Greenleaf Trust Decreases Position in Autoliv, Inc. $ALV

Greenleaf Trust lowered its stake in shares of Autoliv, Inc. (NYSE:ALV) by 7.0% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 5,895 shares of the auto parts company’s stock after selling 443 shares during the period. Greenleaf Trust’s holdings in Autoliv were worth $660,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. SouthState Corp purchased a new stake in shares of Autoliv during the 1st quarter worth approximately $25,000. GAMMA Investing LLC increased its stake in shares of Autoliv by 122.9% during the 1st quarter. GAMMA Investing LLC now owns 370 shares of the auto parts company’s stock worth $33,000 after purchasing an additional 204 shares during the last quarter. FNY Investment Advisers LLC purchased a new stake in shares of Autoliv during the 1st quarter worth approximately $44,000. Signaturefd LLC increased its stake in shares of Autoliv by 63.4% during the 1st quarter. Signaturefd LLC now owns 678 shares of the auto parts company’s stock worth $60,000 after purchasing an additional 263 shares during the last quarter. Finally, Parallel Advisors LLC increased its stake in shares of Autoliv by 91.2% during the 2nd quarter. Parallel Advisors LLC now owns 719 shares of the auto parts company’s stock worth $80,000 after purchasing an additional 343 shares during the last quarter. Hedge funds and other institutional investors own 69.57% of the company’s stock.

Autoliv Stock Up 1.0%

Shares of NYSE:ALV opened at $125.48 on Friday. The firm has a fifty day moving average price of $121.17 and a two-hundred day moving average price of $107.49. The company has a debt-to-equity ratio of 0.55, a current ratio of 0.93 and a quick ratio of 0.70. Autoliv, Inc. has a one year low of $75.49 and a one year high of $127.89. The company has a market cap of $9.64 billion, a price-to-earnings ratio of 13.73, a PEG ratio of 1.29 and a beta of 1.33.

Autoliv (NYSE:ALV) last announced its quarterly earnings results on Friday, July 18th. The auto parts company reported $2.21 EPS for the quarter, beating the consensus estimate of $2.07 by $0.14. Autoliv had a net margin of 6.83% and a return on equity of 30.73%. The firm had revenue of $2.71 billion during the quarter, compared to the consensus estimate of $2.57 billion. During the same period last year, the firm earned $1.87 EPS. The business’s quarterly revenue was up 4.2% compared to the same quarter last year. Analysts anticipate that Autoliv, Inc. will post 9.51 EPS for the current fiscal year.

Analyst Ratings Changes

A number of research analysts recently weighed in on ALV shares. Royal Bank Of Canada started coverage on shares of Autoliv in a research note on Wednesday, June 25th. They issued an “outperform” rating and a $133.00 price objective for the company. Wells Fargo & Company lifted their price objective on shares of Autoliv from $126.00 to $132.00 and gave the company an “equal weight” rating in a research note on Thursday, September 25th. Barclays reiterated an “overweight” rating and issued a $135.00 price objective (up from $105.00) on shares of Autoliv in a research note on Wednesday, July 16th. Wall Street Zen upgraded shares of Autoliv from a “buy” rating to a “strong-buy” rating in a research note on Saturday, July 26th. Finally, Mizuho lifted their price objective on shares of Autoliv from $130.00 to $140.00 and gave the company an “outperform” rating in a research note on Tuesday, September 23rd. Two equities research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat.com, Autoliv presently has a consensus rating of “Moderate Buy” and a consensus price target of $125.00.

Autoliv 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.