36,168 Shares in Autoliv, Inc. (NYSE:ALV) Acquired by C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors

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

A number of other hedge funds have also modified their holdings of the business. GAM Holding AG purchased a new position in shares of Autoliv during the fourth quarter worth approximately $1,261,000. CIBC Asset Management Inc grew its position in Autoliv by 5.2% in the 4th quarter. CIBC Asset Management Inc now owns 2,501 shares of the auto parts company's stock valued at $235,000 after buying an additional 124 shares during the last quarter. Rhumbline Advisers grew its position in Autoliv by 3.5% in the 4th quarter. Rhumbline Advisers now owns 132,389 shares of the auto parts company's stock valued at $12,417,000 after buying an additional 4,483 shares during the last quarter. ABC Arbitrage SA purchased a new position in Autoliv in the 4th quarter valued at $394,000. Finally, Van ECK Associates Corp grew its position in Autoliv by 40.0% in the 4th quarter. Van ECK Associates Corp now owns 67,751 shares of the auto parts company's stock valued at $6,354,000 after buying an additional 19,360 shares during the last quarter. 69.57% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on ALV. StockNews.com upgraded shares of Autoliv from a "hold" rating to a "buy" rating in a research report on Thursday, January 23rd. Daiwa Capital Markets upgraded shares of Autoliv from a "neutral" rating to an "outperform" rating and set a $109.00 price objective on the stock in a research report on Tuesday, January 7th. HSBC lowered shares of Autoliv from a "buy" rating to a "hold" rating and lowered their price objective for the company from $109.00 to $100.00 in a research report on Tuesday, February 4th. Wells Fargo & Company decreased their target price 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. Finally, Daiwa America raised Autoliv from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, January 7th. Eight equities research analysts have rated the stock with a hold rating, eight have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, Autoliv currently has an average rating of "Moderate Buy" and a consensus price target of $117.23.

Autoliv Trading Down 1.7 %

NYSE:ALV traded down $1.68 on Friday, reaching $97.41. The stock had a trading volume of 860,801 shares, compared to its average volume of 778,065. The company has a market cap of $7.57 billion, a price-to-earnings ratio of 12.07, 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 current ratio of 0.96 and a quick ratio of 0.71. The firm's fifty day moving average is $95.74 and its two-hundred day moving average is $96.54. 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 data on Friday, January 31st. The auto parts company reported $3.05 earnings per share for the quarter, topping the consensus estimate of $2.84 by $0.21. Autoliv had a net margin of 6.21% and a return on equity of 28.62%. Equities analysts expect that Autoliv, Inc. will post 9.58 EPS for the current fiscal year.

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.