3,844 Shares in Autoliv, Inc. (NYSE:ALV) Purchased by Signet Financial Management LLC

Signet Financial Management LLC acquired a new stake in Autoliv, Inc. (NYSE:ALV - Free Report) in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 3,844 shares of the auto parts company's stock, valued at approximately $340,000.

Other large investors have also made changes to their positions in the company. FMR LLC lifted its stake in Autoliv by 9.9% in the 4th quarter. FMR LLC now owns 7,146,500 shares of the auto parts company's stock valued at $670,270,000 after buying an additional 641,895 shares in the last quarter. FIL Ltd raised its holdings in shares of Autoliv by 17.3% during the fourth quarter. FIL Ltd now owns 2,382,265 shares of the auto parts company's stock valued at $223,433,000 after acquiring an additional 351,876 shares during the last quarter. Dimensional Fund Advisors LP lifted its position 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 valued at $152,275,000 after acquiring an additional 134,347 shares in the last quarter. Mondrian Investment Partners LTD lifted its position 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 valued at $133,259,000 after acquiring an additional 59,592 shares in the last quarter. Finally, Wellington Management Group LLP boosted its stake in shares of Autoliv by 12.5% in the fourth 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 during the last quarter. 69.57% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research analysts recently commented on ALV shares. Wall Street Zen raised Autoliv from a "hold" rating to a "buy" rating in a research note on Thursday, April 17th. BNP Paribas upgraded shares of Autoliv from a "hold" rating to a "strong-buy" rating in a research report on Friday, May 9th. BNP Paribas Exane upgraded 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. Wells Fargo & Company raised their price objective on shares of Autoliv from $82.00 to $100.00 and gave the stock an "equal weight" rating in a research report on Monday, May 19th. Finally, UBS Group raised their price objective on Autoliv from $103.00 to $123.00 and gave the stock a "buy" rating in a research report on Wednesday, May 28th. Six equities research analysts have rated the stock with a hold rating, twelve have issued a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $114.00.

Autoliv Stock Down 1.3%

Autoliv stock traded down $1.42 during trading on Friday, reaching $108.56. The stock had a trading volume of 630,677 shares, compared to its average volume of 809,515. The company has a quick ratio of 0.71, a current ratio of 0.96 and a debt-to-equity ratio of 0.67. Autoliv, Inc. has a 52-week low of $75.49 and a 52-week high of $112.32. The stock has a market cap of $8.39 billion, a PE ratio of 13.45, a P/E/G ratio of 0.73 and a beta of 1.36. The business has a 50 day moving average price of $96.06 and a 200 day moving average price of $95.13.

Autoliv (NYSE:ALV - Get Free Report) last released its quarterly earnings data on Wednesday, April 16th. The auto parts company reported $2.15 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.72 by $0.43. Autoliv had a net margin of 6.21% and a return on equity of 28.62%. The business had revenue of $2.58 billion during the quarter, compared to analysts' expectations of $2.50 billion. During the same period in the previous year, the company earned $1.58 EPS. On average, analysts predict that Autoliv, Inc. will post 9.51 EPS for the current year.

Autoliv Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 23rd. Stockholders of record on Friday, September 5th will be given a dividend of $0.85 per share. This represents a $3.40 annualized dividend and a dividend yield of 3.13%. The ex-dividend date of this dividend is Friday, September 5th. This is a positive change from Autoliv's previous quarterly dividend of $0.70. Autoliv's dividend payout ratio (DPR) is 39.13%.

Autoliv announced that its board has authorized a stock buyback plan on Wednesday, June 4th that permits the company to repurchase $2.50 billion in shares. This repurchase authorization permits 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 board believes its shares are undervalued.

Insider Buying and Selling

In other Autoliv news, Director Jan Carlson sold 1,555 shares of the firm's stock in a transaction that occurred on Wednesday, June 11th. The shares were sold at an average price of $108.32, for a total transaction of $168,437.60. Following the sale, the director now owns 77,493 shares of the company's stock, valued at approximately $8,394,041.76. This trade represents a 1.97% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.20% of the stock is owned by company insiders.

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.