Mutual of America Capital Management LLC Has $4.44 Million Stock Position in Autoliv, Inc. (NYSE:ALV)

Mutual of America Capital Management LLC lowered its stake in shares of Autoliv, Inc. (NYSE:ALV) by 5.4% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 41,467 shares of the auto parts company’s stock after selling 2,357 shares during the quarter. Mutual of America Capital Management LLC owned approximately 0.05% of Autoliv worth $4,437,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. GAMMA Investing LLC grew its stake in shares of Autoliv by 62.7% during the second quarter. GAMMA Investing LLC now owns 262 shares of the auto parts company’s stock valued at $28,000 after purchasing an additional 101 shares during the last quarter. Register Financial Advisors LLC bought a new position in Autoliv in the 1st quarter valued at $36,000. Parallel Advisors LLC increased its stake in shares of Autoliv by 83.8% in the 4th quarter. Parallel Advisors LLC now owns 489 shares of the auto parts company’s stock valued at $54,000 after buying an additional 223 shares during the period. Rise Advisors LLC raised its position in shares of Autoliv by 104.9% during the first quarter. Rise Advisors LLC now owns 547 shares of the auto parts company’s stock worth $66,000 after acquiring an additional 280 shares during the last quarter. Finally, TFO Wealth Partners LLC lifted its stake in shares of Autoliv by 15,425.0% during the fourth quarter. TFO Wealth Partners LLC now owns 621 shares of the auto parts company’s stock valued at $68,000 after acquiring an additional 617 shares during the period. Institutional investors own 69.57% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts recently commented on ALV shares. Robert W. Baird lowered their price objective on Autoliv from $128.00 to $111.00 and set a “neutral” rating for the company in a research report on Monday, July 22nd. Evercore ISI dropped their price target 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. HSBC initiated coverage on shares of Autoliv in a research note on Monday, July 15th. They issued a “buy” rating and a $134.00 price objective on the stock. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $116.00 target price on shares of Autoliv in a report on Tuesday, September 10th. Finally, Citigroup cut their price target on Autoliv from $119.00 to $108.00 and set a “neutral” rating on the stock in a research note on Monday, July 22nd. Seven 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’s stock. According to data from MarketBeat.com, Autoliv presently has a consensus rating of “Moderate Buy” and an average target price of $124.71.

Autoliv Stock Performance

Shares of ALV opened at $92.85 on Friday. The firm has a market cap of $7.56 billion, a P/E ratio of 14.49, a PEG ratio of 0.65 and a beta of 1.60. 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. The firm’s 50 day moving average price is $98.98 and its two-hundred day moving average price is $111.34.

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

Autoliv Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, September 23rd. Stockholders of record on Wednesday, September 4th will be issued 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 dividend payout ratio (DPR) is presently 42.43%.

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.