Teachers Advisors LLC grew its stake in shares of Autoliv (NYSE:ALV) by 394.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 7,557 shares of the auto parts company’s stock after acquiring an additional 6,030 shares during the period. Teachers Advisors LLC’s holdings in Autoliv were worth $960,000 at the end of the most recent quarter.
Other hedge funds also recently modified their holdings of the company. SG Americas Securities LLC acquired a new stake in Autoliv during the fourth quarter worth approximately $152,000. Victory Capital Management Inc. lifted its position in Autoliv by 25.0% during the fourth quarter. Victory Capital Management Inc. now owns 2,058 shares of the auto parts company’s stock worth $262,000 after acquiring an additional 412 shares during the last quarter. GSA Capital Partners LLP acquired a new stake in Autoliv during the third quarter worth approximately $422,000. Eqis Capital Management Inc. lifted its position in Autoliv by 29.1% during the fourth quarter. Eqis Capital Management Inc. now owns 3,426 shares of the auto parts company’s stock worth $435,000 after acquiring an additional 773 shares during the last quarter. Finally, JPMorgan Chase & Co. lifted its position in Autoliv by 106.0% during the third quarter. JPMorgan Chase & Co. now owns 3,956 shares of the auto parts company’s stock worth $488,000 after acquiring an additional 2,036 shares during the last quarter. Hedge funds and other institutional investors own 35.54% of the company’s stock.
Several research analysts have recently commented on the stock. Robert W. Baird raised shares of Autoliv from a “neutral” rating to an “outperform” rating and raised their target price for the stock from $137.00 to $192.00 in a report on Wednesday, January 31st. Longbow Research reaffirmed a “buy” rating and set a $168.00 target price on shares of Autoliv in a report on Tuesday, March 27th. Barclays raised their target price on shares of Autoliv from $94.00 to $106.00 and gave the stock an “underweight” rating in a report on Wednesday, January 31st. Guggenheim reaffirmed a “hold” rating and set a $150.00 target price on shares of Autoliv in a report on Wednesday, January 31st. Finally, Piper Jaffray reaffirmed a “hold” rating and set a $138.00 target price on shares of Autoliv in a report on Tuesday, January 30th. Four investment analysts have rated the stock with a sell rating, ten have assigned a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the stock. Autoliv presently has a consensus rating of “Hold” and an average price target of $135.57.
In related news, insider Johan Lofvenholm sold 280 shares of Autoliv stock in a transaction that occurred on Tuesday, February 20th. The shares were sold at an average price of $143.30, for a total value of $40,124.00. Following the transaction, the insider now directly owns 10,954 shares of the company’s stock, valued at $1,569,708.20. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 0.25% of the company’s stock.
Shares of NYSE:ALV opened at $150.23 on Friday. The company has a market capitalization of $13,288.58, a P/E ratio of 22.83, a PEG ratio of 2.13 and a beta of 1.28. The company has a current ratio of 1.58, a quick ratio of 1.26 and a debt-to-equity ratio of 0.32. Autoliv has a 1 year low of $97.75 and a 1 year high of $153.84.
Autoliv (NYSE:ALV) last announced its quarterly earnings data on Tuesday, January 30th. The auto parts company reported $2.03 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.74 by $0.29. The business had revenue of $2.73 billion for the quarter, compared to analysts’ expectations of $2.69 billion. Autoliv had a net margin of 4.11% and a return on equity of 13.84%. The firm’s quarterly revenue was up 4.8% compared to the same quarter last year. During the same period last year, the firm posted $1.71 earnings per share. equities analysts predict that Autoliv will post 7.42 EPS for the current fiscal year.
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Autoliv Company Profile
Autoliv, Inc, through its subsidiaries, develops, manufactures, and supplies automotive safety systems to the automotive industry worldwide. The company operates through two segments, Passive Safety and Electronics. It offers modules and components for frontal-impact airbag protection systems, side-impact airbag protection systems, seatbelts, steering wheels, inflator technologies, battery cable cutters, pedestrian protection systems, and child seats.
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