Impax Asset Management Group plc Has $7.07 Million Stake in Autoliv, Inc. (NYSE:ALV)

Impax Asset Management Group plc boosted its holdings in shares of Autoliv, Inc. (NYSE:ALV) by 9.5% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 75,405 shares of the auto parts company’s stock after buying an additional 6,557 shares during the quarter. Impax Asset Management Group plc owned about 0.10% of Autoliv worth $7,072,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of ALV. UMB Bank n.a. increased its position in Autoliv by 139.5% during the fourth quarter. UMB Bank n.a. now owns 273 shares of the auto parts company’s stock worth $26,000 after buying an additional 159 shares during the last quarter. Fred Alger Management LLC acquired a new stake in shares of Autoliv in the third quarter valued at about $45,000. Farther Finance Advisors LLC grew its position in shares of Autoliv by 2,115.5% in the third quarter. Farther Finance Advisors LLC now owns 2,282 shares of the auto parts company’s stock valued at $213,000 after purchasing an additional 2,179 shares during the last quarter. CIBC Asset Management Inc grew its position in shares of Autoliv by 5.2% in the fourth quarter. CIBC Asset Management Inc now owns 2,501 shares of the auto parts company’s stock valued at $235,000 after purchasing an additional 124 shares during the last quarter. Finally, Blueshift Asset Management LLC grew its position in shares of Autoliv by 14.6% in the third quarter. Blueshift Asset Management LLC now owns 2,629 shares of the auto parts company’s stock valued at $245,000 after purchasing an additional 334 shares during the last quarter. 69.57% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on ALV. Pareto Securities downgraded Autoliv to a “hold” rating in a research report on Monday, February 3rd. Mizuho lowered their price target on Autoliv from $115.00 to $112.00 and set an “outperform” rating on the stock in a research report on Monday, February 3rd. StockNews.com raised Autoliv from a “hold” rating to a “buy” rating in a research report on Thursday, January 23rd. Wells Fargo & Company lowered their price target on Autoliv from $101.00 to $97.00 and set an “equal weight” rating on the stock in a research report on Monday, December 16th. Finally, HSBC downgraded Autoliv from a “buy” rating to a “hold” rating and lowered their price target for the company from $109.00 to $100.00 in a research report on Tuesday, February 4th. Nine equities research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, Autoliv presently has a consensus rating of “Moderate Buy” and a consensus price target of $117.23.

Autoliv Stock Up 0.9 %

Shares of ALV opened at $98.26 on Tuesday. The stock has a market cap of $7.64 billion, a price-to-earnings ratio of 12.18, a P/E/G ratio of 0.73 and a beta of 1.58. The company has a quick ratio of 0.71, a current ratio of 0.96 and a debt-to-equity ratio of 0.67. Autoliv, Inc. has a 12 month low of $89.51 and a 12 month high of $129.38. The company has a 50-day moving average price of $95.80 and a two-hundred day moving average price of $96.58.

Autoliv (NYSE:ALV) last announced its quarterly earnings results on Friday, January 31st. The auto parts company reported $3.05 EPS for the quarter, topping analysts’ consensus estimates of $2.84 by $0.21. Autoliv had a net margin of 6.21% and a return on equity of 28.62%. Equities analysts predict that Autoliv, Inc. will post 9.51 EPS for the current fiscal year.

Autoliv Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 24th. Shareholders of record on Friday, March 7th will be paid a dividend of $0.70 per share. This represents a $2.80 dividend on an annualized basis and a yield of 2.85%. The ex-dividend date of this dividend is Friday, March 7th. Autoliv’s dividend payout ratio is 34.70%.

Autoliv Company Profile

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.