ABC Arbitrage SA Makes New $394,000 Investment in Autoliv, Inc. (NYSE:ALV)

ABC Arbitrage SA purchased a new position in Autoliv, Inc. (NYSE:ALV) in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 4,197 shares of the auto parts company’s stock, valued at approximately $394,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Legend Financial Advisors Inc. lifted its holdings in Autoliv by 1.8% during the 4th quarter. Legend Financial Advisors Inc. now owns 6,344 shares of the auto parts company’s stock worth $595,000 after buying an additional 115 shares in the last quarter. Quantinno Capital Management LP lifted its holdings in Autoliv by 0.6% during the 3rd quarter. Quantinno Capital Management LP now owns 23,456 shares of the auto parts company’s stock worth $2,190,000 after buying an additional 130 shares in the last quarter. Hennion & Walsh Asset Management Inc. lifted its holdings in Autoliv by 3.5% during the 4th quarter. Hennion & Walsh Asset Management Inc. now owns 4,171 shares of the auto parts company’s stock worth $391,000 after buying an additional 140 shares in the last quarter. UMB Bank n.a. lifted its stake in shares of Autoliv by 139.5% in the 4th quarter. UMB Bank n.a. now owns 273 shares of the auto parts company’s stock valued at $26,000 after purchasing an additional 159 shares during the period. Finally, Nisa Investment Advisors LLC lifted its stake in shares of Autoliv by 4.6% in the 4th quarter. Nisa Investment Advisors LLC now owns 4,315 shares of the auto parts company’s stock valued at $405,000 after purchasing an additional 190 shares during the period. Institutional investors and hedge funds own 69.57% of the company’s stock.

Wall Street Analyst Weigh In

ALV has been the topic of a number of analyst reports. Daiwa Capital Markets raised Autoliv from a “neutral” rating to an “outperform” rating and set a $109.00 price target on the stock in a research note on Tuesday, January 7th. StockNews.com upgraded Autoliv from a “hold” rating to a “buy” rating in a report on Thursday, January 23rd. Wells Fargo & Company dropped their price target on shares of Autoliv from $101.00 to $97.00 and set an “equal weight” rating for the company in a research report on Monday, December 16th. Daiwa America upgraded shares of Autoliv from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, January 7th. Finally, Hsbc Global Res downgraded shares of Autoliv from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, February 4th. Eight equities research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $117.23.

Autoliv Stock Performance

NYSE ALV opened at $98.21 on Friday. The firm’s fifty day moving average price is $95.70 and its two-hundred day moving average price is $96.51. The stock has a market cap of $7.63 billion, a PE ratio of 12.17, a PEG ratio of 0.69 and a beta of 1.58. Autoliv, Inc. has a fifty-two week low of $89.51 and a fifty-two week high of $129.38. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.71 and a current ratio of 0.96.

Autoliv (NYSE:ALV) last posted its earnings results on Friday, January 31st. The auto parts company reported $3.05 earnings per share for the quarter, topping analysts’ consensus estimates of $2.84 by $0.21. Autoliv had a net margin of 6.21% and a return on equity of 28.62%. On average, equities analysts expect that Autoliv, Inc. will post 9.7 EPS for the current fiscal year.

Autoliv Company Profile

Autoliv, Inc, through its subsidiaries, develops, manufactures, and supplies passive safety systems to the automotive industry in Europe, the Americas, China, Japan, and rest of Asia. It offers passive safety systems, including modules and components for frontal-impact airbag protection systems, side-impact airbag protection systems, seatbelts, steering wheels, and inflator technologies.