Autoliv, Inc. (NYSE:ALV) Stock Holdings Increased by Wellington Management Group LLP

Wellington Management Group LLP increased its stake in shares of Autoliv, Inc. (NYSE:ALV - Free Report) by 21.2% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 910,437 shares of the auto parts company's stock after buying an additional 159,067 shares during the quarter. Wellington Management Group LLP owned about 1.16% of Autoliv worth $85,008,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in ALV. Cetera Advisors LLC grew its holdings in Autoliv by 44.2% in the 1st quarter. Cetera Advisors LLC now owns 4,199 shares of the auto parts company's stock worth $506,000 after buying an additional 1,287 shares in the last quarter. SG Americas Securities LLC grew its stake in shares of Autoliv by 13.5% in the second quarter. SG Americas Securities LLC now owns 3,446 shares of the auto parts company's stock worth $369,000 after purchasing an additional 409 shares in the last quarter. M&G Plc increased its holdings in shares of Autoliv by 4.9% during the second quarter. M&G Plc now owns 12,501 shares of the auto parts company's stock valued at $1,338,000 after purchasing an additional 579 shares during the period. AdvisorNet Financial Inc raised its stake in shares of Autoliv by 6.0% during the second quarter. AdvisorNet Financial Inc now owns 9,649 shares of the auto parts company's stock valued at $1,032,000 after purchasing an additional 544 shares in the last quarter. Finally, Swedbank AB lifted its holdings in Autoliv by 20.5% in the second quarter. Swedbank AB now owns 2,362,040 shares of the auto parts company's stock worth $252,715,000 after purchasing an additional 402,426 shares during the period. 69.57% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of analysts have commented on ALV shares. Robert W. Baird boosted their price target on shares of Autoliv from $103.00 to $108.00 and gave the stock a "neutral" rating in a research report on Monday, October 21st. Deutsche Bank Aktiengesellschaft reissued a "buy" rating and set a $116.00 target price on shares of Autoliv in a report on Tuesday, September 10th. Wells Fargo & Company decreased their price target 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. StockNews.com raised Autoliv from a "hold" rating to a "buy" rating in a research note on Thursday, December 5th. Finally, Bank of America decreased their target price on Autoliv from $137.00 to $134.00 and set a "buy" rating for the company in a research note on Thursday, October 3rd. Six analysts have rated the stock with a hold rating, nine have given a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $122.77.

Autoliv Trading Up 0.3 %

ALV stock traded up $0.25 during mid-day trading on Wednesday, reaching $99.46. 805,486 shares of the stock traded hands, compared to its average volume of 704,380. Autoliv, Inc. has a 52-week low of $89.51 and a 52-week high of $129.38. The stock's fifty day moving average is $96.73 and its 200-day moving average is $101.49. The company has a market cap of $7.83 billion, a P/E ratio of 12.95, a P/E/G ratio of 0.88 and a beta of 1.59. 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 (NYSE:ALV - Get Free Report) last issued its quarterly earnings results on Friday, October 18th. The auto parts company reported $1.84 EPS for the quarter, missing the consensus estimate of $2.00 by ($0.16). Autoliv had a net margin of 5.98% and a return on equity of 30.85%. The firm had revenue of $2.56 billion during the quarter, compared to analysts' expectations of $2.52 billion. During the same quarter last year, the company posted $1.66 EPS. The firm's revenue was down 1.6% compared to the same quarter last year. As a group, sell-side analysts expect that Autoliv, Inc. will post 8.19 earnings per share for the current year.

Autoliv Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 19th. Stockholders of record on Tuesday, December 3rd will be given a $0.70 dividend. This represents a $2.80 annualized dividend and a dividend yield of 2.82%. The ex-dividend date is Tuesday, December 3rd. This is a boost from Autoliv's previous quarterly dividend of $0.68. Autoliv's dividend payout ratio (DPR) is 36.46%.

Autoliv Company 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.