Northwest & Ethical Investments L.P. Has $1.78 Million Holdings in Autoliv, Inc. (NYSE:ALV)

Northwest & Ethical Investments L.P. lifted its position in shares of Autoliv, Inc. (NYSE:ALV - Free Report) by 41.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 19,004 shares of the auto parts company's stock after acquiring an additional 5,604 shares during the period. Northwest & Ethical Investments L.P.'s holdings in Autoliv were worth $1,782,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also made changes to their positions in the company. UMB Bank n.a. raised its position in Autoliv by 139.5% during the fourth quarter. UMB Bank n.a. now owns 273 shares of the auto parts company's stock valued at $26,000 after purchasing an additional 159 shares in the last quarter. AlphaQuest LLC raised its holdings in shares of Autoliv by 74.4% during the 4th quarter. AlphaQuest LLC now owns 314 shares of the auto parts company's stock worth $29,000 after buying an additional 134 shares in the last quarter. Fred Alger Management LLC bought a new stake in shares of Autoliv during the 3rd quarter worth $45,000. Twin Tree Management LP bought a new stake in shares of Autoliv during the 4th quarter worth $50,000. Finally, CIBC Asset Management Inc boosted its stake in Autoliv by 5.2% in the fourth quarter. CIBC Asset Management Inc now owns 2,501 shares of the auto parts company's stock valued at $235,000 after buying an additional 124 shares in the last quarter. Institutional investors and hedge funds own 69.57% of the company's stock.

Analysts Set New Price Targets

A number of research firms have recently commented on ALV. Wells Fargo & Company dropped their target price on shares of Autoliv from $101.00 to $97.00 and set an "equal weight" rating for the company in a report on Monday, December 16th. Daiwa America raised shares of Autoliv from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, January 7th. TD Cowen initiated coverage on shares of Autoliv in a research report on Friday, March 7th. They issued a "buy" rating and a $116.00 target price on the stock. 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 report on Tuesday, January 7th. Finally, StockNews.com raised Autoliv from a "hold" rating to a "buy" rating in a report on Friday, March 14th. Nine analysts have rated the stock with a hold rating, ten have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $117.14.

Autoliv Trading Up 1.3 %

ALV stock traded up $1.19 during trading on Wednesday, hitting $94.93. The company had a trading volume of 955,336 shares, compared to its average volume of 754,346. The stock has a market cap of $7.38 billion, a PE ratio of 11.76, a PEG ratio of 0.73 and a beta of 1.59. The business has a 50-day moving average of $95.84 and a 200-day moving average of $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. Autoliv, Inc. has a one year low of $87.55 and a one year high of $129.38.

Autoliv (NYSE:ALV - Get Free Report) last issued its quarterly earnings results on Friday, January 31st. The auto parts company reported $3.05 earnings per share 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%. Research analysts predict that Autoliv, Inc. will post 9.51 earnings per share for the current fiscal year.

Autoliv Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, March 24th. Shareholders of record on Friday, March 7th were paid a $0.70 dividend. This represents a $2.80 annualized dividend and a yield of 2.95%. The ex-dividend date of this dividend was Friday, March 7th. Autoliv's dividend payout ratio (DPR) is presently 34.70%.

Insiders Place Their Bets

In related news, CEO Mikael Bratt sold 5,760 shares of the business's stock in a transaction dated Tuesday, February 25th. The stock was sold at an average price of $98.90, for a total value of $569,664.00. Following the completion of the sale, the chief executive officer now directly owns 23,307 shares of the company's stock, valued at $2,305,062.30. The trade was a 19.82 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, 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 value of $39,638.85. Following the transaction, the executive vice president now directly owns 685 shares in the company, valued at approximately $67,712.25. This trade represents a 36.92 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 9,253 shares of company stock worth $915,534. Corporate 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.