Perpetual Ltd Boosts Stake in Autoliv, Inc. (NYSE:ALV)

Perpetual Ltd lifted its holdings in Autoliv, Inc. (NYSE:ALV - Free Report) by 130.4% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 6,221 shares of the auto parts company's stock after purchasing an additional 3,521 shares during the period. Perpetual Ltd's holdings in Autoliv were worth $583,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in ALV. UMB Bank n.a. increased its stake in Autoliv by 139.5% during the fourth quarter. UMB Bank n.a. now owns 273 shares of the auto parts company's stock valued at $26,000 after acquiring an additional 159 shares during the period. Quarry LP boosted its holdings in Autoliv by 133.5% during the second quarter. Quarry LP now owns 362 shares of the auto parts company's stock valued at $39,000 after purchasing an additional 207 shares in the last quarter. Fred Alger Management LLC acquired a new stake in Autoliv during the third quarter valued at approximately $45,000. Benjamin F. Edwards & Company Inc. boosted its holdings in Autoliv by 14.0% during the second 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 in the last quarter. Finally, Farther Finance Advisors LLC boosted its holdings in shares of Autoliv by 2,115.5% in the 3rd quarter. Farther Finance Advisors LLC now owns 2,282 shares of the auto parts company's stock worth $213,000 after acquiring an additional 2,179 shares in the last quarter. 69.57% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on the company. Bank of America reduced their target price on Autoliv from $137.00 to $134.00 and set a "buy" rating on the stock in a report on Thursday, October 3rd. Robert W. Baird boosted 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. StockNews.com raised Autoliv from a "hold" rating to a "buy" rating in a report on Thursday. Daiwa America raised Autoliv from a "hold" rating to a "strong-buy" rating in a report on Tuesday, January 7th. Finally, Wells Fargo & Company reduced their target price on Autoliv from $101.00 to $97.00 and set an "equal weight" rating on the stock in a report on Monday, December 16th. Six analysts have rated the stock with a hold rating, nine have given a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, Autoliv presently has an average rating of "Moderate Buy" and a consensus price target of $121.62.

Autoliv Price Performance

Autoliv stock traded up $1.02 during mid-day trading on Thursday, reaching $100.51. The company had a trading volume of 217,144 shares, compared to its average volume of 571,397. The company has a market cap of $7.81 billion, a P/E ratio of 13.09, a P/E/G ratio of 0.73 and a beta of 1.59. The business has a fifty day simple moving average of $96.22 and a 200 day simple moving average of $97.35. The company has a current ratio of 0.96, a quick ratio of 0.71 and a debt-to-equity ratio of 0.69. Autoliv, Inc. has a fifty-two week low of $89.51 and a fifty-two week high of $129.38.

Autoliv Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, December 19th. Investors of record on Tuesday, December 3rd were issued a $0.70 dividend. This is a positive change from Autoliv's previous quarterly dividend of $0.68. The ex-dividend date was Tuesday, December 3rd. This represents a $2.80 annualized dividend and a yield of 2.79%. Autoliv's payout ratio is presently 36.46%.

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.