Autoliv, Inc. (NYSE:ALV) Shares Purchased by Quantbot Technologies LP

Quantbot Technologies LP boosted its holdings in Autoliv, Inc. (NYSE:ALV) by 1,437.4% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 51,994 shares of the auto parts company’s stock after buying an additional 48,612 shares during the quarter. Quantbot Technologies LP owned approximately 0.07% of Autoliv worth $4,855,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. GAMMA Investing LLC increased its holdings in shares of Autoliv by 62.7% in the 2nd quarter. GAMMA Investing LLC now owns 262 shares of the auto parts company’s stock valued at $28,000 after acquiring an additional 101 shares during the last quarter. Quarry LP boosted its holdings in Autoliv by 133.5% in the second quarter. Quarry LP now owns 362 shares of the auto parts company’s stock valued at $39,000 after purchasing an additional 207 shares in the last quarter. Benjamin F. Edwards & Company Inc. increased its holdings in shares of Autoliv by 14.0% in the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 954 shares of the auto parts company’s stock valued at $102,000 after acquiring an additional 117 shares during the period. Wahed Invest LLC boosted its stake in Autoliv by 13.6% during the 1st quarter. Wahed Invest LLC now owns 1,452 shares of the auto parts company’s stock worth $175,000 after purchasing an additional 174 shares during the period. Finally, Picton Mahoney Asset Management purchased a new position in Autoliv during the 2nd quarter worth $156,000. 69.57% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on ALV shares. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $116.00 target price on shares of Autoliv in a research note on Tuesday, September 10th. StockNews.com raised Autoliv from a “hold” rating to a “buy” rating in a research report on Friday, November 8th. Wells Fargo & Company dropped their target price on Autoliv from $102.00 to $101.00 and set an “equal weight” rating on the stock in a report on Monday, October 21st. Bank of America decreased their price target on Autoliv from $137.00 to $134.00 and set a “buy” rating for the company in a report on Thursday, October 3rd. Finally, Wolfe Research assumed coverage on shares of Autoliv in a research note on Thursday, September 5th. They issued an “outperform” rating and a $120.00 price objective on the stock. Six research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $122.77.

Autoliv Stock Down 2.2 %

Shares of NYSE ALV opened at $99.29 on Wednesday. The stock has a market capitalization of $7.82 billion, a price-to-earnings ratio of 12.93, a price-to-earnings-growth ratio of 0.89 and a beta of 1.59. Autoliv, Inc. has a 52 week low of $89.51 and a 52 week high of $129.38. The firm has a 50-day moving average price of $95.76 and a 200 day moving average price of $103.54. The company has a quick ratio of 0.71, a current ratio of 0.96 and a debt-to-equity ratio of 0.69.

Autoliv (NYSE:ALV) last posted its quarterly earnings results on Friday, October 18th. The auto parts company reported $1.84 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.00 by ($0.16). The company had revenue of $2.56 billion for the quarter, compared to analyst estimates of $2.52 billion. Autoliv had a net margin of 5.98% and a return on equity of 30.85%. Autoliv’s revenue was down 1.6% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.66 earnings per share. Equities research analysts anticipate that Autoliv, Inc. will post 8.19 EPS for the current fiscal year.

Autoliv Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 19th. Shareholders of record on Tuesday, December 3rd will be given a dividend of $0.70 per share. This represents a $2.80 dividend on an annualized basis and a yield of 2.82%. This is an increase from Autoliv’s previous quarterly dividend of $0.68. The ex-dividend date is Tuesday, December 3rd. Autoliv’s payout ratio is presently 36.46%.

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.