Autoliv, Inc. (NYSE:ALV) Shares Sold by Jump Financial LLC

Jump Financial LLC cut its holdings in Autoliv, Inc. (NYSE:ALVFree Report) by 61.5% during the third quarter, Holdings Channel reports. The institutional investor owned 3,781 shares of the auto parts company’s stock after selling 6,030 shares during the quarter. Jump Financial LLC’s holdings in Autoliv were worth $365,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently modified their holdings of the business. Park Place Capital Corp purchased a new stake in Autoliv during the second quarter worth $25,000. New York State Common Retirement Fund purchased a new stake in Autoliv during the first quarter worth $49,000. CWM LLC boosted its position in Autoliv by 43.5% during the second quarter. CWM LLC now owns 683 shares of the auto parts company’s stock worth $58,000 after purchasing an additional 207 shares in the last quarter. Fifth Third Bancorp boosted its position in Autoliv by 269.5% during the third quarter. Fifth Third Bancorp now owns 872 shares of the auto parts company’s stock worth $84,000 after purchasing an additional 636 shares in the last quarter. Finally, DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main acquired a new position in shares of Autoliv in the second quarter worth $72,000. 56.70% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on ALV shares. Berenberg Bank raised Autoliv from a “hold” rating to a “buy” rating and set a $120.00 price target for the company in a report on Friday, January 12th. StockNews.com raised Autoliv from a “hold” rating to a “buy” rating in a report on Saturday, January 20th. Wolfe Research cut Autoliv from an “outperform” rating to a “peer perform” rating in a report on Thursday, January 4th. Wells Fargo & Company upped their target price on Autoliv from $101.00 to $107.00 and gave the company an “equal weight” rating in a research note on Monday, January 29th. Finally, The Goldman Sachs Group upped their target price on Autoliv from $126.00 to $142.00 and gave the company a “buy” rating in a research note on Thursday, October 26th. Seven research analysts have rated the stock with a hold rating and six have given a buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $112.18.

View Our Latest Stock Report on Autoliv

Insider Transactions at Autoliv

In other news, insider Colin Naughton sold 782 shares of the company’s stock in a transaction dated Friday, February 2nd. The stock was sold at an average price of $110.68, for a total value of $86,551.76. Following the completion of the sale, the insider now owns 5,594 shares of the company’s stock, valued at $619,143.92. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Company insiders own 0.22% of the company’s stock.

Autoliv Price Performance

ALV stock opened at $110.89 on Tuesday. The stock has a 50-day moving average price of $106.08 and a two-hundred day moving average price of $100.25. Autoliv, Inc. has a 12-month low of $79.66 and a 12-month high of $112.40. The company has a current ratio of 0.98, a quick ratio of 0.73 and a debt-to-equity ratio of 0.52. The company has a market cap of $9.33 billion, a PE ratio of 19.29, a price-to-earnings-growth ratio of 0.70 and a beta of 1.71.

Autoliv (NYSE:ALVGet Free Report) last issued its earnings results on Friday, January 26th. The auto parts company reported $3.74 earnings per share for the quarter, topping the consensus estimate of $3.37 by $0.37. Autoliv had a return on equity of 27.13% and a net margin of 4.66%. The company had revenue of $2.75 billion during the quarter, compared to the consensus estimate of $2.75 billion. During the same quarter in the prior year, the business earned $1.83 earnings per share. The company’s revenue was up 17.8% compared to the same quarter last year. As a group, research analysts predict that Autoliv, Inc. will post 9.74 EPS for the current year.

Autoliv Company Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Autoliv (NYSE:ALV)

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