Mutual of America Capital Management LLC Cuts Holdings in Autoliv, Inc. (NYSE:ALV)

Mutual of America Capital Management LLC reduced its position in Autoliv, Inc. (NYSE:ALVFree Report) by 11.5% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 49,397 shares of the auto parts company’s stock after selling 6,441 shares during the quarter. Mutual of America Capital Management LLC owned about 0.06% of Autoliv worth $4,766,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently added to or reduced their stakes in ALV. BlackRock Inc. raised its position in Autoliv by 188.9% in the first quarter. BlackRock Inc. now owns 5,468,058 shares of the auto parts company’s stock valued at $510,498,000 after purchasing an additional 3,575,146 shares during the period. State Street Corp raised its position in Autoliv by 185.3% in the first quarter. State Street Corp now owns 1,455,700 shares of the auto parts company’s stock valued at $135,904,000 after purchasing an additional 945,517 shares during the period. Norges Bank purchased a new stake in shares of Autoliv during the fourth quarter worth about $67,916,000. Millennium Management LLC increased its position in shares of Autoliv by 292.3% during the fourth quarter. Millennium Management LLC now owns 1,146,435 shares of the auto parts company’s stock worth $87,794,000 after acquiring an additional 854,212 shares during the last quarter. Finally, Caxton Associates LP purchased a new stake in shares of Autoliv during the second quarter worth about $27,209,000. 56.70% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, insider Colin Naughton sold 782 shares of the business’s stock in a transaction that occurred on Friday, February 2nd. The stock was sold at an average price of $110.68, for a total transaction of $86,551.76. Following 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 filing with the SEC, which is available through the SEC website. 0.22% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on ALV shares. Wolfe Research lowered Autoliv from an “outperform” rating to a “peer perform” rating in a research report on Thursday, January 4th. Mizuho lifted their target price on Autoliv from $106.00 to $115.00 and gave the stock a “buy” rating in a research report on Friday, January 5th. StockNews.com upgraded Autoliv from a “hold” rating to a “buy” rating in a research note on Saturday, January 20th. Berenberg Bank upgraded Autoliv from a “hold” rating to a “buy” rating and set a $120.00 price target for the company in a research note on Friday, January 12th. Finally, The Goldman Sachs Group lifted their price target on Autoliv from $126.00 to $142.00 and gave the stock a “buy” rating in a research note on Thursday, October 26th. Seven equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $112.18.

View Our Latest Stock Analysis on ALV

Autoliv Stock Performance

ALV opened at $110.89 on Tuesday. The business’s 50 day moving average is $106.08 and its 200-day moving average is $100.25. The stock 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. The company has a current ratio of 0.98, a quick ratio of 0.73 and a debt-to-equity ratio of 0.52. Autoliv, Inc. has a twelve month low of $79.66 and a twelve month high of $112.40.

Autoliv (NYSE:ALVGet Free Report) last announced its earnings results on Friday, January 26th. The auto parts company reported $3.74 EPS 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 firm had revenue of $2.75 billion for the quarter, compared to analysts’ expectations of $2.75 billion. During the same quarter in the previous year, the company earned $1.83 earnings per share. The firm’s quarterly revenue was up 17.8% compared to the same quarter last year. On average, analysts predict that Autoliv, Inc. will post 9.74 earnings per share 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.

Further Reading

Institutional Ownership by Quarter for Autoliv (NYSE:ALV)

Receive News & Ratings for Autoliv Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Autoliv and related companies with MarketBeat.com's FREE daily email newsletter.