Beddow Capital Management Inc. Has $7.55 Million Stake in Autoliv, Inc. (NYSE:ALV)

Beddow Capital Management Inc. raised its holdings in shares of Autoliv, Inc. (NYSE:ALV - Free Report) by 14.4% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 80,897 shares of the auto parts company's stock after acquiring an additional 10,198 shares during the quarter. Autoliv makes up 3.1% of Beddow Capital Management Inc.'s portfolio, making the stock its 11th largest holding. Beddow Capital Management Inc. owned 0.10% of Autoliv worth $7,553,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in ALV. Swedbank AB boosted its stake in Autoliv by 8.7% during the third quarter. Swedbank AB now owns 2,567,281 shares of the auto parts company's stock worth $239,707,000 after buying an additional 205,241 shares during the period. Dimensional Fund Advisors LP increased its position in shares of Autoliv by 3.2% in the 2nd quarter. Dimensional Fund Advisors LP now owns 1,316,874 shares of the auto parts company's stock valued at $140,892,000 after acquiring an additional 40,957 shares during the period. Mondrian Investment Partners LTD raised its position in Autoliv by 21.8% during the 2nd quarter. Mondrian Investment Partners LTD now owns 1,160,076 shares of the auto parts company's stock worth $117,330,000 after buying an additional 207,521 shares during the last quarter. Caxton Associates LP boosted its holdings in Autoliv by 121.9% in the first quarter. Caxton Associates LP now owns 686,622 shares of the auto parts company's stock valued at $82,690,000 after purchasing an additional 377,233 shares during the last quarter. Finally, AQR Capital Management LLC raised its position in shares of Autoliv by 130.2% in the second quarter. AQR Capital Management LLC now owns 498,575 shares of the auto parts company's stock worth $53,111,000 after acquiring an additional 281,956 shares during the period. 69.57% of the stock is currently owned by institutional investors.

Autoliv Stock Down 2.6 %

NYSE:ALV traded down $2.59 during trading hours on Tuesday, hitting $95.51. The stock had a trading volume of 493,800 shares, compared to its average volume of 703,369. The company has a current ratio of 0.96, a quick ratio of 0.71 and a debt-to-equity ratio of 0.69. Autoliv, Inc. has a 1-year low of $89.51 and a 1-year high of $129.38. The business has a 50 day simple moving average of $95.40 and a two-hundred day simple moving average of $104.44. The company has a market cap of $7.52 billion, a PE ratio of 12.77, a price-to-earnings-growth ratio of 0.88 and a beta of 1.59.

Autoliv (NYSE:ALV - Get Free Report) last released its quarterly earnings results on Friday, October 18th. The auto parts company reported $1.84 earnings per share for the quarter, missing analysts' consensus estimates of $2.00 by ($0.16). The company had revenue of $2.56 billion for the quarter, compared to analyst estimates of $2.52 billion. Autoliv had a return on equity of 30.85% and a net margin of 5.98%. The firm's quarterly revenue was down 1.6% compared to the same quarter last year. During the same period in the previous year, the business posted $1.66 EPS. Analysts predict that Autoliv, Inc. will post 8.19 EPS for the current year.

Autoliv Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 19th. Stockholders of record on Tuesday, December 3rd will be issued a $0.70 dividend. The ex-dividend date of this dividend is Tuesday, December 3rd. This is a boost from Autoliv's previous quarterly dividend of $0.68. This represents a $2.80 annualized dividend and a dividend yield of 2.93%. Autoliv's dividend payout ratio (DPR) is 35.42%.

Wall Street Analyst Weigh In

ALV has been the subject of a number of analyst reports. Wolfe Research began coverage on Autoliv in a research report on Thursday, September 5th. They issued an "outperform" rating and a $120.00 price target for the company. Robert W. Baird lifted their price objective on shares of Autoliv from $103.00 to $108.00 and gave the company a "neutral" rating in a report on Monday, October 21st. Wells Fargo & Company lowered their target price on Autoliv from $102.00 to $101.00 and set an "equal weight" rating for the company in a research note on Monday, October 21st. Bank of America lowered their price objective on Autoliv from $137.00 to $134.00 and set a "buy" rating for the company in a research report on Thursday, October 3rd. Finally, Evercore ISI reduced their target price on Autoliv from $150.00 to $140.00 and set an "outperform" rating for the company in a report on Monday, July 22nd. Six analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $122.77.

About Autoliv

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.