Signaturefd LLC Sells 251 Shares of Autoliv, Inc. $ALV

Signaturefd LLC cut its holdings in shares of Autoliv, Inc. (NYSE:ALV) by 37.0% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 427 shares of the auto parts company’s stock after selling 251 shares during the quarter. Signaturefd LLC’s holdings in Autoliv were worth $48,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the business. Charles Schwab Investment Management Inc. lifted its holdings in shares of Autoliv by 418.3% during the first quarter. Charles Schwab Investment Management Inc. now owns 2,483,726 shares of the auto parts company’s stock worth $219,686,000 after buying an additional 2,004,515 shares during the last quarter. Swedbank AB lifted its holdings in shares of Autoliv by 26.3% during the second quarter. Swedbank AB now owns 2,397,735 shares of the auto parts company’s stock worth $268,307,000 after buying an additional 499,411 shares during the last quarter. Dimensional Fund Advisors LP lifted its holdings in shares of Autoliv by 14.4% during the first quarter. Dimensional Fund Advisors LP now owns 1,857,069 shares of the auto parts company’s stock worth $164,257,000 after buying an additional 233,469 shares during the last quarter. Lancaster Investment Management lifted its holdings in shares of Autoliv by 58.8% during the first quarter. Lancaster Investment Management now owns 903,537 shares of the auto parts company’s stock worth $79,918,000 after buying an additional 334,716 shares during the last quarter. Finally, Massachusetts Financial Services Co. MA lifted its holdings in shares of Autoliv by 13.0% during the first quarter. Massachusetts Financial Services Co. MA now owns 793,306 shares of the auto parts company’s stock worth $70,168,000 after buying an additional 91,312 shares during the last quarter. 69.57% of the stock is currently owned by institutional investors and hedge funds.

Autoliv Stock Performance

Shares of NYSE:ALV opened at $127.48 on Tuesday. The business’s fifty day moving average price is $121.61 and its two-hundred day moving average price is $108.26. Autoliv, Inc. has a fifty-two week low of $75.49 and a fifty-two week high of $129.54. The stock has a market capitalization of $9.79 billion, a price-to-earnings ratio of 13.95, a price-to-earnings-growth ratio of 1.33 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 (NYSE:ALV) last announced its earnings results on Friday, July 18th. The auto parts company reported $2.21 EPS for the quarter, topping the consensus estimate of $2.07 by $0.14. The company had revenue of $2.71 billion for the quarter, compared to analysts’ expectations of $2.57 billion. Autoliv had a return on equity of 30.73% and a net margin of 6.83%.The business’s revenue for the quarter was up 4.2% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.87 earnings per share. As a group, analysts predict that Autoliv, Inc. will post 9.51 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of research analysts have recently commented on the company. Weiss Ratings reiterated a “buy (b)” rating on shares of Autoliv in a report on Saturday, September 27th. Royal Bank Of Canada assumed coverage on Autoliv in a report on Wednesday, June 25th. They set an “outperform” rating and a $133.00 price target for the company. Wells Fargo & Company upped their price target on Autoliv from $126.00 to $132.00 and gave the stock an “equal weight” rating in a report on Thursday, September 25th. Barclays restated an “overweight” rating and issued a $135.00 target price (up from $105.00) on shares of Autoliv in a research note on Wednesday, July 16th. Finally, Jefferies Financial Group began coverage on Autoliv in a research note on Wednesday, July 2nd. They issued a “buy” rating and a $140.00 target price for the company. Two investment analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $125.00.

Autoliv 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.