Marshall Wace LLP Has $14.56 Million Stock Holdings in Autoliv, Inc. (NYSE:ALV)

Marshall Wace LLP boosted its holdings in shares of Autoliv, Inc. (NYSE:ALV - Free Report) by 327.5% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 155,236 shares of the auto parts company's stock after buying an additional 118,925 shares during the quarter. Marshall Wace LLP owned about 0.20% of Autoliv worth $14,560,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the stock. UMB Bank n.a. increased its holdings in shares of Autoliv by 139.5% during the 4th quarter. UMB Bank n.a. now owns 273 shares of the auto parts company's stock valued at $26,000 after acquiring an additional 159 shares during the last quarter. AlphaQuest LLC boosted its position in 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 period. Twin Tree Management LP acquired a new position in Autoliv during the fourth quarter valued at approximately $50,000. Physician Wealth Advisors Inc. bought a new position in shares of Autoliv in the fourth quarter valued at approximately $57,000. Finally, CIBC Asset Management Inc lifted its stake in shares of Autoliv by 5.2% in the fourth quarter. CIBC Asset Management Inc now owns 2,501 shares of the auto parts company's stock worth $235,000 after buying an additional 124 shares during the last quarter. 69.57% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on ALV shares. Cowen assumed coverage on Autoliv in a report on Thursday, March 6th. They issued a "buy" rating on the stock. Pareto Securities lowered shares of Autoliv to a "hold" rating in a research report on Monday, February 3rd. Daiwa America raised shares of Autoliv from a "hold" rating to a "strong-buy" rating in a report on Tuesday, January 7th. HSBC downgraded shares of Autoliv from a "buy" rating to a "hold" rating and dropped their price objective for the stock from $109.00 to $100.00 in a report on Tuesday, February 4th. Finally, 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 research note on Tuesday, January 7th. Seven research analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $112.00.

Autoliv Price Performance

NYSE:ALV traded up $3.32 during trading hours on Thursday, reaching $92.23. The company had a trading volume of 746,118 shares, compared to its average volume of 822,920. 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 stock has a 50-day moving average of $90.16 and a two-hundred day moving average of $94.20. Autoliv, Inc. has a one year low of $75.49 and a one year high of $129.38. The firm has a market capitalization of $7.13 billion, a PE ratio of 11.43, a PEG ratio of 0.73 and a beta of 1.47.

Autoliv (NYSE:ALV - Get Free Report) last posted its earnings results on Wednesday, April 16th. The auto parts company reported $2.15 earnings per share for the quarter, topping the consensus estimate of $1.72 by $0.43. Autoliv had a net margin of 6.21% and a return on equity of 28.62%. The business had revenue of $2.58 billion for the quarter, compared to analyst estimates of $2.50 billion. During the same quarter in the prior year, the firm earned $1.58 EPS. Analysts forecast that Autoliv, Inc. will post 9.51 earnings per share for the current year.

Autoliv Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, March 24th. Stockholders of record on Friday, March 7th were issued a $0.70 dividend. This represents a $2.80 annualized dividend and a dividend yield of 3.04%. The ex-dividend date was Friday, March 7th. Autoliv's payout ratio is currently 32.22%.

Insider Buying and Selling

In other Autoliv news, EVP Per Jonas Jademyr sold 401 shares of the stock in a transaction dated Tuesday, February 25th. The shares were sold at an average price of $98.85, for a total transaction of $39,638.85. Following the sale, 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Fredrik Westin sold 1,803 shares of the stock in a transaction that occurred on Tuesday, February 25th. The shares were sold at an average price of $99.19, for a total transaction 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 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 worth $915,534 in the last three months. Insiders own 0.30% of the company's stock.

About Autoliv

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.