XTX Topco Ltd Acquires 5,213 Shares of Autoliv, Inc. (NYSE:ALV)

XTX Topco Ltd increased its holdings in shares of Autoliv, Inc. (NYSE:ALV) by 141.5% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 8,896 shares of the auto parts company’s stock after acquiring an additional 5,213 shares during the quarter. XTX Topco Ltd’s holdings in Autoliv were worth $952,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. KRS Capital Management LLC raised its stake in shares of Autoliv by 3.7% during the 1st quarter. KRS Capital Management LLC now owns 2,788 shares of the auto parts company’s stock worth $336,000 after purchasing an additional 100 shares during the period. State of Michigan Retirement System increased its holdings in Autoliv by 0.6% during the first quarter. State of Michigan Retirement System now owns 18,100 shares of the auto parts company’s stock worth $2,180,000 after buying an additional 100 shares during the last quarter. GAMMA Investing LLC raised its position in Autoliv by 62.7% in the second quarter. GAMMA Investing LLC now owns 262 shares of the auto parts company’s stock worth $28,000 after acquiring an additional 101 shares during the period. Corient Private Wealth LLC raised its position in Autoliv by 1.1% in the fourth quarter. Corient Private Wealth LLC now owns 9,490 shares of the auto parts company’s stock worth $1,046,000 after acquiring an additional 107 shares during the period. Finally, Smithfield Trust Co boosted its stake in Autoliv by 12.1% in the first quarter. Smithfield Trust Co now owns 1,330 shares of the auto parts company’s stock valued at $160,000 after acquiring an additional 144 shares during the last quarter. Hedge funds and other institutional investors own 69.57% of the company’s stock.

Autoliv Trading Down 3.8 %

Shares of ALV stock opened at $92.85 on Friday. The company has a market capitalization of $7.56 billion, a PE ratio of 14.49, a price-to-earnings-growth ratio of 0.65 and a beta of 1.60. Autoliv, Inc. has a 52-week low of $89.37 and a 52-week high of $129.38. The business’s fifty day moving average is $98.98 and its 200 day moving average is $111.34. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.73 and a current ratio of 0.98.

Autoliv (NYSE:ALV) last released its quarterly earnings results on Friday, July 19th. The auto parts company reported $1.87 earnings per share for the quarter, missing the consensus estimate of $2.44 by ($0.57). Autoliv had a net margin of 5.91% and a return on equity of 30.05%. The business had revenue of $2.61 billion during the quarter, compared to analysts’ expectations of $2.73 billion. During the same period in the previous year, the business earned $1.93 EPS. The business’s revenue was down 1.1% on a year-over-year basis. On average, equities research analysts anticipate that Autoliv, Inc. will post 9.05 EPS for the current fiscal year.

Autoliv Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, September 23rd. Shareholders of record on Wednesday, September 4th will be paid a $0.68 dividend. The ex-dividend date of this dividend is Wednesday, September 4th. This represents a $2.72 dividend on an annualized basis and a yield of 2.93%. Autoliv’s dividend payout ratio is presently 42.43%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on ALV shares. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $116.00 price target on shares of Autoliv in a research note on Tuesday, September 10th. HSBC assumed coverage on Autoliv in a research report on Monday, July 15th. They issued a “buy” rating and a $134.00 target price for the company. UBS Group raised Autoliv from a “neutral” rating to a “buy” rating and upped their price target for the company from $102.00 to $141.00 in a research report on Tuesday, May 28th. Citigroup lowered their price objective on Autoliv from $119.00 to $108.00 and set a “neutral” rating on the stock in a research note on Monday, July 22nd. Finally, Wells Fargo & Company cut their target price on shares of Autoliv from $103.00 to $102.00 and set an “equal weight” rating for the company in a research report on Friday. Seven equities research analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $124.71.

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.