Capstone Investment Advisors LLC Has $310,000 Stock Position in Autoliv, Inc. (NYSE:ALV)

Capstone Investment Advisors LLC lessened its holdings in Autoliv, Inc. (NYSE:ALV) by 8.6% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 3,323 shares of the auto parts company’s stock after selling 312 shares during the period. Capstone Investment Advisors LLC’s holdings in Autoliv were worth $310,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the business. GAMMA Investing LLC raised its holdings in Autoliv by 62.7% during the second quarter. GAMMA Investing LLC now owns 262 shares of the auto parts company’s stock valued at $28,000 after buying an additional 101 shares in the last quarter. Benjamin F. Edwards & Company Inc. increased its holdings in shares of Autoliv by 14.0% during the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 954 shares of the auto parts company’s stock valued at $102,000 after acquiring an additional 117 shares during the last quarter. Vanguard Personalized Indexing Management LLC raised its stake in shares of Autoliv by 2.0% in the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 7,953 shares of the auto parts company’s stock valued at $851,000 after acquiring an additional 156 shares in the last quarter. Victory Capital Management Inc. lifted its holdings in Autoliv by 2.9% in the 2nd quarter. Victory Capital Management Inc. now owns 5,765 shares of the auto parts company’s stock worth $617,000 after purchasing an additional 162 shares during the last quarter. Finally, Linden Thomas Advisory Services LLC lifted its holdings in Autoliv by 2.3% in the 2nd quarter. Linden Thomas Advisory Services LLC now owns 7,930 shares of the auto parts company’s stock worth $848,000 after purchasing an additional 175 shares during the last quarter. 69.57% of the stock is currently owned by institutional investors.

Autoliv Price Performance

Shares of NYSE:ALV opened at $99.13 on Friday. The firm has a market capitalization of $7.81 billion, a PE ratio of 12.91, a PEG ratio of 0.89 and a beta of 1.59. 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 1-year low of $89.51 and a 1-year high of $129.38. The business’s 50 day moving average is $95.91 and its 200-day moving average is $103.30.

Autoliv (NYSE:ALV) last issued its earnings results on Friday, October 18th. The auto parts company reported $1.84 EPS for the quarter, missing the consensus estimate of $2.00 by ($0.16). The firm had revenue of $2.56 billion during the quarter, compared to the consensus estimate of $2.52 billion. Autoliv had a return on equity of 30.85% and a net margin of 5.98%. The firm’s revenue for the quarter was down 1.6% compared to the same quarter last year. During the same period last year, the business earned $1.66 earnings per share. Sell-side analysts predict that Autoliv, Inc. will post 8.19 earnings per share for the current year.

Autoliv Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 19th. Stockholders of record on Tuesday, December 3rd will be given a dividend of $0.70 per share. This is a positive change from Autoliv’s previous quarterly dividend of $0.68. This represents a $2.80 annualized dividend and a dividend yield of 2.82%. The ex-dividend date of this dividend is Tuesday, December 3rd. Autoliv’s payout ratio is 35.42%.

Analyst Ratings Changes

Several equities analysts have commented on ALV shares. Barclays lowered their price target on Autoliv from $115.00 to $110.00 and set an “equal weight” rating on the stock in a report on Tuesday, October 15th. StockNews.com lowered shares of Autoliv from a “buy” rating to a “hold” rating in a research note on Wednesday. Wolfe Research assumed coverage on shares of Autoliv in a research report on Thursday, September 5th. They set an “outperform” rating and a $120.00 target price for the company. Wells Fargo & Company decreased their price target on shares of Autoliv from $102.00 to $101.00 and set an “equal weight” rating for the company in a report on Monday, October 21st. Finally, Bank of America dropped their price objective on Autoliv from $137.00 to $134.00 and set a “buy” rating on the stock in a research note on Thursday, October 3rd. Seven analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, Autoliv has a consensus rating of “Moderate Buy” and a consensus target price of $122.77.

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.