company has a market cap of $6.86 billion, a price-to-earnings ratio of 10.99, a P/E/G ratio of 0.73 and a beta of 1.47. The company has a current ratio of 0.96, a quick ratio of 0.71 and a debt-to-equity ratio of 0.67. Autoliv, Inc. has a 1-year low of $75.49 and a 1-year high of $129.38. The stock has a 50-day moving average price of $91.09 and a 200-day moving average price of $94.47.

Autoliv (NYSE:ALV - Get Free Report) last posted its quarterly earnings data on Wednesday, April 16th. The auto parts company reported $2.15 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.70 by $0.45. Autoliv had a net margin of 6.21% and a return on equity of 28.62%. Research analysts expect that Autoliv, Inc. will post 9.51 earnings per share for the current year.

Autoliv Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 24th. Investors of record on Friday, March 7th were paid a $0.70 dividend. This represents a $2.80 annualized dividend and a dividend yield of 3.16%. The ex-dividend date of this dividend was Friday, March 7th. Autoliv's dividend payout ratio (DPR) is 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.