Autoliv, Inc. $ALV Shares Purchased by Van Lanschot Kempen Investment Management N.V.

Van Lanschot Kempen Investment Management N.V. lifted its stake in Autoliv, Inc. (NYSE:ALV) by 3.9% during the 4th quarter, HoldingsChannel.com reports. The fund owned 243,077 shares of the auto parts company’s stock after purchasing an additional 9,144 shares during the quarter. Van Lanschot Kempen Investment Management N.V.’s holdings in Autoliv were worth $28,853,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. IFP Advisors Inc lifted its holdings in shares of Autoliv by 110.3% in the 3rd quarter. IFP Advisors Inc now owns 204 shares of the auto parts company’s stock worth $25,000 after acquiring an additional 107 shares during the last quarter. Torren Management LLC acquired a new position in shares of Autoliv in the 4th quarter worth approximately $25,000. Quarry LP acquired a new position in shares of Autoliv in the 3rd quarter worth approximately $36,000. Johnson Financial Group Inc. acquired a new position in shares of Autoliv in the 3rd quarter worth approximately $37,000. Finally, Allworth Financial LP lifted its holdings in shares of Autoliv by 298.8% in the 4th quarter. Allworth Financial LP now owns 327 shares of the auto parts company’s stock worth $39,000 after acquiring an additional 245 shares during the last quarter. 69.57% of the stock is currently owned by institutional investors and hedge funds.

Autoliv Price Performance

Autoliv stock opened at $128.52 on Friday. The firm has a market cap of $9.62 billion, a PE ratio of 13.82, a price-to-earnings-growth ratio of 0.86 and a beta of 1.33. Autoliv, Inc. has a 52-week low of $99.16 and a 52-week high of $132.17. The company has a quick ratio of 0.82, a current ratio of 1.08 and a debt-to-equity ratio of 0.64. The company’s 50 day moving average is $119.04 and its two-hundred day moving average is $118.61.

Autoliv (NYSE:ALV) last released its earnings results on Saturday, April 18th. The auto parts company reported $2.05 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.84 by $0.21. The company had revenue of $2.75 billion for the quarter, compared to analyst estimates of $2.61 billion. Autoliv had a net margin of 6.45% and a return on equity of 29.03%. The firm’s quarterly revenue was up 6.8% on a year-over-year basis. During the same period in the prior year, the business earned $2.15 EPS. On average, research analysts expect that Autoliv, Inc. will post 10.53 EPS for the current fiscal year.

Autoliv Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, June 8th. Shareholders of record on Wednesday, May 20th were issued a dividend of $0.87 per share. The ex-dividend date was Wednesday, May 20th. This represents a $3.48 dividend on an annualized basis and a yield of 2.7%. Autoliv’s dividend payout ratio is 37.42%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on ALV shares. Barclays decreased their price objective on shares of Autoliv from $140.00 to $135.00 and set an “overweight” rating on the stock in a report on Monday, March 30th. Bank of America started coverage on shares of Autoliv in a report on Thursday, April 16th. They issued a “buy” rating and a $140.00 price objective on the stock. Jefferies Financial Group lowered shares of Autoliv from a “buy” rating to a “hold” rating and decreased their price objective for the stock from $150.00 to $120.00 in a report on Tuesday, April 14th. Wall Street Zen lowered shares of Autoliv from a “buy” rating to a “hold” rating in a report on Sunday, May 17th. Finally, Robert W. Baird upped their price objective on shares of Autoliv from $119.00 to $130.00 and gave the stock a “neutral” rating in a report on Monday, April 20th. Eight research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $135.00.

About Autoliv

Autoliv Inc (NYSE: ALV) is a leading global supplier of automotive safety systems, specializing in the design, development and manufacture of passive and active safety products. Its core product portfolio includes airbags, seatbelts, steering wheels, restraint control modules and pedestrian protection systems. In recent years, the company has also expanded into active safety technologies, offering radar, camera and sensor solutions that support advanced driver assistance systems (ADAS) and autonomous driving applications.

Founded in 1997 following the spin-off of Electrolux’s automotive safety business, Autoliv has evolved into a multinational organization with a presence in over 27 countries.