Autoliv, Inc. (ALV) Shares Bought by Vanguard Group Inc.

Vanguard Group Inc. lifted its holdings in Autoliv, Inc. (NYSE:ALV) by 1.8% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 1,400,499 shares of the auto parts company’s stock after purchasing an additional 24,364 shares during the quarter. Vanguard Group Inc. owned about 1.61% of Autoliv worth $153,774,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of ALV. Russell Investments Group Ltd. grew its position in shares of Autoliv by 10.3% in the 1st quarter. Russell Investments Group Ltd. now owns 10,754 shares of the auto parts company’s stock valued at $1,100,000 after purchasing an additional 1,007 shares during the period. Comerica Bank grew its position in shares of Autoliv by 1.5% in the 1st quarter. Comerica Bank now owns 5,228 shares of the auto parts company’s stock valued at $558,000 after purchasing an additional 78 shares during the period. Global X Management Co. LLC grew its position in shares of Autoliv by 31.6% in the 1st quarter. Global X Management Co. LLC now owns 2,030 shares of the auto parts company’s stock valued at $208,000 after purchasing an additional 488 shares during the period. Geode Capital Management LLC grew its position in shares of Autoliv by 3.9% in the 1st quarter. Geode Capital Management LLC now owns 526,881 shares of the auto parts company’s stock valued at $53,854,000 after purchasing an additional 19,734 shares during the period. Finally, Dimensional Fund Advisors LP grew its position in shares of Autoliv by 68.9% in the 1st quarter. Dimensional Fund Advisors LP now owns 727,392 shares of the auto parts company’s stock valued at $74,375,000 after purchasing an additional 296,818 shares during the period. Institutional investors and hedge funds own 32.75% of the company’s stock.

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In related news, VP Thomas Jonsson sold 1,240 shares of Autoliv stock in a transaction that occurred on Wednesday, July 26th. The stock was sold at an average price of $108.55, for a total transaction of $134,602.00. Following the transaction, the vice president now owns 2,311 shares of the company’s stock, valued at $250,859.05. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.25% of the stock is owned by insiders.

Several equities analysts recently issued reports on ALV shares. Wells Fargo & Company reiterated an “outperform” rating and issued a $110.50 price objective on shares of Autoliv in a research report on Wednesday, June 28th. Zacks Investment Research upgraded Autoliv from a “hold” rating to a “buy” rating and set a $142.00 price objective for the company in a research report on Tuesday. Royal Bank Of Canada reiterated a “hold” rating and issued a $100.00 price objective on shares of Autoliv in a research report on Tuesday, August 29th. Mizuho boosted their price objective on Autoliv from $130.00 to $140.00 and gave the company a “buy” rating in a research report on Friday, September 15th. Finally, KeyCorp boosted their price objective on Autoliv from $124.00 to $136.00 and gave the company an “overweight” rating in a research report on Friday, September 15th. Four investment analysts have rated the stock with a sell rating, twelve have assigned a hold rating and eight have assigned a buy rating to the company’s stock. Autoliv presently has a consensus rating of “Hold” and a consensus target price of $113.10.

Shares of Autoliv, Inc. (ALV) opened at 122.97 on Friday. Autoliv, Inc. has a 52 week low of $93.31 and a 52 week high of $127.75. The company has a market cap of $10.69 billion, a PE ratio of 19.43 and a beta of 1.14. The stock’s 50 day moving average price is $121.64 and its 200-day moving average price is $110.79.

Autoliv (NYSE:ALV) last announced its earnings results on Friday, July 21st. The auto parts company reported $1.44 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $1.48 by ($0.04). The company had revenue of $2.55 billion for the quarter, compared to analysts’ expectations of $2.57 billion. Autoliv had a net margin of 5.44% and a return on equity of 13.96%. The firm’s quarterly revenue was down 1.3% on a year-over-year basis. During the same period in the previous year, the firm earned $1.75 EPS. Analysts expect that Autoliv, Inc. will post $6.21 EPS for the curren

