GAM Holding AG Makes New Investment in Autoliv, Inc. (NYSE:ALV)

GAM Holding AG acquired a new stake 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. The institutional investor acquired 13,443 shares of the auto parts company's stock, valued at approximately $1,261,000.

Several other hedge funds have also recently added to or reduced their stakes in the business. Legend Financial Advisors Inc. boosted its stake in Autoliv by 1.8% during the 4th quarter. Legend Financial Advisors Inc. now owns 6,344 shares of the auto parts company's stock valued at $595,000 after purchasing an additional 115 shares during the period. CIBC Asset Management Inc boosted its stake in Autoliv by 5.2% during the 4th quarter. CIBC Asset Management Inc now owns 2,501 shares of the auto parts company's stock valued at $235,000 after purchasing an additional 124 shares during the period. Quantinno Capital Management LP lifted its position in shares of Autoliv by 0.6% in the 3rd quarter. Quantinno Capital Management LP now owns 23,456 shares of the auto parts company's stock worth $2,190,000 after acquiring an additional 130 shares during the period. Hennion & Walsh Asset Management Inc. lifted its position in shares of Autoliv by 3.5% in the 4th quarter. Hennion & Walsh Asset Management Inc. now owns 4,171 shares of the auto parts company's stock worth $391,000 after acquiring an additional 140 shares during the period. Finally, UMB Bank n.a. lifted its position 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 worth $26,000 after acquiring an additional 159 shares during the period. Institutional investors own 69.57% of the company's stock.

Autoliv Trading Down 1.7 %

Shares of NYSE ALV traded down $1.68 during midday trading on Friday, hitting $97.41. The stock had a trading volume of 860,801 shares, compared to its average volume of 778,065. The company's 50-day simple moving average is $95.74 and its 200 day simple moving average is $96.52. The firm has a market cap of $7.57 billion, a P/E ratio of 12.07, a price-to-earnings-growth ratio of 0.73 and a beta of 1.58. Autoliv, Inc. has a fifty-two week low of $89.51 and a fifty-two week high of $129.38. The company has a debt-to-equity ratio of 0.67, a current ratio of 0.96 and a quick ratio of 0.71.

Autoliv (NYSE:ALV - Get Free Report) last posted its quarterly earnings results on Friday, January 31st. The auto parts company reported $3.05 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.84 by $0.21. Autoliv had a return on equity of 28.62% and a net margin of 6.21%. Research analysts anticipate that Autoliv, Inc. will post 9.58 EPS for the current year.

Wall Street Analyst Weigh In

A number of analysts have commented on the company. Daiwa Capital Markets upgraded Autoliv from a "neutral" rating to an "outperform" rating and set a $109.00 price objective for the company in a research report on Tuesday, January 7th. HSBC downgraded Autoliv from a "buy" rating to a "hold" rating and reduced their price objective for the stock from $109.00 to $100.00 in a research report on Tuesday, February 4th. Wells Fargo & Company dropped their target price on Autoliv from $101.00 to $97.00 and set an "equal weight" rating for the company in a report on Monday, December 16th. Daiwa America raised Autoliv from a "hold" rating to a "strong-buy" rating in a report on Tuesday, January 7th. Finally, Hsbc Global Res cut Autoliv from a "strong-buy" rating to a "hold" rating in a report on Tuesday, February 4th. Eight equities research analysts have rated the stock with a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $117.23.

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.