Universal Beteiligungs und Servicegesellschaft mbH Grows Position in Autoliv, Inc. $ALV

Universal Beteiligungs und Servicegesellschaft mbH increased its holdings in Autoliv, Inc. (NYSE:ALV) by 38.1% in the 3rd quarter, according to its most recent filing with the SEC. The institutional investor owned 57,904 shares of the auto parts company’s stock after buying an additional 15,971 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH owned about 0.08% of Autoliv worth $7,151,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Norges Bank bought a new stake in shares of Autoliv in the second quarter worth approximately $110,368,000. Invesco Ltd. boosted its holdings in Autoliv by 334.1% in the second quarter. Invesco Ltd. now owns 644,818 shares of the auto parts company’s stock worth $72,155,000 after purchasing an additional 496,261 shares during the last quarter. LSV Asset Management grew its position in Autoliv by 83.3% in the 2nd quarter. LSV Asset Management now owns 1,020,082 shares of the auto parts company’s stock worth $114,147,000 after purchasing an additional 463,449 shares during the period. Hennessy Advisors Inc. purchased a new stake in Autoliv during the 3rd quarter valued at $41,163,000. Finally, Balyasny Asset Management L.P. bought a new position in shares of Autoliv during the 2nd quarter valued at $34,816,000. Institutional investors own 69.57% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts recently commented on the company. Deutsche Bank Aktiengesellschaft set a $133.00 price objective on Autoliv in a report on Friday, October 10th. UBS Group restated an “outperform” rating on shares of Autoliv in a research note on Monday, October 20th. Wells Fargo & Company lowered their price objective on shares of Autoliv from $129.00 to $125.00 and set an “equal weight” rating on the stock in a research note on Tuesday, December 9th. JPMorgan Chase & Co. raised shares of Autoliv from a “neutral” rating to an “overweight” rating and raised their price objective for the stock from $109.00 to $140.00 in a report on Wednesday, November 26th. Finally, TD Cowen reaffirmed a “buy” rating on shares of Autoliv in a report on Monday, October 20th. Ten research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $133.00.

Autoliv Trading Up 1.0%

Shares of NYSE:ALV opened at $126.96 on Monday. The stock has a 50 day moving average of $120.92 and a 200 day moving average of $120.36. The company has a market cap of $9.64 billion, a PE ratio of 13.12, a price-to-earnings-growth ratio of 0.79 and a beta of 1.32. The company has a current ratio of 0.95, a quick ratio of 0.70 and a debt-to-equity ratio of 0.54. Autoliv, Inc. has a 12-month low of $75.49 and a 12-month high of $130.14.

Autoliv Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 10th. Stockholders of record on Friday, November 21st were given a dividend of $0.87 per share. This represents a $3.48 annualized dividend and a dividend yield of 2.7%. The ex-dividend date was Friday, November 21st. This is a positive change from Autoliv’s previous quarterly dividend of $0.85. Autoliv’s payout ratio is 35.95%.

Autoliv Company Profile

Autoliv Inc (NYSE: ALV) is a leading global supplier of automotive safety systems, specializing in the design, development and manufacture of passive and active safety products. Its core product portfolio includes airbags, seatbelts, steering wheels, restraint control modules and pedestrian protection systems. In recent years, the company has also expanded into active safety technologies, offering radar, camera and sensor solutions that support advanced driver assistance systems (ADAS) and autonomous driving applications.

Founded in 1997 following the spin-off of Electrolux’s automotive safety business, Autoliv has evolved into a multinational organization with a presence in over 27 countries.