California State Teachers Retirement System purchased a new position in Autoliv, Inc. (NYSE:ALV) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 6,672 shares of the auto parts company’s stock, valued at approximately $733,000.

A number of other hedge funds also recently made changes to their positions in the business. Raymond James Financial Services Advisors Inc. raised its position in shares of Autoliv by 0.3% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 9,404 shares of the auto parts company’s stock valued at $1,033,000 after buying an additional 28 shares in the last quarter. Prudential Financial Inc. raised its position in shares of Autoliv by 1.1% during the 2nd quarter. Prudential Financial Inc. now owns 5,072 shares of the auto parts company’s stock valued at $557,000 after buying an additional 53 shares in the last quarter. Bridgewater Associates LP raised its position in shares of Autoliv by 1.5% during the 2nd quarter. Bridgewater Associates LP now owns 6,140 shares of the auto parts company’s stock valued at $674,000 after buying an additional 91 shares in the last quarter. Rhumbline Advisers raised its position in shares of Autoliv by 1.0% during the 2nd quarter. Rhumbline Advisers now owns 14,030 shares of the auto parts company’s stock valued at $1,540,000 after buying an additional 140 shares in the last quarter. Finally, Pacer Advisors Inc. raised its position in shares of Autoliv by 8.1% during the 2nd quarter. Pacer Advisors Inc. now owns 1,944 shares of the auto parts company’s stock valued at $213,000 after buying an additional 145 shares in the last quarter. Institutional investors and hedge funds own 33.53% of the company’s stock.

Autoliv, Inc. (NYSE ALV) opened at $129.61 on Friday. The company has a market cap of $11,123.04, a PE ratio of 20.40, a P/E/G ratio of 2.48 and a beta of 1.11. Autoliv, Inc. has a fifty-two week low of $96.08 and a fifty-two week high of $129.84. The company has a current ratio of 1.55, a quick ratio of 1.23 and a debt-to-equity ratio of 0.31.

Autoliv (NYSE:ALV) last issued its quarterly earnings results on Thursday, October 26th. The auto parts company reported $1.47 EPS for the quarter, beating the consensus estimate of $1.33 by $0.14. The company had revenue of $2.50 billion for the quarter, compared to the consensus estimate of $2.50 billion. Autoliv had a net margin of 4.96% and a return on equity of 13.42%. The firm’s revenue was up 1.6% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.63 EPS. equities analysts predict that Autoliv, Inc. will post 6.28 earnings per share for the current fiscal year.

Several analysts have recently issued reports on the stock. Piper Jaffray Companies set a $99.00 target price on shares of Autoliv and gave the company a “hold” rating in a research report on Monday, October 16th. Cowen assumed coverage on shares of Autoliv in a research report on Monday, September 25th. They set a “market perform” rating and a $120.00 target price on the stock. Zacks Investment Research cut shares of Autoliv from a “buy” rating to a “hold” rating in a research report on Tuesday, October 31st. KeyCorp restated a “buy” rating and set a $146.00 target price (up from $136.00) on shares of Autoliv in a research report on Monday, November 6th. Finally, ValuEngine downgraded shares of Autoliv from a “buy” rating to a “hold” rating in a report on Monday, October 2nd. Four investment analysts have rated the stock with a sell rating, eleven have given a hold rating and nine have assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average price target of $109.23.

In other Autoliv news, insider Johan Lofvenholm sold 3,965 shares of the company’s stock in a transaction dated Thursday, November 30th. The shares were sold at an average price of $128.00, for a total value of $507,520.00. The sale was disclosed in a filing with the SEC, which is available through this link. 0.25% of the stock is owned by corporate insiders.

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Autoliv Profile

Autoliv, Inc is a supplier of automotive safety systems with a range of product offerings, including passive safety systems and active safety systems. The Company operates through two segments: Passive Safety and Electronics. The Passive safety products include modules and components for passenger and driver-side airbags, side-impact airbag protection systems, seatbelts, steering wheels, inflator technologies, whiplash protection systems and child seats, and components for such systems, as well as passive safety electronic products, such as restraint electronics and crash sensors.

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Institutional Ownership by Quarter for Autoliv (NYSE:ALV)

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