20,065 Shares in Autoliv, Inc. $ALV Acquired by NBT Bank N.A.

NBT Bank N.A. bought a new stake in Autoliv, Inc. (NYSE:ALV) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 20,065 shares of the auto parts company’s stock, valued at approximately $2,245,000.

Several other hedge funds also recently made changes to their positions in the company. Root Financial Partners LLC purchased a new stake in Autoliv in the third quarter worth $39,000. Reyes Financial Architecture Inc. bought a new position in Autoliv in the third quarter worth $32,000. Quadrant Capital Group LLC lifted its position in Autoliv by 6.7% during the third quarter. Quadrant Capital Group LLC now owns 2,763 shares of the auto parts company’s stock valued at $314,000 after buying an additional 173 shares during the period. Diversify Advisory Services LLC purchased a new position in Autoliv during the third quarter valued at $213,000. Finally, James T. Borello RIA lifted its position in Autoliv by 0.7% during the third quarter. James T. Borello RIA now owns 13,746 shares of the auto parts company’s stock valued at $1,538,000 after buying an additional 100 shares during the period. 69.57% of the stock is currently owned by institutional investors.

Autoliv Stock Performance

Shares of ALV opened at $118.87 on Friday. The company has a quick ratio of 0.79, a current ratio of 1.03 and a debt-to-equity ratio of 0.67. The business’s 50 day moving average price is $117.91 and its 200-day moving average price is $119.17. Autoliv, Inc. has a 52 week low of $99.16 and a 52 week high of $132.17. The stock has a market cap of $8.71 billion, a P/E ratio of 14.00, a P/E/G ratio of 0.96 and a beta of 1.39.

Autoliv Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 15th. Investors of record on Friday, August 28th were given a dividend of $0.87 per share. This represents a $3.48 dividend on an annualized basis and a yield of 2.9%. The ex-dividend date of this dividend was Friday, August 28th. Autoliv’s dividend payout ratio (DPR) is 40.99%.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on ALV. TD Cowen cut shares of Autoliv from a “buy” rating to a “hold” rating and dropped their target price for the company from $148.00 to $137.00 in a report on Tuesday, September 8th. Wolfe Research downgraded shares of Autoliv from an “outperform” rating to a “peer perform” rating in a research report on Wednesday, September 23rd. Wells Fargo & Company increased their price target on shares of Autoliv from $116.00 to $122.00 and gave the stock an “equal weight” rating in a research note on Thursday, June 25th. Wall Street Zen cut shares of Autoliv from a “buy” rating to a “hold” rating in a research report on Saturday, July 4th. Finally, Weiss Ratings raised shares of Autoliv from a “buy (b-)” rating to a “buy (b)” rating in a research report on Thursday, September 24th. Six research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $134.92.

Autoliv Company Profile

Autoliv, Inc (NYSE: ALV) develops and manufactures automotive safety systems and components for vehicle manufacturers worldwide. The company focuses primarily on passive safety products designed to help protect occupants during a collision.

Its product portfolio includes airbags, seat belts, steering wheels, pedestrian protection systems, and associated safety electronics and control systems. Autoliv supplies these products to major automakers and supports vehicle programs across passenger cars and commercial vehicles.

Autoliv traces its roots to Sweden and has grown into an international automotive supplier with operations and customers across North America, Europe, Asia, and other major automotive markets.