Autoliv, Inc. (NYSE:ALV)‘s stock had its “hold” rating restated by equities researchers at Robert W. Baird in a report released on Thursday.

Several other research firms have also issued reports on ALV. Deutsche Bank AG restated a “hold” rating and set a $120.00 price target (up from $101.00) on shares of Autoliv in a research report on Thursday, September 14th. ValuEngine upgraded Autoliv from a “hold” rating to a “buy” rating in a research report on Friday, September 15th. Citigroup Inc. raised their price target on Autoliv from $105.00 to $129.00 and gave the stock a “neutral” rating in a research report on Friday, September 15th. Mizuho raised their price target on Autoliv from $130.00 to $140.00 and gave the stock a “buy” rating in a research report on Friday, September 15th. Finally, Wells Fargo & Company raised their price target on Autoliv to $140.00 and gave the stock an “outperform” rating in a research report on Friday, September 15th. They noted that the move was a valuation call. Four investment analysts have rated the stock with a sell rating, twelve have assigned a hold rating and eight have assigned a buy rating to the company. The stock currently has an average rating of “Hold” and an average target price of $111.90.

Shares of Autoliv (NYSE:ALV) traded up 1.50% during mid-day trading on Thursday, hitting $124.43. The stock had a trading volume of 532,531 shares. The firm has a 50 day moving average price of $109.98 and a 200-day moving average price of $107.14. The stock has a market cap of $10.81 billion, a P/E ratio of 19.66 and a beta of 1.12. Autoliv has a 12 month low of $93.31 and a 12 month high of $127.72.

Autoliv (NYSE:ALV) last announced its quarterly earnings data on Friday, July 21st. The auto parts company reported $1.44 EPS for the quarter, missing the consensus estimate of $1.48 by ($0.04). The firm had revenue of $2.55 billion for the quarter, compared to the consensus estimate of $2.57 billion. Autoliv had a net margin of 5.44% and a return on equity of 13.96%. Autoliv’s revenue for the quarter was down 1.3% compared to the same quarter last year. During the same quarter last year, the company posted $1.75 earnings per share. On average, equities research analysts forecast that Autoliv will post $6.23 EPS for the current year.

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In other news, VP Thomas Jonsson sold 1,240 shares of the firm’s stock in a transaction that occurred on Wednesday, July 26th. The stock was sold at an average price of $108.55, for a total value of $134,602.00. Following the completion of the transaction, the vice president now owns 2,311 shares in the company, valued at approximately $250,859.05. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Company insiders own 0.25% of the company’s stock.

A number of large investors have recently made changes to their positions in ALV. Russell Investments Group Ltd. raised its stake in Autoliv by 10.3% during the first quarter. Russell Investments Group Ltd. now owns 10,754 shares of the auto parts company’s stock valued at $1,100,000 after buying an additional 1,007 shares during the last quarter. State Board of Administration of Florida Retirement System raised its stake in Autoliv by 4.3% during the first quarter. State Board of Administration of Florida Retirement System now owns 9,627 shares of the auto parts company’s stock valued at $984,000 after buying an additional 400 shares during the last quarter. Bank of New York Mellon Corp raised its stake in Autoliv by 0.7% during the first quarter. Bank of New York Mellon Corp now owns 195,818 shares of the auto parts company’s stock valued at $20,025,000 after buying an additional 1,410 shares during the last quarter. BNP Paribas Arbitrage SA raised its stake in Autoliv by 110.7% during the first quarter. BNP Paribas Arbitrage SA now owns 12,138 shares of the auto parts company’s stock valued at $1,241,000 after buying an additional 6,376 shares during the last quarter. Finally, Comerica Bank raised its stake in Autoliv by 1.5% during the first quarter. Comerica Bank now owns 5,228 shares of the auto parts company’s stock valued at $558,000 after buying an additional 78 shares during the last quarter. Institutional investors and hedge funds own 32.76% of the company’s stock.

Autoliv Company Profile

Autoliv, Inc is a supplier of automotive safety systems with a range of product offerings, including passive safety systems and active safety systems. The Company operates through two segments: Passive Safety and Electronics. The Passive safety products include modules and components for passenger and driver-side airbags, side-impact airbag protection systems, seatbelts, steering wheels, inflator technologies, whiplash protection systems and child seats, and components for such systems, as well as passive safety electronic products, such as restraint electronics and crash sensors.

Analyst Recommendations for Autoliv (NYSE:ALV)

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