Autoliv (NYSE:ALV) Lowered to Hold Rating by Hsbc Global Res

Autoliv (NYSE:ALV) was downgraded by analysts at Hsbc Global Res from a “strong-buy” rating to a “hold” rating in a research report issued to clients and investors on Tuesday,Zacks.com reports.

ALV has been the topic of several other research reports. StockNews.com raised Autoliv from a “hold” rating to a “buy” rating in a research note on Thursday, January 23rd. Robert W. Baird increased their target price on Autoliv from $103.00 to $108.00 and gave the stock a “neutral” rating in a research report on Monday, October 21st. Daiwa Capital Markets upgraded Autoliv from a “neutral” rating to an “outperform” rating and set a $109.00 target price for the company in a research report on Tuesday, January 7th. Mizuho cut their target price on Autoliv from $115.00 to $112.00 and set an “outperform” rating for the company in a research report on Monday. Finally, Daiwa America upgraded Autoliv from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, January 7th. Eight research analysts have rated the stock with a hold rating, eight have issued a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $117.23.

Autoliv Stock Up 0.3 %

ALV stock opened at $94.24 on Tuesday. Autoliv has a fifty-two week low of $89.51 and a fifty-two week high of $129.38. The business’s 50-day moving average is $96.38 and its two-hundred day moving average is $96.75. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.71 and a current ratio of 0.96. The company has a market cap of $7.32 billion, a price-to-earnings ratio of 11.68, a P/E/G ratio of 0.72 and a beta of 1.58.

Autoliv (NYSE:ALV) last posted its quarterly earnings data on Friday, January 31st. The auto parts company reported $3.05 EPS for the quarter, topping the consensus estimate of $2.84 by $0.21. Autoliv had a return on equity of 28.62% and a net margin of 6.21%. As a group, analysts forecast that Autoliv will post 10.05 earnings per share for the current year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. UMB Bank n.a. increased its holdings in shares of Autoliv by 139.5% in 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 period. Fred Alger Management LLC purchased a new position in shares of Autoliv in the 3rd quarter valued at $45,000. Farther Finance Advisors LLC increased its holdings 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 valued at $213,000 after acquiring an additional 2,179 shares during the period. Foundations Investment Advisors LLC purchased a new position in shares of Autoliv in the 3rd quarter valued at $222,000. Finally, CIBC Asset Management Inc increased its holdings 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 valued at $235,000 after acquiring an additional 124 shares during the period. 69.57% of the stock is currently owned by hedge funds and other institutional investors.

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.