Values First Advisors Inc. Acquires 392 Shares of Autoliv, Inc. (NYSE:ALV)

Values First Advisors Inc. boosted its holdings in Autoliv, Inc. (NYSE:ALV) by 16.1% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,824 shares of the auto parts company’s stock after buying an additional 392 shares during the period. Values First Advisors Inc.’s holdings in Autoliv were worth $264,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. State of Michigan Retirement System increased its position in Autoliv by 0.6% during the first quarter. State of Michigan Retirement System now owns 18,100 shares of the auto parts company’s stock worth $2,180,000 after acquiring an additional 100 shares during the period. KRS Capital Management LLC grew its position in Autoliv by 3.7% in the 1st quarter. KRS Capital Management LLC now owns 2,788 shares of the auto parts company’s stock worth $336,000 after purchasing an additional 100 shares during the last quarter. GAMMA Investing LLC grew its position in Autoliv by 62.7% in the 2nd quarter. GAMMA Investing LLC now owns 262 shares of the auto parts company’s stock worth $28,000 after purchasing an additional 101 shares during the last quarter. Benjamin F. Edwards & Company Inc. increased its holdings in shares of Autoliv by 14.0% during the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 954 shares of the auto parts company’s stock worth $102,000 after purchasing an additional 117 shares during the period. Finally, Smithfield Trust Co raised its position in shares of Autoliv by 12.1% during the first quarter. Smithfield Trust Co now owns 1,330 shares of the auto parts company’s stock valued at $160,000 after buying an additional 144 shares during the last quarter. 69.57% of the stock is currently owned by institutional investors and hedge funds.

Autoliv Stock Performance

NYSE:ALV opened at $95.02 on Friday. The stock has a market capitalization of $7.73 billion, a P/E ratio of 14.82, a price-to-earnings-growth ratio of 0.82 and a beta of 1.60. The company has a current ratio of 0.98, a quick ratio of 0.73 and a debt-to-equity ratio of 0.67. Autoliv, Inc. has a 1 year low of $89.37 and a 1 year high of $129.38. The firm has a 50 day moving average of $96.47 and a 200-day moving average of $107.08.

Autoliv (NYSE:ALV) last released its quarterly earnings results on Friday, October 18th. The auto parts company reported $1.84 earnings per share for the quarter, missing analysts’ consensus estimates of $2.00 by ($0.16). The business had revenue of $2.56 billion for the quarter, compared to analyst estimates of $2.52 billion. Autoliv had a net margin of 5.91% and a return on equity of 30.05%. The company’s revenue for the quarter was down 1.6% on a year-over-year basis. During the same period in the prior year, the business earned $1.66 earnings per share. As a group, sell-side analysts anticipate that Autoliv, Inc. will post 8.44 EPS for the current fiscal year.

Autoliv Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 23rd. Shareholders of record on Wednesday, September 4th were given a $0.68 dividend. This represents a $2.72 annualized dividend and a yield of 2.86%. The ex-dividend date was Wednesday, September 4th. Autoliv’s payout ratio is presently 42.43%.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the company. Wolfe Research initiated coverage on Autoliv in a research note on Thursday, September 5th. They set an “outperform” rating and a $120.00 price target on the stock. Bank of America cut 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. Robert W. Baird lifted their price target on shares of Autoliv from $103.00 to $108.00 and gave the stock a “neutral” rating in a research note on Monday. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $116.00 price target on shares of Autoliv in a report on Tuesday, September 10th. Finally, Wells Fargo & Company reduced their price objective on shares of Autoliv from $102.00 to $101.00 and set an “equal weight” rating for the company in a report on Monday. Seven research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $124.14.

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.