Autoliv (NYSE:ALV) had its price objective hoisted by equities research analysts at Barclays from $94.00 to $106.00 in a research report issued to clients and investors on Wednesday. The brokerage presently has an “underweight” rating on the auto parts company’s stock. Barclays’ price objective suggests a potential downside of 30.24% from the company’s current price.
Other equities research analysts have also issued research reports about the company. Robert W. Baird upgraded Autoliv from a “neutral” rating to an “outperform” rating and increased their price target for the stock from $137.00 to $192.00 in a research note on Wednesday. Royal Bank of Canada raised their price objective on Autoliv to $142.00 and gave the company a “sector perform” rating in a research report on Wednesday. Mizuho raised their price objective on Autoliv from $140.00 to $160.00 and gave the company a “buy” rating in a research report on Tuesday. Piper Jaffray Companies set a $124.00 price objective on Autoliv and gave the company a “hold” rating in a research report on Friday, December 8th. Finally, Cowen restated a “hold” rating and set a $139.00 price objective on shares of Autoliv in a research report on Friday, January 19th. Four analysts have rated the stock with a sell rating, nine have given a hold rating and twelve have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average target price of $122.11.
Shares of Autoliv (NYSE ALV) traded up $2.48 during mid-day trading on Wednesday, reaching $151.96. The company’s stock had a trading volume of 846,165 shares, compared to its average volume of 582,850. Autoliv has a 1-year low of $96.08 and a 1-year high of $152.57. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.55 and a quick ratio of 1.23. The stock has a market cap of $12,027.36, a price-to-earnings ratio of 26.21, a PEG ratio of 2.38 and a beta of 1.11.
In other Autoliv news, insider Johan Lofvenholm sold 3,965 shares of the firm’s stock in a transaction dated Thursday, November 30th. The shares were sold at an average price of $128.00, for a total value of $507,520.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 0.25% of the company’s stock.
Hedge funds and other institutional investors have recently made changes to their positions in the business. FMR LLC raised its stake in shares of Autoliv by 7.3% during the second quarter. FMR LLC now owns 1,821,095 shares of the auto parts company’s stock valued at $199,956,000 after acquiring an additional 123,781 shares in the last quarter. Vanguard Group Inc. raised its stake in shares of Autoliv by 1.8% during the second quarter. Vanguard Group Inc. now owns 1,400,499 shares of the auto parts company’s stock valued at $153,774,000 after acquiring an additional 24,364 shares in the last quarter. Dimensional Fund Advisors LP raised its stake in shares of Autoliv by 6.4% during the third quarter. Dimensional Fund Advisors LP now owns 865,594 shares of the auto parts company’s stock valued at $106,986,000 after acquiring an additional 52,231 shares in the last quarter. Ameriprise Financial Inc. raised its stake in shares of Autoliv by 0.6% during the third quarter. Ameriprise Financial Inc. now owns 729,878 shares of the auto parts company’s stock valued at $90,212,000 after acquiring an additional 4,207 shares in the last quarter. Finally, Legal & General Group Plc raised its stake in shares of Autoliv by 5.8% during the third quarter. Legal & General Group Plc now owns 432,082 shares of the auto parts company’s stock valued at $53,403,000 after acquiring an additional 23,551 shares in the last quarter. 33.56% of the stock is owned by institutional investors and hedge funds.
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About Autoliv
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.
