Impax Asset Management Group plc Has $6.43 Million Stake in Autoliv, Inc. (NYSE:ALV)

Impax Asset Management Group plc grew its position in Autoliv, Inc. (NYSE:ALV - Free Report) by 24.2% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 68,848 shares of the auto parts company's stock after buying an additional 13,400 shares during the period. Impax Asset Management Group plc owned 0.09% of Autoliv worth $6,428,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. GAMMA Investing LLC raised its holdings in Autoliv by 62.7% during the 2nd quarter. GAMMA Investing LLC now owns 262 shares of the auto parts company's stock worth $28,000 after purchasing an additional 101 shares during the last quarter. Quarry LP raised its stake in shares of Autoliv by 133.5% during the second quarter. Quarry LP now owns 362 shares of the auto parts company's stock worth $39,000 after buying an additional 207 shares during the last quarter. Benjamin F. Edwards & Company Inc. lifted its holdings in Autoliv by 14.0% in the second 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 during the period. Picton Mahoney Asset Management bought a new position in Autoliv in the second quarter valued at approximately $156,000. Finally, Wahed Invest LLC raised its position in shares of Autoliv by 13.6% during the 1st quarter. Wahed Invest LLC now owns 1,452 shares of the auto parts company's stock valued at $175,000 after acquiring an additional 174 shares during the last quarter. Institutional investors own 69.57% of the company's stock.

Autoliv Stock Down 0.5 %

NYSE ALV traded down $0.45 during trading hours on Friday, hitting $97.95. 617,508 shares of the company traded hands, compared to its average volume of 705,837. The company has a debt-to-equity ratio of 0.69, a quick ratio of 0.71 and a current ratio of 0.96. The business's 50-day moving average is $95.39 and its 200-day moving average is $104.83. The stock has a market capitalization of $7.71 billion, a price-to-earnings ratio of 12.76, a P/E/G ratio of 0.91 and a beta of 1.59. Autoliv, Inc. has a twelve month low of $89.51 and a twelve month high of $129.38.

Autoliv (NYSE:ALV - Get Free Report) 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 the consensus estimate of $2.00 by ($0.16). The firm had revenue of $2.56 billion for the quarter, compared to the consensus estimate of $2.52 billion. Autoliv had a return on equity of 30.85% and a net margin of 5.98%. The business's revenue was down 1.6% compared to the same quarter last year. During the same period last year, the company posted $1.66 earnings per share. Sell-side analysts anticipate that Autoliv, Inc. will post 8.19 earnings per share for the current year.

Autoliv Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 19th. Stockholders of record on Tuesday, December 3rd will be paid a dividend of $0.70 per share. This is an increase from Autoliv's previous quarterly dividend of $0.68. This represents a $2.80 annualized dividend and a dividend yield of 2.86%. The ex-dividend date of this dividend is Tuesday, December 3rd. Autoliv's payout ratio is currently 35.42%.

Analyst Ratings Changes

A number of equities research analysts recently commented on ALV shares. Bank of America decreased 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. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and issued a $116.00 target price on shares of Autoliv in a research note on Tuesday, September 10th. Wolfe Research began coverage on shares of Autoliv in a research report on Thursday, September 5th. They set an "outperform" rating and a $120.00 price target on the stock. Wells Fargo & Company decreased their price target on shares of Autoliv from $102.00 to $101.00 and set an "equal weight" rating for the company in a report on Monday, October 21st. Finally, StockNews.com upgraded Autoliv from a "hold" rating to a "buy" rating in a report on Friday, November 8th. Six research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target 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.