Sei Investments Co. Buys 3,668 Shares of Autoliv, Inc. (NYSE:ALV)

Sei Investments Co. raised its holdings in Autoliv, Inc. (NYSE:ALV - Free Report) by 8.8% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 45,440 shares of the auto parts company's stock after buying an additional 3,668 shares during the period. Sei Investments Co. owned about 0.06% of Autoliv worth $4,262,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in ALV. American Century Companies Inc. lifted its stake in shares of Autoliv by 11.4% during the 4th quarter. American Century Companies Inc. now owns 149,080 shares of the auto parts company's stock worth $13,982,000 after buying an additional 15,289 shares during the last quarter. Beddow Capital Management Inc. lifted its position in Autoliv by 12.5% during the fourth quarter. Beddow Capital Management Inc. now owns 90,980 shares of the auto parts company's stock worth $8,533,000 after acquiring an additional 10,083 shares during the last quarter. Northwest & Ethical Investments L.P. boosted its holdings in shares of Autoliv by 41.8% during the fourth quarter. Northwest & Ethical Investments L.P. now owns 19,004 shares of the auto parts company's stock worth $1,782,000 after acquiring an additional 5,604 shares during the period. Twin Tree Management LP acquired a new position in shares of Autoliv in the fourth quarter valued at approximately $50,000. Finally, Mondrian Investment Partners LTD increased its stake in shares of Autoliv by 4.5% during the fourth quarter. Mondrian Investment Partners LTD now owns 1,378,636 shares of the auto parts company's stock worth $133,259,000 after purchasing an additional 59,592 shares during the period. 69.57% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research firms recently issued reports on ALV. Pareto Securities downgraded Autoliv to a "hold" rating in a research note on Monday, February 3rd. Hsbc Global Res downgraded shares of Autoliv from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, February 4th. Cowen started coverage on shares of Autoliv in a research report on Thursday, March 6th. They set a "buy" rating on the stock. Mizuho cut their price objective on shares of Autoliv from $115.00 to $112.00 and set an "outperform" rating for the company in a report on Monday, February 3rd. Finally, Wells Fargo & Company lowered their target price 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. Ten equities research analysts have rated the stock with a hold rating, nine have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $117.14.

Insiders Place Their Bets

In other Autoliv news, insider Magnus Jarlegren sold 1,289 shares of the business's stock in a transaction that occurred on Tuesday, February 25th. The shares were 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. The trade was a 17.35 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Mikael Bratt sold 5,760 shares of the firm's stock in a transaction on Tuesday, February 25th. The shares were sold at an average price of $98.90, for a total transaction of $569,664.00. Following the transaction, 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 disclosure for this sale can be found here. Insiders sold a total of 9,253 shares of company stock valued at $915,534 in the last 90 days. Corporate insiders own 0.20% of the company's stock.

Autoliv Price Performance

Shares of ALV stock traded down $0.96 on Monday, reaching $79.73. The company had a trading volume of 1,028,841 shares, compared to its average volume of 790,455. The stock has a market capitalization of $6.17 billion, a PE ratio of 9.88, a price-to-earnings-growth ratio of 0.73 and a beta of 1.47. The company has a quick ratio of 0.71, a current ratio of 0.96 and a debt-to-equity ratio of 0.67. The business's 50-day moving average is $93.72 and its 200 day moving average is $95.18. Autoliv, Inc. has a one year low of $74.28 and a one year 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 EPS for the quarter, beating the consensus estimate of $2.84 by $0.21. Autoliv had a net margin of 6.21% and a return on equity of 28.62%. Equities research analysts forecast that Autoliv, Inc. will post 9.51 EPS for the current fiscal year.

Autoliv Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 24th. Investors of record on Friday, March 7th were given a dividend of $0.70 per share. The ex-dividend date was Friday, March 7th. This represents a $2.80 dividend on an annualized basis and a yield of 3.51%. Autoliv's dividend payout ratio is currently 34.70%.

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.