Inceptionr LLC Decreases Stock Position in Autoliv, Inc. (NYSE:ALV)

Inceptionr LLC reduced its position in Autoliv, Inc. (NYSE:ALV) by 7.0% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 14,421 shares of the auto parts company’s stock after selling 1,087 shares during the quarter. Inceptionr LLC’s holdings in Autoliv were worth $1,353,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also bought and sold shares of ALV. FMR LLC grew its position in shares of Autoliv by 6.1% in the third quarter. FMR LLC now owns 6,504,605 shares of the auto parts company’s stock valued at $607,335,000 after purchasing an additional 376,665 shares in the last quarter. Swedbank AB grew its position in shares of Autoliv by 8.7% in the third quarter. Swedbank AB now owns 2,567,281 shares of the auto parts company’s stock valued at $239,707,000 after purchasing an additional 205,241 shares in the last quarter. Massachusetts Financial Services Co. MA grew its position in shares of Autoliv by 83.9% in the third quarter. Massachusetts Financial Services Co. MA now owns 417,992 shares of the auto parts company’s stock valued at $39,028,000 after purchasing an additional 190,654 shares in the last quarter. Wellington Management Group LLP grew its position in shares of Autoliv by 21.2% in the third quarter. Wellington Management Group LLP now owns 910,437 shares of the auto parts company’s stock valued at $85,008,000 after purchasing an additional 159,067 shares in the last quarter. Finally, Jane Street Group LLC grew its position in shares of Autoliv by 94.2% in the third quarter. Jane Street Group LLC now owns 210,989 shares of the auto parts company’s stock valued at $19,700,000 after purchasing an additional 102,362 shares in the last quarter. 69.57% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, CEO Mikael Bratt sold 5,760 shares of the business’s stock in a transaction dated Tuesday, February 25th. The stock was 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. The trade was a 19.82 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Per Jonas Jademyr sold 401 shares of the business’s stock in a transaction dated Tuesday, February 25th. The shares were 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 directly owns 685 shares of the company’s stock, valued at approximately $67,712.25. This trade represents a 36.92 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 9,253 shares of company stock valued at $915,534. Insiders own 0.20% of the company’s stock.

Autoliv Trading Up 6.0 %

Shares of ALV stock opened at $98.08 on Thursday. The company has a quick ratio of 0.71, a current ratio of 0.96 and a debt-to-equity ratio of 0.67. The business has a 50-day moving average price of $96.29 and a two-hundred day moving average price of $96.55. Autoliv, Inc. has a 12-month low of $89.51 and a 12-month high of $129.38. The firm has a market cap of $7.62 billion, a P/E ratio of 12.15, a price-to-earnings-growth ratio of 0.73 and a beta of 1.58.

Autoliv (NYSE:ALV) last issued its quarterly earnings results on Friday, January 31st. The auto parts company reported $3.05 earnings per share (EPS) for the quarter, topping 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%. Equities analysts anticipate that Autoliv, Inc. will post 9.51 EPS for the current fiscal year.

Autoliv Announces Dividend

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

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the company. Daiwa America upgraded Autoliv from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, January 7th. Wells Fargo & Company reduced their price target on Autoliv from $101.00 to $97.00 and set an “equal weight” rating for the company in a research report on Monday, December 16th. StockNews.com upgraded Autoliv from a “hold” rating to a “buy” rating in a research report on Wednesday. Hsbc Global Res cut Autoliv from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, February 4th. Finally, Daiwa Capital Markets upgraded Autoliv from a “neutral” rating to an “outperform” rating and set a $109.00 target price for the company in a research report on Tuesday, January 7th. Nine equities research analysts have rated the stock with a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, Autoliv currently has an average rating of “Moderate Buy” and an average price target of $117.23.

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.