Autoliv, Inc. (NYSE:ALV) Shares Acquired by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC boosted its holdings in Autoliv, Inc. (NYSE:ALV) by 5.0% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 9,046 shares of the auto parts company’s stock after purchasing an additional 434 shares during the period. Janney Montgomery Scott LLC’s holdings in Autoliv were worth $848,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of the business. FMR LLC boosted its stake in shares of Autoliv by 6.1% during the 3rd quarter. FMR LLC now owns 6,504,605 shares of the auto parts company’s stock valued at $607,335,000 after buying an additional 376,665 shares during the last quarter. Swedbank AB raised its holdings in 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 in the last quarter. Geode Capital Management LLC boosted its stake in Autoliv by 10.8% during the 3rd quarter. Geode Capital Management LLC now owns 987,375 shares of the auto parts company’s stock valued at $92,221,000 after acquiring an additional 95,888 shares during the last quarter. Wellington Management Group LLP grew its holdings in Autoliv by 21.2% during the 3rd quarter. Wellington Management Group LLP now owns 910,437 shares of the auto parts company’s stock worth $85,008,000 after acquiring an additional 159,067 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. grew its holdings in Autoliv by 0.8% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 487,629 shares of the auto parts company’s stock worth $45,530,000 after acquiring an additional 4,060 shares in the last quarter. Institutional investors and hedge funds own 69.57% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have recently commented on ALV. Barclays reduced their price target on shares of Autoliv from $115.00 to $110.00 and set an “equal weight” rating on the stock in a research report on Tuesday, October 15th. Hsbc Global Res downgraded Autoliv from a “strong-buy” rating to a “hold” rating in a report on Tuesday. HSBC lowered Autoliv from a “buy” rating to a “hold” rating and decreased their target price for the stock from $109.00 to $100.00 in a research report on Tuesday. Daiwa America raised Autoliv from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, January 7th. Finally, StockNews.com raised shares of Autoliv from a “hold” rating to a “buy” rating in a report on Thursday, January 23rd. Eight analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $117.23.

Autoliv Stock Down 0.7 %

Autoliv stock opened at $93.83 on Friday. The firm has a market capitalization of $7.29 billion, a P/E ratio of 11.63, a P/E/G ratio of 0.72 and a beta of 1.58. The company has a 50-day simple moving average of $96.20 and a 200-day simple moving average of $96.71. Autoliv, Inc. has a one year low of $89.51 and a one year high of $129.38. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.71 and a current ratio of 0.96.

Autoliv (NYSE:ALV) last announced its quarterly earnings results on Friday, January 31st. The auto parts company reported $3.05 EPS for the quarter, beating the consensus estimate of $2.84 by $0.21. Autoliv had a net margin of 6.21% and a return on equity of 28.62%. As a group, equities analysts expect that Autoliv, Inc. will post 10.05 earnings per share for the current year.

Autoliv Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, December 19th. Shareholders of record on Tuesday, December 3rd were paid a dividend of $0.70 per share. The ex-dividend date of this dividend was Tuesday, December 3rd. This represents a $2.80 annualized dividend and a yield of 2.98%. This is an increase from Autoliv’s previous quarterly dividend of $0.68. Autoliv’s payout ratio is presently 34.70%.

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.