Duality Advisers LP Takes Position in Autoliv, Inc. (NYSE:ALV)

Duality Advisers LP bought a new position in Autoliv, Inc. (NYSE:ALV) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 4,082 shares of the auto parts company’s stock, valued at approximately $450,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. FMR LLC raised its stake in Autoliv by 9.6% in the 3rd quarter. FMR LLC now owns 5,264,937 shares of the auto parts company’s stock worth $507,961,000 after acquiring an additional 459,147 shares during the last quarter. Vanguard Group Inc. increased its stake in shares of Autoliv by 6.7% in the 3rd quarter. Vanguard Group Inc. now owns 2,136,224 shares of the auto parts company’s stock valued at $206,103,000 after purchasing an additional 133,746 shares in the last quarter. Invesco Ltd. increased its stake in shares of Autoliv by 30.3% in the 3rd quarter. Invesco Ltd. now owns 519,924 shares of the auto parts company’s stock valued at $50,162,000 after purchasing an additional 121,025 shares in the last quarter. Assenagon Asset Management S.A. increased its stake in shares of Autoliv by 183.6% in the 3rd quarter. Assenagon Asset Management S.A. now owns 487,586 shares of the auto parts company’s stock valued at $47,042,000 after purchasing an additional 315,668 shares in the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank increased its stake in shares of Autoliv by 3.5% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 454,610 shares of the auto parts company’s stock valued at $50,093,000 after purchasing an additional 15,257 shares in the last quarter. Hedge funds and other institutional investors own 69.57% of the company’s stock.

Insiders Place Their Bets

In other news, CFO Fredrik Westin sold 1,318 shares of the company’s stock in a transaction on Wednesday, February 21st. The stock was sold at an average price of $109.93, for a total transaction of $144,887.74. Following the sale, the chief financial officer now owns 5,458 shares of the company’s stock, valued at $599,997.94. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other news, insider Colin Naughton sold 782 shares of the company’s stock in a transaction on Friday, February 2nd. The stock was sold at an average price of $110.68, for a total transaction of $86,551.76. Following the sale, the insider now owns 5,594 shares of the company’s stock, valued at $619,143.92. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Fredrik Westin sold 1,318 shares of the company’s stock in a transaction on Wednesday, February 21st. The stock was sold at an average price of $109.93, for a total value of $144,887.74. Following the sale, the chief financial officer now directly owns 5,458 shares in the company, valued at approximately $599,997.94. The disclosure for this sale can be found here. Insiders have sold 8,388 shares of company stock worth $921,757 over the last ninety days. Corporate insiders own 0.20% of the company’s stock.

Autoliv Stock Down 1.8 %

NYSE:ALV opened at $115.85 on Friday. The company has a quick ratio of 0.73, a current ratio of 0.98 and a debt-to-equity ratio of 0.52. The stock’s fifty day moving average is $117.46 and its two-hundred day moving average is $107.69. Autoliv, Inc. has a 52 week low of $79.66 and a 52 week high of $124.38. The stock has a market capitalization of $9.44 billion, a price-to-earnings ratio of 20.15, a price-to-earnings-growth ratio of 0.78 and a beta of 1.72.

Autoliv (NYSE:ALV) last released its quarterly earnings results on Friday, January 26th. The auto parts company reported $3.74 EPS for the quarter, topping analysts’ consensus estimates of $3.37 by $0.37. Autoliv had a return on equity of 27.13% and a net margin of 4.66%. The company had revenue of $2.75 billion for the quarter, compared to analysts’ expectations of $2.75 billion. During the same period in the prior year, the firm earned $1.83 earnings per share. The firm’s revenue was up 17.8% compared to the same quarter last year. Research analysts anticipate that Autoliv, Inc. will post 9.68 EPS for the current year.

Autoliv Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, March 27th. Shareholders of record on Tuesday, March 12th were paid a dividend of $0.68 per share. This represents a $2.72 dividend on an annualized basis and a yield of 2.35%. The ex-dividend date of this dividend was Monday, March 11th. Autoliv’s dividend payout ratio (DPR) is 47.30%.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on the company. Mizuho lifted their price target on Autoliv from $115.00 to $135.00 and gave the company a “buy” rating in a research note on Monday, March 25th. Berenberg Bank upgraded Autoliv from a “hold” rating to a “buy” rating and set a $120.00 price objective for the company in a research note on Friday, January 12th. Barclays boosted their price objective on Autoliv from $107.00 to $120.00 and gave the stock an “equal weight” rating in a research note on Thursday, April 11th. Wells Fargo & Company boosted their price objective on Autoliv from $101.00 to $107.00 and gave the stock an “equal weight” rating in a research note on Monday, January 29th. Finally, JPMorgan Chase & Co. boosted their target price on Autoliv from $117.00 to $129.00 and gave the stock a “neutral” rating in a report on Monday. Seven research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $118.60.

Autoliv 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.