Oregon Public Employees Retirement Fund purchased a new position in shares of Autoliv Inc. (NYSE:ALV) in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 8,865 shares of the auto parts company’s stock, valued at approximately $1,270,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in ALV. Renaissance Technologies LLC grew its position in Autoliv by 4.5% during the 2nd quarter. Renaissance Technologies LLC now owns 377,937 shares of the auto parts company’s stock worth $52,758,000 after acquiring an additional 16,337 shares during the last quarter. Bridgewater Associates LP bought a new position in Autoliv in the 2nd quarter valued at $1,933,000. Prescott Group Capital Management L.L.C. boosted its position in Autoliv by 114.3% in the 2nd quarter. Prescott Group Capital Management L.L.C. now owns 15,000 shares of the auto parts company’s stock valued at $2,148,000 after buying an additional 8,000 shares during the last quarter. Dai Ichi Life Insurance Company Ltd bought a new position in Autoliv in the 2nd quarter valued at $1,315,000. Finally, Great West Life Assurance Co. Can boosted its position in Autoliv by 10.4% in the 2nd quarter. Great West Life Assurance Co. Can now owns 56,887 shares of the auto parts company’s stock valued at $8,150,000 after buying an additional 5,370 shares during the last quarter. Institutional investors own 40.40% of the company’s stock.

In related news, Director Jan Carlson sold 42,589 shares of the firm’s stock in a transaction on Friday, August 31st. The stock was sold at an average price of $89.53, for a total transaction of $3,812,993.17. Following the sale, the director now owns 53,579 shares of the company’s stock, valued at approximately $4,796,927.87. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.25% of the company’s stock.

A number of research analysts have commented on ALV shares. Zacks Investment Research lowered Autoliv from a “hold” rating to a “sell” rating in a research report on Monday, September 10th. Longbow Research set a $168.00 price objective on Autoliv and gave the company a “buy” rating in a research report on Friday, June 1st. Morgan Stanley started coverage on Autoliv in a research report on Tuesday, June 19th. They issued an “overweight” rating and a $180.00 price objective on the stock. Barclays decreased their price objective on Autoliv from $82.00 to $80.00 and set an “underweight” rating on the stock in a research report on Tuesday, July 31st. Finally, Royal Bank of Canada reiterated a “hold” rating and issued a $107.00 price objective on shares of Autoliv in a research report on Friday, July 27th. Three research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and ten have issued a buy rating to the company. Autoliv presently has a consensus rating of “Hold” and a consensus target price of $123.35.

Shares of Autoliv stock opened at $87.51 on Tuesday. The firm has a market cap of $7.64 billion, a P/E ratio of 11.88, a price-to-earnings-growth ratio of 0.66 and a beta of 1.25. Autoliv Inc. has a 12 month low of $83.94 and a 12 month high of $115.37. The company has a debt-to-equity ratio of 0.84, a quick ratio of 0.97 and a current ratio of 1.23.

Autoliv (NYSE:ALV) last issued its quarterly earnings data on Friday, July 27th. The auto parts company reported $2.22 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.88 by $0.34. The business had revenue of $2.21 billion for the quarter, compared to the consensus estimate of $2.23 billion. Autoliv had a return on equity of 17.38% and a net margin of 3.09%. The firm’s revenue was up 11.5% compared to the same quarter last year. During the same quarter last year, the business posted $1.50 EPS. analysts expect that Autoliv Inc. will post 7.96 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 6th. Investors of record on Wednesday, November 21st will be paid a dividend of $0.62 per share. This represents a $2.48 annualized dividend and a yield of 2.83%. The ex-dividend date of this dividend is Tuesday, November 20th. Autoliv’s payout ratio is presently 37.69%.

Autoliv Profile

Autoliv, Inc, through its subsidiaries, develops, manufactures, and supplies automotive safety systems to the automotive industry worldwide. The company operates through two segments, Passive Safety and Electronics. It offers modules and components for frontal-impact airbag protection systems, side-impact airbag protection systems, seatbelts, steering wheels, inflator technologies, battery cable cutters, pedestrian protection systems, and child seats.

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Institutional Ownership by Quarter for Autoliv (NYSE:ALV)

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