Geode Capital Management LLC lowered its holdings in Autoliv Inc. (NYSE:ALV) by 0.8% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 531,690 shares of the auto parts company’s stock after selling 4,190 shares during the quarter. Geode Capital Management LLC owned 0.61% of Autoliv worth $67,516,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also added to or reduced their stakes in ALV. SG Americas Securities LLC acquired a new stake in Autoliv in the 4th quarter valued at approximately $152,000. Teachers Advisors LLC grew its holdings in Autoliv by 288.3% in the 2nd quarter. Teachers Advisors LLC now owns 1,425 shares of the auto parts company’s stock valued at $156,000 after buying an additional 1,058 shares during the last quarter. Victory Capital Management Inc. grew its holdings in Autoliv by 25.0% in the 4th quarter. Victory Capital Management Inc. now owns 2,058 shares of the auto parts company’s stock valued at $262,000 after buying an additional 412 shares during the last quarter. Boothbay Fund Management LLC acquired a new stake in Autoliv in the 3rd quarter valued at approximately $294,000. Finally, The Manufacturers Life Insurance Company grew its holdings in Autoliv by 8.3% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 3,236 shares of the auto parts company’s stock valued at $355,000 after buying an additional 249 shares during the last quarter. 35.53% of the stock is currently owned by hedge funds and other institutional investors.
Shares of Autoliv Inc. (NYSE ALV) opened at $150.28 on Wednesday. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.58 and a quick ratio of 1.26. The company has a market capitalization of $13,036.36, a price-to-earnings ratio of 22.75, a P/E/G ratio of 2.22 and a beta of 1.32. Autoliv Inc. has a one year low of $96.08 and a one year high of $152.57.
A number of analysts have issued reports on the company. Longbow Research assumed coverage on Autoliv in a report on Friday, January 5th. They issued a “buy” rating and a $155.00 target price on the stock. BMO Capital Markets raised their target price on Autoliv from $152.00 to $175.00 and gave the company an “outperform” rating in a report on Monday, February 12th. Robert W. Baird reaffirmed a “hold” rating and issued a $137.00 target price on shares of Autoliv in a report on Tuesday, January 9th. Societe Generale lowered Autoliv from a “hold” rating to a “sell” rating in a report on Wednesday, February 28th. Finally, ValuEngine lowered Autoliv from a “buy” rating to a “hold” rating in a report on Wednesday, March 7th. Four equities 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. The company has an average rating of “Hold” and a consensus price target of $134.75.
In related news, insider Johan Lofvenholm sold 280 shares of the business’s stock in a transaction on Tuesday, February 20th. The stock was sold at an average price of $143.30, for a total value of $40,124.00. Following the sale, the insider now owns 10,954 shares of the company’s stock, valued at approximately $1,569,708.20. The sale was disclosed in a legal filing with the SEC, which is available through this link. 0.25% of the stock is owned by insiders.
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Autoliv Company Profile
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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