Susquehanna Fundamental Investments LLC Boosts Stock Position in Autoliv, Inc. (NYSE:ALV)

Susquehanna Fundamental Investments LLC lifted its position in Autoliv, Inc. (NYSE:ALV) by 86.3% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 17,700 shares of the auto parts company’s stock after buying an additional 8,200 shares during the quarter. Susquehanna Fundamental Investments LLC’s holdings in Autoliv were worth $1,894,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Corient Private Wealth LLC increased its holdings in Autoliv by 1.1% during the 4th quarter. Corient Private Wealth LLC now owns 9,490 shares of the auto parts company’s stock worth $1,046,000 after purchasing an additional 107 shares during the period. Hsbc Holdings PLC increased its holdings in Autoliv by 146.8% during the 4th quarter. Hsbc Holdings PLC now owns 61,242 shares of the auto parts company’s stock worth $6,748,000 after purchasing an additional 36,431 shares during the period. Parallel Advisors LLC increased its holdings in Autoliv by 83.8% during the 4th quarter. Parallel Advisors LLC now owns 489 shares of the auto parts company’s stock worth $54,000 after purchasing an additional 223 shares during the period. Allianz Asset Management GmbH increased its holdings in Autoliv by 12.4% during the 4th quarter. Allianz Asset Management GmbH now owns 29,828 shares of the auto parts company’s stock worth $3,287,000 after purchasing an additional 3,284 shares during the period. Finally, TFO Wealth Partners LLC increased its holdings in Autoliv by 15,425.0% during the 4th quarter. TFO Wealth Partners LLC now owns 621 shares of the auto parts company’s stock worth $68,000 after purchasing an additional 617 shares during the period. Hedge funds and other institutional investors own 69.57% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on ALV. Wolfe Research began coverage on Autoliv in a report on Thursday, September 5th. They set an “outperform” rating and a $120.00 price target on the stock. HSBC initiated coverage on Autoliv in a research report on Monday, July 15th. They set a “buy” rating and a $134.00 price objective for the company. Bank of America lowered their price objective on Autoliv from $145.00 to $133.00 and set a “buy” rating for the company in a research report on Monday, July 22nd. Citigroup lowered their price objective on Autoliv from $119.00 to $108.00 and set a “neutral” rating for the company in a research report on Monday, July 22nd. Finally, StockNews.com cut Autoliv from a “strong-buy” rating to a “buy” rating in a research report on Thursday, June 13th. Seven analysts have rated the stock with a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $124.71.

Autoliv Stock Down 2.1 %

Autoliv stock opened at $93.37 on Tuesday. Autoliv, Inc. has a twelve month low of $89.37 and a twelve month high of $129.38. The stock has a 50 day moving average of $97.45 and a two-hundred day moving average of $110.16. The company has a current ratio of 0.98, a quick ratio of 0.73 and a debt-to-equity ratio of 0.67. The stock has a market capitalization of $7.60 billion, a price-to-earnings ratio of 14.57, a PEG ratio of 0.68 and a beta of 1.60.

Autoliv (NYSE:ALV) last posted its quarterly earnings data on Friday, July 19th. The auto parts company reported $1.87 earnings per share for the quarter, missing analysts’ consensus estimates of $2.44 by ($0.57). Autoliv had a return on equity of 30.05% and a net margin of 5.91%. The company had revenue of $2.61 billion for the quarter, compared to analyst estimates of $2.73 billion. During the same period in the previous year, the business posted $1.93 earnings per share. The firm’s revenue was down 1.1% compared to the same quarter last year. As a group, research analysts expect that Autoliv, Inc. will post 8.61 earnings per share for the current year.

Autoliv Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, September 23rd. Stockholders of record on Wednesday, September 4th were paid a dividend of $0.68 per share. This represents a $2.72 dividend on an annualized basis and a dividend yield of 2.91%. The ex-dividend date was Wednesday, September 4th. Autoliv’s dividend payout ratio (DPR) is 42.43%.

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.