Cwm LLC Acquires 4,042 Shares of Autoliv, Inc. $ALV

Cwm LLC lifted its position in Autoliv, Inc. (NYSE:ALV - Free Report) by 393.6% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,069 shares of the auto parts company's stock after acquiring an additional 4,042 shares during the quarter. Cwm LLC's holdings in Autoliv were worth $567,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. SouthState Corp bought a new stake in shares of Autoliv in the first quarter valued at about $25,000. GAMMA Investing LLC raised its holdings in shares of Autoliv by 122.9% in the first quarter. GAMMA Investing LLC now owns 370 shares of the auto parts company's stock valued at $33,000 after acquiring an additional 204 shares in the last quarter. Signaturefd LLC raised its holdings in shares of Autoliv by 63.4% in the first quarter. Signaturefd LLC now owns 678 shares of the auto parts company's stock valued at $60,000 after acquiring an additional 263 shares in the last quarter. Parallel Advisors LLC raised its holdings in shares of Autoliv by 91.2% in the second quarter. Parallel Advisors LLC now owns 719 shares of the auto parts company's stock valued at $80,000 after acquiring an additional 343 shares in the last quarter. Finally, Kestra Investment Management LLC bought a new stake in shares of Autoliv in the first quarter valued at about $76,000. 69.57% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several analysts recently weighed in on ALV shares. Wall Street Zen upgraded Autoliv from a "buy" rating to a "strong-buy" rating in a report on Saturday, July 26th. Barclays lifted their price objective on Autoliv from $135.00 to $150.00 and gave the company an "overweight" rating in a report on Friday, October 10th. Berenberg Bank set a $134.00 price objective on Autoliv in a report on Tuesday. Deutsche Bank Aktiengesellschaft set a $133.00 target price on Autoliv in a research note on Friday, October 10th. Finally, Wells Fargo & Company cut their target price on Autoliv from $132.00 to $129.00 and set an "equal weight" rating on the stock in a research note on Monday. Two research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and six have given a Hold rating to the stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $128.00.

Autoliv Price Performance

ALV opened at $115.58 on Friday. The business's 50-day moving average is $122.97 and its two-hundred day moving average is $110.68. Autoliv, Inc. has a 1 year low of $75.49 and a 1 year high of $129.54. The company has a debt-to-equity ratio of 0.54, a current ratio of 0.95 and a quick ratio of 0.70. The firm has a market capitalization of $8.78 billion, a PE ratio of 11.94, a price-to-earnings-growth ratio of 0.88 and a beta of 1.33.

Autoliv (NYSE:ALV - Get Free Report) last posted its earnings results on Friday, October 17th. The auto parts company reported $2.32 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.10 by $0.22. Autoliv had a return on equity of 31.22% and a net margin of 7.09%.The company had revenue of $2.71 billion for the quarter, compared to analyst estimates of $2.66 billion. During the same quarter in the previous year, the firm earned $1.84 earnings per share. The firm's quarterly revenue was up 5.9% compared to the same quarter last year. Research analysts anticipate that Autoliv, Inc. will post 9.51 earnings per share 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.

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