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

Beddow Capital Management Inc. cut its holdings in Autoliv, Inc. (NYSE:ALV) by 0.6% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 70,699 shares of the auto parts company’s stock after selling 416 shares during the quarter. Autoliv comprises approximately 3.3% of Beddow Capital Management Inc.’s portfolio, making the stock its 11th largest holding. Beddow Capital Management Inc. owned about 0.09% of Autoliv worth $7,564,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Swedbank AB increased its stake in shares of Autoliv by 20.5% during the second quarter. Swedbank AB now owns 2,362,040 shares of the auto parts company’s stock worth $252,715,000 after acquiring an additional 402,426 shares during the period. Dimensional Fund Advisors LP increased its stake in shares of Autoliv by 3.2% during the second quarter. Dimensional Fund Advisors LP now owns 1,316,874 shares of the auto parts company’s stock worth $140,892,000 after acquiring an additional 40,957 shares during the period. Mondrian Investment Partners LTD increased its stake in shares of Autoliv by 21.8% during the second quarter. Mondrian Investment Partners LTD now owns 1,160,076 shares of the auto parts company’s stock worth $117,330,000 after acquiring an additional 207,521 shares during the period. Public Sector Pension Investment Board increased its stake in shares of Autoliv by 41.0% during the fourth quarter. Public Sector Pension Investment Board now owns 958,304 shares of the auto parts company’s stock worth $105,596,000 after acquiring an additional 278,800 shares during the period. Finally, Norges Bank acquired a new position in shares of Autoliv during the fourth quarter worth about $91,065,000. 69.57% of the stock is currently owned by institutional investors and hedge funds.

Autoliv Trading Down 3.9 %

NYSE ALV opened at $92.79 on Friday. Autoliv, Inc. has a 12 month low of $89.37 and a 12 month high of $129.38. The company has a debt-to-equity ratio of 0.67, a current ratio of 0.98 and a quick ratio of 0.73. The company has a market capitalization of $7.55 billion, a price-to-earnings ratio of 14.48, a price-to-earnings-growth ratio of 0.65 and a beta of 1.60. The company’s fifty day moving average price is $98.98 and its two-hundred day moving average price is $111.38.

Autoliv (NYSE:ALV) last posted its quarterly earnings data on Friday, July 19th. The auto parts company reported $1.87 EPS for the quarter, missing analysts’ consensus estimates of $2.44 by ($0.57). Autoliv had a net margin of 5.91% and a return on equity of 30.05%. The company had revenue of $2.61 billion for the quarter, compared to the consensus estimate of $2.73 billion. During the same quarter last year, the company earned $1.93 earnings per share. The company’s revenue was down 1.1% compared to the same quarter last year. As a group, research analysts predict that Autoliv, Inc. will post 9.05 earnings per share for the current fiscal year.

Autoliv Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, September 23rd. Stockholders of record on Wednesday, September 4th will be given a $0.68 dividend. The ex-dividend date is Wednesday, September 4th. This represents a $2.72 dividend on an annualized basis and a dividend yield of 2.93%. Autoliv’s payout ratio is currently 42.43%.

Analyst Ratings Changes

ALV has been the topic of several recent analyst reports. UBS Group upgraded shares of Autoliv from a “neutral” rating to a “buy” rating and upped their target price for the stock from $102.00 to $141.00 in a research report on Tuesday, May 28th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $116.00 price target on shares of Autoliv in a research note on Tuesday, September 10th. Wolfe Research started coverage on shares of Autoliv in a research note on Thursday, September 5th. They set an “outperform” rating and a $120.00 price target on the stock. Wells Fargo & Company cut their price target on shares of Autoliv from $103.00 to $102.00 and set an “equal weight” rating on the stock in a research note on Friday. Finally, BNP Paribas initiated coverage on shares of Autoliv in a research report on Tuesday, June 18th. They issued a “neutral” rating for the company. Seven research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $124.71.

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.