ABN AMRO Bank N.V. Invests $33.46 Million in Autoliv, Inc. $ALV

ABN AMRO Bank N.V. acquired a new stake in Autoliv, Inc. (NYSE:ALV - Free Report) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 287,794 shares of the auto parts company's stock, valued at approximately $33,456,000. ABN AMRO Bank N.V. owned approximately 0.39% of Autoliv at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Swedbank AB grew its position in Autoliv by 14.4% in the 4th quarter. Swedbank AB now owns 2,976,700 shares of the auto parts company's stock valued at $353,334,000 after acquiring an additional 375,454 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its position in shares of Autoliv by 1.1% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 2,562,641 shares of the auto parts company's stock worth $304,185,000 after purchasing an additional 28,415 shares in the last quarter. Dimensional Fund Advisors LP lifted its position in shares of Autoliv by 3.7% during the first quarter. Dimensional Fund Advisors LP now owns 1,952,252 shares of the auto parts company's stock worth $205,270,000 after purchasing an additional 70,424 shares in the last quarter. Vanguard Group Inc. lifted its position in shares of Autoliv by 1.1% during the fourth quarter. Vanguard Group Inc. now owns 1,867,396 shares of the auto parts company's stock worth $221,660,000 after purchasing an additional 21,221 shares in the last quarter. Finally, LSV Asset Management boosted its stake in shares of Autoliv by 6.5% in the fourth quarter. LSV Asset Management now owns 1,681,609 shares of the auto parts company's stock valued at $199,607,000 after purchasing an additional 101,922 shares during the period. Hedge funds and other institutional investors own 69.57% of the company's stock.

Insiders Place Their Bets

In other Autoliv news, Director Jan Carlson sold 19,607 shares of the firm's stock in a transaction on Friday, June 12th. The stock was sold at an average price of $130.00, for a total value of $2,548,910.00. Following the sale, the director directly owned 60,000 shares in the company, valued at $7,800,000. This trade represents a 24.63% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.34% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of research analysts recently weighed in on ALV shares. Weiss Ratings cut shares of Autoliv from a "buy (b)" rating to a "buy (b-)" rating in a report on Monday, July 20th. Wells Fargo & Company increased their target price on shares of Autoliv from $116.00 to $122.00 and gave the stock an "equal weight" rating in a report on Thursday, June 25th. Jefferies Financial Group raised shares of Autoliv to a "hold" rating in a research report on Monday, June 15th. Robert W. Baird boosted their price target on shares of Autoliv from $119.00 to $130.00 and gave the stock a "neutral" rating in a research note on Monday, April 20th. Finally, Wall Street Zen lowered Autoliv from a "buy" rating to a "hold" rating in a research report on Saturday, July 4th. Eight equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $135.93.

Autoliv Trading Up 0.5%

NYSE ALV opened at $122.04 on Friday. The company has a quick ratio of 0.79, a current ratio of 1.03 and a debt-to-equity ratio of 0.67. Autoliv, Inc. has a 52 week low of $99.16 and a 52 week high of $132.17. The stock has a market capitalization of $8.94 billion, a PE ratio of 14.37, a price-to-earnings-growth ratio of 0.97 and a beta of 1.34. The firm has a 50 day moving average of $120.90 and a two-hundred day moving average of $118.21.

Autoliv (NYSE:ALV - Get Free Report) last announced its quarterly earnings data on Friday, July 17th. The auto parts company reported $2.43 earnings per share for the quarter, missing analysts' consensus estimates of $2.46 by ($0.03). The firm had revenue of $2.80 billion during the quarter, compared to analyst estimates of $2.77 billion. Autoliv had a net margin of 5.79% and a return on equity of 29.36%. Autoliv's revenue for the quarter was up 3.3% compared to the same quarter last year. During the same quarter in the previous year, the business posted $2.21 earnings per share. As a group, research analysts expect that Autoliv, Inc. will post 10.04 EPS for the current fiscal year.

Autoliv Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Friday, August 28th will be issued a $0.87 dividend. This represents a $3.48 annualized dividend and a yield of 2.9%. The ex-dividend date of this dividend is Friday, August 28th. Autoliv's dividend payout ratio is 40.99%.

Autoliv Profile

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.

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