KRS Capital Management LLC Has $257,000 Stock Holdings in Autoliv, Inc. $ALV

KRS Capital Management LLC lessened its position in Autoliv, Inc. (NYSE:ALV) by 5.8% during the 2nd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 2,293 shares of the auto parts company’s stock after selling 140 shares during the period. KRS Capital Management LLC’s holdings in Autoliv were worth $257,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also added to or reduced their stakes in ALV. GAMMA Investing LLC lifted its position in Autoliv by 19,615.1% during the 1st quarter. GAMMA Investing LLC now owns 32,727 shares of the auto parts company’s stock worth $2,895,000 after buying an additional 32,561 shares in the last quarter. UMB Bank n.a. lifted its position in Autoliv by 188.6% during the 1st quarter. UMB Bank n.a. now owns 788 shares of the auto parts company’s stock worth $70,000 after buying an additional 515 shares in the last quarter. Farther Finance Advisors LLC lifted its position in Autoliv by 37.6% during the 1st quarter. Farther Finance Advisors LLC now owns 2,644 shares of the auto parts company’s stock worth $237,000 after buying an additional 723 shares in the last quarter. SG Americas Securities LLC acquired a new position in Autoliv during the 1st quarter worth about $637,000. Finally, FNY Investment Advisers LLC acquired a new position in Autoliv during the 1st quarter worth about $44,000. Institutional investors and hedge funds own 69.57% of the company’s stock.

Autoliv Stock Performance

Shares of NYSE:ALV opened at $118.83 on Friday. The stock has a market capitalization of $9.13 billion, a P/E ratio of 13.00, a P/E/G ratio of 1.27 and a beta of 1.33. Autoliv, Inc. has a 1-year low of $75.49 and a 1-year high of $129.54. The company has a current ratio of 0.93, a quick ratio of 0.70 and a debt-to-equity ratio of 0.55. The business has a 50-day moving average price of $122.18 and a two-hundred day moving average price of $108.65.

Autoliv (NYSE:ALV) last announced its quarterly earnings data on Friday, July 18th. The auto parts company reported $2.21 earnings per share for the quarter, topping the consensus estimate of $2.07 by $0.14. The firm had revenue of $2.71 billion during the quarter, compared to analysts’ expectations of $2.57 billion. Autoliv had a return on equity of 30.73% and a net margin of 6.83%.The company’s quarterly revenue was up 4.2% compared to the same quarter last year. During the same period in the previous year, the business posted $1.87 EPS. Equities analysts predict that Autoliv, Inc. will post 9.51 earnings per share for the current year.

Wall Street Analysts Forecast Growth

ALV has been the topic of several research reports. Jefferies Financial Group initiated coverage on shares of Autoliv in a research report on Wednesday, July 2nd. They set a “buy” rating and a $140.00 price target on the stock. Barclays reiterated an “overweight” rating and set a $135.00 price target (up previously from $105.00) on shares of Autoliv in a research report on Wednesday, July 16th. Wall Street Zen upgraded shares of Autoliv from a “buy” rating to a “strong-buy” rating in a research report on Saturday, July 26th. Robert W. Baird dropped their price objective on Autoliv from $126.00 to $124.00 and set a “neutral” rating for the company in a report on Monday, July 21st. Finally, Wells Fargo & Company boosted their price objective on Autoliv from $126.00 to $132.00 and gave the stock an “equal weight” rating in a report on Thursday, September 25th. Two investment analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat, Autoliv presently has a consensus rating of “Moderate Buy” and an average price target of $125.09.

About Autoliv

Autoliv, Inc, through its subsidiaries, develops, manufactures, and supplies passive safety systems to the automotive industry in Europe, the Americas, China, Japan, and rest of Asia. It offers passive safety systems, including modules and components for frontal-impact airbag protection systems, side-impact airbag protection systems, seatbelts, steering wheels, and inflator technologies.