GAM Holding AG Acquires Shares of 13,443 Autoliv, Inc. (NYSE:ALV)

GAM Holding AG acquired a new stake in shares of Autoliv, Inc. (NYSE:ALV) during the fourth quarter, Holdings Channel reports. The fund acquired 13,443 shares of the auto parts company’s stock, valued at approximately $1,261,000.

Other large investors have also recently added to or reduced their stakes in the company. UMB Bank n.a. boosted its stake in Autoliv by 139.5% during the 4th quarter. UMB Bank n.a. now owns 273 shares of the auto parts company’s stock valued at $26,000 after acquiring an additional 159 shares during the last quarter. Fred Alger Management LLC bought a new position in shares of Autoliv in the 3rd quarter worth about $45,000. Farther Finance Advisors LLC lifted its position in shares of 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 worth $213,000 after buying an additional 2,179 shares during the last quarter. Foundations Investment Advisors LLC bought a new position in shares of Autoliv in the 3rd quarter worth about $222,000. Finally, CIBC Asset Management Inc lifted its position in shares of Autoliv by 5.2% in the 4th quarter. CIBC Asset Management Inc now owns 2,501 shares of the auto parts company’s stock worth $235,000 after buying an additional 124 shares during the last quarter. 69.57% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on the stock. Wells Fargo & Company reduced their price target 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. StockNews.com upgraded shares of Autoliv from a “hold” rating to a “buy” rating in a research report on Thursday, January 23rd. Daiwa America upgraded shares of Autoliv from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, January 7th. HSBC downgraded shares of Autoliv from a “buy” rating to a “hold” rating and reduced their price target for the stock from $109.00 to $100.00 in a research report on Tuesday, February 4th. Finally, Daiwa Capital Markets upgraded shares of Autoliv from a “neutral” rating to an “outperform” rating and set a $109.00 price objective on the stock in a research report on Tuesday, January 7th. Eight equities research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, Autoliv has an average rating of “Moderate Buy” and an average target price of $117.23.

Autoliv Stock Up 2.5 %

Autoliv stock opened at $100.60 on Wednesday. The stock has a market cap of $7.82 billion, a price-to-earnings ratio of 12.47, 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. The company’s 50-day moving average price is $95.71 and its two-hundred day moving average price is $96.46. Autoliv, Inc. has a 52 week low of $89.51 and a 52 week high of $129.38.

Autoliv (NYSE:ALV) last released its earnings results on Friday, January 31st. The auto parts company reported $3.05 EPS for the quarter, beating the consensus estimate of $2.84 by $0.21. Autoliv had a net margin of 6.21% and a return on equity of 28.62%. On average, analysts expect that Autoliv, Inc. will post 9.7 EPS for the current fiscal 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.