State of Wisconsin Investment Board Has $13.96 Million Holdings in Autoliv, Inc. (ALV)
State of Wisconsin Investment Board grew its position in Autoliv, Inc. (NYSE:ALV) by 98.2% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 112,929 shares of the auto parts company’s stock after purchasing an additional 55,949 shares during the quarter. State of Wisconsin Investment Board owned about 0.13% of Autoliv worth $13,958,000 at the end of the most recent reporting period.
Several other large investors also recently bought and sold shares of ALV. Toronto Dominion Bank lifted its stake in shares of Autoliv by 11.7% during the second quarter. Toronto Dominion Bank now owns 1,085 shares of the auto parts company’s stock worth $119,000 after buying an additional 114 shares during the period. Victory Capital Management Inc. lifted its stake in shares of Autoliv by 43.9% during the second quarter. Victory Capital Management Inc. now owns 1,356 shares of the auto parts company’s stock worth $149,000 after buying an additional 414 shares during the period. Teachers Advisors LLC lifted its stake in shares of Autoliv by 288.3% during the second quarter. Teachers Advisors LLC now owns 1,425 shares of the auto parts company’s stock worth $156,000 after buying an additional 1,058 shares during the period. JPMorgan Chase & Co. lifted its stake in shares of Autoliv by 9.8% during the second quarter. JPMorgan Chase & Co. now owns 1,920 shares of the auto parts company’s stock worth $210,000 after buying an additional 171 shares during the period. Finally, Pacer Advisors Inc. lifted its stake in shares of Autoliv by 8.1% during the second quarter. Pacer Advisors Inc. now owns 1,944 shares of the auto parts company’s stock worth $213,000 after buying an additional 145 shares during the period. Institutional investors and hedge funds own 32.69% of the company’s stock.
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Autoliv, Inc. (NYSE:ALV) opened at $123.25 on Tuesday. The firm has a market cap of $10,733.50, a PE ratio of 19.69, a price-to-earnings-growth ratio of 2.40 and a beta of 1.10. Autoliv, Inc. has a 1 year low of $96.08 and a 1 year high of $127.75. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.55 and a quick ratio of 1.23.
Autoliv (NYSE:ALV) last issued its quarterly earnings data on Thursday, October 26th. The auto parts company reported $1.47 earnings per share for the quarter, topping analysts’ consensus estimates of $1.33 by $0.14. The business had revenue of $2.50 billion during the quarter, compared to the consensus estimate of $2.50 billion. Autoliv had a net margin of 4.96% and a return on equity of 13.42%. The company’s revenue was up 1.6% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.63 earnings per share. sell-side analysts expect that Autoliv, Inc. will post 6.26 EPS for the current year.
Several research firms have recently commented on ALV. KeyCorp reiterated a “buy” rating and set a $146.00 price objective (up from $136.00) on shares of Autoliv in a research note on Monday, November 6th. Piper Jaffray Companies set a $99.00 price objective on shares of Autoliv and gave the stock a “hold” rating in a research note on Monday, October 16th. Zacks Investment Research downgraded shares of Autoliv from a “buy” rating to a “hold” rating in a research note on Tuesday, October 31st. Cowen and Company began coverage on shares of Autoliv in a research note on Monday, September 25th. They set a “market perform” rating and a $120.00 price objective for the company. Finally, BMO Capital Markets reiterated an “outperform” rating and set a $121.00 price objective on shares of Autoliv in a research note on Wednesday, July 26th. Four research analysts have rated the stock with a sell rating, twelve have given a hold rating and nine have given a buy rating to the company’s stock. Autoliv presently has a consensus rating of “Hold” and an average target price of $108.55.
Autoliv, Inc is a supplier of automotive safety systems with a range of product offerings, including passive safety systems and active safety systems. The Company operates through two segments: Passive Safety and Electronics. The Passive safety products include modules and components for passenger and driver-side airbags, side-impact airbag protection systems, seatbelts, steering wheels, inflator technologies, whiplash protection systems and child seats, and components for such systems, as well as passive safety electronic products, such as restraint electronics and crash sensors.
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