Autoliv, Inc. (NYSE:ALV) Position Lowered by Prudential PLC

Prudential PLC cut its position in Autoliv, Inc. (NYSE:ALV - Free Report) by 29.0% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 33,805 shares of the auto parts company's stock after selling 13,825 shares during the quarter. Prudential PLC's holdings in Autoliv were worth $3,171,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently added to or reduced their stakes in the business. UMB Bank n.a. grew its stake in shares of 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 buying an additional 159 shares during the last quarter. AlphaQuest LLC boosted its stake 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 acquiring an additional 134 shares in the last quarter. Twin Tree Management LP purchased a new position in Autoliv during the fourth quarter valued at $50,000. Physician Wealth Advisors Inc. purchased a new position in shares of Autoliv in the 4th quarter worth about $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 in the last quarter. Institutional investors own 69.57% of the company's stock.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on ALV shares. Wells Fargo & Company dropped their price objective on shares of Autoliv from $101.00 to $97.00 and set an "equal weight" rating on the stock in a report on Monday, December 16th. Daiwa Capital Markets raised Autoliv from a "neutral" rating to an "outperform" rating and set a $109.00 target price on the stock in a research note on Tuesday, January 7th. Pareto Securities cut shares of Autoliv to a "hold" rating in a research note on Monday, February 3rd. StockNews.com lowered shares of Autoliv from a "buy" rating to a "hold" rating in a report on Thursday, April 3rd. Finally, Daiwa America raised Autoliv from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, January 7th. Ten equities research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat.com, Autoliv currently has an average rating of "Moderate Buy" and an average target price of $115.93.

Insider Activity

In other Autoliv news, EVP Per Jonas Jademyr sold 401 shares of the stock in a transaction that occurred 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 transaction, the executive vice president now owns 685 shares of the company's stock, valued at $67,712.25. This trade represents a 36.92 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Fredrik Westin sold 1,803 shares of the firm's stock in a transaction 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 completion of the transaction, the chief financial officer now directly owns 7,261 shares in the company, valued at approximately $720,218.59. This represents a 19.89 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 9,253 shares of company stock valued at $915,534. Insiders own 0.20% of the company's stock.

Autoliv Stock Up 0.4 %

ALV stock traded up $0.32 during midday trading on Friday, reaching $80.02. 1,069,533 shares of the company were exchanged, compared to its average volume of 800,602. The company has a market cap of $6.20 billion, a price-to-earnings ratio of 9.92, a price-to-earnings-growth ratio of 0.73 and a beta of 1.47. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.71 and a current ratio of 0.96. Autoliv, Inc. has a 1-year low of $75.49 and a 1-year high of $129.38. The stock's 50-day simple moving average is $91.55 and its 200 day simple moving average is $94.62.

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 (EPS) for the quarter, topping the consensus estimate of $2.84 by $0.21. Autoliv had a return on equity of 28.62% and a net margin of 6.21%. On average, equities analysts forecast that Autoliv, Inc. will post 9.51 earnings per share for the current year.

Autoliv Announces Dividend

The firm also recently disclosed 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 was Friday, March 7th. This represents a $2.80 dividend on an annualized basis and a yield of 3.50%. Autoliv's dividend payout ratio is presently 34.70%.

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.