Autoliv, Inc. (NYSE:ALV) is Tweedy Browne Co LLC’s 9th Largest Position

Tweedy Browne Co LLC trimmed its position in Autoliv, Inc. (NYSE:ALV) by 5.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 444,159 shares of the auto parts company’s stock after selling 27,125 shares during the period. Autoliv accounts for 2.8% of Tweedy Browne Co LLC’s portfolio, making the stock its 9th biggest position. Tweedy Browne Co LLC owned approximately 0.57% of Autoliv worth $41,658,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in ALV. UMB Bank n.a. grew its position in shares of Autoliv by 139.5% in the 4th quarter. UMB Bank n.a. now owns 273 shares of the auto parts company’s stock worth $26,000 after buying an additional 159 shares during the period. AlphaQuest LLC boosted its stake in Autoliv by 74.4% during the fourth quarter. AlphaQuest LLC now owns 314 shares of the auto parts company’s stock worth $29,000 after acquiring an additional 134 shares in the last quarter. Fred Alger Management LLC purchased a new stake in Autoliv in the third quarter worth about $45,000. Twin Tree Management LP bought a new position in shares of Autoliv during the fourth quarter valued at approximately $50,000. Finally, Physician Wealth Advisors Inc. purchased a new position in shares of Autoliv during the fourth quarter valued at approximately $57,000. Institutional investors own 69.57% of the company’s stock.

Autoliv Stock Down 0.9 %

ALV stock opened at $88.45 on Tuesday. The business’s 50-day moving average is $95.30 and its two-hundred day moving average is $95.57. The company has a market cap of $6.85 billion, a price-to-earnings ratio of 10.96, a P/E/G ratio of 0.73 and a beta of 1.59. Autoliv, Inc. has a fifty-two week low of $87.55 and a fifty-two 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.

Autoliv (NYSE:ALV) last posted 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 net margin of 6.21% and a return on equity of 28.62%. As a group, analysts forecast that Autoliv, Inc. will post 9.51 earnings per share for the current year.

Autoliv Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 24th. Stockholders of record on Friday, March 7th were given a dividend of $0.70 per share. This represents a $2.80 dividend on an annualized basis and a dividend yield of 3.17%. The ex-dividend date was Friday, March 7th. Autoliv’s payout ratio is 34.70%.

Analyst Ratings Changes

Several research firms recently weighed in on ALV. Daiwa Capital Markets upgraded Autoliv from a “neutral” rating to an “outperform” rating and set a $109.00 price target on the stock in a research note on Tuesday, January 7th. Mizuho lowered their price target on Autoliv from $115.00 to $112.00 and set an “outperform” rating for the company in a research report on Monday, February 3rd. TD Cowen began coverage on shares of Autoliv in a research report on Friday, March 7th. They set a “buy” rating and a $116.00 price objective on the stock. Wells Fargo & Company reduced their price objective on shares of Autoliv from $101.00 to $97.00 and set an “equal weight” rating for the company in a research note on Monday, December 16th. Finally, Cowen began coverage on shares of Autoliv in a research note on Thursday, March 6th. They issued a “buy” rating on the stock. Nine analysts have rated the stock with a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $117.14.

Insider Transactions at Autoliv

In other news, CFO Fredrik Westin sold 1,803 shares of the stock in a transaction 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 sale, the chief financial officer now directly owns 7,261 shares of the company’s stock, valued at $720,218.59. This represents a 19.89 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Mikael Bratt sold 5,760 shares of Autoliv stock in a transaction on Tuesday, February 25th. The shares were sold at an average price of $98.90, for a total transaction of $569,664.00. Following the transaction, the chief executive officer now owns 23,307 shares in the company, valued at approximately $2,305,062.30. This trade represents a 19.82 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 9,253 shares of company stock worth $915,534 in the last three months. Corporate insiders own 0.20% of the company’s stock.

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.