A number of other analysts also recently weighed in on ALV. ValuEngine upgraded Autoliv from a buy rating to a strong-buy rating in a research report on Monday, April 2nd. Susquehanna Bancshares set a $137.00 target price on Autoliv and gave the stock a hold rating in a research report on Wednesday, March 14th. Longbow Research restated a buy rating and issued a $168.00 target price on shares of Autoliv in a research report on Tuesday, March 27th. Piper Jaffray restated a hold rating and issued a $138.00 target price on shares of Autoliv in a research report on Tuesday, January 30th. Finally, Barclays boosted their target price on Autoliv from $94.00 to $106.00 and gave the stock an underweight rating in a research report on Wednesday, January 31st. Four analysts have rated the stock with a sell rating, ten have assigned a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the company’s stock. The company presently has a consensus rating of Hold and an average target price of $135.48.
NYSE:ALV opened at $149.02 on Wednesday. The company has a market capitalization of $13,020.71, a P/E ratio of 22.72, a PEG ratio of 2.09 and a beta of 1.28. Autoliv has a 1-year low of $96.11 and a 1-year high of $152.57. The company has a quick ratio of 1.26, a current ratio of 1.58 and a debt-to-equity ratio of 0.32.
In other news, insider Johan Lofvenholm sold 280 shares of the business’s stock in a transaction that occurred on Tuesday, February 20th. The stock was sold at an average price of $143.30, for a total transaction of $40,124.00. Following the transaction, the insider now directly owns 10,954 shares of the company’s stock, valued at $1,569,708.20. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 0.25% of the stock is currently owned by insiders.
Institutional investors and hedge funds have recently bought and sold shares of the company. Strs Ohio increased its stake in shares of Autoliv by 13.1% during the fourth quarter. Strs Ohio now owns 13,429 shares of the auto parts company’s stock valued at $1,706,000 after buying an additional 1,552 shares during the period. Schwab Charles Investment Management Inc. increased its stake in shares of Autoliv by 4.9% during the fourth quarter. Schwab Charles Investment Management Inc. now owns 184,535 shares of the auto parts company’s stock valued at $23,451,000 after buying an additional 8,561 shares during the period. JPMorgan Chase & Co. increased its stake in shares of Autoliv by 106.0% during the third quarter. JPMorgan Chase & Co. now owns 3,956 shares of the auto parts company’s stock valued at $488,000 after buying an additional 2,036 shares during the period. Phoenix Investment Adviser LLC increased its stake in shares of Autoliv by 25.0% during the fourth quarter. Phoenix Investment Adviser LLC now owns 10,000 shares of the auto parts company’s stock valued at $1,271,000 after buying an additional 2,000 shares during the period. Finally, Eqis Capital Management Inc. increased its stake in shares of Autoliv by 29.1% during the fourth quarter. Eqis Capital Management Inc. now owns 3,426 shares of the auto parts company’s stock valued at $435,000 after buying an additional 773 shares during the period. 35.51% of the stock is currently owned by hedge funds and other institutional investors.
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Autoliv, Inc, through its subsidiaries, develops, manufactures, and supplies automotive safety systems to the automotive industry worldwide. The company operates through two segments, Passive Safety and Electronics. It offers modules and components for frontal-impact airbag protection systems, side-impact airbag protection systems, seatbelts, steering wheels, inflator technologies, battery cable cutters, pedestrian protection systems, and child seats.
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