California State Teachers Retirement System Purchases 15,853 Shares of Autoliv, Inc. $ALV

California State Teachers Retirement System raised its holdings in Autoliv, Inc. (NYSE:ALV) by 24.6% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 80,361 shares of the auto parts company’s stock after buying an additional 15,853 shares during the period. California State Teachers Retirement System’s holdings in Autoliv were worth $8,451,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the business. IFP Advisors Inc lifted its stake in shares of Autoliv by 110.3% during the 3rd quarter. IFP Advisors Inc now owns 204 shares of the auto parts company’s stock worth $25,000 after buying an additional 107 shares during the last quarter. Torren Management LLC bought a new stake in Autoliv during the 4th quarter worth $25,000. Parkside Financial Bank & Trust lifted its holdings in shares of Autoliv by 863.6% during the fourth quarter. Parkside Financial Bank & Trust now owns 212 shares of the auto parts company’s stock worth $25,000 after purchasing an additional 190 shares during the period. Quarry LP bought a new position in Autoliv during the 3rd quarter worth approximately $36,000. Finally, Johnson Financial Group Inc. acquired a new position in shares of Autoliv in the 3rd quarter valued at about $37,000. Institutional investors and hedge funds own 69.57% of the company’s stock.

Insider Activity

In other news, Director Jan Carlson sold 19,607 shares of the company’s stock in a transaction that occurred on Friday, June 12th. The stock was sold at an average price of $130.00, for a total transaction of $2,548,910.00. Following the sale, the director directly owned 60,000 shares of the company’s stock, valued at $7,800,000. This represents a 24.63% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.34% of the stock is owned by company insiders.

Autoliv Stock Performance

ALV opened at $124.47 on Wednesday. Autoliv, Inc. has a 1-year low of $99.16 and a 1-year high of $132.17. The company has a debt-to-equity ratio of 0.67, a current ratio of 1.03 and a quick ratio of 0.79. The firm has a market cap of $9.12 billion, a P/E ratio of 14.66, a PEG ratio of 0.98 and a beta of 1.34. The company has a 50 day simple moving average of $122.06 and a two-hundred day simple moving average of $118.40.

Autoliv (NYSE:ALV) last released its quarterly earnings data on Friday, July 17th. The auto parts company reported $2.43 EPS for the quarter, missing the consensus estimate of $2.46 by ($0.03). The company had revenue of $2.80 billion for the quarter, compared to the consensus estimate of $2.77 billion. Autoliv had a net margin of 5.79% and a return on equity of 29.36%. The firm’s revenue for the quarter was up 3.3% on a year-over-year basis. During the same period last year, the company earned $2.21 EPS. Equities analysts forecast that Autoliv, Inc. will post 10.11 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on ALV shares. TD Cowen decreased their price target on Autoliv from $150.00 to $148.00 and set a “buy” rating for the company in a report on Monday, July 20th. Weiss Ratings cut Autoliv from a “buy (b)” rating to a “buy (b-)” rating in a report on Monday, July 20th. UBS Group increased their target price on shares of Autoliv from $110.00 to $122.00 and gave the company a “neutral” rating in a report on Monday, June 15th. Royal Bank Of Canada reduced their price target on Autoliv from $148.00 to $147.00 and set an “outperform” rating on the stock in a report on Monday, July 20th. Finally, Wall Street Zen cut shares of Autoliv from a “buy” rating to a “hold” rating in a research report on Saturday, July 4th. Eight research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat, Autoliv currently has an average rating of “Moderate Buy” and an average target price of $135.93.

Autoliv Company Profile

Autoliv Inc (NYSE: ALV) is a leading global supplier of automotive safety systems, specializing in the design, development and manufacture of passive and active safety products. Its core product portfolio includes airbags, seatbelts, steering wheels, restraint control modules and pedestrian protection systems. In recent years, the company has also expanded into active safety technologies, offering radar, camera and sensor solutions that support advanced driver assistance systems (ADAS) and autonomous driving applications.

Founded in 1997 following the spin-off of Electrolux’s automotive safety business, Autoliv has evolved into a multinational organization with a presence in over 27 countries.