GSA Capital Partners LLP Boosts Stock Holdings in Autoliv, Inc. (NYSE:ALV)

GSA Capital Partners LLP boosted its position in shares of Autoliv, Inc. (NYSE:ALV) by 33.7% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 19,378 shares of the auto parts company’s stock after buying an additional 4,886 shares during the period. GSA Capital Partners LLP’s holdings in Autoliv were worth $1,809,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Silvercrest Asset Management Group LLC increased its stake in Autoliv by 96.3% during the 1st quarter. Silvercrest Asset Management Group LLC now owns 28,682 shares of the auto parts company’s stock worth $3,454,000 after buying an additional 14,074 shares in the last quarter. M&G Plc purchased a new stake in Autoliv during the 1st quarter worth approximately $1,431,000. Swedbank AB increased its stake in Autoliv by 20.5% during the 2nd quarter. Swedbank AB now owns 2,362,040 shares of the auto parts company’s stock worth $252,715,000 after buying an additional 402,426 shares in the last quarter. BDF Gestion purchased a new stake in Autoliv during the 2nd quarter worth approximately $1,284,000. Finally, Marshall Wace LLP increased its stake in Autoliv by 35.8% during the 2nd quarter. Marshall Wace LLP now owns 272,793 shares of the auto parts company’s stock worth $29,186,000 after buying an additional 71,931 shares in the last quarter. 69.57% of the stock is currently owned by hedge funds and other institutional investors.

Autoliv Trading Down 0.4 %

ALV opened at $100.80 on Wednesday. Autoliv, Inc. has a one year low of $89.51 and a one year high of $129.38. The stock has a market capitalization of $7.94 billion, a PE ratio of 13.13, a P/E/G ratio of 0.89 and a beta of 1.59. The business’s 50 day moving average price is $95.34 and its 200 day moving average price is $105.06. The company has a debt-to-equity ratio of 0.69, a quick ratio of 0.71 and a current ratio of 0.96.

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

Autoliv Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, December 19th. Shareholders of record on Tuesday, December 3rd will be paid a dividend of $0.70 per share. This represents a $2.80 dividend on an annualized basis and a yield of 2.78%. This is a boost from Autoliv’s previous quarterly dividend of $0.68. The ex-dividend date is Tuesday, December 3rd. Autoliv’s dividend payout ratio is 35.42%.

Analyst Ratings Changes

Several research firms have commented on ALV. Bank of America cut their price objective on Autoliv from $137.00 to $134.00 and set a “buy” rating for the company in a research note on Thursday, October 3rd. Barclays dropped their price target on Autoliv from $115.00 to $110.00 and set an “equal weight” rating for the company in a research report on Tuesday, October 15th. Wolfe Research initiated coverage on Autoliv in a research report on Thursday, September 5th. They issued an “outperform” rating and a $120.00 price target for the company. Citigroup dropped their price target on Autoliv from $119.00 to $108.00 and set a “neutral” rating for the company in a research report on Monday, July 22nd. Finally, StockNews.com upgraded Autoliv from a “hold” rating to a “buy” rating in a research report on Friday, November 8th. Six analysts have rated the stock with a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $122.77.

Autoliv Company 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.