WINTON GROUP Ltd Has $6.53 Million Position in Autoliv Inc. (ALV)
WINTON GROUP Ltd increased its position in Autoliv Inc. (NYSE:ALV) by 202.6% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 51,402 shares of the auto parts company’s stock after acquiring an additional 34,416 shares during the quarter. WINTON GROUP Ltd’s holdings in Autoliv were worth $6,532,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds also recently made changes to their positions in the business. BlackRock Inc. grew its holdings in Autoliv by 2.0% during the 4th quarter. BlackRock Inc. now owns 2,672,695 shares of the auto parts company’s stock valued at $339,646,000 after buying an additional 52,160 shares in the last quarter. Schroder Investment Management Group grew its holdings in Autoliv by 5.1% during the 4th quarter. Schroder Investment Management Group now owns 140,141 shares of the auto parts company’s stock valued at $17,809,000 after buying an additional 6,741 shares in the last quarter. Rhumbline Advisers grew its holdings in Autoliv by 15.6% during the 4th quarter. Rhumbline Advisers now owns 21,282 shares of the auto parts company’s stock valued at $2,705,000 after buying an additional 2,870 shares in the last quarter. Arizona State Retirement System grew its holdings in Autoliv by 32.9% during the 4th quarter. Arizona State Retirement System now owns 45,188 shares of the auto parts company’s stock valued at $5,742,000 after buying an additional 11,189 shares in the last quarter. Finally, Toronto Dominion Bank grew its holdings in Autoliv by 37.3% during the 4th quarter. Toronto Dominion Bank now owns 5,123 shares of the auto parts company’s stock valued at $651,000 after buying an additional 1,393 shares in the last quarter. 34.57% of the stock is owned by institutional investors and hedge funds.
A number of equities research analysts have issued reports on the stock. Citigroup increased their price objective on shares of Autoliv to $154.00 in a report on Monday. They noted that the move was a valuation call. Societe Generale lowered shares of Autoliv from a “hold” rating to a “sell” rating in a report on Wednesday, February 28th. Piper Jaffray Companies reaffirmed a “hold” rating and set a $138.00 price objective on shares of Autoliv in a report on Tuesday, January 30th. KeyCorp reaffirmed a “buy” rating and set a $146.00 price objective (up from $136.00) on shares of Autoliv in a report on Monday, November 6th. Finally, Barclays increased their price objective on shares of Autoliv from $94.00 to $106.00 and gave the company an “underweight” rating in a report on Wednesday, January 31st. Five equities research analysts have rated the stock with a sell rating, nine have given a hold rating and twelve have issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus price target of $126.39.
Autoliv Inc. (NYSE:ALV) opened at $146.70 on Monday. Autoliv Inc. has a fifty-two week low of $96.08 and a fifty-two week high of $152.57. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.58 and a quick ratio of 1.26. The firm has a market cap of $12,718.04, a price-to-earnings ratio of 30.15, a P/E/G ratio of 2.16 and a beta of 1.32.
Autoliv (NYSE:ALV) last issued its quarterly earnings results on Tuesday, January 30th. The auto parts company reported $2.03 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.74 by $0.29. The company had revenue of $2.73 billion during the quarter, compared to the consensus estimate of $2.69 billion. Autoliv had a return on equity of 13.84% and a net margin of 4.11%. Autoliv’s revenue was up 4.8% on a year-over-year basis. During the same period last year, the company earned $1.71 earnings per share. research analysts predict that Autoliv Inc. will post 7.36 EPS for the current year.
The business also recently declared a quarterly dividend, which will be paid on Thursday, March 8th. Investors of record on Thursday, February 22nd will be given a $0.60 dividend. The ex-dividend date is Wednesday, February 21st. This represents a $2.40 dividend on an annualized basis and a yield of 1.64%. Autoliv’s dividend payout ratio is presently 49.48%.
Autoliv Company Profile
Autoliv, Inc is a supplier of automotive safety systems with a range of product offerings, including passive safety systems and active safety systems. The Company operates through two segments: Passive Safety and Electronics. The Passive safety products include modules and components for passenger and driver-side airbags, side-impact airbag protection systems, seatbelts, steering wheels, inflator technologies, whiplash protection systems and child seats, and components for such systems, as well as passive safety electronic products, such as restraint electronics and crash sensors.
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