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 stake in Autoliv, Inc. (NYSE:ALV) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 36,168 shares of the auto parts company’s stock, valued at approximately $3,392,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in ALV. UMB Bank n.a. grew its stake in shares of Autoliv by 139.5% in the fourth quarter. UMB Bank n.a. now owns 273 shares of the auto parts company’s stock valued at $26,000 after buying an additional 159 shares in the last quarter. Fred Alger Management LLC purchased a new position in Autoliv during the 3rd quarter valued at about $45,000. Farther Finance Advisors LLC grew its position in Autoliv by 2,115.5% in the 3rd quarter. Farther Finance Advisors LLC now owns 2,282 shares of the auto parts company’s stock valued at $213,000 after acquiring an additional 2,179 shares in the last quarter. Foundations Investment Advisors LLC acquired a new position in Autoliv in the 3rd quarter valued at about $222,000. Finally, Blueshift Asset Management LLC increased its stake in Autoliv by 14.6% during the third quarter. Blueshift Asset Management LLC now owns 2,629 shares of the auto parts company’s stock worth $245,000 after purchasing an additional 334 shares during the period. Hedge funds and other institutional investors own 69.57% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on ALV shares. 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 note on Tuesday, February 4th. Hsbc Global Res cut shares of Autoliv from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, February 4th. Mizuho cut their price objective on Autoliv from $115.00 to $112.00 and set an “outperform” rating on the stock in a research report on Monday, February 3rd. Daiwa Capital Markets upgraded Autoliv from a “neutral” rating to an “outperform” rating and set a $109.00 target price for the company in a report on Tuesday, January 7th. 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 issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, Autoliv has a consensus rating of “Moderate Buy” and an average price target of $117.23.

Autoliv Price Performance

Shares of NYSE ALV opened at $92.78 on Thursday. The business has a 50-day moving average price of $95.72 and a 200 day moving average price of $96.54. The stock has a market cap of $7.21 billion, a PE ratio of 11.50, a price-to-earnings-growth ratio of 0.69 and a beta of 1.58. The company has a quick ratio of 0.71, a current ratio of 0.96 and a debt-to-equity ratio of 0.67. Autoliv, Inc. has a 52-week low of $89.51 and a 52-week high of $129.38.

Autoliv (NYSE:ALV) last posted its quarterly earnings data on Friday, January 31st. The auto parts company reported $3.05 earnings per share for the quarter, beating 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%. Equities research analysts forecast that Autoliv, Inc. will post 9.7 earnings per share for the current year.

Autoliv 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.