Jane Street Group LLC lifted its position in Veoneer Inc (NYSE:VNE) by 88.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 92,747 shares of the company’s stock after buying an additional 43,573 shares during the period. Jane Street Group LLC owned about 0.11% of Veoneer worth $2,186,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Whittier Trust Co. of Nevada Inc. bought a new position in shares of Veoneer in the fourth quarter worth approximately $37,000. Citigroup Inc. lifted its stake in shares of Veoneer by 113.7% in the fourth quarter. Citigroup Inc. now owns 4,011 shares of the company’s stock worth $94,000 after buying an additional 2,134 shares in the last quarter. LSV Asset Management bought a new position in shares of Veoneer in the third quarter worth approximately $132,000. NumerixS Investment Technologies Inc bought a new position in shares of Veoneer in the fourth quarter worth approximately $134,000. Finally, Panagora Asset Management Inc. bought a new position in shares of Veoneer in the third quarter worth approximately $138,000. Hedge funds and other institutional investors own 25.51% of the company’s stock.

VNE opened at $23.41 on Wednesday. The company has a current ratio of 2.43, a quick ratio of 2.16 and a debt-to-equity ratio of 0.01. Veoneer Inc has a 1-year low of $22.63 and a 1-year high of $57.93.

A number of brokerages recently weighed in on VNE. Zacks Investment Research downgraded shares of Veoneer from a “hold” rating to a “sell” rating in a research report on Saturday, January 5th. Barclays set a $35.00 price objective on shares of Veoneer and gave the company a “buy” rating in a research report on Friday, January 4th. KeyCorp began coverage on shares of Veoneer in a research report on Monday, December 10th. They set a “sector weight” rating on the stock. Nordea Equity Research downgraded shares of Veoneer from a “buy” rating to a “hold” rating in a research report on Thursday, February 14th. Finally, Jefferies Financial Group restated a “hold” rating and set a $34.00 price objective on shares of Veoneer in a research report on Tuesday, December 4th. Six equities research analysts have rated the stock with a sell rating, eleven have given a hold rating and four have issued a buy rating to the company. The company has an average rating of “Hold” and an average target price of $42.53.

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About Veoneer

Veoneer, Inc designs, develops, manufactures, and sells automotive safety electronic products in Asia, the Americas, and Europe. It operates in two segments, Electronics and Brake Systems. The company provides automotive radars, night driving assist systems, positioning systems, advanced driver assistance systems (ADAS), night vision systems, brake control systems, electronic control units, active safety sensors, and controllers; mono-and stereo-vision cameras; and passive safety electronics, such as airbag control units and crash sensors.

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Institutional Ownership by Quarter for Veoneer (NYSE:VNE)

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