LSV Asset Management decreased its position in shares of Autoliv, Inc. (NYSE:ALV) by 3.3% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 100,477 shares of the auto parts company’s stock after selling 3,400 shares during the period. LSV Asset Management owned about 0.12% of Autoliv worth $11,032,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in ALV. Toronto Dominion Bank increased its stake in Autoliv by 26.9% during the 1st quarter. Toronto Dominion Bank now owns 971 shares of the auto parts company’s stock worth $100,000 after buying an additional 206 shares during the period. Victory Capital Management Inc. grew its holdings in Autoliv by 43.9% during the 2nd quarter. Victory Capital Management Inc. now owns 1,356 shares of the auto parts company’s stock worth $149,000 after acquiring an additional 414 shares in the last quarter. Pacer Advisors Inc. grew its holdings in Autoliv by 3.2% during the 1st quarter. Pacer Advisors Inc. now owns 1,799 shares of the auto parts company’s stock worth $184,000 after acquiring an additional 55 shares in the last quarter. IHT Wealth Management LLC grew its holdings in Autoliv by 34.8% during the 1st quarter. IHT Wealth Management LLC now owns 1,937 shares of the auto parts company’s stock worth $188,000 after acquiring an additional 500 shares in the last quarter. Finally, Global X Management Co. LLC grew its holdings in Autoliv by 31.6% during the 1st quarter. Global X Management Co. LLC now owns 2,030 shares of the auto parts company’s stock worth $208,000 after acquiring an additional 488 shares in the last quarter. 34.76% of the stock is currently owned by hedge funds and other institutional investors.

Autoliv, Inc. (NYSE ALV) opened at 127.18 on Friday. Autoliv, Inc. has a 12-month low of $93.31 and a 12-month high of $127.72. The stock has a 50 day moving average of $108.74 and a 200 day moving average of $106.71. The firm has a market capitalization of $11.05 billion, a price-to-earnings ratio of 20.09 and a beta of 1.12.

Autoliv (NYSE:ALV) last announced its quarterly earnings data on Friday, July 21st. The auto parts company reported $1.44 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.48 by ($0.04). Autoliv had a net margin of 5.44% and a return on equity of 13.96%. The business had revenue of $2.55 billion during the quarter, compared to analyst estimates of $2.57 billion. During the same quarter in the prior year, the company posted $1.75 EPS. The company’s quarterly revenue was down 1.3% compared to the same quarter last year. Equities research analysts anticipate that Autoliv, Inc. will post $6.22 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 7th. Stockholders of record on Wednesday, November 22nd will be paid a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.89%. The ex-dividend date is Tuesday, November 21st. Autoliv’s dividend payout ratio is 37.97%.

In other news, VP Thomas Jonsson sold 1,240 shares of the stock in a transaction on Wednesday, July 26th. The shares were sold at an average price of $108.55, for a total value of $134,602.00. Following the completion of the transaction, the vice president now owns 2,311 shares in the company, valued at approximately $250,859.05. The sale was disclosed in a filing with the SEC, which is available at this link. Corporate insiders own 0.25% of the company’s stock.

ALV has been the subject of several recent analyst reports. Zacks Investment Research raised shares of Autoliv from a “strong sell” rating to a “hold” rating in a report on Tuesday, May 23rd. Morgan Stanley raised shares of Autoliv from an “equal weight” rating to an “overweight” rating and set a $120.00 price objective for the company in a report on Wednesday, May 24th. Jefferies Group LLC reissued a “buy” rating and set a $119.00 price objective on shares of Autoliv in a report on Friday, June 16th. Guggenheim initiated coverage on shares of Autoliv in a report on Wednesday, June 21st. They set a “neutral” rating and a $102.00 price objective for the company. Finally, BidaskClub lowered shares of Autoliv from a “strong-buy” rating to a “buy” rating in a report on Wednesday, June 21st. Three equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and eight have given a buy rating to the company. The stock has an average rating of “Hold” and an average price target of $106.25.

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About Autoliv

Autoliv, Inc is a supplier of automotive safety systems with a range of product offerings, including passive safety systems and active safety systems. The Company operates through two segments: Passive Safety and Electronics. The Passive safety products include modules and components for passenger and driver-side airbags, side-impact airbag protection systems, seatbelts, steering wheels, inflator technologies, whiplash protection systems and child seats, and components for such systems, as well as passive safety electronic products, such as restraint electronics and crash sensors.

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Institutional Ownership by Quarter for Autoliv (NYSE:ALV)

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