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

Sei Investments Co. boosted its holdings in Autoliv, Inc. (NYSE:ALV) by 8.8% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 45,440 shares of the auto parts company’s stock after acquiring an additional 3,668 shares during the period. Sei Investments Co. owned 0.06% of Autoliv worth $4,262,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently bought and sold shares of ALV. Geode Capital Management LLC grew its stake 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 Autoliv by 38.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 276,315 shares of the auto parts company’s stock valued at $25,800,000 after acquiring an additional 76,510 shares during the period. Lancaster Investment Management grew its position in shares of Autoliv by 17.7% in the 4th quarter. Lancaster Investment Management now owns 568,821 shares of the auto parts company’s stock valued at $53,350,000 after buying an additional 85,732 shares during the last quarter. ABC Arbitrage SA acquired a new position in shares of Autoliv in the 4th quarter worth approximately $394,000. Finally, Barclays PLC grew its holdings in Autoliv by 41.5% during the 3rd quarter. Barclays PLC now owns 30,216 shares of the auto parts company’s stock worth $2,821,000 after acquiring an additional 8,859 shares during the period. 69.57% of the stock is owned by institutional investors.

Autoliv Trading Up 0.9 %

Shares of Autoliv stock opened at $90.30 on Thursday. The firm’s 50-day moving average price is $94.92 and its 200 day moving average price is $95.49. Autoliv, Inc. has a twelve month low of $87.55 and a twelve month high of $129.38. The firm has a market capitalization of $6.99 billion, a PE ratio of 11.19, a P/E/G ratio of 0.73 and a beta of 1.59. The company has a current ratio of 0.96, a quick ratio of 0.71 and a debt-to-equity ratio of 0.67.

Autoliv (NYSE:ALV) last posted its earnings results on Friday, January 31st. The auto parts company reported $3.05 earnings per share 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%. On average, sell-side analysts predict that Autoliv, Inc. will post 9.51 EPS for the current fiscal year.

Autoliv Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 24th. Investors of record on Friday, March 7th were paid 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 dividend yield of 3.10%. Autoliv’s payout ratio is currently 34.70%.

Insider Transactions at Autoliv

In other Autoliv news, insider Magnus Jarlegren sold 1,289 shares of Autoliv stock in a transaction that occurred on Tuesday, February 25th. The stock was sold at an average price of $98.83, for a total value of $127,391.87. Following the sale, the insider now owns 6,142 shares of the company’s stock, valued at approximately $607,013.86. The trade was a 17.35 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Fredrik Westin sold 1,803 shares of the stock in a transaction on Tuesday, February 25th. The stock was sold at an average price of $99.19, for a total value of $178,839.57. Following the completion of the transaction, the chief financial officer now owns 7,261 shares of the company’s stock, valued at $720,218.59. The trade was a 19.89 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 9,253 shares of company stock valued at $915,534. 0.24% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the stock. Cowen began coverage on shares of Autoliv in a report on Thursday, March 6th. They issued a “buy” rating on the stock. TD Cowen started coverage on Autoliv in a report on Friday, March 7th. They issued a “buy” rating and a $116.00 price objective for the company. Pareto Securities lowered Autoliv to a “hold” rating in a report on Monday, February 3rd. HSBC downgraded shares of Autoliv from a “buy” rating to a “hold” rating and cut their price target for the company from $109.00 to $100.00 in a report on Tuesday, February 4th. Finally, Hsbc Global Res lowered shares of Autoliv from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, February 4th. Nine equities research analysts have rated the stock with a hold rating, ten have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat, Autoliv has a consensus rating of “Moderate Buy” and a consensus target price of $117.14.

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.