Trexquant Investment LP Has $8.86 Million Stock Position in Autoliv, Inc. (NYSE:ALV)

Trexquant Investment LP raised its holdings in Autoliv, Inc. (NYSE:ALV) by 2.7% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 94,464 shares of the auto parts company’s stock after buying an additional 2,441 shares during the quarter. Trexquant Investment LP owned 0.12% of Autoliv worth $8,860,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Geode Capital Management LLC lifted its position in shares of Autoliv by 10.8% during the 3rd 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 during the period. JPMorgan Chase & Co. raised its holdings in shares of Autoliv by 38.3% during the third quarter. JPMorgan Chase & Co. now owns 276,315 shares of the auto parts company’s stock valued at $25,800,000 after purchasing an additional 76,510 shares during the period. Lancaster Investment Management raised its holdings in shares of Autoliv by 17.7% during the fourth quarter. Lancaster Investment Management now owns 568,821 shares of the auto parts company’s stock valued at $53,350,000 after purchasing an additional 85,732 shares during the period. ABC Arbitrage SA bought a new position in shares of Autoliv during the 4th quarter worth about $394,000. Finally, Barclays PLC grew its stake in shares of Autoliv by 41.5% in the 3rd quarter. Barclays PLC now owns 30,216 shares of the auto parts company’s stock valued at $2,821,000 after buying an additional 8,859 shares during the period. 69.57% of the stock is currently owned by institutional investors.

Insider Activity at Autoliv

In other news, insider Magnus Jarlegren sold 1,289 shares of the company’s stock in a transaction 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 transaction, the insider now owns 6,142 shares of the company’s stock, valued at $607,013.86. This represents a 17.35 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Per Jonas Jademyr sold 401 shares of Autoliv stock in a transaction dated Tuesday, February 25th. The stock was 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. Over the last quarter, insiders have sold 9,253 shares of company stock worth $915,534. Insiders own 0.24% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on ALV. Wells Fargo & Company cut their price target on Autoliv from $101.00 to $97.00 and set an “equal weight” rating on the stock in a report on Monday, December 16th. Daiwa Capital Markets upgraded Autoliv from a “neutral” rating to an “outperform” rating and set a $109.00 target price on the stock in a report on Tuesday, January 7th. HSBC lowered shares of Autoliv from a “buy” rating to a “hold” rating and decreased their price target for the company from $109.00 to $100.00 in a research note on Tuesday, February 4th. Mizuho dropped their price objective on shares of Autoliv from $115.00 to $112.00 and set an “outperform” rating on the stock in a research note on Monday, February 3rd. Finally, Pareto Securities downgraded shares of Autoliv to a “hold” rating in a research report on Monday, February 3rd. Nine investment analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $117.14.

Autoliv Stock Up 0.9 %

Shares of NYSE:ALV opened at $90.30 on Thursday. Autoliv, Inc. has a 1 year low of $87.55 and a 1 year high of $129.38. The company has a market capitalization of $6.99 billion, a PE ratio of 11.19, a price-to-earnings-growth ratio of 0.73 and a beta of 1.59. The business has a fifty day moving average price of $94.92 and a two-hundred day moving average price of $95.49. The company has a debt-to-equity ratio of 0.67, a current ratio of 0.96 and a quick ratio of 0.71.

Autoliv (NYSE:ALV) last posted its quarterly earnings results on Friday, January 31st. The auto parts company reported $3.05 earnings per share for the quarter, beating the consensus estimate of $2.84 by $0.21. Autoliv had a net margin of 6.21% and a return on equity of 28.62%. Analysts forecast that Autoliv, Inc. will post 9.51 earnings per share for the current year.

Autoliv Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, March 24th. Investors of record on Friday, March 7th were issued a $0.70 dividend. The ex-dividend date was Friday, March 7th. This represents a $2.80 dividend on an annualized basis and a dividend yield of 3.10%. Autoliv’s dividend payout ratio (DPR) is presently 34.70%.

Autoliv Company 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.