C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors Buys Shares of 36,168 Autoliv, Inc. (NYSE:ALV)

C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors purchased a new stake in Autoliv, Inc. (NYSE:ALV) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 36,168 shares of the auto parts company’s stock, valued at approximately $3,392,000.

Other large investors have also made changes to their positions in the company. Geode Capital Management LLC grew its stake in shares of Autoliv by 10.8% in the 3rd quarter. Geode Capital Management LLC now owns 987,375 shares of the auto parts company’s stock valued at $92,221,000 after buying an additional 95,888 shares in the last quarter. JPMorgan Chase & Co. grew its stake in shares of Autoliv by 38.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 276,315 shares of the auto parts company’s stock valued at $25,800,000 after buying an additional 76,510 shares in the last quarter. Quantbot Technologies LP grew its stake in shares of Autoliv by 1,437.4% in the 3rd quarter. Quantbot Technologies LP now owns 51,994 shares of the auto parts company’s stock valued at $4,855,000 after buying an additional 48,612 shares in the last quarter. HITE Hedge Asset Management LLC grew its stake in shares of Autoliv by 32.9% in the 3rd quarter. HITE Hedge Asset Management LLC now owns 135,424 shares of the auto parts company’s stock valued at $12,645,000 after buying an additional 33,490 shares in the last quarter. Finally, Barclays PLC grew its stake in shares of Autoliv by 41.5% in the 3rd quarter. Barclays PLC now owns 30,216 shares of the auto parts company’s stock valued at $2,821,000 after buying an additional 8,859 shares in the last quarter. Institutional investors own 69.57% of the company’s stock.

Analyst Upgrades and Downgrades

ALV has been the subject of several recent research reports. Wells Fargo & Company lowered their price target on Autoliv from $101.00 to $97.00 and set an “equal weight” rating for the company in a research note on Monday, December 16th. StockNews.com upgraded Autoliv from a “hold” rating to a “buy” rating in a report on Thursday, January 23rd. Mizuho reduced their target price on Autoliv from $115.00 to $112.00 and set an “outperform” rating for the company in a report on Monday, February 3rd. HSBC lowered Autoliv from a “buy” rating to a “hold” rating and reduced their target price for the stock from $109.00 to $100.00 in a report on Tuesday, February 4th. Finally, Hsbc Global Res lowered Autoliv from a “strong-buy” rating to a “hold” rating in a report on Tuesday, February 4th. Eight equities research analysts have rated the stock with a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $117.23.

Autoliv Stock Performance

Shares of NYSE ALV opened at $98.21 on Tuesday. The business has a fifty day simple moving average of $95.71 and a 200 day simple moving average of $96.46. Autoliv, Inc. has a one year low of $89.51 and a one year high of $129.38. The firm has a market capitalization of $7.63 billion, a price-to-earnings ratio of 12.17, a PEG ratio of 0.69 and a beta of 1.58. The company has a current ratio of 0.96, a quick ratio of 0.71 and a debt-to-equity ratio of 0.67.

Autoliv (NYSE:ALV) last announced its quarterly earnings results on Friday, January 31st. The auto parts company reported $3.05 earnings per share for the quarter, beating analysts’ consensus estimates of $2.84 by $0.21. Autoliv had a return on equity of 28.62% and a net margin of 6.21%. Sell-side analysts expect that Autoliv, Inc. will post 9.7 EPS for the current year.

Autoliv Company 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.