Caisse Des Depots ET Consignations Invests $1.30 Million in Autoliv, Inc. $ALV

Caisse Des Depots ET Consignations purchased a new stake in shares of Autoliv, Inc. (NYSE:ALV) in the third quarter, according to its most recent disclosure with the SEC. The firm purchased 10,540 shares of the auto parts company’s stock, valued at approximately $1,302,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Northstar Advisory Group LLC bought a new stake in shares of Autoliv in the 3rd quarter worth about $1,484,000. First Citizens Bank & Trust Co. bought a new position in shares of Autoliv during the third quarter worth about $1,385,000. Nordea Investment Management AB acquired a new position in Autoliv in the third quarter worth about $7,697,000. Asset Management One Co. Ltd. increased its holdings in Autoliv by 17.1% in the third quarter. Asset Management One Co. Ltd. now owns 88,535 shares of the auto parts company’s stock valued at $10,934,000 after buying an additional 12,944 shares during the last quarter. Finally, ABN AMRO Bank N.V. raised its stake in Autoliv by 10.7% during the third quarter. ABN AMRO Bank N.V. now owns 284,217 shares of the auto parts company’s stock valued at $34,974,000 after buying an additional 27,502 shares in the last quarter. Hedge funds and other institutional investors own 69.57% of the company’s stock.

Analyst Ratings Changes

Several brokerages have recently commented on ALV. Robert W. Baird set a $132.00 target price on Autoliv in a research report on Monday, February 2nd. Royal Bank Of Canada decreased their price objective on shares of Autoliv from $146.00 to $141.00 and set an “outperform” rating for the company in a report on Monday, February 2nd. UBS Group reiterated an “outperform” rating on shares of Autoliv in a research note on Monday, October 20th. Evercore reduced their price target on shares of Autoliv from $150.00 to $145.00 and set an “outperform” rating on the stock in a research report on Monday, February 2nd. Finally, Wall Street Zen lowered shares of Autoliv from a “strong-buy” rating to a “buy” rating in a report on Saturday, January 31st. Ten research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $134.40.

Autoliv Stock Performance

ALV opened at $126.58 on Thursday. The company has a current ratio of 1.05, a quick ratio of 0.79 and a debt-to-equity ratio of 0.67. The business’s 50 day moving average is $122.95 and its 200-day moving average is $121.15. The stock has a market cap of $9.61 billion, a PE ratio of 13.24, a price-to-earnings-growth ratio of 1.07 and a beta of 1.32. Autoliv, Inc. has a twelve month low of $75.49 and a twelve month high of $130.14.

Autoliv (NYSE:ALV) last posted its earnings results on Friday, January 30th. The auto parts company reported $3.19 EPS for the quarter, beating the consensus estimate 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 return on equity of 30.42% and a net margin of 6.80%.The firm’s revenue was up 7.7% compared to the same quarter last year. During the same period last year, the firm earned $3.05 EPS. On average, analysts predict that Autoliv, Inc. will post 9.51 earnings per share for the current year.

Autoliv Profile

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.