Autoliv (NYSE:ALV) Cut to Hold at StockNews.com

Autoliv (NYSE:ALV) was downgraded by stock analysts at StockNews.com from a “buy” rating to a “hold” rating in a research note issued on Tuesday.

Several other research analysts also recently issued reports on the stock. Wells Fargo & Company reduced their price target on shares of Autoliv from $101.00 to $97.00 and set an “equal weight” rating on the stock in a research report on Monday, December 16th. Daiwa America raised Autoliv from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, January 7th. HSBC cut Autoliv from a “buy” rating to a “hold” rating and decreased their price target for the company from $109.00 to $100.00 in a report on Tuesday, February 4th. Daiwa Capital Markets raised Autoliv from a “neutral” rating to an “outperform” rating and set a $109.00 price objective for the company in a report on Tuesday, January 7th. Finally, Mizuho reduced their target price on shares of Autoliv from $115.00 to $112.00 and set an “outperform” rating on the stock in a research note on Monday, February 3rd. Ten investment analysts have rated the stock with a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, Autoliv presently has a consensus rating of “Moderate Buy” and an average target price of $117.23.

Autoliv Stock Down 0.9 %

Shares of NYSE:ALV opened at $98.13 on Tuesday. The company has a market capitalization of $7.63 billion, a PE ratio of 12.16, a P/E/G ratio of 0.73 and a beta of 1.58. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.71 and a current ratio of 0.96. The company’s fifty day moving average is $96.03 and its 200-day moving average is $96.62. Autoliv has a 52 week low of $89.51 and a 52 week high of $129.38.

Autoliv (NYSE:ALV) last released its quarterly earnings results on Friday, January 31st. The auto parts company reported $3.05 EPS for the quarter, beating analysts’ consensus estimates of $2.84 by $0.21. Autoliv had a net margin of 6.21% and a return on equity of 28.62%. Equities research analysts predict that Autoliv will post 9.51 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Autoliv

Several large investors have recently made changes to their positions in the stock. UMB Bank n.a. raised its stake in shares of Autoliv by 139.5% in the 4th quarter. UMB Bank n.a. now owns 273 shares of the auto parts company’s stock valued at $26,000 after purchasing an additional 159 shares during the period. AlphaQuest LLC raised its position in Autoliv by 74.4% in the 4th quarter. AlphaQuest LLC now owns 314 shares of the auto parts company’s stock valued at $29,000 after buying an additional 134 shares during the last quarter. Fred Alger Management LLC acquired a new position in Autoliv during the 3rd quarter worth approximately $45,000. Twin Tree Management LP bought a new position in shares of Autoliv during the 4th quarter worth approximately $50,000. Finally, Physician Wealth Advisors Inc. acquired a new stake in shares of Autoliv in the fourth quarter valued at approximately $57,000. Institutional investors own 69.57% of the company’s stock.

Autoliv Company Profile

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.