Perpetual Ltd Has $583,000 Stock Holdings in Autoliv, Inc. (NYSE:ALV)

Perpetual Ltd raised its stake in shares of Autoliv, Inc. (NYSE:ALV) by 130.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 6,221 shares of the auto parts company’s stock after purchasing an additional 3,521 shares during the quarter. Perpetual Ltd’s holdings in Autoliv were worth $583,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently added to or reduced their stakes in ALV. JPMorgan Chase & Co. boosted its stake in Autoliv by 38.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 276,315 shares of the auto parts company’s stock valued at $25,800,000 after buying an additional 76,510 shares in the last quarter. Geode Capital Management LLC lifted its holdings in shares of Autoliv by 10.8% during the third quarter. Geode Capital Management LLC now owns 987,375 shares of the auto parts company’s stock valued at $92,221,000 after acquiring an additional 95,888 shares during the period. Quantbot Technologies LP boosted its stake in shares of Autoliv by 1,437.4% in the 3rd quarter. Quantbot Technologies LP now owns 51,994 shares of the auto parts company’s stock valued at $4,855,000 after purchasing an additional 48,612 shares in the last quarter. HITE Hedge Asset Management LLC grew its holdings in shares of Autoliv by 32.9% in the 3rd quarter. HITE Hedge Asset Management LLC now owns 135,424 shares of the auto parts company’s stock worth $12,645,000 after purchasing an additional 33,490 shares during the last quarter. Finally, Barclays PLC increased its position in shares of Autoliv by 41.5% during the 3rd quarter. Barclays PLC now owns 30,216 shares of the auto parts company’s stock worth $2,821,000 after purchasing an additional 8,859 shares in the last quarter. 69.57% of the stock is owned by institutional investors and hedge funds.

Autoliv Stock Up 0.1 %

NYSE:ALV opened at $99.46 on Thursday. The stock has a 50-day simple moving average of $96.22 and a 200 day simple moving average of $97.35. Autoliv, Inc. has a 52-week low of $89.51 and a 52-week high of $129.38. The company has a market cap of $7.73 billion, a PE ratio of 12.95, a PEG ratio of 0.72 and a beta of 1.59. 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 Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, December 19th. Stockholders of record on Tuesday, December 3rd were issued a $0.70 dividend. The ex-dividend date of this dividend was Tuesday, December 3rd. This is an increase from Autoliv’s previous quarterly dividend of $0.68. This represents a $2.80 dividend on an annualized basis and a dividend yield of 2.82%. Autoliv’s dividend payout ratio (DPR) is 36.46%.

Analyst Ratings Changes

Several analysts have weighed in on the stock. StockNews.com raised shares of Autoliv from a “hold” rating to a “buy” rating in a research note on Thursday. Daiwa Capital Markets upgraded Autoliv from a “neutral” rating to an “outperform” rating and set a $109.00 price target on the stock in a research report on Tuesday, January 7th. Bank of America reduced their price objective on Autoliv from $137.00 to $134.00 and set a “buy” rating on the stock in a research note on Thursday, October 3rd. Robert W. Baird increased their target price on Autoliv from $103.00 to $108.00 and gave the stock a “neutral” rating in a report on Monday, October 21st. Finally, Wells Fargo & Company cut their price target on Autoliv from $101.00 to $97.00 and set an “equal weight” rating for the company in a report on Monday, December 16th. Six equities research analysts have rated the stock with a hold rating, nine have assigned a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat, Autoliv presently has an average rating of “Moderate Buy” and a consensus target price of $121.62.

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.