Autoliv, Inc. (NYSE:ALV) is Tweedy Browne Co LLC’s 9th Largest Position

Tweedy Browne Co LLC lessened its stake in Autoliv, Inc. (NYSE:ALV) by 5.8% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 444,159 shares of the auto parts company’s stock after selling 27,125 shares during the quarter. Autoliv makes up about 2.8% of Tweedy Browne Co LLC’s investment portfolio, making the stock its 9th largest position. Tweedy Browne Co LLC’s holdings in Autoliv were worth $41,658,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. UMB Bank n.a. increased its holdings in Autoliv by 139.5% in the 4th quarter. UMB Bank n.a. now owns 273 shares of the auto parts company’s stock valued at $26,000 after acquiring an additional 159 shares during the last quarter. AlphaQuest LLC grew its position in shares of Autoliv by 74.4% during the fourth quarter. AlphaQuest LLC now owns 314 shares of the auto parts company’s stock valued at $29,000 after purchasing an additional 134 shares in the last quarter. Fred Alger Management LLC bought a new stake in shares of Autoliv in the third quarter worth about $45,000. Twin Tree Management LP purchased a new stake in shares of Autoliv in the fourth quarter worth about $50,000. Finally, Physician Wealth Advisors Inc. bought a new position in Autoliv during the fourth quarter valued at approximately $57,000. Institutional investors own 69.57% of the company’s stock.

Autoliv Price Performance

ALV opened at $88.45 on Tuesday. The business has a fifty day moving average of $95.30 and a 200 day moving average of $95.57. The stock has a market cap of $6.85 billion, a P/E ratio of 10.96, a PEG ratio of 0.73 and a beta of 1.59. The company has a quick ratio of 0.71, a current ratio of 0.96 and a debt-to-equity ratio of 0.67. Autoliv, Inc. has a 52-week low of $87.55 and a 52-week high of $129.38.

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

Autoliv Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, March 24th. Shareholders of record on Friday, March 7th were paid a $0.70 dividend. The ex-dividend date of this dividend was Friday, March 7th. This represents a $2.80 dividend on an annualized basis and a yield of 3.17%. Autoliv’s dividend payout ratio is currently 34.70%.

Analyst Ratings Changes

A number of analysts have issued reports on ALV shares. Wells Fargo & Company reduced their price objective on Autoliv from $101.00 to $97.00 and set an “equal weight” rating on the stock in a research note on Monday, December 16th. Daiwa Capital Markets upgraded shares of Autoliv from a “neutral” rating to an “outperform” rating and set a $109.00 price target on the stock in a research report on Tuesday, January 7th. HSBC lowered shares of Autoliv from a “buy” rating to a “hold” rating and lowered their price objective for the company from $109.00 to $100.00 in a research report on Tuesday, February 4th. TD Cowen started coverage on shares of Autoliv in a report on Friday, March 7th. They issued a “buy” rating and a $116.00 target price on the stock. Finally, Cowen initiated coverage on shares of Autoliv in a report on Thursday, March 6th. They issued a “buy” rating for the company. Nine equities research analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $117.14.

Insider Transactions at Autoliv

In other Autoliv news, insider Magnus Jarlegren sold 1,289 shares of the firm’s stock in a transaction on Tuesday, February 25th. The stock was sold at an average price of $98.83, for a total transaction of $127,391.87. Following the transaction, the insider now directly owns 6,142 shares in the company, valued at $607,013.86. This trade represents a 17.35 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Per Jonas Jademyr sold 401 shares of the company’s stock in a transaction on Tuesday, February 25th. The stock was sold at an average price of $98.85, for a total value of $39,638.85. Following the completion of the sale, the executive vice president now owns 685 shares of the company’s stock, valued at $67,712.25. This represents a 36.92 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 9,253 shares of company stock valued at $915,534. 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.