Several other institutional investors and hedge funds have also modified their holdings of ALV. Russell Investments Group Ltd. grew its position in shares of Autoliv by 10.3% in the 1st quarter. Russell Investments Group Ltd. now owns 10,754 shares of the auto parts company’s stock valued at $1,100,000 after purchasing an additional 1,007 shares during the period. Comerica Bank grew its position in shares of Autoliv by 1.5% in the 1st quarter. Comerica Bank now owns 5,228 shares of the auto parts company’s stock valued at $558,000 after purchasing an additional 78 shares during the period. Global X Management Co. LLC grew its position in shares of Autoliv by 31.6% in the 1st quarter. Global X Management Co. LLC now owns 2,030 shares of the auto parts company’s stock valued at $208,000 after purchasing an additional 488 shares during the period. Geode Capital Management LLC grew its position in shares of Autoliv by 3.9% in the 1st quarter. Geode Capital Management LLC now owns 526,881 shares of the auto parts company’s stock valued at $53,854,000 after purchasing an additional 19,734 shares during the period. Finally, Dimensional Fund Advisors LP grew its position in shares of Autoliv by 68.9% in the 1st quarter. Dimensional Fund Advisors LP now owns 727,392 shares of the auto parts company’s stock valued at $74,375,000 after purchasing an additional 296,818 shares during the period. Institutional investors and hedge funds own 32.75% of the company’s stock.

ILLEGAL ACTIVITY WARNING: This article was first published by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are viewing this article on another site, it was illegally copied and reposted in violation of U.S. & international copyright & trademark laws. The original version of this article can be viewed at https://ledgergazette.com/2017/10/21/autoliv-inc-alv-shares-bought-by-vanguard-group-inc.html.

In related news, VP Thomas Jonsson sold 1,240 shares of Autoliv stock in a transaction that occurred on Wednesday, July 26th. The stock was sold at an average price of $108.55, for a total transaction of $134,602.00. Following the transaction, the vice president now owns 2,311 shares of the company’s stock, valued at $250,859.05. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.25% of the stock is owned by insiders.

Several equities analysts recently issued reports on ALV shares. Wells Fargo & Company reiterated an “outperform” rating and issued a $110.50 price objective on shares of Autoliv in a research report on Wednesday, June 28th. Zacks Investment Research upgraded Autoliv from a “hold” rating to a “buy” rating and set a $142.00 price objective for the company in a research report on Tuesday. Royal Bank Of Canada reiterated a “hold” rating and issued a $100.00 price objective on shares of Autoliv in a research report on Tuesday, August 29th. Mizuho boosted their price objective on Autoliv from $130.00 to $140.00 and gave the company a “buy” rating in a research report on Friday, September 15th. Finally, KeyCorp boosted their price objective on Autoliv from $124.00 to $136.00 and gave the company an “overweight” rating in a research report on Friday, September 15th. Four investment analysts have rated the stock with a sell rating, twelve have assigned a hold rating and eight have assigned a buy rating to the company’s stock. Autoliv presently has a consensus rating of “Hold” and a consensus target price of $113.10.

Shares of Autoliv, Inc. (ALV) opened at 122.97 on Friday. Autoliv, Inc. has a 52 week low of $93.31 and a 52 week high of $127.75. The company has a market cap of $10.69 billion, a PE ratio of 19.43 and a beta of 1.14. The stock’s 50 day moving average price is $121.64 and its 200-day moving average price is $110.79.

Autoliv (NYSE:ALV) last announced its earnings results on Friday, July 21st. The auto parts company reported $1.44 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $1.48 by ($0.04). The company had revenue of $2.55 billion for the quarter, compared to analysts’ expectations of $2.57 billion. Autoliv had a net margin of 5.44% and a return on equity of 13.96%. The firm’s quarterly revenue was down 1.3% on a year-over-year basis. During the same period in the previous year, the firm earned $1.75 EPS. Analysts expect that Autoliv, Inc. will post $6.21 EPS for the current year.

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 7th. Investors of record on Wednesday, November 22nd will be given a dividend of $0.60 per share. The ex-dividend date of this dividend is Tuesday, November 21st. This represents a $2.40 annualized dividend and a dividend yield of 1.95%. Autoliv’s payout ratio is 37.97%.

About Autoliv

Autoliv, Inc is a supplier of automotive safety systems with a range of product offerings, including passive safety systems and active safety systems. The Company operates through two segments: Passive Safety and Electronics. The Passive safety products include modules and components for passenger and driver-side airbags, side-impact airbag protection systems, seatbelts, steering wheels, inflator technologies, whiplash protection systems and child seats, and components for such systems, as well as passive safety electronic products, such as restraint electronics and crash sensors.

Institutional Ownership by Quarter for Autoliv (NYSE:ALV)

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