Autoliv, Inc. (NYSE:ALV) Shares Purchased by DekaBank Deutsche Girozentrale

DekaBank Deutsche Girozentrale boosted its stake in Autoliv, Inc. (NYSE:ALV) by 379.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 21,385 shares of the auto parts company’s stock after acquiring an additional 16,927 shares during the period. DekaBank Deutsche Girozentrale’s holdings in Autoliv were worth $2,362,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the stock. BlackRock Inc. increased its stake in Autoliv by 188.9% during the first quarter. BlackRock Inc. now owns 5,468,058 shares of the auto parts company’s stock valued at $510,498,000 after purchasing an additional 3,575,146 shares during the last quarter. State Street Corp increased its stake in Autoliv by 185.3% during the first quarter. State Street Corp now owns 1,455,700 shares of the auto parts company’s stock valued at $135,904,000 after purchasing an additional 945,517 shares during the last quarter. Norges Bank bought a new stake in Autoliv during the fourth quarter valued at $67,916,000. Millennium Management LLC increased its stake in Autoliv by 292.3% during the fourth quarter. Millennium Management LLC now owns 1,146,435 shares of the auto parts company’s stock valued at $87,794,000 after purchasing an additional 854,212 shares during the last quarter. Finally, FMR LLC grew its position in shares of Autoliv by 9.6% during the third 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. 69.57% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, VP Mikael Hagstrom sold 327 shares of the stock in a transaction that occurred on Wednesday, February 21st. The stock was sold at an average price of $109.69, for a total value of $35,868.63. Following the completion of the sale, the vice president now directly owns 327 shares of the company’s stock, valued at $35,868.63. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. In related news, VP Mikael Hagstrom sold 327 shares of the firm’s stock in a transaction on Wednesday, February 21st. The stock was sold at an average price of $109.69, for a total value of $35,868.63. Following the completion of the transaction, the vice president now directly owns 327 shares of the company’s stock, valued at $35,868.63. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Colin Naughton sold 782 shares of the firm’s stock in a transaction on Friday, February 2nd. The stock was sold at an average price of $110.68, for a total value of $86,551.76. Following the completion of the transaction, the insider now directly owns 5,594 shares of the company’s stock, valued at $619,143.92. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 8,388 shares of company stock worth $921,757. Insiders own 0.20% of the company’s stock.

Analysts Set New Price Targets

Several research firms have recently commented on ALV. StockNews.com upgraded shares of Autoliv from a “hold” rating to a “buy” rating in a research report on Saturday, January 20th. Wells Fargo & Company upped their price objective on shares of Autoliv from $101.00 to $107.00 and gave the stock an “equal weight” rating in a report on Monday, January 29th. Berenberg Bank raised shares of Autoliv from a “hold” rating to a “buy” rating and set a $120.00 price objective for the company in a report on Friday, January 12th. Mizuho upped their price objective on shares of Autoliv from $115.00 to $135.00 and gave the stock a “buy” rating in a report on Monday, March 25th. Finally, Wolfe Research downgraded shares of Autoliv from an “outperform” rating to a “peer perform” rating in a report on Thursday, January 4th. Seven analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $115.18.

Autoliv Price Performance

ALV stock opened at $115.26 on Friday. The company has a current ratio of 0.98, a quick ratio of 0.73 and a debt-to-equity ratio of 0.52. Autoliv, Inc. has a one year low of $79.66 and a one year high of $124.38. The firm has a market capitalization of $9.39 billion, a PE ratio of 20.05, a P/E/G ratio of 0.76 and a beta of 1.72. The firm has a 50-day moving average of $116.38 and a two-hundred day moving average of $106.50.

Autoliv (NYSE:ALV) last issued its earnings results on Friday, January 26th. The auto parts company reported $3.74 earnings per share for the quarter, beating analysts’ consensus estimates of $3.37 by $0.37. The company had revenue of $2.75 billion for the quarter, compared to the consensus estimate of $2.75 billion. Autoliv had a return on equity of 27.13% and a net margin of 4.66%. The firm’s quarterly revenue was up 17.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.83 EPS. On average, analysts forecast that Autoliv, Inc. will post 9.7 earnings per share for the current year.

Autoliv Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, March 27th. Investors of record on Tuesday, March 12th were issued a $0.68 dividend. The ex-dividend date of this dividend was Monday, March 11th. This represents a $2.72 dividend on an annualized basis and a yield of 2.36%. Autoliv’s dividend payout ratio is currently 47.30%.

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.