Autoliv, Inc. $ALV Holdings Boosted by Livforsakringsbolaget Skandia Omsesidigt

Livforsakringsbolaget Skandia Omsesidigt boosted its position in shares of Autoliv, Inc. (NYSE:ALV) by 49.4% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 60,750 shares of the auto parts company’s stock after purchasing an additional 20,100 shares during the period. Livforsakringsbolaget Skandia Omsesidigt owned 0.08% of Autoliv worth $7,210,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. grew its position in Autoliv by 11.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 180,208 shares of the auto parts company’s stock worth $22,256,000 after purchasing an additional 18,673 shares in the last quarter. Caisse Des Depots ET Consignations purchased a new position in Autoliv during the 3rd quarter worth approximately $1,302,000. Elo Mutual Pension Insurance Co purchased a new position in Autoliv during the 3rd quarter worth approximately $2,198,000. ABN AMRO Bank N.V. boosted its stake in shares of Autoliv by 10.7% during the 3rd quarter. ABN AMRO Bank N.V. now owns 284,217 shares of the auto parts company’s stock valued at $34,974,000 after buying an additional 27,502 shares during the period. Finally, Jupiter Asset Management Ltd. acquired a new stake in shares of Autoliv during the 3rd quarter valued at $4,294,000. 69.57% of the stock is currently owned by hedge funds and other institutional investors.

Autoliv Trading Up 0.2%

Autoliv stock opened at $130.67 on Friday. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.08 and a quick ratio of 0.82. The company has a market capitalization of $9.78 billion, a price-to-earnings ratio of 14.05, a PEG ratio of 0.87 and a beta of 1.33. Autoliv, Inc. has a one year low of $99.16 and a one year high of $132.17. The company’s fifty day moving average price is $116.27 and its two-hundred day moving average price is $118.15.

Autoliv (NYSE:ALV) last released its earnings results on Saturday, April 18th. The auto parts company reported $2.05 earnings per share for the quarter, topping analysts’ consensus estimates of $1.84 by $0.21. The firm had revenue of $2.75 billion during the quarter, compared to analyst estimates of $2.61 billion. Autoliv had a net margin of 6.45% and a return on equity of 29.03%. The business’s revenue was up 6.8% on a year-over-year basis. During the same quarter in the previous year, the business earned $2.15 EPS. On average, analysts forecast that Autoliv, Inc. will post 10.53 earnings per share for the current fiscal year.

Autoliv Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, June 8th. Shareholders of record on Wednesday, May 20th will be given a dividend of $0.87 per share. The ex-dividend date of this dividend is Wednesday, May 20th. This represents a $3.48 dividend on an annualized basis and a yield of 2.7%. Autoliv’s payout ratio is currently 37.42%.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on the stock. Bank of America assumed coverage on shares of Autoliv in a research note on Thursday, April 16th. They set a “buy” rating and a $140.00 target price for the company. Wells Fargo & Company set a $116.00 target price on shares of Autoliv in a research note on Monday, April 20th. Wall Street Zen lowered shares of Autoliv from a “buy” rating to a “hold” rating in a research note on Sunday, May 17th. Robert W. Baird increased their price target on shares of Autoliv from $119.00 to $130.00 and gave the stock a “neutral” rating in a research note on Monday, April 20th. Finally, Royal Bank Of Canada lifted their price objective on shares of Autoliv from $137.00 to $138.00 and gave the company an “outperform” rating in a research note on Monday, April 20th. Eight research analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat, Autoliv presently has a consensus rating of “Moderate Buy” and an average target price of $135.00.

About Autoliv

Autoliv Inc (NYSE: ALV) is a leading global supplier of automotive safety systems, specializing in the design, development and manufacture of passive and active safety products. Its core product portfolio includes airbags, seatbelts, steering wheels, restraint control modules and pedestrian protection systems. In recent years, the company has also expanded into active safety technologies, offering radar, camera and sensor solutions that support advanced driver assistance systems (ADAS) and autonomous driving applications.

Founded in 1997 following the spin-off of Electrolux’s automotive safety business, Autoliv has evolved into a multinational organization with a presence in over 27 countries.