Beddow Capital Management Inc. Acquires 10,083 Shares of Autoliv, Inc. (NYSE:ALV)

Beddow Capital Management Inc. raised its stake in shares of Autoliv, Inc. (NYSE:ALV - Free Report) by 12.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 90,980 shares of the auto parts company's stock after acquiring an additional 10,083 shares during the quarter. Autoliv makes up about 3.5% of Beddow Capital Management Inc.'s portfolio, making the stock its 8th biggest position. Beddow Capital Management Inc. owned approximately 0.12% of Autoliv worth $8,533,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Swedbank AB boosted its position in Autoliv by 8.7% during the third quarter. Swedbank AB now owns 2,567,281 shares of the auto parts company's stock valued at $239,707,000 after purchasing an additional 205,241 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. lifted its position in shares of Autoliv by 145.7% during the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 13,228 shares of the auto parts company's stock valued at $1,235,000 after buying an additional 7,844 shares during the last quarter. Advisors Asset Management Inc. boosted its holdings in shares of Autoliv by 105.2% in the 3rd quarter. Advisors Asset Management Inc. now owns 3,637 shares of the auto parts company's stock valued at $340,000 after buying an additional 1,865 shares in the last quarter. Massachusetts Financial Services Co. MA grew its position in shares of Autoliv by 83.9% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 417,992 shares of the auto parts company's stock worth $39,028,000 after buying an additional 190,654 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. raised its stake in shares of 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. 69.57% of the stock is currently owned by hedge funds and other institutional investors.

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Insiders Place Their Bets

In other Autoliv news, CEO Mikael Bratt sold 5,760 shares of the business's stock in a transaction that occurred on Tuesday, February 25th. The stock was sold at an average price of $98.90, for a total value of $569,664.00. Following the sale, the chief executive officer now owns 23,307 shares of the company's stock, valued at $2,305,062.30. The trade was a 19.82 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Magnus Jarlegren sold 1,289 shares of the company's stock in a transaction on Tuesday, February 25th. The stock was sold at an average price of $98.83, for a total value of $127,391.87. Following the transaction, the insider now owns 6,142 shares in the company, valued at $607,013.86. This trade represents a 17.35 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 9,253 shares of company stock valued at $915,534 over the last 90 days. 0.20% of the stock is owned by company insiders.

Autoliv Trading Up 1.3 %

Shares of NYSE ALV traded up $1.19 during midday trading on Wednesday, reaching $94.93. 955,336 shares of the stock were exchanged, compared to its average volume of 754,346. The stock has a market capitalization of $7.38 billion, a P/E ratio of 11.76, a PEG ratio of 0.73 and a beta of 1.59. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.71 and a current ratio of 0.96. The company has a 50 day simple moving average of $95.84 and a 200 day simple moving average of $95.68. Autoliv, Inc. has a twelve month low of $87.55 and a twelve month high of $129.38.

Autoliv (NYSE:ALV - Get Free Report) last posted its earnings results on Friday, January 31st. The auto parts company reported $3.05 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.84 by $0.21. Autoliv had a return on equity of 28.62% and a net margin of 6.21%. As a group, equities analysts expect that Autoliv, Inc. will post 9.51 earnings per share for the current year.

Autoliv Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 24th. Shareholders of record on Friday, March 7th were given a $0.70 dividend. The ex-dividend date was Friday, March 7th. This represents a $2.80 dividend on an annualized basis and a yield of 2.95%. Autoliv's payout ratio is currently 34.70%.

Analyst Ratings Changes

ALV has been the subject of several recent analyst reports. Pareto Securities downgraded shares of Autoliv to a "hold" rating in a research note on Monday, February 3rd. Wells Fargo & Company lowered their price objective on Autoliv from $101.00 to $97.00 and set an "equal weight" rating for the company in a research report on Monday, December 16th. TD Cowen initiated coverage on Autoliv in a research report on Friday, March 7th. They set a "buy" rating and a $116.00 target price on the stock. Hsbc Global Res downgraded shares of Autoliv from a "strong-buy" rating to a "hold" rating in a report on Tuesday, February 4th. Finally, Cowen began coverage on shares of Autoliv in a research report on Thursday, March 6th. They set a "buy" rating on the stock. Nine analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, Autoliv presently has a consensus rating of "Moderate Buy" and an average price target of $117.14.

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.