Autoliv, Inc. (NYSE:ALV) Shares Acquired by OLD Mission Capital LLC

OLD Mission Capital LLC lifted its position in Autoliv, Inc. (NYSE:ALV) by 92.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 63,264 shares of the auto parts company’s stock after buying an additional 30,431 shares during the quarter. OLD Mission Capital LLC owned approximately 0.08% of Autoliv worth $5,934,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the company. Geode Capital Management LLC increased 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 purchasing an additional 95,888 shares during the period. JPMorgan Chase & Co. grew its holdings 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 valued at $25,800,000 after purchasing an additional 76,510 shares in the last quarter. Lancaster Investment Management increased its stake in Autoliv by 17.7% during the 4th quarter. Lancaster Investment Management now owns 568,821 shares of the auto parts company’s stock worth $53,350,000 after buying an additional 85,732 shares during the period. HITE Hedge Asset Management LLC lifted its holdings in Autoliv by 32.9% during the 3rd quarter. HITE Hedge Asset Management LLC now owns 135,424 shares of the auto parts company’s stock worth $12,645,000 after buying an additional 33,490 shares in the last quarter. Finally, ABC Arbitrage SA purchased a new position in Autoliv in the 4th quarter valued at approximately $394,000. Institutional investors and hedge funds own 69.57% of the company’s stock.

Autoliv Price Performance

Shares of ALV opened at $88.45 on Tuesday. The firm has a fifty day moving average price of $95.30 and a 200 day moving average price of $95.57. The stock has a market cap of $6.85 billion, a PE ratio of 10.96, a price-to-earnings-growth ratio of 0.73 and a beta of 1.59. Autoliv, Inc. has a 1-year low of $87.55 and a 1-year high of $129.38. The company has a debt-to-equity ratio of 0.67, a current ratio of 0.96 and a quick ratio of 0.71.

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 return on equity of 28.62% and a net margin of 6.21%. As a group, sell-side analysts anticipate that Autoliv, Inc. will post 9.51 EPS for the current year.

Autoliv Dividend Announcement

The firm also recently announced 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. The ex-dividend date of this dividend was Friday, March 7th. This represents a $2.80 dividend on an annualized basis and a dividend yield of 3.17%. Autoliv’s dividend payout ratio (DPR) is presently 34.70%.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on the company. Daiwa Capital Markets raised Autoliv from a “neutral” rating to an “outperform” rating and set a $109.00 price objective on the stock in a research report on Tuesday, January 7th. TD Cowen started coverage on Autoliv in a report on Friday, March 7th. They set a “buy” rating and a $116.00 price target on the stock. HSBC cut Autoliv from a “buy” rating to a “hold” rating and decreased their price objective for the company from $109.00 to $100.00 in a research note on Tuesday, February 4th. Mizuho cut their target price on shares of Autoliv from $115.00 to $112.00 and set an “outperform” rating on the stock in a research note on Monday, February 3rd. Finally, Cowen assumed coverage on shares of Autoliv in a report on Thursday, March 6th. They issued a “buy” rating on the stock. Nine research analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $117.14.

Insider Activity

In related 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 value of $127,391.87. Following the transaction, the insider now owns 6,142 shares in the company, valued at $607,013.86. The trade was a 17.35 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, EVP Per Jonas Jademyr sold 401 shares of the company’s stock in a transaction that occurred on Tuesday, February 25th. The shares were sold at an average price of $98.85, for a total value 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. This represents a 36.92 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 9,253 shares of company stock valued at $915,534 in the last ninety days. 0.20% of the stock is currently owned by company insiders.

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.