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

Beddow Capital Management Inc. grew its position in Autoliv, Inc. (NYSE:ALV) by 12.5% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 90,980 shares of the auto parts company’s stock after acquiring an additional 10,083 shares during the quarter. Autoliv comprises approximately 3.5% of Beddow Capital Management Inc.’s portfolio, making the stock its 8th biggest position. Beddow Capital Management Inc. owned approximately 0.12% of Autoliv worth $8,533,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of ALV. Swedbank AB boosted its holdings in shares of Autoliv by 8.7% in the third quarter. Swedbank AB now owns 2,567,281 shares of the auto parts company’s stock valued at $239,707,000 after acquiring an additional 205,241 shares during the period. Connor Clark & Lunn Investment Management Ltd. boosted its holdings in shares of Autoliv by 145.7% in the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 13,228 shares of the auto parts company’s stock valued at $1,235,000 after acquiring an additional 7,844 shares during the period. Advisors Asset Management Inc. boosted its holdings in shares of Autoliv by 105.2% in the third quarter. Advisors Asset Management Inc. now owns 3,637 shares of the auto parts company’s stock valued at $340,000 after acquiring an additional 1,865 shares during the period. Massachusetts Financial Services Co. MA boosted its holdings in shares of Autoliv by 83.9% in the third quarter. Massachusetts Financial Services Co. MA now owns 417,992 shares of the auto parts company’s stock valued at $39,028,000 after acquiring an additional 190,654 shares during the period. Finally, Charles Schwab Investment Management Inc. boosted its holdings in shares of Autoliv by 0.8% in the third quarter. Charles Schwab Investment Management Inc. now owns 487,629 shares of the auto parts company’s stock valued at $45,530,000 after acquiring an additional 4,060 shares during the period. 69.57% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

ALV has been the subject of several research analyst reports. Wells Fargo & Company decreased their price objective on Autoliv from $101.00 to $97.00 and set an “equal weight” rating for the company in a report on Monday, December 16th. Daiwa Capital Markets raised Autoliv from a “neutral” rating to an “outperform” rating and set a $109.00 price target for the company in a report on Tuesday, January 7th. Daiwa America raised Autoliv from a “hold” rating to a “strong-buy” rating in a report on Tuesday, January 7th. Cowen initiated coverage on Autoliv in a report on Thursday, March 6th. They set a “buy” rating for the company. Finally, HSBC downgraded Autoliv from a “buy” rating to a “hold” rating and decreased their price target for the stock from $109.00 to $100.00 in a report on Tuesday, February 4th. Nine research analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $117.14.

Insiders Place Their Bets

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

Autoliv Stock Down 1.6 %

ALV opened at $89.39 on Friday. The company has a quick ratio of 0.71, a current ratio of 0.96 and a debt-to-equity ratio of 0.67. The firm has a market cap of $6.95 billion, a P/E ratio of 11.08, a PEG ratio of 0.73 and a beta of 1.59. Autoliv, Inc. has a 52 week low of $87.55 and a 52 week high of $129.38. The business’s fifty day simple moving average is $95.97 and its 200 day simple moving average is $95.80.

Autoliv (NYSE:ALV) last posted its quarterly earnings data on Friday, January 31st. The auto parts company reported $3.05 EPS for the quarter, beating analysts’ consensus estimates of $2.84 by $0.21. Autoliv had a return on equity of 28.62% and a net margin of 6.21%. As a group, equities research analysts anticipate that Autoliv, Inc. will post 9.51 EPS for the current fiscal year.

Autoliv Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 24th. Shareholders of record on Friday, March 7th will be paid a $0.70 dividend. This represents a $2.80 dividend on an annualized basis and a yield of 3.13%. The ex-dividend date of this dividend is Friday, March 7th. Autoliv’s payout ratio is 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.