MetLife Investment Management LLC Has $3.71 Million Stock Holdings in Autoliv, Inc. (NYSE:ALV)

MetLife Investment Management LLC grew its holdings in Autoliv, Inc. (NYSE:ALV - Free Report) by 8.4% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 39,568 shares of the auto parts company's stock after acquiring an additional 3,061 shares during the period. MetLife Investment Management LLC owned 0.05% of Autoliv worth $3,711,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. FMR LLC lifted its position in Autoliv by 9.9% during the 4th quarter. FMR LLC now owns 7,146,500 shares of the auto parts company's stock worth $670,270,000 after acquiring an additional 641,895 shares during the last quarter. Norges Bank bought a new position in shares of Autoliv in the fourth quarter worth about $36,761,000. FIL Ltd lifted its position in shares of Autoliv by 17.3% during the 4th quarter. FIL Ltd now owns 2,382,265 shares of the auto parts company's stock worth $223,433,000 after purchasing an additional 351,876 shares during the last quarter. Massachusetts Financial Services Co. MA boosted its stake in Autoliv by 67.9% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 701,994 shares of the auto parts company's stock valued at $65,840,000 after purchasing an additional 284,002 shares during the period. Finally, Dimensional Fund Advisors LP grew its holdings in Autoliv by 9.0% in the 4th quarter. Dimensional Fund Advisors LP now owns 1,623,600 shares of the auto parts company's stock valued at $152,275,000 after buying an additional 134,347 shares during the last quarter. Institutional investors and hedge funds own 69.57% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on the company. HSBC cut Autoliv from a "buy" rating to a "hold" rating and reduced their price objective for the company from $109.00 to $100.00 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. Barclays upped their price objective on shares of Autoliv from $97.00 to $105.00 and gave the company an "overweight" rating in a research report on Monday, April 21st. StockNews.com raised Autoliv from a "hold" rating to a "buy" rating in a report on Thursday, April 17th. Finally, Wells Fargo & Company cut their price target on shares of Autoliv from $84.00 to $82.00 and set an "equal weight" rating for the company in a research note on Thursday, April 17th. Seven equities research analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, Autoliv has an average rating of "Moderate Buy" and a consensus price target of $112.00.

Insider Transactions at Autoliv

In other Autoliv news, EVP Per Jonas Jademyr sold 401 shares of Autoliv stock in a transaction that occurred on Tuesday, February 25th. The shares were sold at an average price of $98.85, for a total value of $39,638.85. Following the transaction, the executive vice president now owns 685 shares of the company's stock, valued at approximately $67,712.25. The trade was a 36.92 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Magnus Jarlegren sold 1,289 shares of the 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 sale, the insider now directly owns 6,142 shares of the company's stock, valued at $607,013.86. This represents a 17.35 % decrease in their position. 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 90 days. 0.20% of the stock is owned by company insiders.

Autoliv Trading Up 1.2 %

ALV stock traded up $1.09 during midday trading on Tuesday, reaching $93.20. The company's stock had a trading volume of 485,249 shares, compared to its average volume of 816,612. The business's 50-day simple moving average is $89.84 and its 200-day simple moving average is $94.15. The company has a quick ratio of 0.71, a current ratio of 0.96 and a debt-to-equity ratio of 0.67. Autoliv, Inc. has a 52 week low of $75.49 and a 52 week high of $129.38. The stock has a market cap of $7.20 billion, a PE ratio of 11.55, a price-to-earnings-growth ratio of 0.73 and a beta of 1.47.

Autoliv (NYSE:ALV - Get Free Report) last released its quarterly earnings data 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. The business had revenue of $2.58 billion for the quarter, compared to analyst estimates of $2.50 billion. Autoliv had a net margin of 6.21% and a return on equity of 28.62%. During the same quarter last year, the firm earned $1.58 EPS. As a group, sell-side analysts expect that Autoliv, Inc. will post 9.51 EPS for the current 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 of this dividend was Friday, March 7th. This represents a $2.80 dividend on an annualized basis and a yield of 3.00%. Autoliv's payout ratio is 32.22%.

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.