Duality Advisers LP Buys Shares of 4,082 Autoliv, Inc. (NYSE:ALV)

Duality Advisers LP bought a new stake in shares of Autoliv, Inc. (NYSE:ALV) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund bought 4,082 shares of the auto parts company’s stock, valued at approximately $450,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. FMR LLC lifted its stake in shares of Autoliv by 9.6% in the 3rd quarter. FMR LLC now owns 5,264,937 shares of the auto parts company’s stock worth $507,961,000 after acquiring an additional 459,147 shares during the period. Assenagon Asset Management S.A. lifted its stake in shares of Autoliv by 183.6% in the 3rd quarter. Assenagon Asset Management S.A. now owns 487,586 shares of the auto parts company’s stock worth $47,042,000 after acquiring an additional 315,668 shares during the period. Adage Capital Partners GP L.L.C. acquired a new stake in shares of Autoliv in the 3rd quarter worth approximately $19,296,000. AQR Capital Management LLC lifted its stake in shares of Autoliv by 1,270.7% in the 3rd quarter. AQR Capital Management LLC now owns 202,695 shares of the auto parts company’s stock worth $19,556,000 after acquiring an additional 187,907 shares during the period. Finally, Foundry Partners LLC acquired a new stake in shares of Autoliv in the 4th quarter worth approximately $15,165,000. 69.57% of the stock is owned by institutional investors and hedge funds.

Autoliv Stock Down 1.8 %

ALV stock opened at $115.85 on Friday. The firm has a market capitalization of $9.44 billion, a P/E ratio of 20.15, a P/E/G ratio of 0.78 and a beta of 1.72. The company has a debt-to-equity ratio of 0.52, a current ratio of 0.98 and a quick ratio of 0.73. The company’s 50 day simple moving average is $117.46 and its 200-day simple moving average is $107.69. Autoliv, Inc. has a 52-week low of $79.66 and a 52-week high of $124.38.

Autoliv (NYSE:ALV) last released its quarterly earnings data on Friday, January 26th. The auto parts company reported $3.74 earnings per share for the quarter, beating the consensus estimate of $3.37 by $0.37. The firm had revenue of $2.75 billion for the quarter, compared to analyst estimates of $2.75 billion. Autoliv had a net margin of 4.66% and a return on equity of 27.13%. The company’s revenue for the quarter was up 17.8% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.83 EPS. As a group, equities research analysts anticipate that Autoliv, Inc. will post 9.68 EPS for the current year.

Autoliv Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, March 27th. Shareholders of record on Tuesday, March 12th were paid a $0.68 dividend. The ex-dividend date was Monday, March 11th. This represents a $2.72 annualized dividend and a yield of 2.35%. Autoliv’s dividend payout ratio is presently 47.30%.

Analysts Set New Price Targets

ALV has been the subject of a number of research analyst reports. JPMorgan Chase & Co. upped their price target on shares of Autoliv from $117.00 to $129.00 and gave the stock a “neutral” rating in a research note on Monday. Wolfe Research lowered shares of Autoliv from an “outperform” rating to a “peer perform” rating in a research note on Thursday, January 4th. Barclays increased their target price on shares of Autoliv from $107.00 to $120.00 and gave the company an “equal weight” rating in a research note on Thursday, April 11th. StockNews.com raised shares of Autoliv from a “hold” rating to a “buy” rating in a research note on Saturday, January 20th. Finally, Mizuho increased their target price on shares of Autoliv from $115.00 to $135.00 and gave the company a “buy” rating in a research note on Monday, March 25th. Seven analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $118.60.

Insider Buying and Selling at Autoliv

In other Autoliv news, VP Mikael Hagstrom sold 327 shares of the company’s stock in a transaction that occurred on Wednesday, February 21st. The shares were sold at an average price of $109.69, for a total value of $35,868.63. Following the transaction, the vice president now owns 327 shares in the company, valued at approximately $35,868.63. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. In other Autoliv news, CEO Mikael Bratt sold 4,226 shares of the business’s stock in a transaction that occurred on Wednesday, February 21st. The shares were sold at an average price of $109.72, for a total value of $463,676.72. Following the completion of the sale, the chief executive officer now directly owns 17,547 shares of the company’s stock, valued at $1,925,256.84. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP Mikael Hagstrom sold 327 shares of the business’s stock in a transaction that occurred on Wednesday, February 21st. The stock was sold at an average price of $109.69, for a total transaction of $35,868.63. Following the completion of the sale, the vice president now directly owns 327 shares of the company’s stock, valued at $35,868.63. The disclosure for this sale can be found here. In the last quarter, insiders have sold 8,388 shares of company stock worth $921,757. 0.20% of the stock is currently owned by company insiders.

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.