Twin Tree Management LP Invests $50,000 in Autoliv, Inc. (NYSE:ALV)

Twin Tree Management LP acquired a new stake in Autoliv, Inc. (NYSE:ALV) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 530 shares of the auto parts company’s stock, valued at approximately $50,000.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. FMR LLC raised its holdings 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 acquiring an additional 376,665 shares in the last quarter. Swedbank AB raised its holdings 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 acquiring an additional 205,241 shares in the last quarter. Mondrian Investment Partners LTD raised its holdings in shares of Autoliv by 4.5% in the fourth quarter. Mondrian Investment Partners LTD now owns 1,378,636 shares of the auto parts company’s stock valued at $133,259,000 after acquiring an additional 59,592 shares in the last quarter. Geode Capital Management LLC raised its holdings in shares of Autoliv by 10.8% in the third quarter. Geode Capital Management LLC now owns 987,375 shares of the auto parts company’s stock valued at $92,221,000 after acquiring an additional 95,888 shares in the last quarter. Finally, Wellington Management Group LLP raised its holdings 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 acquiring an additional 159,067 shares in the last quarter. 69.57% of the stock is currently owned by institutional investors.

Insider Activity at Autoliv

In other Autoliv news, CEO Mikael Bratt sold 5,760 shares of the business’s stock in a transaction that occurred on Tuesday, February 25th. The stock was sold at an average price of $98.90, for a total value of $569,664.00. Following the completion of the transaction, the chief executive officer now directly 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 ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO Fredrik Westin sold 1,803 shares of the business’s stock in a transaction that occurred on Tuesday, February 25th. The shares were sold at an average price of $99.19, for a total value of $178,839.57. Following the completion of the transaction, the chief financial officer now directly owns 7,261 shares of the company’s stock, valued at $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 have sold a total of 9,253 shares of company stock worth $915,534 over the last quarter. Insiders own 0.20% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on ALV shares. Hsbc Global Res downgraded Autoliv from a “strong-buy” rating to a “hold” rating in a report on Tuesday, February 4th. Mizuho reduced their target price on shares of Autoliv from $115.00 to $112.00 and set an “outperform” rating for the company in a report on Monday, February 3rd. StockNews.com upgraded shares of Autoliv from a “hold” rating to a “buy” rating in a report on Friday, March 14th. Wells Fargo & Company reduced their target price on shares of Autoliv from $101.00 to $97.00 and set an “equal weight” rating for the company in a report on Monday, December 16th. Finally, HSBC downgraded shares of Autoliv from a “buy” rating to a “hold” rating and reduced their target price for the stock from $109.00 to $100.00 in a report on Tuesday, February 4th. Nine research analysts have rated the stock with a hold rating, ten have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $117.14.

Autoliv Price Performance

Shares of NYSE ALV opened at $91.38 on Thursday. The business’s 50 day moving average price is $96.11 and its 200 day moving average price is $95.92. The firm has a market cap of $7.10 billion, a P/E ratio of 11.32, a P/E/G ratio of 0.73 and a beta of 1.59. Autoliv, Inc. has a 52 week low of $87.55 and a 52 week high of $129.38. 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 (NYSE:ALV) last issued its earnings results on Friday, January 31st. The auto parts company reported $3.05 EPS for the quarter, beating 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%. On average, sell-side analysts expect that Autoliv, Inc. will post 9.51 earnings per share for the current year.

Autoliv Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 24th. Investors of record on Friday, March 7th will be given a $0.70 dividend. The ex-dividend date of this dividend is Friday, March 7th. This represents a $2.80 dividend on an annualized basis and a yield of 3.06%. Autoliv’s dividend payout ratio is currently 34.70%.

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.