Linden Thomas Advisory Services LLC Has $730,000 Position in Autoliv, Inc. (NYSE:ALV)

Linden Thomas Advisory Services LLC trimmed its holdings in shares of Autoliv, Inc. (NYSE:ALV) by 6.7% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 7,784 shares of the auto parts company’s stock after selling 560 shares during the period. Linden Thomas Advisory Services LLC’s holdings in Autoliv were worth $730,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of ALV. Legend Financial Advisors Inc. boosted its position in Autoliv by 1.8% during the fourth quarter. Legend Financial Advisors Inc. now owns 6,344 shares of the auto parts company’s stock valued at $595,000 after purchasing an additional 115 shares during the last quarter. Quantinno Capital Management LP boosted its holdings in shares of Autoliv by 0.6% in the 3rd quarter. Quantinno Capital Management LP now owns 23,456 shares of the auto parts company’s stock valued at $2,190,000 after buying an additional 130 shares during the last quarter. Hennion & Walsh Asset Management Inc. increased its holdings in Autoliv by 3.5% during the fourth quarter. Hennion & Walsh Asset Management Inc. now owns 4,171 shares of the auto parts company’s stock worth $391,000 after buying an additional 140 shares during the last quarter. UMB Bank n.a. raised its position in Autoliv by 139.5% during the fourth quarter. UMB Bank n.a. now owns 273 shares of the auto parts company’s stock worth $26,000 after acquiring an additional 159 shares in the last quarter. Finally, Nisa Investment Advisors LLC lifted its stake in Autoliv by 4.6% in the fourth quarter. Nisa Investment Advisors LLC now owns 4,315 shares of the auto parts company’s stock valued at $405,000 after acquiring an additional 190 shares during the last quarter. Institutional investors own 69.57% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on ALV. Daiwa America raised shares of Autoliv from a “hold” rating to a “strong-buy” rating in a report on Tuesday, January 7th. Barclays decreased their price objective on shares of Autoliv from $115.00 to $110.00 and set an “equal weight” rating on the stock in a report on Tuesday, October 15th. Bank of America decreased their price objective on shares of Autoliv from $137.00 to $134.00 and set a “buy” rating on the stock in a report on Thursday, October 3rd. StockNews.com upgraded shares of Autoliv from a “hold” rating to a “buy” rating in a report on Thursday. Finally, Daiwa Capital Markets upgraded shares of Autoliv from a “neutral” rating to an “outperform” rating and set a $109.00 price objective on the stock in a report on Tuesday, January 7th. Six equities research analysts have rated the stock with a hold rating, nine have given a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $121.62.

Autoliv Trading Up 1.9 %

ALV opened at $102.64 on Monday. Autoliv, Inc. has a twelve month low of $89.51 and a twelve month high of $129.38. The company has a 50-day simple moving average of $96.36 and a 200 day simple moving average of $97.20. The company has a quick ratio of 0.71, a current ratio of 0.96 and a debt-to-equity ratio of 0.69. The stock has a market capitalization of $7.98 billion, a price-to-earnings ratio of 13.36, a P/E/G ratio of 0.73 and a beta of 1.59.

Autoliv Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, December 19th. Investors of record on Tuesday, December 3rd were given a dividend of $0.70 per share. This is a boost from Autoliv’s previous quarterly dividend of $0.68. The ex-dividend date of this dividend was Tuesday, December 3rd. This represents a $2.80 annualized dividend and a yield of 2.73%. Autoliv’s dividend payout ratio is currently 36.46%.

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.