ABN Amro Investment Solutions Has $17.05 Million Stock Position in Autoliv, Inc. $ALV

ABN Amro Investment Solutions lessened its holdings in shares of Autoliv, Inc. (NYSE:ALV) by 6.2% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 138,077 shares of the auto parts company’s stock after selling 9,124 shares during the quarter. ABN Amro Investment Solutions owned approximately 0.18% of Autoliv worth $17,053,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of the stock. Swedbank AB raised its holdings in Autoliv by 8.5% in the 3rd quarter. Swedbank AB now owns 2,601,246 shares of the auto parts company’s stock valued at $321,254,000 after acquiring an additional 203,511 shares in the last quarter. Charles Schwab Investment Management Inc. increased its position in shares of Autoliv by 1.4% during the second quarter. Charles Schwab Investment Management Inc. now owns 2,517,790 shares of the auto parts company’s stock valued at $281,741,000 after purchasing an additional 34,064 shares during the period. LSV Asset Management increased its position in shares of Autoliv by 54.9% during the third quarter. LSV Asset Management now owns 1,579,687 shares of the auto parts company’s stock valued at $195,091,000 after purchasing an additional 559,605 shares during the period. Massachusetts Financial Services Co. MA raised its stake in shares of Autoliv by 26.0% in the second quarter. Massachusetts Financial Services Co. MA now owns 999,506 shares of the auto parts company’s stock valued at $111,845,000 after purchasing an additional 206,200 shares in the last quarter. Finally, Norges Bank bought a new position in Autoliv in the second quarter worth $110,368,000. 69.57% of the stock is owned by institutional investors.

Autoliv Stock Performance

ALV stock opened at $124.92 on Friday. The stock has a market capitalization of $9.49 billion, a PE ratio of 13.07, a price-to-earnings-growth ratio of 1.04 and a beta of 1.32. Autoliv, Inc. has a fifty-two week low of $75.49 and a fifty-two week high of $130.14. The company has a debt-to-equity ratio of 0.67, a current ratio of 1.05 and a quick ratio of 0.79. The company has a 50 day moving average price of $123.24 and a 200 day moving average price of $121.29.

Autoliv (NYSE:ALV) last announced its quarterly earnings data on Friday, January 30th. The auto parts company reported $3.19 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.85 by $0.34. The firm had revenue of $2.82 billion for the quarter, compared to analysts’ expectations of $2.77 billion. Autoliv had a net margin of 6.80% and a return on equity of 30.42%. The business’s revenue for the quarter was up 7.7% on a year-over-year basis. During the same period last year, the firm earned $3.05 earnings per share. Analysts forecast that Autoliv, Inc. will post 9.51 EPS for the current year.

Analyst Ratings Changes

ALV has been the topic of several analyst reports. Royal Bank Of Canada lowered their price target on shares of Autoliv from $146.00 to $141.00 and set an “outperform” rating on the stock in a report on Monday, February 2nd. JPMorgan Chase & Co. upgraded shares of Autoliv from a “neutral” rating to an “overweight” rating and lifted their target price for the company from $109.00 to $140.00 in a research report on Wednesday, November 26th. Robert W. Baird set a $132.00 price target on shares of Autoliv in a research report on Monday, February 2nd. UBS Group restated an “outperform” rating on shares of Autoliv in a research note on Monday, October 20th. Finally, Berenberg Bank set a $134.00 price objective on Autoliv in a report on Tuesday, October 21st. Ten analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $134.40.

About Autoliv

Autoliv Inc (NYSE: ALV) is a leading global supplier of automotive safety systems, specializing in the design, development and manufacture of passive and active safety products. Its core product portfolio includes airbags, seatbelts, steering wheels, restraint control modules and pedestrian protection systems. In recent years, the company has also expanded into active safety technologies, offering radar, camera and sensor solutions that support advanced driver assistance systems (ADAS) and autonomous driving applications.

Founded in 1997 following the spin-off of Electrolux’s automotive safety business, Autoliv has evolved into a multinational organization with a presence in over 27 countries.