Autoliv, Inc. (NYSE:ALV) Stock Position Decreased by UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC cut its stake in Autoliv, Inc. (NYSE:ALV - Free Report) by 29.7% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 206,187 shares of the auto parts company's stock after selling 87,196 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned 0.26% of Autoliv worth $19,252,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the stock. Swedbank AB grew its position in shares of Autoliv by 20.5% in the 2nd quarter. Swedbank AB now owns 2,362,040 shares of the auto parts company's stock worth $252,715,000 after acquiring an additional 402,426 shares in the last quarter. Quantbot Technologies LP lifted its stake in Autoliv by 1,437.4% during the third quarter. Quantbot Technologies LP now owns 51,994 shares of the auto parts company's stock worth $4,855,000 after purchasing an additional 48,612 shares during the last quarter. BDF Gestion bought a new stake in Autoliv during the second quarter valued at $1,284,000. Marshall Wace LLP raised its holdings in shares of Autoliv by 35.8% during the second quarter. Marshall Wace LLP now owns 272,793 shares of the auto parts company's stock worth $29,186,000 after purchasing an additional 71,931 shares during the period. Finally, Beddow Capital Management Inc. raised its holdings in shares of Autoliv by 14.4% during the third quarter. Beddow Capital Management Inc. now owns 80,897 shares of the auto parts company's stock worth $7,553,000 after purchasing an additional 10,198 shares during the period. 69.57% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the stock. StockNews.com raised shares of Autoliv from a "hold" rating to a "buy" rating in a research report on Thursday. Barclays dropped their price target on Autoliv from $115.00 to $110.00 and set an "equal weight" rating on the stock in a research report on Tuesday, October 15th. Wolfe Research assumed coverage on Autoliv in a research report on Thursday, September 5th. They set an "outperform" rating and a $120.00 price objective for the company. 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 note on Thursday, October 3rd. Finally, Robert W. Baird raised their target price on Autoliv from $103.00 to $108.00 and gave the company a "neutral" rating in a research note on Monday, October 21st. Six equities research analysts have rated the stock with a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $122.77.

Autoliv Price Performance

NYSE ALV traded up $0.53 on Friday, reaching $97.31. 746,355 shares of the stock traded hands, compared to its average volume of 704,822. Autoliv, Inc. has a 12 month low of $89.51 and a 12 month high of $129.38. The company has a market cap of $7.66 billion, a price-to-earnings ratio of 12.67, a P/E/G ratio of 0.87 and a beta of 1.59. The firm's fifty day simple moving average is $96.53 and its 200 day simple moving average is $102.20. The company has a quick ratio of 0.71, a current ratio of 0.96 and a debt-to-equity ratio of 0.69.

Autoliv (NYSE:ALV - Get Free Report) last announced 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 for the quarter, compared to the consensus estimate of $2.52 billion. During the same period in the prior year, the business earned $1.66 EPS. The company's quarterly revenue was down 1.6% compared to the same quarter last year. As a group, research analysts predict that Autoliv, Inc. will post 8.19 EPS for the current fiscal year.

Autoliv Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 19th. Stockholders of record on Tuesday, December 3rd will be paid a $0.70 dividend. The ex-dividend date of this dividend is Tuesday, December 3rd. This represents a $2.80 annualized dividend and a dividend yield of 2.88%. This is a boost from Autoliv's previous quarterly dividend of $0.68. Autoliv's payout ratio is currently 36.46%.

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.