Autoliv, Inc. (NYSE:ALV) Stock Holdings Lessened by Beddow Capital Management Inc.

Beddow Capital Management Inc. reduced its holdings in Autoliv, Inc. (NYSE:ALV) by 0.6% during the second quarter, HoldingsChannel reports. The institutional investor owned 70,699 shares of the auto parts company’s stock after selling 416 shares during the period. Autoliv comprises approximately 3.3% of Beddow Capital Management Inc.’s portfolio, making the stock its 11th largest holding. Beddow Capital Management Inc.’s holdings in Autoliv were worth $7,564,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Silvercrest Asset Management Group LLC lifted its position in Autoliv by 96.3% in the 1st quarter. Silvercrest Asset Management Group LLC now owns 28,682 shares of the auto parts company’s stock valued at $3,454,000 after purchasing an additional 14,074 shares during the last quarter. Park West Asset Management LLC lifted its position in Autoliv by 37.8% in the 4th quarter. Park West Asset Management LLC now owns 427,060 shares of the auto parts company’s stock valued at $47,058,000 after purchasing an additional 117,060 shares during the last quarter. M&G Plc bought a new stake in Autoliv in the 1st quarter valued at about $1,431,000. Qsemble Capital Management LP bought a new stake in Autoliv in the 1st quarter valued at about $808,000. Finally, Swedbank AB lifted its position 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 purchasing an additional 402,426 shares during the last quarter. 69.57% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

ALV has been the topic of several research analyst reports. Barclays lowered their target price on shares of Autoliv from $125.00 to $115.00 and set an “equal weight” rating on the stock in a research note on Monday, July 22nd. Evercore ISI lowered their target price on shares of Autoliv from $150.00 to $140.00 and set an “outperform” rating on the stock in a research note on Monday, July 22nd. Hsbc Global Res raised shares of Autoliv to a “strong-buy” rating in a research note on Monday, July 15th. UBS Group raised shares of Autoliv from a “neutral” rating to a “buy” rating and lifted their price objective for the stock from $102.00 to $141.00 in a research note on Tuesday, May 28th. Finally, Citigroup dropped their target price on shares of Autoliv from $119.00 to $108.00 and set a “neutral” rating on the stock in a research report on Monday, July 22nd. Seven research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $124.71.

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 firm has a market cap of $7.55 billion, a price-to-earnings ratio of 14.48, a P/E/G ratio of 0.65 and a beta of 1.60. The company has a quick ratio of 0.73, a current ratio of 0.98 and a debt-to-equity ratio of 0.67. The company’s 50 day moving average is $98.98 and its 200-day moving average is $111.38.

Autoliv (NYSE:ALV) last released its quarterly earnings results 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 firm had revenue of $2.61 billion during the quarter, compared to the consensus estimate of $2.73 billion. During the same period in the prior year, the business earned $1.93 EPS. The company’s revenue for the quarter was down 1.1% compared to the same quarter last year. Equities analysts anticipate that Autoliv, Inc. will post 9.05 EPS for the current year.

Autoliv Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, September 23rd. Investors of record on Wednesday, September 4th will be given a dividend of $0.68 per share. This represents a $2.72 dividend on an annualized basis and a yield of 2.93%. The ex-dividend date is Wednesday, September 4th. Autoliv’s dividend payout ratio (DPR) is currently 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.