Hantz Financial Services Inc. Has $59,000 Holdings in Autoliv, Inc. $ALV

Hantz Financial Services Inc. increased its stake in Autoliv, Inc. (NYSE:ALV) by 975.5% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 527 shares of the auto parts company’s stock after purchasing an additional 478 shares during the period. Hantz Financial Services Inc.’s holdings in Autoliv were worth $59,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of the stock. GAMMA Investing LLC lifted its stake in Autoliv by 122.9% in the 1st quarter. GAMMA Investing LLC now owns 370 shares of the auto parts company’s stock valued at $33,000 after purchasing an additional 204 shares during the last quarter. M&T Bank Corp bought a new position in Autoliv in the 1st quarter valued at about $206,000. Greenleaf Trust raised its holdings in Autoliv by 2.8% in the 1st quarter. Greenleaf Trust now owns 6,338 shares of the auto parts company’s stock valued at $561,000 after acquiring an additional 172 shares during the period. Linden Thomas Advisory Services LLC raised its holdings in Autoliv by 20.3% in the 1st quarter. Linden Thomas Advisory Services LLC now owns 9,368 shares of the auto parts company’s stock valued at $829,000 after acquiring an additional 1,584 shares during the period. Finally, Nisa Investment Advisors LLC raised its holdings in Autoliv by 51.2% in the 1st quarter. Nisa Investment Advisors LLC now owns 6,525 shares of the auto parts company’s stock valued at $577,000 after acquiring an additional 2,210 shares during the period. Institutional investors own 69.57% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have weighed in on ALV shares. Weiss Ratings reissued a “buy (b)” rating on shares of Autoliv in a report on Wednesday, October 8th. Barclays increased their price target on shares of Autoliv from $135.00 to $150.00 and gave the company an “overweight” rating in a report on Friday, October 10th. Berenberg Bank set a $134.00 target price on shares of Autoliv in a report on Tuesday, October 21st. Mizuho raised their target price on shares of Autoliv from $130.00 to $140.00 and gave the stock an “outperform” rating in a report on Tuesday, September 23rd. Finally, Wells Fargo & Company lowered their target price on shares of Autoliv from $132.00 to $129.00 and set an “equal weight” rating on the stock in a report on Monday, October 20th. Two analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $128.00.

Autoliv Stock Performance

NYSE ALV opened at $121.41 on Thursday. The firm’s fifty day moving average price is $122.26 and its two-hundred day moving average price is $113.32. The stock has a market cap of $9.22 billion, a PE ratio of 12.54, a PEG ratio of 0.88 and a beta of 1.35. Autoliv, Inc. has a fifty-two week low of $75.49 and a fifty-two week high of $129.54. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.70 and a current ratio of 0.95.

Autoliv (NYSE:ALV) last posted its earnings results on Friday, October 17th. The auto parts company reported $2.32 earnings per share for the quarter, topping analysts’ consensus estimates of $2.10 by $0.22. The firm had revenue of $2.71 billion for the quarter, compared to analysts’ expectations of $2.66 billion. Autoliv had a net margin of 7.09% and a return on equity of 31.22%. The company’s revenue was up 5.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.84 earnings per share. On average, equities analysts expect that Autoliv, Inc. will post 9.51 EPS for the current fiscal year.

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.