Van Lanschot Kempen Investment Management N.V. Raises Position in Autoliv, Inc. (NYSE:ALV)

Van Lanschot Kempen Investment Management N.V. lifted its position in shares of Autoliv, Inc. (NYSE:ALV) by 15.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 306,686 shares of the auto parts company’s stock after acquiring an additional 41,948 shares during the quarter. Van Lanschot Kempen Investment Management N.V. owned 0.39% of Autoliv worth $28,764,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. FMR LLC boosted its holdings in Autoliv by 9.9% in the 4th quarter. FMR LLC now owns 7,146,500 shares of the auto parts company’s stock valued at $670,270,000 after purchasing an additional 641,895 shares in the last quarter. FIL Ltd boosted its stake in shares of Autoliv by 17.3% in the fourth quarter. FIL Ltd now owns 2,382,265 shares of the auto parts company’s stock valued at $223,433,000 after buying an additional 351,876 shares in the last quarter. Dimensional Fund Advisors LP boosted its stake in shares of Autoliv by 9.0% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,623,600 shares of the auto parts company’s stock valued at $152,275,000 after buying an additional 134,347 shares in the last quarter. Mondrian Investment Partners LTD raised its position in 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 worth $133,259,000 after acquiring an additional 59,592 shares in the last quarter. Finally, Wellington Management Group LLP lifted its holdings in Autoliv by 12.5% in the fourth quarter. Wellington Management Group LLP now owns 1,023,937 shares of the auto parts company’s stock valued at $96,035,000 after acquiring an additional 113,500 shares during the period. 69.57% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Autoliv

In other news, CFO Fredrik Westin sold 1,803 shares of the company’s stock in a transaction dated Tuesday, February 25th. The shares were sold at an average price of $99.19, for a total transaction of $178,839.57. Following the completion of the transaction, the chief financial officer now owns 7,261 shares of the company’s stock, valued at $720,218.59. This represents a 19.89 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Magnus Jarlegren sold 1,289 shares of the stock in a transaction dated Tuesday, February 25th. The stock was sold at an average price of $98.83, for a total transaction of $127,391.87. Following the transaction, the insider now owns 6,142 shares in the company, valued at approximately $607,013.86. The trade was a 17.35 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 9,253 shares of company stock worth $915,534. 0.20% of the stock is currently owned by insiders.

Analyst Ratings Changes

ALV has been the topic of a number of recent analyst reports. Daiwa Capital Markets raised shares of 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. TD Cowen started coverage on shares of Autoliv in a research report on Friday, March 7th. They set a “buy” rating and a $116.00 target price on the stock. Barclays raised shares of Autoliv from an “equal weight” rating to an “overweight” rating and dropped their target price for the company from $110.00 to $97.00 in a report on Tuesday, April 15th. Robert W. Baird decreased their price target on Autoliv from $105.00 to $90.00 and set a “neutral” rating on the stock in a research note on Tuesday, April 15th. Finally, Mizuho reduced their price objective on Autoliv from $112.00 to $95.00 and set an “outperform” rating for the company in a report on Thursday, April 10th. Eight equities research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, Autoliv has an average rating of “Moderate Buy” and an average target price of $112.64.

Autoliv Price Performance

NYSE:ALV opened at $86.40 on Monday. Autoliv, Inc. has a 12-month low of $75.49 and a 12-month high of $129.38. The firm has a market cap of $6.69 billion, a price-to-earnings ratio of 10.71, a price-to-earnings-growth ratio of 0.73 and a beta of 1.47. The company’s 50-day moving average is $90.74 and its two-hundred day moving average is $94.34. The company has a current ratio of 0.96, a quick ratio of 0.71 and a debt-to-equity ratio of 0.67.

Autoliv (NYSE:ALV) last announced its quarterly earnings data on Wednesday, April 16th. The auto parts company reported $2.15 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.72 by $0.43. The business had revenue of $2.58 billion for the quarter, compared to the consensus estimate of $2.50 billion. Autoliv had a net margin of 6.21% and a return on equity of 28.62%. During the same quarter in the prior year, the firm posted $1.58 earnings per share. Research analysts expect that Autoliv, Inc. will post 9.51 EPS 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 $0.70 dividend. This represents a $2.80 dividend on an annualized basis and a dividend yield of 3.24%. The ex-dividend date of this dividend was Friday, March 7th. Autoliv’s dividend payout ratio 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.