Mutual of America Capital Management LLC Has $3.59 Million Stake in Autoliv, Inc. (NYSE:ALV)

Mutual of America Capital Management LLC decreased its position in Autoliv, Inc. (NYSE:ALV) by 3.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 38,273 shares of the auto parts company’s stock after selling 1,243 shares during the quarter. Mutual of America Capital Management LLC’s holdings in Autoliv were worth $3,590,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Geode Capital Management LLC raised its stake in shares of Autoliv by 10.8% in the 3rd quarter. Geode Capital Management LLC now owns 987,375 shares of the auto parts company’s stock valued at $92,221,000 after purchasing an additional 95,888 shares during the period. JPMorgan Chase & Co. raised its stake in shares of Autoliv by 38.3% in the 3rd 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 during the period. Quantbot Technologies LP raised its stake in shares of Autoliv by 1,437.4% in the 3rd quarter. Quantbot Technologies LP now owns 51,994 shares of the auto parts company’s stock valued at $4,855,000 after purchasing an additional 48,612 shares during the period. HITE Hedge Asset Management LLC raised its stake in shares of Autoliv by 32.9% in the 3rd quarter. HITE Hedge Asset Management LLC now owns 135,424 shares of the auto parts company’s stock valued at $12,645,000 after purchasing an additional 33,490 shares during the period. Finally, ABC Arbitrage SA acquired a new stake in shares of Autoliv in the 4th quarter valued at about $394,000. Institutional investors and hedge funds own 69.57% of the company’s stock.

Autoliv Trading Up 6.0 %

Autoliv stock opened at $98.08 on Thursday. Autoliv, Inc. has a 52 week low of $89.51 and a 52 week high of $129.38. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.71 and a current ratio of 0.96. The stock has a market capitalization of $7.62 billion, a P/E ratio of 12.15, a PEG ratio of 0.73 and a beta of 1.58. The stock has a 50-day simple moving average of $96.29 and a 200 day simple moving average of $96.55.

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

Autoliv Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 24th. Stockholders of record on Friday, March 7th will be issued a dividend of $0.70 per share. This represents a $2.80 dividend on an annualized basis and a dividend yield of 2.85%. The ex-dividend date is Friday, March 7th. Autoliv’s dividend payout ratio is presently 34.70%.

Analyst Ratings Changes

Several analysts have issued reports on the company. Wells Fargo & Company dropped their price target 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 raised Autoliv from a “neutral” rating to an “outperform” rating and set a $109.00 target price on the stock in a research report on Tuesday, January 7th. Mizuho lowered their target price on Autoliv from $115.00 to $112.00 and set an “outperform” rating on the stock in a research report on Monday, February 3rd. HSBC downgraded Autoliv from a “buy” rating to a “hold” rating and lowered their target price for the company from $109.00 to $100.00 in a research report on Tuesday, February 4th. Finally, Daiwa America raised Autoliv from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, January 7th. Nine equities research analysts have rated the stock with a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $117.23.

Insider Transactions at Autoliv

In other news, EVP Per Jonas Jademyr sold 401 shares of the business’s stock in a transaction that occurred on Tuesday, February 25th. The stock was sold at an average price of $98.85, for a total transaction of $39,638.85. Following the completion of the sale, the executive vice president now owns 685 shares in the company, valued at $67,712.25. The trade was a 36.92 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CEO Mikael Bratt sold 5,760 shares of the business’s stock in a transaction that occurred on Tuesday, February 25th. The shares were sold at an average price of $98.90, for a total value of $569,664.00. Following the completion of the sale, the chief executive officer now owns 23,307 shares of the company’s stock, valued at approximately $2,305,062.30. This trade represents a 19.82 % 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 quarter. Company insiders own 0.20% of the company’s stock.

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.