Autoliv, Inc. (NYSE:ALV) Shares Bought by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP raised its holdings in Autoliv, Inc. (NYSE:ALV) by 3.2% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,316,874 shares of the auto parts company’s stock after acquiring an additional 40,957 shares during the quarter. Dimensional Fund Advisors LP owned 1.62% of Autoliv worth $140,892,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Swedbank AB lifted its holdings in Autoliv by 20.5% in the 2nd quarter. Swedbank AB now owns 2,362,040 shares of the auto parts company’s stock valued at $252,715,000 after acquiring an additional 402,426 shares during the last quarter. Public Sector Pension Investment Board lifted its holdings in Autoliv by 41.0% in the 4th quarter. Public Sector Pension Investment Board now owns 958,304 shares of the auto parts company’s stock valued at $105,596,000 after acquiring an additional 278,800 shares during the last quarter. Mondrian Investment Partners LTD lifted its holdings in Autoliv by 20.5% in the 1st quarter. Mondrian Investment Partners LTD now owns 952,555 shares of the auto parts company’s stock valued at $114,716,000 after acquiring an additional 162,319 shares during the last quarter. Norges Bank acquired a new stake in Autoliv in the 4th quarter valued at about $91,065,000. Finally, Balyasny Asset Management L.P. lifted its holdings in Autoliv by 169.8% in the 4th quarter. Balyasny Asset Management L.P. now owns 759,239 shares of the auto parts company’s stock valued at $83,661,000 after acquiring an additional 477,800 shares during the last quarter. 69.57% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

ALV has been the subject of a number of analyst reports. Bank of America reduced their price objective on shares of Autoliv from $145.00 to $133.00 and set a “buy” rating for the company in a research note on Monday, July 22nd. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $116.00 price objective on shares of Autoliv in a research note on Tuesday, September 10th. Evercore ISI reduced their price objective on shares of Autoliv from $150.00 to $140.00 and set an “outperform” rating for the company in a research note on Monday, July 22nd. Citigroup reduced their price objective on shares of Autoliv from $119.00 to $108.00 and set a “neutral” rating for the company in a research note on Monday, July 22nd. Finally, StockNews.com lowered shares of Autoliv from a “strong-buy” rating to a “buy” rating in a research note on Thursday, June 13th. Seven investment 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 stock. According to MarketBeat.com, Autoliv currently has an average rating of “Moderate Buy” and an average price target of $124.71.

Autoliv Price Performance

Shares of ALV opened at $92.85 on Friday. The firm has a market cap of $7.56 billion, a PE ratio of 14.49, a PEG ratio of 0.65 and a beta of 1.60. The firm’s 50 day moving average price is $98.98 and its 200 day moving average price is $111.34. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.73 and a current ratio of 0.98. Autoliv, Inc. has a twelve month low of $89.37 and a twelve month high of $129.38.

Autoliv (NYSE:ALV) last announced its quarterly earnings results on Friday, July 19th. The auto parts company reported $1.87 EPS for the quarter, missing the consensus estimate 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 analyst estimates of $2.73 billion. During the same quarter last year, the business earned $1.93 EPS. The company’s revenue for the quarter was down 1.1% on a year-over-year basis. As a group, research analysts expect that Autoliv, Inc. will post 9.05 EPS for the current fiscal year.

Autoliv Dividend Announcement

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

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.