Caisse DE Depot ET Placement DU Quebec decreased its stake in Autoliv Inc. (NYSE:ALV) by 19.7% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor 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 at the end of the most recent reporting period.
Several other institutional investors also recently modified their holdings of the company. BlackRock Inc. boosted its holdings in shares of Autoliv by 2.0% in the 4th quarter. BlackRock Inc. now owns 2,672,695 shares of the auto parts company’s stock valued at $339,646,000 after buying an additional 52,160 shares in the last quarter. Dimensional Fund Advisors LP raised its position in Autoliv by 6.4% in 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 during the last quarter. Ameriprise Financial Inc. raised its position in Autoliv by 0.6% in 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 during the last quarter. Legal & General Group Plc raised its position in Autoliv by 5.8% in 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 during the last quarter. Finally, California Public Employees Retirement System raised its position in Autoliv by 2.1% in the 4th quarter. California Public Employees Retirement System now owns 226,849 shares of the auto parts company’s stock valued at $28,828,000 after purchasing an additional 4,741 shares during the last quarter. Institutional investors and hedge funds own 35.53% of the company’s stock.
Autoliv Inc. (NYSE ALV) opened at $150.28 on Wednesday. The company has a market cap of $13,147.69, a price-to-earnings ratio of 30.99, a price-to-earnings-growth ratio of 2.24 and a beta of 1.32. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.26 and a current ratio of 1.58. Autoliv Inc. has a 12-month low of $96.08 and a 12-month high of $152.57.
In other Autoliv news, insider Johan Lofvenholm sold 280 shares of the company’s stock in a transaction on Tuesday, February 20th. The shares were sold at an average price of $143.30, for a total transaction of $40,124.00. Following the completion of the transaction, the insider now owns 10,954 shares in the company, valued at approximately $1,569,708.20. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.25% of the stock is currently owned by corporate insiders.
ALV has been the subject of several research reports. Piper Jaffray Companies set a $124.00 price target on shares of Autoliv and gave the company a “hold” rating in a research report on Friday, December 8th. Mizuho reiterated a “buy” rating and issued a $140.00 price target on shares of Autoliv in a research report on Monday, December 11th. ValuEngine upgraded shares of Autoliv from a “hold” rating to a “buy” rating in a research report on Sunday, December 31st. Longbow Research initiated coverage on shares of Autoliv in a research report on Friday, January 5th. They issued a “buy” rating and a $155.00 price target for the company. Finally, Robert W. Baird reiterated a “hold” rating and issued a $137.00 price target on shares of Autoliv in a research report on Tuesday, January 9th. Four research analysts have rated the stock with a sell rating, nine have assigned a hold rating and eleven have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus target price of $134.75.
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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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