Nisa Investment Advisors LLC Boosts Position in Autoliv, Inc. (NYSE:ALV)

Nisa Investment Advisors LLC grew its holdings in Autoliv, Inc. (NYSE:ALV) by 4.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 4,315 shares of the auto parts company’s stock after acquiring an additional 190 shares during the period. Nisa Investment Advisors LLC’s holdings in Autoliv were worth $405,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Legend Financial Advisors Inc. increased its holdings in Autoliv by 1.8% in the 4th quarter. Legend Financial Advisors Inc. now owns 6,344 shares of the auto parts company’s stock worth $595,000 after acquiring an additional 115 shares in the last quarter. Quantinno Capital Management LP grew its stake in Autoliv by 0.6% during the 3rd quarter. Quantinno Capital Management LP now owns 23,456 shares of the auto parts company’s stock worth $2,190,000 after purchasing an additional 130 shares in the last quarter. Hennion & Walsh Asset Management Inc. raised its stake in Autoliv by 3.5% in the fourth quarter. Hennion & Walsh Asset Management Inc. now owns 4,171 shares of the auto parts company’s stock valued at $391,000 after buying an additional 140 shares in the last quarter. UMB Bank n.a. boosted its holdings in shares of Autoliv by 139.5% in the 4th quarter. UMB Bank n.a. now owns 273 shares of the auto parts company’s stock valued at $26,000 after buying an additional 159 shares in the last quarter. Finally, Quarry LP raised its position in Autoliv by 133.5% in the 2nd quarter. Quarry LP now owns 362 shares of the auto parts company’s stock valued at $39,000 after purchasing an additional 207 shares during the last quarter. Institutional investors and hedge funds own 69.57% of the company’s stock.

Autoliv Trading Up 1.4 %

Shares of NYSE ALV opened at $101.20 on Thursday. The business has a 50-day moving average price of $96.61 and a two-hundred day moving average price of $97.11. The company has a current ratio of 0.96, a quick ratio of 0.71 and a debt-to-equity ratio of 0.69. Autoliv, Inc. has a one year low of $89.51 and a one year high of $129.38. The firm has a market capitalization of $7.86 billion, a PE ratio of 13.18, a PEG ratio of 0.73 and a beta of 1.59.

Autoliv Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, December 19th. Stockholders of record on Tuesday, December 3rd were issued a dividend of $0.70 per share. The ex-dividend date of this dividend was Tuesday, December 3rd. This represents a $2.80 dividend on an annualized basis and a dividend yield of 2.77%. This is an increase from Autoliv’s previous quarterly dividend of $0.68. Autoliv’s dividend payout ratio (DPR) is currently 36.46%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on the company. Bank of America reduced their target price on Autoliv from $137.00 to $134.00 and set a “buy” rating for the company in a report on Thursday, October 3rd. Wells Fargo & Company decreased their target price on Autoliv from $101.00 to $97.00 and set an “equal weight” rating for the company in a report on Monday, December 16th. Robert W. Baird boosted their price target on Autoliv from $103.00 to $108.00 and gave the stock a “neutral” rating in a research note on Monday, October 21st. Barclays reduced their price objective on Autoliv from $115.00 to $110.00 and set an “equal weight” rating on the stock in a research note on Tuesday, October 15th. Finally, Daiwa America upgraded shares of Autoliv from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, January 7th. Six research analysts have rated the stock with a hold rating, nine have given a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $121.62.

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.