Toth Financial Advisory Corp Acquires 1,650 Shares of Autoliv, Inc. (NYSE:ALV)

Toth Financial Advisory Corp lifted its position in Autoliv, Inc. (NYSE:ALV) by 21.0% in the 1st quarter, Holdings Channel reports. The fund owned 9,524 shares of the auto parts company’s stock after acquiring an additional 1,650 shares during the quarter. Toth Financial Advisory Corp’s holdings in Autoliv were worth $1,147,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in ALV. UBS Group AG raised its position in shares of Autoliv by 4.7% in the 3rd quarter. UBS Group AG now owns 41,104 shares of the auto parts company’s stock worth $3,966,000 after acquiring an additional 1,859 shares in the last quarter. Citigroup Inc. boosted its stake in Autoliv by 5.0% during the 3rd quarter. Citigroup Inc. now owns 8,253 shares of the auto parts company’s stock valued at $796,000 after purchasing an additional 392 shares during the last quarter. Hsbc Holdings PLC boosted its stake in Autoliv by 65.6% during the 3rd quarter. Hsbc Holdings PLC now owns 24,811 shares of the auto parts company’s stock valued at $2,395,000 after purchasing an additional 9,831 shares during the last quarter. Qube Research & Technologies Ltd boosted its stake in Autoliv by 8.9% during the 3rd quarter. Qube Research & Technologies Ltd now owns 33,608 shares of the auto parts company’s stock valued at $3,242,000 after purchasing an additional 2,748 shares during the last quarter. Finally, California State Teachers Retirement System boosted its stake in Autoliv by 0.4% during the 3rd quarter. California State Teachers Retirement System now owns 72,888 shares of the auto parts company’s stock valued at $7,032,000 after purchasing an additional 322 shares during the last quarter. Institutional investors own 69.57% of the company’s stock.

Autoliv Price Performance

Shares of Autoliv stock opened at $106.99 on Friday. Autoliv, Inc. has a one year low of $83.69 and a one year high of $129.38. The stock’s fifty day moving average is $119.26 and its 200 day moving average is $114.64. The stock has a market cap of $8.71 billion, a P/E ratio of 16.69, a P/E/G ratio of 0.65 and a beta of 1.65. The company has a debt-to-equity ratio of 0.75, a quick ratio of 0.82 and a current ratio of 1.10.

Autoliv (NYSE:ALV) last announced its earnings results on Friday, April 26th. The auto parts company reported $1.58 EPS for the quarter, topping analysts’ consensus estimates of $1.40 by $0.18. Autoliv had a return on equity of 29.84% and a net margin of 5.10%. The company had revenue of $2.62 billion for the quarter, compared to analysts’ expectations of $2.57 billion. Sell-side analysts anticipate that Autoliv, Inc. will post 9.74 earnings per share for the current year.

Autoliv Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, June 12th. Investors of record on Thursday, May 23rd were issued a $0.68 dividend. The ex-dividend date was Wednesday, May 22nd. This represents a $2.72 dividend on an annualized basis and a yield of 2.54%. Autoliv’s dividend payout ratio is currently 42.43%.

Wall Street Analyst Weigh In

Several analysts have commented on ALV shares. StockNews.com downgraded Autoliv from a “strong-buy” rating to a “buy” rating in a research note on Thursday, June 13th. Wells Fargo & Company cut their target price on Autoliv from $128.00 to $122.00 and set an “equal weight” rating on the stock in a research note on Tuesday, June 25th. UBS Group upgraded Autoliv from a “neutral” rating to a “buy” rating and increased their target price for the company from $102.00 to $141.00 in a research note on Tuesday, May 28th. Bank of America increased their target price on Autoliv from $135.00 to $145.00 and gave the company a “buy” rating in a research note on Monday, April 29th. Finally, Robert W. Baird raised their price target on Autoliv from $133.00 to $135.00 and gave the stock a “neutral” rating in a research note on Monday, April 29th. Eight investment analysts have rated the stock with a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat.com, Autoliv currently has a consensus rating of “Hold” and an average target price of $128.90.

Insider Buying and Selling at Autoliv

In other Autoliv news, Director Jan Carlson sold 1,900 shares of the firm’s stock in a transaction dated Friday, May 31st. The stock was sold at an average price of $126.75, for a total transaction of $240,825.00. Following the sale, the director now directly owns 77,493 shares of the company’s stock, valued at $9,822,237.75. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders own 0.20% of the company’s stock.

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.