Versor Investments LP Invests $753,000 in Autoliv, Inc. $ALV

Versor Investments LP acquired a new position in shares of Autoliv, Inc. (NYSE:ALV) in the third quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 6,100 shares of the auto parts company’s stock, valued at approximately $753,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. True Wealth Design LLC lifted its position in shares of Autoliv by 1,892.3% during the second quarter. True Wealth Design LLC now owns 259 shares of the auto parts company’s stock valued at $29,000 after buying an additional 246 shares during the last quarter. Root Financial Partners LLC acquired a new stake in Autoliv during the 3rd quarter worth about $32,000. Mitsubishi UFJ Asset Management Co. Ltd. grew its stake in Autoliv by 103.5% during the 2nd quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 348 shares of the auto parts company’s stock valued at $39,000 after purchasing an additional 177 shares during the last quarter. Global Retirement Partners LLC increased its holdings in shares of Autoliv by 18,550.0% in the third quarter. Global Retirement Partners LLC now owns 373 shares of the auto parts company’s stock valued at $46,000 after purchasing an additional 371 shares during the period. Finally, Bayforest Capital Ltd purchased a new position in shares of Autoliv in the third quarter worth about $53,000. Hedge funds and other institutional investors own 69.57% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on the company. Barclays reiterated an “overweight” rating and set a $140.00 price target on shares of Autoliv in a research report on Monday, February 2nd. Morgan Stanley set a $140.00 price objective on Autoliv in a report on Wednesday, November 26th. Weiss Ratings reiterated a “buy (b)” rating on shares of Autoliv in a research report on Monday, December 29th. Wolfe Research set a $143.00 target price on Autoliv in a report on Monday, January 12th. Finally, Royal Bank Of Canada lowered their price objective on shares of Autoliv from $146.00 to $141.00 and set an “outperform” rating for the company in a research note on Monday, February 2nd. Ten equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Autoliv has a consensus rating of “Moderate Buy” and a consensus target price of $134.40.

Autoliv Trading Up 1.8%

NYSE ALV opened at $125.75 on Wednesday. Autoliv, Inc. has a one year low of $75.49 and a one year high of $130.14. The firm has a market cap of $9.55 billion, a PE ratio of 13.15, a P/E/G ratio of 1.05 and a beta of 1.32. The firm’s fifty day moving average is $122.81 and its two-hundred day moving average is $121.11. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.79 and a current ratio of 1.05.

Autoliv (NYSE:ALV) last issued its quarterly earnings results on Friday, January 30th. The auto parts company reported $3.19 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.85 by $0.34. Autoliv had a return on equity of 30.42% and a net margin of 6.80%.The firm had revenue of $2.82 billion for the quarter, compared to analysts’ expectations of $2.77 billion. During the same quarter in the previous year, the firm posted $3.05 EPS. The firm’s revenue for the quarter was up 7.7% on a year-over-year basis. Analysts expect that Autoliv, Inc. will post 9.51 earnings per share for the current year.

Autoliv Company Profile

Autoliv Inc (NYSE: ALV) is a leading global supplier of automotive safety systems, specializing in the design, development and manufacture of passive and active safety products. Its core product portfolio includes airbags, seatbelts, steering wheels, restraint control modules and pedestrian protection systems. In recent years, the company has also expanded into active safety technologies, offering radar, camera and sensor solutions that support advanced driver assistance systems (ADAS) and autonomous driving applications.

Founded in 1997 following the spin-off of Electrolux’s automotive safety business, Autoliv has evolved into a multinational organization with a presence in over 27 countries.