Autoliv, Inc. (NYSE:ALV) Shares Acquired by Beddow Capital Management Inc.

Beddow Capital Management Inc. boosted its holdings in shares of Autoliv, Inc. (NYSE:ALV) by 14.4% during the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 80,897 shares of the auto parts company’s stock after purchasing an additional 10,198 shares during the period. Autoliv makes up 3.1% of Beddow Capital Management Inc.’s investment portfolio, making the stock its 11th largest holding. Beddow Capital Management Inc. owned about 0.10% of Autoliv worth $7,553,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of ALV. Silvercrest Asset Management Group LLC boosted its holdings in shares of Autoliv by 96.3% in the first quarter. Silvercrest Asset Management Group LLC now owns 28,682 shares of the auto parts company’s stock valued at $3,454,000 after acquiring an additional 14,074 shares in the last quarter. Swedbank AB boosted its position in shares of Autoliv by 20.5% during the 2nd quarter. Swedbank AB now owns 2,362,040 shares of the auto parts company’s stock worth $252,715,000 after purchasing an additional 402,426 shares in the last quarter. BDF Gestion acquired a new position in shares of Autoliv during the 2nd quarter worth $1,284,000. Marshall Wace LLP increased its holdings in shares of Autoliv by 35.8% in the 2nd quarter. Marshall Wace LLP now owns 272,793 shares of the auto parts company’s stock valued at $29,186,000 after purchasing an additional 71,931 shares in the last quarter. Finally, Hennion & Walsh Asset Management Inc. acquired a new stake in shares of Autoliv in the second quarter valued at about $236,000. 69.57% of the stock is currently owned by institutional investors and hedge funds.

Autoliv Stock Up 0.2 %

Shares of ALV opened at $98.11 on Tuesday. Autoliv, Inc. has a fifty-two week low of $89.51 and a fifty-two week high of $129.38. The company’s fifty day moving average is $95.40 and its two-hundred day moving average is $104.44. The firm has a market cap of $7.73 billion, a PE ratio of 12.77, a price-to-earnings-growth ratio of 0.88 and a beta of 1.59. The company has a quick ratio of 0.71, a current ratio of 0.96 and a debt-to-equity ratio of 0.69.

Autoliv (NYSE:ALV) last posted its earnings results on Friday, October 18th. The auto parts company reported $1.84 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.00 by ($0.16). The business had revenue of $2.56 billion for the quarter, compared to analyst estimates of $2.52 billion. Autoliv had a return on equity of 30.85% and a net margin of 5.98%. The firm’s revenue for the quarter was down 1.6% compared to the same quarter last year. During the same period last year, the company posted $1.66 EPS. Analysts forecast that Autoliv, Inc. will post 8.19 earnings per share for the current year.

Autoliv Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 19th. Investors of record on Tuesday, December 3rd will be given a dividend of $0.70 per share. This represents a $2.80 dividend on an annualized basis and a yield of 2.85%. This is a boost from Autoliv’s previous quarterly dividend of $0.68. The ex-dividend date of this dividend is Tuesday, December 3rd. Autoliv’s dividend payout ratio is 35.42%.

Analyst Ratings Changes

Several equities research analysts have recently commented on ALV shares. Wolfe Research started coverage on Autoliv in a research note on Thursday, September 5th. They set an “outperform” rating and a $120.00 price target on the stock. Citigroup dropped their price target on Autoliv from $119.00 to $108.00 and set a “neutral” rating for the company in a research report on Monday, July 22nd. Evercore ISI decreased their price objective on shares of Autoliv from $150.00 to $140.00 and set an “outperform” rating on the stock in a research report on Monday, July 22nd. Barclays dropped their target price on shares of Autoliv from $115.00 to $110.00 and set an “equal weight” rating for the company in a report on Tuesday, October 15th. Finally, StockNews.com upgraded shares of Autoliv from a “hold” rating to a “buy” rating in a research report on Friday, November 8th. Six investment analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, Autoliv currently has a consensus rating of “Moderate Buy” and an average price target of $122.77.

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.