Autoliv, Inc. (NYSE:ALV) is Park West Asset Management LLC’s 3rd Largest Position

Park West Asset Management LLC increased its holdings in shares of Autoliv, Inc. (NYSE:ALV) by 56.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 625,000 shares of the auto parts company’s stock after buying an additional 225,000 shares during the quarter. Autoliv accounts for approximately 4.7% of Park West Asset Management LLC’s holdings, making the stock its 3rd biggest position. Park West Asset Management LLC’s holdings in Autoliv were worth $58,619,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of ALV. Northern Trust Corp raised its holdings in shares of Autoliv by 18.8% during the 4th quarter. Northern Trust Corp now owns 495,188 shares of the auto parts company’s stock valued at $46,444,000 after purchasing an additional 78,433 shares in the last quarter. Optiver Holding B.V. grew its stake in shares of Autoliv by 96.4% in the fourth quarter. Optiver Holding B.V. now owns 2,700 shares of the auto parts company’s stock worth $253,000 after acquiring an additional 1,325 shares during the last quarter. Moon Capital Management LP acquired a new stake in Autoliv in the 4th quarter worth $2,895,000. Susquehanna Fundamental Investments LLC bought a new position in Autoliv during the fourth quarter valued at about $9,024,000. Finally, Van Lanschot Kempen Investment Management N.V. raised its stake in shares of Autoliv by 15.8% in the fourth quarter. Van Lanschot Kempen Investment Management N.V. now owns 306,686 shares of the auto parts company’s stock valued at $28,764,000 after purchasing an additional 41,948 shares in the last quarter. Hedge funds and other institutional investors own 69.57% of the company’s stock.

Insider Activity at Autoliv

In related news, insider Magnus Jarlegren sold 1,289 shares of the firm’s stock in a transaction that occurred on Tuesday, February 25th. The stock was sold at an average price of $98.83, for a total transaction of $127,391.87. Following the completion of the sale, the insider now owns 6,142 shares of the company’s stock, valued at $607,013.86. This trade represents a 17.35 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Mikael Bratt sold 5,760 shares of the 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 transaction, the chief executive officer now owns 23,307 shares in the company, valued at $2,305,062.30. The trade was a 19.82 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 9,253 shares of company stock worth $915,534 over the last three months. Company insiders own 0.20% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on the stock. TD Cowen began coverage on shares of Autoliv in a research note on Friday, March 7th. They issued a “buy” rating and a $116.00 target price on the stock. Hsbc Global Res downgraded Autoliv from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, February 4th. Daiwa America upgraded shares of Autoliv from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, January 7th. Cowen initiated coverage on Autoliv in a report on Thursday, March 6th. They set a “buy” rating on the stock. Finally, StockNews.com raised shares of Autoliv from a “hold” rating to a “buy” rating in a research note on Thursday, April 17th. Seven research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $112.00.

Autoliv Trading Up 1.0 %

Shares of ALV stock opened at $92.05 on Tuesday. 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, Inc. has a fifty-two week low of $75.49 and a fifty-two week high of $129.38. The company has a market cap of $7.12 billion, a PE ratio of 11.41, a P/E/G ratio of 0.73 and a beta of 1.47. The stock’s fifty day moving average price is $89.84 and its two-hundred day moving average price is $94.15.

Autoliv (NYSE:ALV) last issued its earnings results on Wednesday, April 16th. The auto parts company reported $2.15 earnings per share for the quarter, beating analysts’ consensus estimates of $1.72 by $0.43. The firm had revenue of $2.58 billion for the quarter, compared to analyst estimates of $2.50 billion. Autoliv had a net margin of 6.21% and a return on equity of 28.62%. During the same quarter last year, the business posted $1.58 earnings per share. Equities analysts predict that Autoliv, Inc. will post 9.51 EPS for the current fiscal year.

Autoliv Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 24th. Shareholders of record on Friday, March 7th were given a $0.70 dividend. This represents a $2.80 annualized dividend and a yield of 3.04%. The ex-dividend date of this dividend was Friday, March 7th. Autoliv’s dividend payout ratio (DPR) is currently 32.22%.

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.