XY Capital Ltd Sells 2,233 Shares of Autoliv, Inc. (NYSE:ALV)

XY Capital Ltd trimmed its position in shares of Autoliv, Inc. (NYSE:ALV) by 10.6% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 18,747 shares of the auto parts company’s stock after selling 2,233 shares during the period. Autoliv comprises 0.8% of XY Capital Ltd’s investment portfolio, making the stock its 11th largest position. XY Capital Ltd’s holdings in Autoliv were worth $1,758,000 at the end of the most recent reporting period.

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

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on ALV shares. Daiwa America raised shares of Autoliv from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, January 7th. Robert W. Baird increased their price objective on Autoliv from $103.00 to $108.00 and gave the stock a “neutral” rating in a research note on Monday, October 21st. HSBC downgraded shares of Autoliv from a “buy” rating to a “hold” rating and dropped their price objective for the company from $109.00 to $100.00 in a research note on Tuesday, February 4th. Wells Fargo & Company cut their price objective on shares of Autoliv from $101.00 to $97.00 and set an “equal weight” rating on the stock in a research report on Monday, December 16th. Finally, Mizuho dropped their price target on Autoliv from $115.00 to $112.00 and set an “outperform” rating on the stock in a research note on Monday, February 3rd. Eight analysts have rated the stock with a hold rating, eight have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, Autoliv presently has a consensus rating of “Moderate Buy” and a consensus price target of $117.23.

Autoliv Stock Performance

Autoliv stock opened at $93.32 on Monday. The stock has a fifty day moving average price of $96.09 and a two-hundred day moving average price of $96.66. Autoliv, Inc. has a 52-week low of $89.51 and a 52-week high of $129.38. The firm has a market capitalization of $7.25 billion, a P/E ratio of 11.56, a P/E/G ratio of 0.69 and a beta of 1.58. 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) last released its earnings results on Friday, January 31st. The auto parts company reported $3.05 EPS for the quarter, topping analysts’ consensus estimates of $2.84 by $0.21. Autoliv had a net margin of 6.21% and a return on equity of 28.62%. As a group, analysts anticipate that Autoliv, Inc. will post 9.7 EPS for the current fiscal 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.