Autoliv, Inc. (ALV) Position Increased by Mitsubishi UFJ Kokusai Asset Management Co. Ltd.

Mitsubishi UFJ Kokusai Asset Management Co. Ltd. boosted its stake in Autoliv, Inc. (NYSE:ALV) by 8.9% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,582 shares of the auto parts company’s stock after acquiring an additional 1,023 shares during the period. Mitsubishi UFJ Kokusai Asset Management Co. Ltd.’s holdings in Autoliv were worth $1,555,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently bought and sold shares of the stock. Raymond James Financial Services Advisors Inc. raised its holdings in Autoliv by 0.3% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 9,404 shares of the auto parts company’s stock valued at $1,033,000 after acquiring an additional 28 shares in the last quarter. Prudential Financial Inc. increased its stake in Autoliv by 1.1% during the second quarter. Prudential Financial Inc. now owns 5,072 shares of the auto parts company’s stock valued at $557,000 after purchasing an additional 53 shares during the last quarter. Bridgewater Associates LP increased its stake in Autoliv by 1.5% during the second quarter. Bridgewater Associates LP now owns 6,140 shares of the auto parts company’s stock valued at $674,000 after purchasing an additional 91 shares during the last quarter. Toronto Dominion Bank increased its stake in Autoliv by 11.7% during the second quarter. Toronto Dominion Bank now owns 1,085 shares of the auto parts company’s stock valued at $119,000 after purchasing an additional 114 shares during the last quarter. Finally, Regentatlantic Capital LLC increased its stake in Autoliv by 3.7% during the second quarter. Regentatlantic Capital LLC now owns 3,446 shares of the auto parts company’s stock valued at $378,000 after purchasing an additional 124 shares during the last quarter. 32.69% of the stock is currently owned by hedge funds and other institutional investors.

Autoliv, Inc. (ALV) opened at $123.25 on Tuesday. The stock has a market cap of $10,733.50, a PE ratio of 19.69, a P/E/G ratio of 2.40 and a beta of 1.10. 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.

Autoliv (NYSE:ALV) last announced its earnings results on Thursday, October 26th. The auto parts company reported $1.47 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.33 by $0.14. The firm had revenue of $2.50 billion during the quarter, compared to analyst estimates of $2.50 billion. Autoliv had a net margin of 4.96% and a return on equity of 13.42%. Autoliv’s revenue was up 1.6% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.63 EPS. equities analysts forecast that Autoliv, Inc. will post 6.26 earnings per share for the current fiscal year.

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Several analysts have weighed in on the stock. Buckingham Research upgraded shares of Autoliv from an “underperform” rating to a “neutral” rating and boosted their target price for the company from $87.00 to $114.00 in a research note on Friday, September 15th. Wells Fargo & Company boosted their target price on shares of Autoliv to $140.00 and gave the company an “outperform” rating in a research note on Friday, September 15th. They noted that the move was a valuation call. Mizuho boosted their target price on shares of Autoliv from $130.00 to $140.00 and gave the company a “buy” rating in a research note on Friday, September 15th. Citigroup Inc. boosted their target price on shares of Autoliv from $105.00 to $129.00 and gave the company a “neutral” rating in a research note on Friday, September 15th. Finally, ValuEngine upgraded shares of Autoliv from a “hold” rating to a “buy” rating in a research note on Friday, September 15th. Four research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and nine have assigned a buy rating to the stock. Autoliv currently has an average rating of “Hold” and an average price target of $108.55.

Autoliv 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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Institutional Ownership by Quarter for Autoliv (NYSE:ALV)

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