Autoliv, Inc. (NYSE:ALV) Shares Acquired by NBC Securities Inc.

NBC Securities Inc. raised its position in shares of Autoliv, Inc. (NYSE:ALV - Free Report) by 157,400.0% during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 3,150 shares of the auto parts company's stock after acquiring an additional 3,148 shares during the period. NBC Securities Inc.'s holdings in Autoliv were worth $278,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also bought and sold shares of the company. FMR LLC increased its position in Autoliv by 9.9% during the fourth quarter. FMR LLC now owns 7,146,500 shares of the auto parts company's stock valued at $670,270,000 after acquiring an additional 641,895 shares during the last quarter. FIL Ltd grew its holdings in shares of Autoliv by 17.3% in the fourth quarter. FIL Ltd now owns 2,382,265 shares of the auto parts company's stock worth $223,433,000 after purchasing an additional 351,876 shares during the last quarter. Dimensional Fund Advisors LP grew its holdings in shares of Autoliv by 9.0% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,623,600 shares of the auto parts company's stock worth $152,275,000 after purchasing an additional 134,347 shares during the last quarter. Mondrian Investment Partners LTD grew its holdings in shares of Autoliv by 4.5% in the fourth quarter. Mondrian Investment Partners LTD now owns 1,378,636 shares of the auto parts company's stock worth $133,259,000 after purchasing an additional 59,592 shares during the last quarter. Finally, Wellington Management Group LLP grew its holdings in Autoliv by 12.5% during the 4th quarter. Wellington Management Group LLP now owns 1,023,937 shares of the auto parts company's stock worth $96,035,000 after acquiring an additional 113,500 shares in the last quarter. Institutional investors own 69.57% of the company's stock.

Autoliv Stock Performance

Shares of Autoliv stock traded up $0.95 during midday trading on Wednesday, hitting $108.88. The company had a trading volume of 645,885 shares, compared to its average volume of 815,069. The stock has a market cap of $8.42 billion, a price-to-earnings ratio of 13.49, a PEG ratio of 0.73 and a beta of 1.36. The company has a quick ratio of 0.71, a current ratio of 0.96 and a debt-to-equity ratio of 0.67. The company has a fifty day simple moving average of $94.81 and a 200 day simple moving average of $95.03. Autoliv, Inc. has a 12-month low of $75.49 and a 12-month high of $116.16.

Autoliv (NYSE:ALV - Get Free Report) last announced its quarterly earnings data on Wednesday, April 16th. The auto parts company reported $2.15 EPS for the quarter, beating the consensus estimate of $1.72 by $0.43. The firm had revenue of $2.58 billion during the quarter, compared to analyst estimates of $2.50 billion. Autoliv had a net margin of 6.21% and a return on equity of 28.62%. During the same period last year, the firm posted $1.58 EPS. As a group, analysts predict that Autoliv, Inc. will post 9.51 earnings per share for the current fiscal year.

Autoliv Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 23rd. Investors 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. This represents a $3.40 annualized dividend and a dividend yield of 3.12%. The ex-dividend date of this dividend is Friday, September 5th. Autoliv's dividend payout ratio (DPR) is presently 39.13%.

Autoliv declared that its Board of Directors has approved a stock buyback plan on Wednesday, June 4th that authorizes the company to repurchase $2.50 billion in shares. This repurchase authorization authorizes the auto parts company to repurchase up to 31.3% of its shares through open market purchases. Shares repurchase plans are often a sign that the company's leadership believes its stock is undervalued.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on the stock. BNP Paribas upgraded shares of Autoliv from a "hold" rating to a "strong-buy" rating in a report on Friday, May 9th. Wells Fargo & Company increased their target price on shares of Autoliv from $82.00 to $100.00 and gave the stock an "equal weight" rating in a report on Monday, May 19th. UBS Group increased their target price on shares of Autoliv from $103.00 to $123.00 and gave the stock a "buy" rating in a report on Wednesday, May 28th. BNP Paribas Exane upgraded shares of Autoliv from a "neutral" rating to an "outperform" rating and set a $123.00 target price on the stock in a report on Friday, May 9th. Finally, Robert W. Baird dropped their target price on shares of Autoliv from $105.00 to $90.00 and set a "neutral" rating on the stock in a report on Tuesday, April 15th. Six equities research analysts have rated the stock with a hold rating, twelve have given a buy rating and two have given a strong buy rating to the company. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $114.00.

Autoliv Profile

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.