Vise Technologies Inc. purchased a new stake in Autoliv, Inc. (NYSE:ALV – Free Report) during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 8,140 shares of the auto parts company’s stock, valued at approximately $911,000.
Several other institutional investors and hedge funds also recently modified their holdings of ALV. Fifth Third Wealth Advisors LLC boosted its position in shares of Autoliv by 4.3% during the third quarter. Fifth Third Wealth Advisors LLC now owns 2,127 shares of the auto parts company’s stock worth $238,000 after buying an additional 88 shares during the period. Oregon Public Employees Retirement Fund raised its position in Autoliv by 0.7% in the 1st quarter. Oregon Public Employees Retirement Fund now owns 14,096 shares of the auto parts company’s stock valued at $1,482,000 after buying an additional 100 shares during the last quarter. James T. Borello RIA raised its position in Autoliv by 0.7% in the 3rd quarter. James T. Borello RIA now owns 13,746 shares of the auto parts company’s stock valued at $1,538,000 after buying an additional 100 shares during the last quarter. GAMMA Investing LLC lifted its stake in Autoliv by 16.5% in the 2nd quarter. GAMMA Investing LLC now owns 988 shares of the auto parts company’s stock valued at $115,000 after acquiring an additional 140 shares in the last quarter. Finally, Quadrant Capital Group LLC lifted its stake in Autoliv by 6.7% in the 3rd quarter. Quadrant Capital Group LLC now owns 2,763 shares of the auto parts company’s stock valued at $314,000 after acquiring an additional 173 shares in the last quarter. 69.57% of the stock is owned by institutional investors and hedge funds.
Analyst Ratings Changes
A number of equities analysts have weighed in on the company. Royal Bank Of Canada reduced their price target on Autoliv from $147.00 to $146.00 and set an “outperform” rating for the company in a research report on Monday, October 12th. Weiss Ratings downgraded shares of Autoliv from a “buy (b)” rating to a “buy (b-)” rating in a report on Friday, October 23rd. Wolfe Research lowered shares of Autoliv from an “outperform” rating to a “peer perform” rating in a research report on Wednesday, September 23rd. TD Cowen lowered shares of Autoliv from a “buy” rating to a “hold” rating and cut their price objective for the stock from $148.00 to $137.00 in a research report on Tuesday, September 8th. Finally, Jefferies Financial Group reduced their target price on shares of Autoliv from $134.00 to $119.00 and set a “hold” rating for the company in a report on Tuesday, September 22nd. Six analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat, Autoliv has a consensus rating of “Moderate Buy” and an average target price of $134.92.
Check Out Our Latest Stock Analysis on ALV
Autoliv Price Performance
Shares of NYSE ALV opened at $124.56 on Tuesday. The stock has a market capitalization of $8.97 billion, a price-to-earnings ratio of 14.93, a PEG ratio of 1.05 and a beta of 1.36. The business has a 50-day moving average of $117.15 and a 200-day moving average of $118.26. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.02 and a quick ratio of 0.76. Autoliv, Inc. has a fifty-two week low of $99.16 and a fifty-two week high of $132.17.
Autoliv (NYSE:ALV – Get Free Report) last released its earnings results on Friday, October 23rd. The auto parts company reported $2.19 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.23 by ($0.04). Autoliv had a return on equity of 28.89% and a net margin of 5.62%. The company had revenue of $2.69 billion for the quarter, compared to the consensus estimate of $2.73 billion. During the same quarter in the previous year, the company posted $2.32 EPS. The business’s revenue was down .5% on a year-over-year basis. As a group, sell-side analysts predict that Autoliv, Inc. will post 9.98 earnings per share for the current fiscal year.
Autoliv Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Wednesday, December 9th. Shareholders of record on Friday, November 20th will be paid a $0.87 dividend. This represents a $3.48 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date is Friday, November 20th. Autoliv’s dividend payout ratio (DPR) is currently 41.73%.
Autoliv Profile
Autoliv, Inc develops and manufactures automotive safety systems and components for vehicle manufacturers around the world. Its products include airbags, seatbelts, steering wheels, inflators and related restraint-system components designed to help protect vehicle occupants in a crash.
The company also develops safety solutions such as pedestrian-protection systems and works on technologies intended to improve vehicle safety. Its products are supplied to automakers across global markets, with manufacturing and engineering operations in multiple countries.
Autoliv’s roots date to 1953 in Sweden, and the company took its current form in 1997 through the merger of Autoliv AB and Morton ASP.
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