Autoliv, Inc. (NYSE:ALV) Shares Acquired by Rhumbline Advisers

Rhumbline Advisers increased its holdings in shares of Autoliv, Inc. (NYSE:ALV - Free Report) by 3.5% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 132,389 shares of the auto parts company's stock after purchasing an additional 4,483 shares during the period. Rhumbline Advisers owned 0.17% of Autoliv worth $12,417,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. FMR LLC raised its stake in shares of Autoliv by 6.1% during the third quarter. FMR LLC now owns 6,504,605 shares of the auto parts company's stock valued at $607,335,000 after purchasing an additional 376,665 shares during the period. Swedbank AB increased its stake in Autoliv by 8.7% during the 3rd 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. Massachusetts Financial Services Co. MA lifted its holdings in 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 in the last quarter. Wellington Management Group LLP lifted its holdings in Autoliv by 21.2% in the 3rd quarter. Wellington Management Group LLP now owns 910,437 shares of the auto parts company's stock worth $85,008,000 after buying an additional 159,067 shares in the last quarter. Finally, Jane Street Group LLC boosted its position in Autoliv by 94.2% in the 3rd quarter. Jane Street Group LLC now owns 210,989 shares of the auto parts company's stock valued at $19,700,000 after buying an additional 102,362 shares during the last quarter. 69.57% of the stock is currently owned by institutional investors and hedge funds.

Autoliv Stock Performance

ALV stock traded up $0.85 during midday trading on Monday, reaching $98.26. The company had a trading volume of 513,940 shares, compared to its average volume of 770,518. The firm has a market capitalization of $7.64 billion, a PE ratio of 12.18, a P/E/G ratio of 0.73 and a beta of 1.58. The stock has a 50 day moving average price of $95.74 and a 200 day moving average price of $96.56. Autoliv, Inc. has a fifty-two week low of $89.51 and a fifty-two week high of $129.38. The company has a quick ratio of 0.71, a current ratio of 0.96 and a debt-to-equity ratio of 0.67.

Autoliv (NYSE:ALV - Get Free Report) last announced its quarterly 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%. Analysts anticipate that Autoliv, Inc. will post 9.58 earnings per share for the current year.

Autoliv Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 24th. Stockholders of record on Friday, March 7th will be given a dividend of $0.70 per share. The ex-dividend date of this dividend is Friday, March 7th. This represents a $2.80 annualized dividend and a dividend yield of 2.85%. Autoliv's dividend payout ratio is currently 34.70%.

Analysts Set New Price Targets

Several research analysts recently commented on ALV shares. Wells Fargo & Company cut their price target on Autoliv from $101.00 to $97.00 and set an "equal weight" rating on the stock in a research note on Monday, December 16th. Pareto Securities lowered Autoliv to a "hold" rating in a research report on Monday, February 3rd. Hsbc Global Res downgraded shares of Autoliv from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, February 4th. HSBC cut shares of Autoliv from a "buy" rating to a "hold" rating and cut their price target for the company from $109.00 to $100.00 in a report on Tuesday, February 4th. Finally, Mizuho decreased their price objective on shares of Autoliv from $115.00 to $112.00 and set an "outperform" rating for the company in a report on Monday, February 3rd. Nine investment analysts have rated the stock with a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $117.23.

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.