GAMMA Investing LLC Has $63,000 Stock Holdings in Autoliv, Inc. $ALV

GAMMA Investing LLC lifted its holdings in shares of Autoliv, Inc. (NYSE:ALV) by 52.4% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 564 shares of the auto parts company’s stock after buying an additional 194 shares during the period. GAMMA Investing LLC’s holdings in Autoliv were worth $63,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of ALV. Public Employees Retirement System of Ohio acquired a new position in shares of Autoliv during the 4th quarter worth about $165,000. Rhumbline Advisers boosted its stake in shares of Autoliv by 1.1% during the 1st quarter. Rhumbline Advisers now owns 133,788 shares of the auto parts company’s stock worth $11,834,000 after buying an additional 1,399 shares during the last quarter. NBC Securities Inc. boosted its stake in shares of Autoliv by 157,400.0% during the 1st quarter. NBC Securities Inc. now owns 3,150 shares of the auto parts company’s stock worth $278,000 after buying an additional 3,148 shares during the last quarter. Gateway Investment Advisers LLC boosted its stake in shares of Autoliv by 1.8% during the 1st quarter. Gateway Investment Advisers LLC now owns 29,307 shares of the auto parts company’s stock worth $2,592,000 after buying an additional 518 shares during the last quarter. Finally, UMB Bank n.a. lifted its stake in Autoliv by 188.6% in the 1st quarter. UMB Bank n.a. now owns 788 shares of the auto parts company’s stock valued at $70,000 after purchasing an additional 515 shares during the last quarter. 69.57% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several brokerages recently issued reports on ALV. Wells Fargo & Company raised their target price on shares of Autoliv from $126.00 to $132.00 and gave the company an “equal weight” rating in a research note on Thursday, September 25th. Weiss Ratings reiterated a “buy (b)” rating on shares of Autoliv in a research note on Saturday, September 27th. Jefferies Financial Group began coverage on shares of Autoliv in a research note on Wednesday, July 2nd. They issued a “buy” rating and a $140.00 target price for the company. Mizuho raised their target price on shares of Autoliv from $130.00 to $140.00 and gave the company an “outperform” rating in a research note on Tuesday, September 23rd. Finally, Robert W. Baird cut their target price on shares of Autoliv from $126.00 to $124.00 and set a “neutral” rating for the company in a research note on Monday, July 21st. Two investment analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat.com, Autoliv currently has a consensus rating of “Moderate Buy” and an average target price of $125.00.

Autoliv Stock Performance

Shares of NYSE:ALV opened at $127.84 on Friday. The company’s 50 day simple moving average is $121.39 and its 200 day simple moving average is $107.76. The stock has a market capitalization of $9.82 billion, a price-to-earnings ratio of 13.99, a price-to-earnings-growth ratio of 1.30 and a beta of 1.33. The company has a debt-to-equity ratio of 0.55, a current ratio of 0.93 and a quick ratio of 0.70. Autoliv, Inc. has a 1 year low of $75.49 and a 1 year high of $128.03.

Autoliv (NYSE:ALV) last announced its quarterly earnings data on Friday, July 18th. The auto parts company reported $2.21 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.07 by $0.14. The business had revenue of $2.71 billion for the quarter, compared to analysts’ expectations of $2.57 billion. Autoliv had a net margin of 6.83% and a return on equity of 30.73%. The firm’s quarterly revenue was up 4.2% compared to the same quarter last year. During the same period last year, the firm posted $1.87 earnings per share. As a group, research analysts predict that Autoliv, Inc. will post 9.51 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.