Universal Beteiligungs und Servicegesellschaft mbH Has $4.69 Million Position in Autoliv, Inc. $ALV

Universal Beteiligungs und Servicegesellschaft mbH increased its position in shares of Autoliv, Inc. (NYSE:ALV) by 1.1% in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 41,933 shares of the auto parts company’s stock after buying an additional 437 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH owned 0.05% of Autoliv worth $4,692,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Charles Schwab Investment Management Inc. boosted its position in Autoliv by 418.3% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 2,483,726 shares of the auto parts company’s stock worth $219,686,000 after acquiring an additional 2,004,515 shares during the last quarter. Swedbank AB lifted its position in shares of Autoliv by 26.3% in the second quarter. Swedbank AB now owns 2,397,735 shares of the auto parts company’s stock worth $268,307,000 after purchasing an additional 499,411 shares in the last quarter. Dimensional Fund Advisors LP lifted its position in shares of Autoliv by 14.4% in the first quarter. Dimensional Fund Advisors LP now owns 1,857,069 shares of the auto parts company’s stock worth $164,257,000 after purchasing an additional 233,469 shares in the last quarter. Massachusetts Financial Services Co. MA boosted its holdings in Autoliv by 26.0% during the second quarter. Massachusetts Financial Services Co. MA now owns 999,506 shares of the auto parts company’s stock worth $111,845,000 after purchasing an additional 206,200 shares during the last quarter. Finally, Lancaster Investment Management grew its position in Autoliv by 1.1% in the second quarter. Lancaster Investment Management now owns 913,060 shares of the auto parts company’s stock valued at $102,171,000 after purchasing an additional 9,523 shares in the last quarter. Institutional investors and hedge funds own 69.57% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on ALV shares. Barclays boosted their price target on shares of Autoliv from $135.00 to $150.00 and gave the stock an “overweight” rating in a research report on Friday, October 10th. Berenberg Bank set a $134.00 target price on Autoliv in a research report on Tuesday, October 21st. Weiss Ratings reiterated a “buy (b-)” rating on shares of Autoliv in a report on Thursday, November 13th. Wells Fargo & Company decreased their price target on Autoliv from $132.00 to $129.00 and set an “equal weight” rating for the company in a research note on Monday, October 20th. Finally, UBS Group reaffirmed an “outperform” rating on shares of Autoliv in a research report on Monday, October 20th. Two investment analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $128.00.

Autoliv Trading Up 3.5%

Autoliv stock opened at $116.63 on Friday. The stock has a 50-day simple moving average of $120.90 and a 200 day simple moving average of $115.66. The stock has a market capitalization of $8.86 billion, a P/E ratio of 12.05, a PEG ratio of 0.88 and a beta of 1.35. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.70 and a current ratio of 0.95. Autoliv, Inc. has a 52 week low of $75.49 and a 52 week high of $129.54.

Autoliv (NYSE:ALV) last released its quarterly earnings data on Friday, October 17th. The auto parts company reported $2.32 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.10 by $0.22. Autoliv had a return on equity of 31.22% and a net margin of 7.09%.The firm had revenue of $2.71 billion for the quarter, compared to analyst estimates of $2.66 billion. During the same quarter in the prior year, the company earned $1.84 earnings per share. The business’s revenue for the quarter was up 5.9% compared to the same quarter last year. Analysts expect that Autoliv, Inc. will post 9.51 earnings per share for the current year.

Autoliv Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 10th. Shareholders of record on Friday, November 21st will be given a dividend of $0.87 per share. This represents a $3.48 dividend on an annualized basis and a yield of 3.0%. This is a positive change from Autoliv’s previous quarterly dividend of $0.85. The ex-dividend date of this dividend is Friday, November 21st. Autoliv’s dividend payout ratio (DPR) is presently 35.95%.

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.