Autoliv, Inc. (NYSE:ALV) Shares Purchased by Ceredex Value Advisors LLC

Ceredex Value Advisors LLC raised its stake in shares of Autoliv, Inc. (NYSE:ALV - Free Report) by 63.6% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 148,500 shares of the auto parts company's stock after purchasing an additional 57,727 shares during the quarter. Ceredex Value Advisors LLC owned about 0.18% of Autoliv worth $13,865,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in ALV. Swedbank AB acquired a new stake in shares of Autoliv during the first quarter worth about $235,996,000. Lind Value II ApS acquired a new stake in Autoliv during the 3rd quarter valued at approximately $35,818,000. Caxton Associates LP boosted its holdings in shares of Autoliv by 121.9% in the 1st quarter. Caxton Associates LP now owns 686,622 shares of the auto parts company's stock valued at $82,690,000 after acquiring an additional 377,233 shares during the last quarter. AQR Capital Management LLC increased its stake 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. Finally, Mondrian Investment Partners LTD raised its holdings in shares of Autoliv by 21.8% during the second quarter. Mondrian Investment Partners LTD now owns 1,160,076 shares of the auto parts company's stock worth $117,330,000 after purchasing an additional 207,521 shares during the last quarter. Hedge funds and other institutional investors own 69.57% of the company's stock.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on ALV shares. Robert W. Baird upped their price target on shares of Autoliv from $103.00 to $108.00 and gave the company a "neutral" rating in a report on Monday, October 21st. Evercore ISI dropped their target price on Autoliv from $150.00 to $140.00 and set an "outperform" rating on the stock in a report on Monday, July 22nd. Wolfe Research assumed coverage on Autoliv in a report on Thursday, September 5th. They issued an "outperform" rating and a $120.00 price target for the company. HSBC began coverage on shares of Autoliv in a research note on Monday, July 15th. They set a "buy" rating and a $134.00 price objective on the stock. Finally, Hsbc Global Res upgraded shares of Autoliv to a "strong-buy" rating in a research note on Monday, July 15th. Seven investment analysts have rated the stock with a hold rating, eight have given a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $122.77.

Autoliv Price Performance

Autoliv stock traded up $2.29 during midday trading on Friday, reaching $95.17. The company had a trading volume of 613,239 shares, compared to its average volume of 861,283. The company has a debt-to-equity ratio of 0.69, a current ratio of 0.96 and a quick ratio of 0.71. Autoliv, Inc. has a 12-month low of $89.37 and a 12-month high of $129.38. The company has a market capitalization of $7.49 billion, a P/E ratio of 12.39, a P/E/G ratio of 0.83 and a beta of 1.59. The firm's fifty day simple moving average is $95.78 and its 200-day simple moving average is $106.06.

Autoliv (NYSE:ALV - Get Free Report) last released its earnings results on Friday, October 18th. The auto parts company reported $1.84 earnings per share 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 business earned $1.66 EPS. The business's revenue was down 1.6% compared to the same quarter last year. As a group, equities analysts anticipate that Autoliv, Inc. will post 8.22 EPS for the current year.

Autoliv Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, September 23rd. Shareholders of record on Wednesday, September 4th were paid a dividend of $0.68 per share. The ex-dividend date was Wednesday, September 4th. This represents a $2.72 annualized dividend and a yield of 2.86%. Autoliv's dividend payout ratio (DPR) is presently 35.42%.

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.