Northwest & Ethical Investments L.P. Buys 5,604 Shares of Autoliv, Inc. (NYSE:ALV)

Northwest & Ethical Investments L.P. raised its holdings in Autoliv, Inc. (NYSE:ALV - Free Report) by 41.8% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 19,004 shares of the auto parts company's stock after buying an additional 5,604 shares during the quarter. Northwest & Ethical Investments L.P.'s holdings in Autoliv were worth $1,782,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in the business. FMR LLC raised its stake in Autoliv by 6.1% in the third quarter. FMR LLC now owns 6,504,605 shares of the auto parts company's stock worth $607,335,000 after buying an additional 376,665 shares in the last quarter. Swedbank AB grew its holdings in shares of Autoliv by 8.7% during the 3rd quarter. Swedbank AB now owns 2,567,281 shares of the auto parts company's stock worth $239,707,000 after acquiring an additional 205,241 shares during the period. Massachusetts Financial Services Co. MA raised its position in shares of Autoliv by 83.9% in 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 acquiring an additional 190,654 shares in the last quarter. Wellington Management Group LLP lifted its stake in shares of Autoliv by 21.2% in the 3rd quarter. Wellington Management Group LLP now owns 910,437 shares of the auto parts company's stock valued at $85,008,000 after purchasing an additional 159,067 shares during the period. Finally, Jane Street Group LLC lifted its stake in shares of Autoliv by 94.2% in the 3rd quarter. Jane Street Group LLC now owns 210,989 shares of the auto parts company's stock valued at $19,700,000 after purchasing an additional 102,362 shares during the period. 69.57% of the stock is owned by hedge funds and other institutional investors.

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Analyst Ratings Changes

A number of equities analysts have issued reports on ALV shares. Wells Fargo & Company decreased their price objective on Autoliv from $101.00 to $97.00 and set an "equal weight" rating for the company in a report on Monday, December 16th. Daiwa Capital Markets upgraded shares of Autoliv from a "neutral" rating to an "outperform" rating and set a $109.00 price target for the company in a research note on Tuesday, January 7th. Hsbc Global Res lowered shares of Autoliv from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, February 4th. Daiwa America upgraded shares of Autoliv from a "hold" rating to a "strong-buy" rating in a report on Tuesday, January 7th. Finally, HSBC lowered shares of Autoliv from a "buy" rating to a "hold" rating and lowered their target price for the company from $109.00 to $100.00 in a report on Tuesday, February 4th. Nine equities research analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $117.14.

Autoliv Stock Performance

NYSE:ALV traded up $1.43 during mid-day trading on Tuesday, reaching $93.69. The company's stock had a trading volume of 676,390 shares, compared to its average volume of 753,632. The firm's fifty day moving average price is $95.84 and its two-hundred day moving average price is $95.68. The company has a current ratio of 0.96, a quick ratio of 0.71 and a debt-to-equity ratio of 0.67. The stock has a market cap of $7.28 billion, a P/E ratio of 11.61, a PEG ratio of 0.73 and a beta of 1.59. Autoliv, Inc. has a 12-month low of $87.55 and a 12-month high of $129.38.

Autoliv (NYSE:ALV - Get Free Report) last issued its quarterly earnings data on Friday, January 31st. The auto parts company reported $3.05 earnings per share for the quarter, beating analysts' consensus estimates of $2.84 by $0.21. Autoliv had a net margin of 6.21% and a return on equity of 28.62%. On average, equities analysts forecast that Autoliv, Inc. will post 9.51 EPS for the current fiscal year.

Autoliv Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 24th. Investors of record on Friday, March 7th were issued a $0.70 dividend. This represents a $2.80 annualized dividend and a dividend yield of 2.99%. The ex-dividend date of this dividend was Friday, March 7th. Autoliv's payout ratio is currently 34.70%.

Insider Buying and Selling

In other Autoliv news, 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 value of $178,839.57. Following the transaction, the chief financial officer now directly owns 7,261 shares in the company, valued at approximately $720,218.59. This trade represents a 19.89 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Per Jonas Jademyr sold 401 shares of the business's stock in a transaction on 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 directly owns 685 shares of the company's stock, valued at approximately $67,712.25. The trade was a 36.92 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 9,253 shares of company stock valued at $915,534 over the last 90 days. Company insiders own 0.20% of the company's stock.

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.