Today, Murphy Pohlad Asset Management LLC decides to keep it stake in Autoliv Inc. (ALV) to the level of $2,124,000

Today, Murphy Pohlad Asset Management LLC decides to keep it stake in Autoliv Inc. (ALV) to the level of $2,124,000

Murphy Pohlad Asset Management LLC increased its stake in shares of Autoliv Inc. (NYSE:ALV) by 17.8% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 19,895 shares of the company’s stock after buying an additional 3,000 shares during the period. Autoliv accounts for about 1.6% of Murphy Pohlad Asset Management LLC’s holdings, making the stock its 26th largest position. Murphy Pohlad Asset Management LLC’s holdings in Autoliv were worth $2,124,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Mackenzie Financial Corp boosted its stake in Autoliv by 0.5% in the second quarter. Mackenzie Financial Corp now owns 3,353 shares of the company’s stock valued at $360,000 after buying an additional 18 shares during the last quarter. Mn Services Vermogensbeheer B.V. boosted its stake in Autoliv by 2.0% in the second quarter. Mn Services Vermogensbeheer B.V. now owns 2,226 shares of the company’s stock valued at $215,000 after buying an additional 44 shares during the last quarter. Hartford Investment Management Co. boosted its stake in Autoliv by 4.1% in the second quarter. Hartford Investment Management Co. now owns 1,862 shares of the company’s stock valued at $200,000 after buying an additional 73 shares during the last quarter. Sumitomo Mitsui Asset Management Company LTD boosted its stake in Autoliv by 1.0% in the second quarter. Sumitomo Mitsui Asset Management Company LTD now owns 7,822 shares of the company’s stock valued at $840,000 after buying an additional 74 shares during the last quarter. Finally, Coastline Trust Co boosted its stake in Autoliv by 0.6% in the second quarter. Coastline Trust Co now owns 15,910 shares of the company’s stock valued at $1,709,000 after buying an additional 90 shares during the last quarter. Institutional investors and hedge funds own 31.89% of the company’s stock.

Autoliv Inc. (NYSE:ALV) traded up 0.59% during mid-day trading on Monday, hitting $102.92. 615,443 shares of the stock traded hands. Autoliv Inc. has a 52 week low of $93.31 and a 52 week high of $129.37. The firm’s 50-day moving average price is $98.93 and its 200-day moving average price is $108.05. The firm has a market cap of $9.08 billion, a P/E ratio of 15.05 and a beta of 1.24.

Autoliv (NYSE:ALV) last released its quarterly earnings data on Thursday, October 27th. The company reported $1.63 earnings per share for the quarter, topping the consensus estimate of $1.37 by $0.26. The company had revenue of $2.46 billion for the quarter, compared to analyst estimates of $2.45 billion. Autoliv had a net margin of 6.06% and a return on equity of 16.41%. Autoliv’s revenue for the quarter was up 12.7% compared to the same quarter last year. During the same period in the previous year, the business earned $1.53 EPS. On average, equities analysts forecast that Autoliv Inc. will post $6.77 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 2nd. Stockholders of record on Wednesday, February 15th will be paid a dividend of $0.58 per share. The ex-dividend date is Monday, February 13th. This represents a $2.32 annualized dividend and a dividend yield of 2.27%. Autoliv’s dividend payout ratio is presently 33.87%.

Several research firms recently weighed in on ALV. Robert W. Baird cut shares of Autoliv from an “outperform” rating to a “neutral” rating and reduced their target price for the company from $129.00 to $104.00 in a research note on Friday, October 28th. Goldman Sachs Group Inc. upgraded shares of Autoliv from a “sell” rating to a “neutral” rating and reduced their target price for the company from $101.00 to $95.00 in a research note on Wednesday, November 23rd. Zacks Investment Research cut shares of Autoliv from a “buy” rating to a “hold” rating in a research note on Friday, October 21st. Finally, Handelsbanken cut shares of Autoliv from a “buy” rating to an “accumulate” rating in a research note on Monday, October 10th. Seven investment analysts have rated the stock with a sell rating and eleven have assigned a hold rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average price target of $94.84.

About Autoliv

Autoliv, Inc is a developer, manufacturer and supplier to the automotive industry of automotive safety systems. The Company operates through two segments: Passive Safety and Electronics. Passive Safety segment includes airbags, seatbelts and steering wheels. Electronics segment includes active safety products, such as camera-based vision systems, night driving assist, automotive radars, brake controls and other active safety systems, and passive safety electronic products, such as restraint electronics and crash sensors.

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