Wellington Management Group LLP Purchases 113,500 Shares of Autoliv, Inc. (NYSE:ALV)

Wellington Management Group LLP raised its holdings in Autoliv, Inc. (NYSE:ALV - Free Report) by 12.5% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,023,937 shares of the auto parts company's stock after purchasing an additional 113,500 shares during the period. Wellington Management Group LLP owned approximately 1.32% of Autoliv worth $96,035,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently made changes to their positions in ALV. Geode Capital Management LLC grew its position in Autoliv by 10.8% during the third quarter. Geode Capital Management LLC now owns 987,375 shares of the auto parts company's stock worth $92,221,000 after buying an additional 95,888 shares in the last quarter. JPMorgan Chase & Co. increased its position in shares of Autoliv by 38.3% in the third quarter. JPMorgan Chase & Co. now owns 276,315 shares of the auto parts company's stock worth $25,800,000 after purchasing an additional 76,510 shares during the period. Lancaster Investment Management raised its stake in Autoliv by 17.7% in the fourth quarter. Lancaster Investment Management now owns 568,821 shares of the auto parts company's stock valued at $53,350,000 after purchasing an additional 85,732 shares in the last quarter. ABC Arbitrage SA bought a new stake in Autoliv during the fourth quarter worth about $394,000. Finally, Barclays PLC grew its stake in Autoliv by 41.5% during the third quarter. Barclays PLC now owns 30,216 shares of the auto parts company's stock worth $2,821,000 after buying an additional 8,859 shares in the last quarter. Institutional investors and hedge funds own 69.57% of the company's stock.

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Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on ALV. Pareto Securities downgraded shares of Autoliv to a "hold" rating in a report on Monday, February 3rd. HSBC lowered Autoliv from a "buy" rating to a "hold" rating and decreased their price target for the company from $109.00 to $100.00 in a research note on Tuesday, February 4th. Wells Fargo & Company reduced their price objective on Autoliv from $101.00 to $97.00 and set an "equal weight" rating on the stock in a research note on Monday, December 16th. Hsbc Global Res downgraded shares of Autoliv from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, February 4th. Finally, Daiwa Capital Markets upgraded shares of Autoliv from a "neutral" rating to an "outperform" rating and set a $109.00 price objective for the company in a research report on Tuesday, January 7th. Ten 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 company. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $117.14.

Autoliv Trading Up 0.1 %

Shares of NYSE:ALV traded up $0.11 during trading on Tuesday, reaching $79.83. The stock had a trading volume of 203,321 shares, compared to its average volume of 887,827. Autoliv, Inc. has a 52 week low of $76.82 and a 52 week high of $129.38. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.71 and a current ratio of 0.96. The firm's fifty day moving average is $93.72 and its 200 day moving average is $95.18. The stock has a market cap of $6.18 billion, a price-to-earnings ratio of 9.89, a P/E/G ratio of 0.73 and a beta of 1.47.

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%. As a group, equities analysts forecast that Autoliv, Inc. will post 9.51 EPS for the current fiscal year.

Autoliv Announces Dividend

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

Insider Activity

In other Autoliv news, 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 value of $569,664.00. Following the transaction, the chief executive officer now directly owns 23,307 shares of the company's stock, valued at approximately $2,305,062.30. This trade represents a 19.82 % decrease in their ownership of the stock. The transaction was disclosed in a 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 dated Tuesday, February 25th. The stock was 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 ownership of the stock. The disclosure for this sale can be found here. Insiders sold 9,253 shares of company stock worth $915,534 in the last quarter. 0.20% of the stock is owned by corporate insiders.

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.