Autoliv Inc. (NYSE:ALV) was the recipient of unusually large options trading on Monday. Investors bought 989 call options on the company. This represents an increase of 833% compared to the typical volume of 106 call options.
A number of analysts recently commented on the company. ValuEngine lowered Autoliv from a “buy” rating to a “hold” rating in a research report on Wednesday, March 7th. Citigroup lifted their price objective on Autoliv from $129.00 to $154.00 and gave the stock a “neutral” rating in a research report on Monday, March 5th. They noted that the move was a valuation call. Societe Generale lowered Autoliv from a “hold” rating to a “sell” rating in a research report on Wednesday, February 28th. BMO Capital Markets lifted their price objective on Autoliv from $152.00 to $175.00 and gave the stock an “outperform” rating in a research report on Monday, February 12th. Finally, Guggenheim reiterated a “hold” rating and issued a $150.00 price objective on shares of Autoliv in a research report on Wednesday, January 31st. Five equities research analysts have rated the stock with a sell rating, nine have given a hold rating and eleven have issued a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus target price of $132.38.
Autoliv (NYSE ALV) opened at $149.89 on Tuesday. Autoliv 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. The firm has a market capitalization of $13,147.69, a PE ratio of 22.94, a PEG ratio of 2.24 and a beta of 1.32.
In related news, insider Johan Lofvenholm sold 280 shares of Autoliv stock in a transaction dated Tuesday, February 20th. The stock was sold at an average price of $143.30, for a total value of $40,124.00. Following the completion of the sale, the insider now directly owns 10,954 shares in the company, valued at $1,569,708.20. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 0.25% of the stock is owned by company insiders.
Several large investors have recently added to or reduced their stakes in the company. BlackRock Inc. lifted its holdings in shares of Autoliv by 2.0% during the 4th quarter. BlackRock Inc. now owns 2,672,695 shares of the auto parts company’s stock valued at $339,646,000 after purchasing an additional 52,160 shares in the last quarter. Dimensional Fund Advisors LP lifted its holdings in shares of Autoliv by 6.4% during the 3rd quarter. Dimensional Fund Advisors LP now owns 865,594 shares of the auto parts company’s stock valued at $106,986,000 after purchasing an additional 52,231 shares in the last quarter. Ameriprise Financial Inc. lifted its holdings in shares of Autoliv by 0.6% during the 3rd quarter. Ameriprise Financial Inc. now owns 729,878 shares of the auto parts company’s stock valued at $90,212,000 after purchasing an additional 4,207 shares in the last quarter. Legal & General Group Plc lifted its holdings in shares of Autoliv by 5.8% during the 3rd quarter. Legal & General Group Plc now owns 432,082 shares of the auto parts company’s stock valued at $53,403,000 after purchasing an additional 23,551 shares in the last quarter. Finally, Renaissance Technologies LLC lifted its holdings in shares of Autoliv by 119.2% during the 4th quarter. Renaissance Technologies LLC now owns 237,459 shares of the auto parts company’s stock valued at $30,199,000 after purchasing an additional 129,119 shares in the last quarter. Institutional investors and hedge funds own 35.53% of the company’s stock.
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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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