XTX Topco Ltd Has $1.31 Million Position in Autoliv, Inc. (NYSE:ALV)

XTX Topco Ltd lifted its holdings in shares of Autoliv, Inc. (NYSE:ALV - Free Report) by 58.2% in the third quarter, according to its most recent filing with the SEC. The firm owned 14,073 shares of the auto parts company's stock after acquiring an additional 5,177 shares during the period. XTX Topco Ltd's holdings in Autoliv were worth $1,314,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in ALV. GAMMA Investing LLC boosted its position in Autoliv by 62.7% in the second quarter. GAMMA Investing LLC now owns 262 shares of the auto parts company's stock valued at $28,000 after buying an additional 101 shares in the last quarter. Quarry LP lifted its stake 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 buying an additional 207 shares during the period. Fred Alger Management LLC bought a new stake in Autoliv in the third quarter valued at approximately $45,000. Benjamin F. Edwards & Company Inc. increased its position 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 buying an additional 117 shares in the last quarter. Finally, Picton Mahoney Asset Management acquired a new stake in shares of Autoliv during the second quarter worth about $156,000. Institutional investors own 69.57% of the company's stock.

Autoliv Price Performance

NYSE ALV traded up $0.54 during trading on Monday, hitting $97.85. 520,524 shares of the company's stock were exchanged, compared to its average volume of 704,199. The stock's 50 day moving average price is $96.62 and its two-hundred day moving average price is $101.68. Autoliv, Inc. has a fifty-two week low of $89.51 and a fifty-two week high of $129.38. The company has a current ratio of 0.96, a quick ratio of 0.71 and a debt-to-equity ratio of 0.69. The company has a market cap of $7.71 billion, a PE ratio of 12.74, a P/E/G ratio of 0.88 and a beta of 1.59.

Autoliv (NYSE:ALV - Get Free Report) last issued its quarterly earnings data on Friday, October 18th. The auto parts company reported $1.84 earnings per share 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 the consensus estimate of $2.52 billion. During the same quarter in the prior year, the firm earned $1.66 EPS. The company's revenue was down 1.6% on a year-over-year basis. Research analysts expect that Autoliv, Inc. will post 8.19 EPS for the current year.

Autoliv Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 19th. Investors of record on Tuesday, December 3rd will be paid a $0.70 dividend. This is a boost from Autoliv's previous quarterly dividend of $0.68. The ex-dividend date of this dividend is Tuesday, December 3rd. This represents a $2.80 annualized dividend and a dividend yield of 2.86%. Autoliv's payout ratio is currently 36.46%.

Analysts Set New Price Targets

ALV has been the topic of a number of research reports. Deutsche Bank Aktiengesellschaft restated a "buy" rating and issued a $116.00 price target on shares of Autoliv in a report on Tuesday, September 10th. Bank of America lowered their price objective on shares of Autoliv from $137.00 to $134.00 and set a "buy" rating on the stock in a research note on Thursday, October 3rd. Wolfe Research began coverage on Autoliv in a research note on Thursday, September 5th. They issued an "outperform" rating and a $120.00 price target on the stock. Robert W. Baird raised their price objective on shares of Autoliv from $103.00 to $108.00 and gave the stock a "neutral" rating in a research report on Monday, October 21st. Finally, StockNews.com raised Autoliv from a "hold" rating to a "buy" rating in a report on Thursday. Six analysts have rated the stock with a hold rating, nine have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, Autoliv has a consensus rating of "Moderate Buy" and a consensus 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.