Andra AP fonden increased its stake in shares of Autoliv, Inc. (NYSE:ALV) by 16.9% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 16,600 shares of the auto parts company’s stock after acquiring an additional 2,400 shares during the quarter. Andra AP fonden’s holdings in Autoliv were worth $2,052,000 at the end of the most recent quarter.
Other large investors also recently made changes to their positions in the company. Principal Financial Group Inc. lifted its holdings in shares of Autoliv by 915.3% in the second quarter. Principal Financial Group Inc. now owns 2,230,670 shares of the auto parts company’s stock valued at $244,927,000 after purchasing an additional 2,010,970 shares in the last quarter. FMR LLC raised its position in shares of Autoliv by 7.3% in the second quarter. FMR LLC now owns 1,821,095 shares of the auto parts company’s stock valued at $199,956,000 after buying an additional 123,781 shares during the last quarter. Vanguard Group Inc. raised its position in shares of Autoliv by 1.8% in the second quarter. Vanguard Group Inc. now owns 1,400,499 shares of the auto parts company’s stock valued at $153,774,000 after buying an additional 24,364 shares during the last quarter. Dimensional Fund Advisors LP raised its position in shares of Autoliv by 11.8% in the second quarter. Dimensional Fund Advisors LP now owns 813,363 shares of the auto parts company’s stock valued at $89,305,000 after buying an additional 85,971 shares during the last quarter. Finally, Legal & General Group Plc raised its position in shares of Autoliv by 5.1% in the second quarter. Legal & General Group Plc now owns 408,531 shares of the auto parts company’s stock valued at $44,856,000 after buying an additional 19,951 shares during the last quarter. Hedge funds and other institutional investors own 32.71% of the company’s stock.
Several equities analysts recently commented on ALV shares. Royal Bank Of Canada dropped their price target on shares of Autoliv from $100.00 to $98.00 and set a “sector perform” rating for the company in a research report on Monday, July 24th. BidaskClub lowered shares of Autoliv from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, July 25th. Bank of America Corporation dropped their price objective on shares of Autoliv from $85.00 to $84.00 and set a “neutral” rating for the company in a research report on Tuesday, July 25th. Piper Jaffray Companies restated a “hold” rating and issued a $99.00 target price on shares of Autoliv in a research note on Wednesday, July 26th. Finally, BMO Capital Markets restated an “outperform” rating and issued a $121.00 target price on shares of Autoliv in a research note on Wednesday, July 26th. Four research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and nine have issued a buy rating to the company. The stock has a consensus rating of “Hold” and an average target price of $108.55.
Autoliv, Inc. (NYSE:ALV) opened at $123.05 on Tuesday. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.55 and a quick ratio of 1.23. Autoliv, Inc. has a 12-month low of $96.08 and a 12-month high of $127.75. The stock has a market capitalization of $10,700.00, a P/E ratio of 19.33, a P/E/G ratio of 2.36 and a beta of 1.10.
Autoliv (NYSE:ALV) last released its quarterly earnings results on Thursday, October 26th. The auto parts company reported $1.47 earnings per share for the quarter, topping analysts’ consensus estimates of $1.33 by $0.14. Autoliv had a return on equity of 13.42% and a net margin of 4.96%. The firm had revenue of $2.50 billion during the quarter, compared to the consensus estimate of $2.50 billion. During the same quarter in the prior year, the firm posted $1.63 EPS. The business’s revenue was up 1.6% on a year-over-year basis. research analysts anticipate that Autoliv, Inc. will post 6.26 earnings per share for the current fiscal year.
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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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