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

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Van Lanschot Kempen Investment Management N.V. increased its stake in Autoliv, Inc. (NYSE:ALV - Free Report) by 3.5% in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 317,553 shares of the auto parts company's stock after buying an additional 10,867 shares during the quarter. Van Lanschot Kempen Investment Management N.V. owned about 0.41% of Autoliv worth $28,088,000 as of its most recent filing with the SEC.

Several other hedge funds have also modified their holdings of ALV. Deutsche Bank AG grew its position in Autoliv by 2.3% in the fourth quarter. Deutsche Bank AG now owns 5,886 shares of the auto parts company's stock valued at $552,000 after acquiring an additional 135 shares in the last quarter. Quantinno Capital Management LP increased its stake in Autoliv by 0.6% during the 4th quarter. Quantinno Capital Management LP now owns 23,592 shares of the auto parts company's stock worth $2,213,000 after buying an additional 136 shares during the period. Captrust Financial Advisors lifted its holdings in Autoliv by 6.8% in the 4th quarter. Captrust Financial Advisors now owns 2,433 shares of the auto parts company's stock worth $228,000 after buying an additional 155 shares in the last quarter. Fortem Financial Group LLC boosted its position in Autoliv by 2.3% in the 1st quarter. Fortem Financial Group LLC now owns 6,909 shares of the auto parts company's stock valued at $611,000 after buying an additional 156 shares during the last quarter. Finally, Greenleaf Trust boosted its position in Autoliv by 2.8% in the 1st quarter. Greenleaf Trust now owns 6,338 shares of the auto parts company's stock valued at $561,000 after buying an additional 172 shares during the last quarter. 69.57% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

ALV has been the topic of a number of analyst reports. Wells Fargo & Company lifted their target price on Autoliv from $100.00 to $104.00 and gave the stock an "equal weight" rating in a research report on Tuesday, July 1st. Barclays restated an "overweight" rating and set a $135.00 price objective (up from $105.00) on shares of Autoliv in a report on Wednesday, July 16th. BNP Paribas upgraded Autoliv from a "hold" rating to a "strong-buy" rating in a research note on Friday, May 9th. Mizuho raised their price target on shares of Autoliv from $95.00 to $112.00 and gave the stock an "outperform" rating in a research report on Friday, May 16th. Finally, UBS Group upped their price target on shares of Autoliv from $103.00 to $123.00 and gave the company a "buy" rating in a report on Wednesday, May 28th. Five investment analysts have rated the stock with a hold rating, twelve have given a buy rating and three have given a strong buy rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $120.64.

Insider Buying and Selling

In other news, Director Jan Carlson sold 1,555 shares of Autoliv stock in a transaction that occurred on Wednesday, June 11th. The stock was sold at an average price of $108.32, for a total transaction of $168,437.60. Following the sale, the director owned 77,493 shares of the company's stock, valued at approximately $8,394,041.76. The trade was a 1.97% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Company insiders own 0.20% of the company's stock.

Autoliv Stock Up 0.5%

Shares of Autoliv stock opened at $118.96 on Tuesday. The stock has a market capitalization of $9.14 billion, a price-to-earnings ratio of 13.02, a PEG ratio of 1.23 and a beta of 1.39. Autoliv, Inc. has a twelve month low of $75.49 and a twelve month high of $119.53. The company has a current ratio of 0.93, a quick ratio of 0.70 and a debt-to-equity ratio of 0.55. The business's 50 day simple moving average is $113.87 and its 200-day simple moving average is $100.87.

Autoliv (NYSE:ALV - Get Free Report) last issued its earnings results on Friday, July 18th. The auto parts company reported $2.21 earnings per share for the quarter, topping the consensus estimate of $2.07 by $0.14. Autoliv had a return on equity of 30.73% and a net margin of 6.83%. The firm had revenue of $2.71 billion for the quarter, compared to analyst estimates of $2.57 billion. During the same period last year, the company earned $1.87 earnings per share. The firm's revenue for the quarter was up 4.2% on a year-over-year basis. Equities research analysts forecast that Autoliv, Inc. will post 9.51 earnings per share for the current year.

Autoliv Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 23rd. Shareholders of record on Friday, September 5th will be given a $0.85 dividend. This is a positive change from Autoliv's previous quarterly dividend of $0.70. The ex-dividend date is Friday, September 5th. This represents a $3.40 annualized dividend and a yield of 2.9%. Autoliv's payout ratio is currently 37.20%.

Autoliv announced that its Board of Directors has authorized a share repurchase plan on Wednesday, June 4th that authorizes the company to buyback $2.50 billion in outstanding shares. This buyback authorization authorizes the auto parts company to purchase up to 31.3% of its stock through open market purchases. Stock buyback plans are typically an indication that the company's leadership believes its shares are undervalued.

About Autoliv

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.

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