Ontario Teachers Pension Plan Board Has $2.14 Million Stock Position in Autoliv, Inc. (NYSE:ALV)

Ontario Teachers Pension Plan Board lifted its position in Autoliv, Inc. (NYSE:ALV - Free Report) by 34.3% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 22,819 shares of the auto parts company's stock after buying an additional 5,822 shares during the period. Ontario Teachers Pension Plan Board's holdings in Autoliv were worth $2,140,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Barclays PLC raised its position in Autoliv by 79.6% in the fourth quarter. Barclays PLC now owns 54,282 shares of the auto parts company's stock worth $5,091,000 after acquiring an additional 24,066 shares in the last quarter. LFL Advisers LLC boosted its stake in shares of Autoliv by 0.9% during the 4th quarter. LFL Advisers LLC now owns 296,329 shares of the auto parts company's stock worth $27,793,000 after acquiring an additional 2,775 shares in the last quarter. LSV Asset Management grew its holdings in shares of Autoliv by 69.3% in the 4th quarter. LSV Asset Management now owns 321,080 shares of the auto parts company's stock worth $30,114,000 after acquiring an additional 131,480 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in shares of Autoliv during the fourth quarter worth $3,815,000. Finally, FIL Ltd lifted its holdings in shares of Autoliv by 17.3% during the fourth quarter. FIL Ltd now owns 2,382,265 shares of the auto parts company's stock valued at $223,433,000 after purchasing an additional 351,876 shares during the last quarter. Institutional investors and hedge funds own 69.57% of the company's stock.

Analyst Upgrades and Downgrades

ALV has been the topic of a number of analyst reports. Barclays upgraded Autoliv from an "equal weight" rating to an "overweight" rating and cut their price objective for the stock from $110.00 to $97.00 in a report on Tuesday, April 15th. Hsbc Global Res lowered shares of Autoliv from a "strong-buy" rating to a "hold" rating in a report on Tuesday, February 4th. TD Cowen started coverage on shares of Autoliv in a research note on Friday, March 7th. They issued a "buy" rating and a $116.00 price objective for the company. Daiwa America raised shares of Autoliv from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, January 7th. Finally, Robert W. Baird decreased their target price on Autoliv from $105.00 to $90.00 and set a "neutral" rating for the company in a research report on Tuesday, April 15th. Eight equities research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $112.64.

Autoliv Stock Down 0.5 %

Shares of ALV traded down $0.42 during mid-day trading on Friday, hitting $86.40. 906,750 shares of the company's stock were exchanged, compared to its average volume of 820,866. The stock has a market cap of $6.69 billion, a price-to-earnings ratio of 10.71, a P/E/G ratio of 0.73 and a beta of 1.47. The firm has a fifty day moving average of $90.74 and a two-hundred day moving average of $94.32. 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 twelve month low of $75.49 and a twelve month high of $129.38.

Autoliv (NYSE:ALV - Get Free Report) last issued its quarterly earnings data on Wednesday, April 16th. The auto parts company reported $2.15 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.72 by $0.43. Autoliv had a net margin of 6.21% and a return on equity of 28.62%. The firm had revenue of $2.58 billion during the quarter, compared to analysts' expectations of $2.50 billion. During the same period in the prior year, the company posted $1.58 earnings per share. On average, sell-side analysts forecast that Autoliv, Inc. will post 9.51 earnings per share for the current year.

Autoliv Dividend Announcement

The business also recently disclosed 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 dividend on an annualized basis and a dividend yield of 3.24%. The ex-dividend date was Friday, March 7th. Autoliv's payout ratio is 32.22%.

Insider Activity at Autoliv

In other news, CEO Mikael Bratt sold 5,760 shares of Autoliv stock in a transaction that occurred 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 transaction, the chief executive officer now owns 23,307 shares of the company's stock, valued at $2,305,062.30. This trade represents a 19.82 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Fredrik Westin sold 1,803 shares of the company's stock in a transaction on Tuesday, February 25th. The stock was 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 of the company's stock, valued at approximately $720,218.59. This represents a 19.89 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 9,253 shares of company stock valued at $915,534. Corporate insiders own 0.20% 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.