Principal Financial Group Inc. trimmed its position in shares of Autoliv, Inc. (NYSE:ALV) by 3.6% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 2,149,975 shares of the auto parts company’s stock after selling 80,695 shares during the quarter. Principal Financial Group Inc. owned about 2.47% of Autoliv worth $265,737,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in ALV. Toronto Dominion Bank lifted its position in shares of Autoliv by 11.7% during the second quarter. Toronto Dominion Bank now owns 1,085 shares of the auto parts company’s stock valued at $119,000 after buying an additional 114 shares during the last quarter. Victory Capital Management Inc. lifted its position in shares of Autoliv by 43.9% during the second quarter. Victory Capital Management Inc. now owns 1,356 shares of the auto parts company’s stock valued at $149,000 after buying an additional 414 shares during the last quarter. Teachers Advisors LLC lifted its position in shares of Autoliv by 288.3% during the second quarter. Teachers Advisors LLC now owns 1,425 shares of the auto parts company’s stock valued at $156,000 after buying an additional 1,058 shares during the last quarter. JPMorgan Chase & Co. lifted its position in shares of Autoliv by 9.8% during the second quarter. JPMorgan Chase & Co. now owns 1,920 shares of the auto parts company’s stock valued at $210,000 after buying an additional 171 shares during the last quarter. Finally, Pacer Advisors Inc. lifted its position in shares of Autoliv by 8.1% during the second quarter. Pacer Advisors Inc. now owns 1,944 shares of the auto parts company’s stock valued at $213,000 after buying an additional 145 shares during the last quarter. 32.72% of the stock is owned by institutional investors and hedge funds.

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Several analysts have commented on the stock. Buckingham Research raised shares of Autoliv from an “underperform” rating to a “neutral” rating and increased their price target for the company from $87.00 to $114.00 in a research report on Friday, September 15th. Wells Fargo & Company increased their price target on shares of Autoliv to $140.00 and gave the company an “outperform” rating in a research report on Friday, September 15th. They noted that the move was a valuation call. Mizuho increased their price target on shares of Autoliv from $130.00 to $140.00 and gave the company a “buy” rating in a research report on Friday, September 15th. Citigroup Inc. increased their price target on shares of Autoliv from $105.00 to $129.00 and gave the company a “neutral” rating in a research report on Friday, September 15th. Finally, ValuEngine raised shares of Autoliv from a “hold” rating to a “buy” rating in a research report on Friday, September 15th. Four investment analysts have rated the stock with a sell rating, eleven have issued a hold rating and nine have given a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average target price of $113.95.

Autoliv, Inc. (NYSE ALV) traded down $1.36 on Thursday, reaching $123.71. 2,953 shares of the company’s stock were exchanged, compared to its average volume of 517,379. Autoliv, Inc. has a 12 month low of $93.31 and a 12 month high of $127.75. The company has a quick ratio of 1.23, a current ratio of 1.55 and a debt-to-equity ratio of 0.31. The stock has a market cap of $10,909.14, a price-to-earnings ratio of 20.01, a PEG ratio of 2.45 and a beta of 1.10.

Autoliv (NYSE:ALV) last posted its quarterly earnings results on Thursday, October 26th. The auto parts company reported $1.47 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.33 by $0.14. Autoliv had a net margin of 4.96% and a return on equity of 13.42%. The company had revenue of $2.50 billion during the quarter, compared to analyst estimates of $2.50 billion. During the same period last year, the firm posted $1.63 EPS. Autoliv’s revenue for the quarter was up 1.6% compared to the same quarter last year. equities research analysts anticipate that Autoliv, Inc. will post 6.25 EPS for the current fiscal year.

The company 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 dividend of $0.60 per share. The ex-dividend date of this dividend is Tuesday, November 21st. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.94%. Autoliv’s payout ratio is 41.38%.

Autoliv Company Profile

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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