Autoliv, Inc. $ALV Stock Holdings Boosted by Mitsubishi UFJ Trust & Banking Corp

Mitsubishi UFJ Trust & Banking Corp increased its position in shares of Autoliv, Inc. (NYSE:ALV) by 214.7% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 28,319 shares of the auto parts company’s stock after acquiring an additional 19,319 shares during the period. Mitsubishi UFJ Trust & Banking Corp’s holdings in Autoliv were worth $3,497,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Envestnet Portfolio Solutions Inc. purchased a new position in shares of Autoliv in the third quarter worth approximately $1,376,000. Teacher Retirement System of Texas boosted its stake in Autoliv by 300.6% in the 3rd quarter. Teacher Retirement System of Texas now owns 46,320 shares of the auto parts company’s stock worth $5,721,000 after purchasing an additional 34,758 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH grew its position in Autoliv by 38.1% during the 3rd quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 57,904 shares of the auto parts company’s stock worth $7,151,000 after purchasing an additional 15,971 shares in the last quarter. Root Financial Partners LLC acquired a new stake in Autoliv during the 3rd quarter valued at $32,000. Finally, NorthCrest Asset Manangement LLC grew its holdings in shares of Autoliv by 4.6% during the third quarter. NorthCrest Asset Manangement LLC now owns 4,617 shares of the auto parts company’s stock valued at $565,000 after buying an additional 204 shares in the last quarter. Institutional investors and hedge funds own 69.57% of the company’s stock.

Autoliv Trading Up 0.2%

NYSE:ALV opened at $126.44 on Friday. The company’s 50 day moving average is $121.81 and its 200-day moving average is $120.58. The company has a quick ratio of 0.70, a current ratio of 0.95 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. The firm has a market cap of $9.60 billion, a price-to-earnings ratio of 13.06, a P/E/G ratio of 0.78 and a beta of 1.32.

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 given a dividend of $0.87 per share. The ex-dividend date of this dividend was Friday, November 21st. This represents a $3.48 dividend on an annualized basis and a yield of 2.8%. This is a positive change from Autoliv’s previous quarterly dividend of $0.85. Autoliv’s dividend payout ratio (DPR) is presently 35.95%.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on ALV shares. Berenberg Bank set a $134.00 price target on shares of Autoliv in a report on Tuesday, October 21st. Morgan Stanley set a $140.00 price target on Autoliv in a report on Wednesday, November 26th. JPMorgan Chase & Co. raised shares of Autoliv from a “neutral” rating to an “overweight” rating and raised their price objective for the company from $109.00 to $140.00 in a research report on Wednesday, November 26th. Wolfe Research set a $143.00 target price on shares of Autoliv in a research note on Monday, January 12th. Finally, Robert W. Baird set a $137.00 price target on shares of Autoliv in a report on Wednesday, January 14th. Ten equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat, Autoliv currently has a consensus rating of “Moderate Buy” and a consensus price target of $133.00.

Autoliv 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.