Autoliv, Inc. (NYSE:ALV) Shares Bought by Van Lanschot Kempen Investment Management N.V.

Van Lanschot Kempen Investment Management N.V. grew its holdings in Autoliv, Inc. (NYSE:ALV) by 15.8% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 306,686 shares of the auto parts company’s stock after acquiring an additional 41,948 shares during the period. Van Lanschot Kempen Investment Management N.V.’s holdings in Autoliv were worth $28,764,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. UMB Bank n.a. raised its position in Autoliv by 139.5% in the fourth quarter. UMB Bank n.a. now owns 273 shares of the auto parts company’s stock valued at $26,000 after purchasing an additional 159 shares during the period. AlphaQuest LLC grew 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 valued at $29,000 after buying an additional 134 shares in the last quarter. Twin Tree Management LP purchased a new stake in shares of Autoliv during the 4th quarter valued at about $50,000. Physician Wealth Advisors Inc. acquired a new position in Autoliv during the 4th quarter worth approximately $57,000. Finally, CIBC Asset Management Inc boosted its holdings in Autoliv by 5.2% in the 4th quarter. CIBC Asset Management Inc now owns 2,501 shares of the auto parts company’s stock worth $235,000 after acquiring an additional 124 shares during the period. Institutional investors and hedge funds own 69.57% of the company’s stock.

Autoliv Stock Performance

Shares of ALV opened at $86.40 on Monday. The stock has a market capitalization of $6.69 billion, a PE ratio of 10.71, a price-to-earnings-growth ratio of 0.73 and a beta of 1.47. The business’s fifty day moving average price is $90.74 and its 200 day moving average price is $94.34. 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, Inc. has a 12-month low of $75.49 and a 12-month high of $129.38.

Autoliv (NYSE:ALV) last posted its quarterly earnings results on Wednesday, April 16th. The auto parts company reported $2.15 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.72 by $0.43. Autoliv had a net margin of 6.21% and a return on equity of 28.62%. The company had revenue of $2.58 billion for the quarter, compared to the consensus estimate of $2.50 billion. During the same period last year, the firm posted $1.58 EPS. Equities research analysts forecast 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. Shareholders of record on Friday, March 7th were issued 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 3.24%. Autoliv’s dividend payout ratio is currently 32.22%.

Insider Buying and Selling at Autoliv

In related news, insider Magnus Jarlegren sold 1,289 shares of the firm’s 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. This trade represents a 17.35 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Fredrik Westin sold 1,803 shares of the company’s 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 transaction, the chief financial officer now owns 7,261 shares of the company’s stock, valued at approximately $720,218.59. The trade was a 19.89 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 9,253 shares of company stock worth $915,534 over the last ninety days. Company insiders own 0.20% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on ALV shares. Pareto Securities lowered shares of Autoliv to a “hold” rating in a research note on Monday, February 3rd. Barclays upgraded shares of Autoliv from an “equal weight” rating to an “overweight” rating and cut their price objective for the stock from $110.00 to $97.00 in a report on Tuesday, April 15th. TD Cowen started coverage on Autoliv in a research note on Friday, March 7th. They set a “buy” rating and a $116.00 target price for the company. Mizuho dropped their target price on Autoliv from $112.00 to $95.00 and set an “outperform” rating on the stock in a research report on Thursday, April 10th. Finally, StockNews.com raised Autoliv from a “hold” rating to a “buy” rating in a report on Thursday. Eight research analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, Autoliv presently has a consensus rating of “Moderate Buy” and an average target price of $112.64.

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.