Autoliv, Inc. (NYSE:ALV) Shares Purchased by Mondrian Investment Partners LTD

Mondrian Investment Partners LTD raised its holdings in shares of Autoliv, Inc. (NYSE:ALV) by 4.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,378,636 shares of the auto parts company’s stock after buying an additional 59,592 shares during the period. Autoliv comprises 2.3% of Mondrian Investment Partners LTD’s investment portfolio, making the stock its 14th largest position. Mondrian Investment Partners LTD owned 1.77% of Autoliv worth $133,259,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Legend Financial Advisors Inc. increased its stake in shares of Autoliv by 1.8% in the fourth quarter. Legend Financial Advisors Inc. now owns 6,344 shares of the auto parts company’s stock worth $595,000 after buying an additional 115 shares during the last quarter. CIBC Asset Management Inc increased its stake in shares of Autoliv by 5.2% in the fourth quarter. CIBC Asset Management Inc now owns 2,501 shares of the auto parts company’s stock worth $235,000 after buying an additional 124 shares during the last quarter. Quantinno Capital Management LP increased its stake in shares of Autoliv by 0.6% in the third quarter. Quantinno Capital Management LP now owns 23,456 shares of the auto parts company’s stock worth $2,190,000 after buying an additional 130 shares during the last quarter. US Bancorp DE increased its stake in shares of Autoliv by 3.5% in the fourth quarter. US Bancorp DE now owns 3,820 shares of the auto parts company’s stock worth $358,000 after buying an additional 130 shares during the last quarter. Finally, AlphaQuest LLC increased its stake in shares of Autoliv by 74.4% in the fourth quarter. AlphaQuest LLC now owns 314 shares of the auto parts company’s stock worth $29,000 after buying an additional 134 shares during the last quarter. 69.57% of the stock is owned by institutional investors and hedge funds.

Autoliv Stock Performance

ALV stock opened at $87.60 on Friday. Autoliv, Inc. has a fifty-two week low of $87.55 and a fifty-two week high of $129.38. 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 company has a market capitalization of $6.81 billion, a P/E ratio of 10.85, a PEG ratio of 0.73 and a beta of 1.59. The company has a 50-day simple moving average of $96.51 and a 200 day simple moving average of $96.34.

Autoliv (NYSE:ALV) last issued its quarterly earnings results on Friday, January 31st. The auto parts company reported $3.05 earnings per share for the quarter, beating analysts’ consensus estimates of $2.84 by $0.21. Autoliv had a net margin of 6.21% and a return on equity of 28.62%. Sell-side analysts predict that Autoliv, Inc. will post 9.51 earnings per share for the current fiscal year.

Autoliv Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 24th. Shareholders of record on Friday, March 7th will be issued a $0.70 dividend. This represents a $2.80 dividend on an annualized basis and a yield of 3.20%. The ex-dividend date of this dividend is Friday, March 7th. Autoliv’s payout ratio is 34.70%.

Wall Street Analyst Weigh In

ALV has been the subject of a number of research analyst reports. Hsbc Global Res lowered shares of Autoliv from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, February 4th. Mizuho lowered their target price on shares of Autoliv from $115.00 to $112.00 and set an “outperform” rating for the company in a research note on Monday, February 3rd. Daiwa Capital Markets upgraded shares of Autoliv from a “neutral” rating to an “outperform” rating and set a $109.00 target price for the company in a research note on Tuesday, January 7th. Pareto Securities lowered shares of Autoliv to a “hold” rating in a research note on Monday, February 3rd. Finally, StockNews.com upgraded shares of Autoliv from a “hold” rating to a “buy” rating in a research note on Friday. Nine equities research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $117.14.

Insider Buying and Selling at Autoliv

In other Autoliv news, insider Magnus Jarlegren sold 1,289 shares of the business’s stock in a transaction dated Tuesday, February 25th. The stock was sold at an average price of $98.83, for a total transaction of $127,391.87. Following the sale, the insider now owns 6,142 shares in the company, valued at approximately $607,013.86. The trade was a 17.35 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Fredrik Westin sold 1,803 shares of the business’s stock in a transaction dated Tuesday, February 25th. The stock was sold at an average price of $99.19, for a total value of $178,839.57. Following the sale, the chief financial officer now owns 7,261 shares in the company, valued at approximately $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 three months, insiders sold 9,253 shares of company stock valued at $915,534. 0.20% of the stock is owned by 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.