C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors Takes $3.39 Million Position in Autoliv, Inc. (NYSE:ALV)

C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors acquired a new position in shares of Autoliv, Inc. (NYSE:ALV - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 36,168 shares of the auto parts company's stock, valued at approximately $3,392,000.

Other large investors also recently added to or reduced their stakes in the company. UMB Bank n.a. boosted its position in shares of Autoliv by 139.5% during the 4th quarter. UMB Bank n.a. now owns 273 shares of the auto parts company's stock valued at $26,000 after acquiring an additional 159 shares during the last quarter. Fred Alger Management LLC purchased a new position in Autoliv during the third quarter worth about $45,000. Farther Finance Advisors LLC boosted its holdings in Autoliv by 2,115.5% in the 3rd quarter. Farther Finance Advisors LLC now owns 2,282 shares of the auto parts company's stock valued at $213,000 after purchasing an additional 2,179 shares during the last quarter. Foundations Investment Advisors LLC purchased a new stake in shares of Autoliv in the 3rd quarter valued at approximately $222,000. Finally, Blueshift Asset Management LLC increased its holdings in shares of Autoliv by 14.6% during the 3rd quarter. Blueshift Asset Management LLC now owns 2,629 shares of the auto parts company's stock worth $245,000 after buying an additional 334 shares during the last quarter. 69.57% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

ALV has been the subject of several research analyst reports. Daiwa Capital Markets upgraded Autoliv from a "neutral" rating to an "outperform" rating and set a $109.00 price target for the company in a research report on Tuesday, January 7th. StockNews.com upgraded Autoliv from a "hold" rating to a "buy" rating in a report on Thursday, January 23rd. Mizuho cut their price target 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. HSBC lowered shares of Autoliv from a "buy" rating to a "hold" rating and cut their price target for the stock from $109.00 to $100.00 in a research note on Tuesday, February 4th. Finally, Robert W. Baird boosted their price target on shares of Autoliv from $103.00 to $108.00 and gave the stock a "neutral" rating in a research note on Monday, October 21st. Eight research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $117.23.

Autoliv Stock Up 3.3 %

Shares of ALV stock traded up $3.17 during trading hours on Friday, reaching $98.21. 962,825 shares of the stock were exchanged, compared to its average volume of 776,826. The business's fifty day moving average is $95.70 and its two-hundred day moving average is $96.51. The company has a debt-to-equity ratio of 0.67, a current ratio of 0.96 and a quick ratio of 0.71. The firm has a market capitalization of $7.63 billion, a P/E ratio of 12.17, a P/E/G ratio of 0.69 and a beta of 1.58. Autoliv, Inc. has a 12-month low of $89.51 and a 12-month high of $129.38.

Autoliv (NYSE:ALV - Get Free Report) last announced its quarterly earnings results on Friday, January 31st. The auto parts company reported $3.05 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.84 by $0.21. Autoliv had a return on equity of 28.62% and a net margin of 6.21%. As a group, research analysts expect that Autoliv, Inc. will post 9.7 EPS for the current fiscal year.

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.