Jane Street Group LLC Grows Stock Position in Autoliv, Inc. (NYSE:ALV)

Jane Street Group LLC boosted its holdings in Autoliv, Inc. (NYSE:ALV - Free Report) by 94.2% during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 210,989 shares of the auto parts company's stock after acquiring an additional 102,362 shares during the quarter. Jane Street Group LLC owned 0.27% of Autoliv worth $19,700,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in ALV. Cetera Advisors LLC lifted its stake in Autoliv by 44.2% during the 1st quarter. Cetera Advisors LLC now owns 4,199 shares of the auto parts company's stock valued at $506,000 after acquiring an additional 1,287 shares in the last quarter. GAMMA Investing LLC lifted its position in shares of Autoliv by 62.7% during the second quarter. GAMMA Investing LLC now owns 262 shares of the auto parts company's stock valued at $28,000 after purchasing an additional 101 shares in the last quarter. SG Americas Securities LLC boosted its holdings in Autoliv by 13.5% during the second quarter. SG Americas Securities LLC now owns 3,446 shares of the auto parts company's stock worth $369,000 after purchasing an additional 409 shares during the last quarter. M&G Plc grew its position in Autoliv by 4.9% in the 2nd quarter. M&G Plc now owns 12,501 shares of the auto parts company's stock worth $1,338,000 after purchasing an additional 579 shares in the last quarter. Finally, AdvisorNet Financial Inc increased its stake in Autoliv by 6.0% in the 2nd quarter. AdvisorNet Financial Inc now owns 9,649 shares of the auto parts company's stock valued at $1,032,000 after buying an additional 544 shares during the last quarter. Institutional investors and hedge funds own 69.57% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on the company. Bank of America cut their target price on 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 assumed coverage on shares of Autoliv in a research report on Thursday, September 5th. They set an "outperform" rating and a $120.00 price target for the company. StockNews.com raised shares of Autoliv from a "hold" rating to a "buy" rating in a research report on Thursday, December 5th. Barclays reduced their target price on shares of Autoliv from $115.00 to $110.00 and set an "equal weight" rating for the company in a research report on Tuesday, October 15th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and issued a $116.00 price target on shares of Autoliv in a report on Tuesday, September 10th. Six investment 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 company. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $122.77.

Autoliv Stock Performance

Shares of NYSE:ALV traded up $1.36 during midday trading on Tuesday, reaching $99.21. 646,074 shares of the company traded hands, compared to its average volume of 703,956. The firm's fifty day moving average price is $96.62 and its two-hundred day moving average price is $101.68. The firm has a market capitalization of $7.81 billion, a price-to-earnings ratio of 12.74, a price-to-earnings-growth ratio of 0.88 and a beta of 1.59. 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, Inc. has a 12 month low of $89.51 and a 12 month high of $129.38.

Autoliv (NYSE:ALV - Get Free Report) last issued its quarterly earnings data on Friday, October 18th. The auto parts company reported $1.84 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 analysts' expectations 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 period in the prior year, the firm posted $1.66 EPS. On average, equities analysts expect that Autoliv, Inc. will post 8.19 earnings per share for the current year.

Autoliv Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 19th. Stockholders of record on Tuesday, December 3rd will be given a dividend of $0.70 per share. The ex-dividend date of this dividend is Tuesday, December 3rd. This represents a $2.80 annualized dividend and a dividend yield of 2.82%. This is a boost from Autoliv's previous quarterly dividend of $0.68. Autoliv's dividend payout ratio (DPR) is 36.46%.

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.