Autoliv (NYSE:ALV) Downgraded to Hold Rating by StockNews.com

Autoliv (NYSE:ALV) was downgraded by investment analysts at StockNews.com from a “buy” rating to a “hold” rating in a report issued on Tuesday.

Several other research firms have also weighed in on ALV. Wells Fargo & Company reduced their price objective on shares of Autoliv from $101.00 to $97.00 and set an “equal weight” rating for the company in a research report on Monday, December 16th. Pareto Securities lowered shares of Autoliv to a “hold” rating in a research note on Monday, February 3rd. Hsbc Global Res downgraded shares of Autoliv from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, February 4th. Mizuho reduced their price target on shares of Autoliv from $115.00 to $112.00 and set an “outperform” rating for the company in a research report on Monday, February 3rd. Finally, HSBC cut shares of Autoliv from a “buy” rating to a “hold” rating and lowered their price objective for the stock from $109.00 to $100.00 in a research report on Tuesday, February 4th. Ten research analysts have rated the stock with a hold rating, seven have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $117.23.

Autoliv Stock Performance

Shares of ALV stock traded up $0.87 during trading hours on Tuesday, reaching $99.10. The stock had a trading volume of 711,807 shares, compared to its average volume of 768,889. The firm has a 50-day simple moving average of $95.90 and a 200-day simple moving average of $96.61. Autoliv has a twelve month low of $89.51 and a twelve month high of $129.38. The firm has a market capitalization of $7.70 billion, a PE ratio of 12.28, a price-to-earnings-growth ratio of 0.73 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 issued its quarterly earnings data 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 net margin of 6.21% and a return on equity of 28.62%. As a group, equities analysts forecast that Autoliv will post 9.51 earnings per share for the current year.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of ALV. Legend Financial Advisors Inc. boosted its holdings in Autoliv by 1.8% in the fourth quarter. Legend Financial Advisors Inc. now owns 6,344 shares of the auto parts company’s stock worth $595,000 after purchasing an additional 115 shares in the last quarter. CIBC Asset Management Inc lifted its position in shares of Autoliv by 5.2% in the fourth 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. Quantinno Capital Management LP boosted its stake in shares of Autoliv by 0.6% during the 3rd quarter. Quantinno Capital Management LP now owns 23,456 shares of the auto parts company’s stock worth $2,190,000 after acquiring an additional 130 shares in the last quarter. US Bancorp DE boosted its stake in shares of Autoliv by 3.5% during the 4th quarter. US Bancorp DE now owns 3,820 shares of the auto parts company’s stock worth $358,000 after acquiring an additional 130 shares in the last quarter. Finally, AlphaQuest LLC increased its holdings in shares of Autoliv by 74.4% during the 4th quarter. AlphaQuest LLC now owns 314 shares of the auto parts company’s stock valued at $29,000 after acquiring an additional 134 shares during the last quarter. Institutional investors and hedge funds own 69.57% of the company’s stock.

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.