Linden Thomas Advisory Services LLC Sells 560 Shares of Autoliv, Inc. (NYSE:ALV)

Linden Thomas Advisory Services LLC lowered its stake in Autoliv, Inc. (NYSE:ALV) by 6.7% in the fourth quarter, Holdings Channel reports. The fund owned 7,784 shares of the auto parts company’s stock after selling 560 shares during the quarter. Linden Thomas Advisory Services LLC’s holdings in Autoliv were worth $730,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. UMB Bank n.a. lifted its holdings in shares of Autoliv by 139.5% in the fourth quarter. UMB Bank n.a. now owns 273 shares of the auto parts company’s stock worth $26,000 after acquiring an additional 159 shares during the last quarter. Quarry LP raised its holdings in Autoliv by 133.5% in the 2nd quarter. Quarry LP now owns 362 shares of the auto parts company’s stock valued at $39,000 after buying an additional 207 shares during the last quarter. Fred Alger Management LLC bought a new position in Autoliv in the 3rd quarter valued at approximately $45,000. Farther Finance Advisors LLC raised its holdings in Autoliv by 2,115.5% in the 3rd quarter. Farther Finance Advisors LLC now owns 2,282 shares of the auto parts company’s stock valued at $213,000 after buying an additional 2,179 shares during the last quarter. Finally, Foundations Investment Advisors LLC bought a new position in Autoliv in the 3rd quarter valued at approximately $222,000. Institutional investors own 69.57% of the company’s stock.

Autoliv Stock Performance

Shares of ALV stock opened at $102.64 on Monday. The firm has a 50 day moving average of $96.36 and a 200-day moving average of $97.20. Autoliv, Inc. has a 52 week low of $89.51 and a 52 week high of $129.38. The company has a quick ratio of 0.71, a current ratio of 0.96 and a debt-to-equity ratio of 0.69. The company has a market cap of $7.98 billion, a price-to-earnings ratio of 13.36, a price-to-earnings-growth ratio of 0.73 and a beta of 1.59.

Autoliv Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, December 19th. Investors of record on Tuesday, December 3rd were given a $0.70 dividend. The ex-dividend date of this dividend was Tuesday, December 3rd. This represents a $2.80 annualized dividend and a yield of 2.73%. This is an increase from Autoliv’s previous quarterly dividend of $0.68. Autoliv’s dividend payout ratio (DPR) is presently 36.46%.

Analysts Set New Price Targets

ALV has been the subject of a number of research reports. StockNews.com upgraded shares of Autoliv from a “hold” rating to a “buy” rating in a report on Thursday. Daiwa America upgraded shares of Autoliv from a “hold” rating to a “strong-buy” rating in a report on Tuesday, January 7th. Daiwa Capital Markets raised shares of Autoliv from a “neutral” rating to an “outperform” rating and set a $109.00 target price for the company in a research report on Tuesday, January 7th. Wells Fargo & Company decreased their target price on shares of Autoliv from $101.00 to $97.00 and set an “equal weight” rating for the company in a research report on Monday, December 16th. Finally, Barclays decreased their target price on shares of Autoliv from $115.00 to $110.00 and set an “equal weight” rating for the company in a research report on Tuesday, October 15th. Six research analysts have rated the stock with a hold rating, nine have assigned a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $121.62.

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.