Northstar Advisory Group LLC Invests $1.48 Million in Autoliv, Inc. $ALV

Northstar Advisory Group LLC acquired a new stake in Autoliv, Inc. (NYSE:ALV) during the third quarter, HoldingsChannel reports. The fund acquired 12,014 shares of the auto parts company’s stock, valued at approximately $1,484,000.

Other institutional investors also recently bought and sold shares of the company. Nordea Investment Management AB acquired a new stake in shares of Autoliv in the 3rd quarter worth $7,697,000. Lancaster Investment Management increased its stake in shares of Autoliv by 1.1% during the second quarter. Lancaster Investment Management now owns 913,060 shares of the auto parts company’s stock worth $102,171,000 after acquiring an additional 9,523 shares during the period. Sumitomo Mitsui Trust Group Inc. raised its holdings in Autoliv by 6.0% during the second quarter. Sumitomo Mitsui Trust Group Inc. now owns 5,558 shares of the auto parts company’s stock worth $622,000 after purchasing an additional 316 shares in the last quarter. Asset Management One Co. Ltd. lifted its position in Autoliv by 17.1% in the third quarter. Asset Management One Co. Ltd. now owns 88,535 shares of the auto parts company’s stock valued at $10,934,000 after purchasing an additional 12,944 shares during the period. Finally, Occudo Quantitative Strategies LP lifted its position in Autoliv by 129.2% in the second quarter. Occudo Quantitative Strategies LP now owns 28,012 shares of the auto parts company’s stock valued at $3,135,000 after purchasing an additional 15,790 shares during the period. 69.57% of the stock is owned by institutional investors and hedge funds.

Autoliv Price Performance

Autoliv stock opened at $127.13 on Tuesday. The stock has a market capitalization of $9.66 billion, a P/E ratio of 13.13, a P/E/G ratio of 0.79 and a beta of 1.32. Autoliv, Inc. has a 12-month low of $75.49 and a 12-month high of $130.14. The company has a debt-to-equity ratio of 0.54, a current ratio of 0.95 and a quick ratio of 0.70. The firm’s 50-day moving average is $121.12 and its two-hundred day moving average is $120.43.

Autoliv Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, December 10th. Shareholders of record on Friday, November 21st were paid a $0.87 dividend. This represents a $3.48 annualized dividend and a yield of 2.7%. The ex-dividend date of this dividend was Friday, November 21st. This is an increase from Autoliv’s previous quarterly dividend of $0.85. Autoliv’s dividend payout ratio is presently 35.95%.

Analyst Ratings Changes

Several research firms have issued reports on ALV. Evercore ISI boosted their target price on Autoliv from $140.00 to $150.00 and gave the stock an “outperform” rating in a research report on Monday, November 24th. Deutsche Bank Aktiengesellschaft set a $133.00 price target on Autoliv in a research note on Friday, October 10th. Morgan Stanley set a $140.00 price objective on Autoliv in a research report on Wednesday, November 26th. UBS Group reissued an “outperform” rating on shares of Autoliv in a report on Monday, October 20th. Finally, Berenberg Bank set a $134.00 price target on shares of Autoliv in a research report on Tuesday, October 21st. Ten research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $133.00.

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.