Autoliv, Inc. (NYSE:ALV) Stock Position Decreased by Public Sector Pension Investment Board

Public Sector Pension Investment Board trimmed its holdings in shares of Autoliv, Inc. (NYSE:ALV - Free Report) by 58.6% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 402,004 shares of the auto parts company's stock after selling 569,700 shares during the quarter. Public Sector Pension Investment Board owned 0.51% of Autoliv worth $37,535,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of the business. GAMMA Investing LLC raised its position in shares of Autoliv by 62.7% during the 2nd quarter. GAMMA Investing LLC now owns 262 shares of the auto parts company's stock valued at $28,000 after acquiring an additional 101 shares in the last quarter. Benjamin F. Edwards & Company Inc. increased its stake 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 during the last quarter. Vanguard Personalized Indexing Management LLC raised its holdings in shares of Autoliv by 2.0% during the second quarter. Vanguard Personalized Indexing Management LLC now owns 7,953 shares of the auto parts company's stock worth $851,000 after purchasing an additional 156 shares during the period. Victory Capital Management Inc. lifted its position in shares of Autoliv by 2.9% in the 2nd quarter. Victory Capital Management Inc. now owns 5,765 shares of the auto parts company's stock worth $617,000 after buying an additional 162 shares during the last quarter. Finally, Wahed Invest LLC lifted its position in shares of Autoliv by 13.6% in the 1st quarter. Wahed Invest LLC now owns 1,452 shares of the auto parts company's stock worth $175,000 after buying an additional 174 shares during the last quarter. Institutional investors and hedge funds own 69.57% of the company's stock.

Autoliv Price Performance

Shares of NYSE:ALV traded down $0.69 during trading on Thursday, reaching $98.60. The company had a trading volume of 489,109 shares, compared to its average volume of 705,418. Autoliv, Inc. has a twelve month low of $89.51 and a twelve month high of $129.38. 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 firm has a market capitalization of $7.76 billion, a PE ratio of 12.84, a price-to-earnings-growth ratio of 0.91 and a beta of 1.59. The firm's fifty day moving average is $95.86 and its 200 day moving average is $103.33.

Autoliv (NYSE:ALV - Get Free Report) last issued its quarterly earnings results on Friday, October 18th. The auto parts company reported $1.84 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $2.00 by ($0.16). Autoliv had a net margin of 5.98% and a return on equity of 30.85%. The firm had revenue of $2.56 billion for the quarter, compared to the consensus estimate of $2.52 billion. During the same period in the previous year, the business posted $1.66 earnings per share. The business's revenue for the quarter was down 1.6% compared to the same quarter last year. On average, equities analysts forecast that Autoliv, Inc. will post 8.19 EPS for the current year.

Autoliv Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 19th. Shareholders of record on Tuesday, December 3rd will be given a $0.70 dividend. The ex-dividend date is Tuesday, December 3rd. This is a boost from Autoliv's previous quarterly dividend of $0.68. This represents a $2.80 annualized dividend and a yield of 2.84%. Autoliv's payout ratio is 35.42%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on the stock. Bank of America dropped 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. Wells Fargo & Company dropped their price target on Autoliv from $102.00 to $101.00 and set an "equal weight" rating on the stock in a research report on Monday, October 21st. Barclays reduced their price objective on Autoliv from $115.00 to $110.00 and set an "equal weight" rating for the company in a research report on Tuesday, October 15th. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and issued a $116.00 target price on shares of Autoliv in a research report on Tuesday, September 10th. Finally, Robert W. Baird boosted their price target on shares of Autoliv from $103.00 to $108.00 and gave the company a "neutral" rating in a report on Monday, October 21st. Seven analysts have rated the stock with a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $122.77.

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.