Autoliv Inc. (ALV) Position Boosted by Phoenix Investment Adviser LLC
Phoenix Investment Adviser LLC lifted its position in shares of Autoliv Inc. (NYSE:ALV) by 25.0% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 10,000 shares of the auto parts company’s stock after buying an additional 2,000 shares during the period. Autoliv accounts for approximately 1.2% of Phoenix Investment Adviser LLC’s portfolio, making the stock its 11th largest holding. Phoenix Investment Adviser LLC’s holdings in Autoliv were worth $1,271,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also recently made changes to their positions in ALV. Toronto Dominion Bank lifted its stake in shares of Autoliv by 11.7% during the second quarter. Toronto Dominion Bank now owns 1,085 shares of the auto parts company’s stock valued at $119,000 after buying an additional 114 shares during the period. Victory Capital Management Inc. lifted its stake in shares of Autoliv by 43.9% during the second quarter. Victory Capital Management Inc. now owns 1,356 shares of the auto parts company’s stock valued at $149,000 after buying an additional 414 shares during the period. Teachers Advisors LLC lifted its stake in shares of Autoliv by 288.3% during the second quarter. Teachers Advisors LLC now owns 1,425 shares of the auto parts company’s stock valued at $156,000 after buying an additional 1,058 shares during the period. JPMorgan Chase & Co. lifted its stake in shares of Autoliv by 9.8% during the second quarter. JPMorgan Chase & Co. now owns 1,920 shares of the auto parts company’s stock valued at $210,000 after buying an additional 171 shares during the period. Finally, ARP Americas LLC acquired a new position in Autoliv during the third quarter worth approximately $235,000. 33.43% of the stock is currently owned by institutional investors and hedge funds.
Several brokerages recently commented on ALV. Guggenheim reaffirmed a “hold” rating and set a $135.00 price target on shares of Autoliv in a research report on Wednesday, January 10th. Robert W. Baird reaffirmed a “hold” rating and set a $137.00 price target on shares of Autoliv in a research report on Tuesday, January 9th. Longbow Research began coverage on shares of Autoliv in a research report on Friday, January 5th. They set a “buy” rating and a $155.00 price target for the company. Piper Jaffray Companies set a $124.00 price target on shares of Autoliv and gave the stock a “hold” rating in a research report on Friday, December 8th. Finally, Mizuho reaffirmed a “buy” rating and set a $140.00 price target on shares of Autoliv in a research report on Monday, December 11th. Four analysts have rated the stock with a sell rating, ten have issued a hold rating and eleven have issued a buy rating to the company. Autoliv presently has a consensus rating of “Hold” and a consensus target price of $115.20.
Autoliv Inc. (NYSE ALV) traded up $0.76 during trading on Friday, hitting $136.44. 358,658 shares of the stock traded hands, compared to its average volume of 420,354. Autoliv Inc. has a 52 week low of $96.08 and a 52 week high of $137.36. The firm has a market capitalization of $11,840.00, a price-to-earnings ratio of 23.52, a P/E/G ratio of 2.36 and a beta of 1.11. The company has a quick ratio of 1.23, a current ratio of 1.55 and a debt-to-equity ratio of 0.31.
Autoliv (NYSE:ALV) last released its quarterly earnings data on Thursday, October 26th. The auto parts company reported $1.47 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.33 by $0.14. Autoliv had a net margin of 4.96% and a return on equity of 13.42%. The company had revenue of $2.50 billion during the quarter, compared to analyst estimates of $2.50 billion. During the same quarter in the prior year, the business earned $1.63 earnings per share. The business’s quarterly revenue was up 1.6% compared to the same quarter last year. sell-side analysts forecast that Autoliv Inc. will post 6.27 earnings per share for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 8th. Stockholders of record on Thursday, February 22nd will be given a $0.60 dividend. This represents a $2.40 annualized dividend and a dividend yield of 1.76%. The ex-dividend date of this dividend is Wednesday, February 21st. Autoliv’s payout ratio is currently 41.38%.
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Autoliv, Inc is a supplier of automotive safety systems with a range of product offerings, including passive safety systems and active safety systems. The Company operates through two segments: Passive Safety and Electronics. The Passive safety products include modules and components for passenger and driver-side airbags, side-impact airbag protection systems, seatbelts, steering wheels, inflator technologies, whiplash protection systems and child seats, and components for such systems, as well as passive safety electronic products, such as restraint electronics and crash sensors.
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