Caisse DE Depot ET Placement DU Quebec trimmed its holdings in Autoliv Inc. (NYSE:ALV) by 19.7% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 19,100 shares of the auto parts company’s stock after selling 4,700 shares during the period. Caisse DE Depot ET Placement DU Quebec’s holdings in Autoliv were worth $2,427,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds and other institutional investors have also modified their holdings of the company. SG Americas Securities LLC acquired a new stake in Autoliv in the 4th quarter valued at about $152,000. Teachers Advisors LLC grew its stake in Autoliv by 288.3% in the 2nd quarter. Teachers Advisors LLC now owns 1,425 shares of the auto parts company’s stock valued at $156,000 after acquiring an additional 1,058 shares during the last quarter. Victory Capital Management Inc. grew its stake in Autoliv by 25.0% in the 4th quarter. Victory Capital Management Inc. now owns 2,058 shares of the auto parts company’s stock valued at $262,000 after acquiring an additional 412 shares during the last quarter. Boothbay Fund Management LLC acquired a new stake in Autoliv in the 3rd quarter valued at about $294,000. Finally, Dynamic Technology Lab Private Ltd acquired a new stake in Autoliv in the 3rd quarter valued at about $355,000. 35.53% of the stock is currently owned by hedge funds and other institutional investors.
A number of equities research analysts recently commented on the stock. Robert W. Baird raised shares of Autoliv from a “neutral” rating to an “outperform” rating and increased their price objective for the company from $137.00 to $192.00 in a research note on Wednesday, January 31st. Barclays increased their price objective on shares of Autoliv from $94.00 to $106.00 and gave the company an “underweight” rating in a research note on Wednesday, January 31st. Piper Jaffray Companies set a $124.00 price objective on shares of Autoliv and gave the company a “hold” rating in a research note on Friday, December 8th. Guggenheim reaffirmed a “hold” rating and set a $150.00 price target on shares of Autoliv in a research note on Wednesday, January 31st. Finally, ValuEngine cut shares of Autoliv from a “buy” rating to a “hold” rating in a research note on Wednesday, March 7th. Four analysts have rated the stock with a sell rating, nine have issued a hold rating and eleven have issued a buy rating to the company. The company presently has an average rating of “Hold” and an average target price of $134.75.
Autoliv Inc. (NYSE:ALV) opened at $150.28 on Wednesday. The firm has a market cap of $13,147.69, a PE ratio of 30.99, a PEG ratio of 2.24 and a beta of 1.32. Autoliv Inc. has a 1-year low of $96.08 and a 1-year high of $152.57. 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 (NYSE:ALV) last announced its quarterly earnings data on Tuesday, January 30th. The auto parts company reported $2.03 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.74 by $0.29. The business had revenue of $2.73 billion for the quarter, compared to analyst estimates of $2.69 billion. Autoliv had a net margin of 4.11% and a return on equity of 13.84%. The company’s revenue was up 4.8% on a year-over-year basis. During the same period in the prior year, the firm posted $1.71 EPS. research analysts anticipate that Autoliv Inc. will post 7.36 earnings per share for the current 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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