Autoliv, Inc. (NYSE:ALV) Short Interest Update

Autoliv, Inc. (NYSE:ALV - Get Free Report) was the recipient of a large decline in short interest in October. As of October 15th, there was short interest totalling 1,570,000 shares, a decline of 14.7% from the September 30th total of 1,840,000 shares. Currently, 2.0% of the company's stock are short sold. Based on an average trading volume of 848,400 shares, the short-interest ratio is presently 1.9 days.

Autoliv Price Performance

NYSE ALV traded down $1.04 during trading hours on Tuesday, hitting $96.04. 686,074 shares of the company's stock traded hands, compared to its average volume of 703,238. The company has a market capitalization of $7.82 billion, a PE ratio of 14.98, a PEG ratio of 0.82 and a beta of 1.60. The company has a debt-to-equity ratio of 0.67, a current ratio of 0.98 and a quick ratio of 0.73. Autoliv has a 52-week low of $89.37 and a 52-week high of $129.38. The firm's 50-day moving average is $96.19 and its 200-day moving average is $106.45.

Autoliv (NYSE:ALV - Get Free Report) last posted its quarterly earnings results 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 company had revenue of $2.56 billion during the quarter, compared to analyst estimates of $2.52 billion. Autoliv had a net margin of 5.91% and a return on equity of 30.05%. Autoliv's revenue for the quarter was down 1.6% compared to the same quarter last year. During the same period in the prior year, the business posted $1.66 EPS. Equities analysts forecast that Autoliv will post 8.44 EPS for the current fiscal year.

Autoliv Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 23rd. Investors of record on Wednesday, September 4th were issued a $0.68 dividend. This represents a $2.72 dividend on an annualized basis and a dividend yield of 2.83%. The ex-dividend date was Wednesday, September 4th. Autoliv's dividend payout ratio is currently 42.43%.

Institutional Investors Weigh In On Autoliv

Several hedge funds and other institutional investors have recently bought and sold shares of the company. GAMMA Investing LLC grew its stake in shares of Autoliv by 62.7% in the 2nd 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 during the period. Quarry LP increased its stake in 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 acquiring an additional 207 shares during the last quarter. Headlands Technologies LLC raised its position in Autoliv by 427.6% in the first quarter. Headlands Technologies LLC now owns 823 shares of the auto parts company's stock valued at $99,000 after purchasing an additional 667 shares during the period. Benjamin F. Edwards & Company Inc. lifted its stake 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 purchasing an additional 117 shares during the last quarter. Finally, Smithfield Trust Co grew its holdings in shares of Autoliv by 12.1% during the 1st quarter. Smithfield Trust Co now owns 1,330 shares of the auto parts company's stock worth $160,000 after purchasing an additional 144 shares during the period. 69.57% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research firms have commented on ALV. Evercore ISI decreased their price target on shares of Autoliv from $150.00 to $140.00 and set an "outperform" rating for the company in a research report on Monday, July 22nd. Barclays lowered 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 note on Tuesday, October 15th. HSBC began coverage on Autoliv in a research report on Monday, July 15th. They set a "buy" rating and a $134.00 price target on the stock. Hsbc Global Res raised Autoliv to a "strong-buy" rating in a research report on Monday, July 15th. Finally, StockNews.com lowered Autoliv from a "buy" rating to a "hold" rating in a research report on Monday, October 21st. Seven investment analysts have rated the stock with a hold rating, eight have given a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $122.77.

About Autoliv

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.