Autoliv (NYSE:ALV) Shares Gap Up to $92.50

Autoliv, Inc. (NYSE:ALV – Get Free Report) shares gapped up prior to trading on Friday . The stock had previously closed at $92.50, but opened at $95.57. Autoliv shares last traded at $95.43, with a volume of 156,824 shares changing hands. Wall Street Analyst Weigh In Several equities research analysts have recently issued reports on [...]

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Autoliv, Inc. ( NYSE:ALV – Get Free Report ) shares gapped up prior to trading on Friday . The stock had previously closed at $92.

50, but opened at $95.57. Autoliv shares last traded at $95.



43, with a volume of 156,824 shares changing hands. Wall Street Analyst Weigh In Several equities research analysts have recently issued reports on the stock. HSBC began coverage on shares of Autoliv in a research note on Monday, July 15th.

They issued a “buy” rating and a $134.00 price objective on the stock. Barclays reduced their price objective on Autoliv from $125.

00 to $115.00 and set an “equal weight” rating for the company in a research report on Monday, July 22nd. Hsbc Global Res upgraded Autoliv to a “strong-buy” rating in a research note on Monday, July 15th.

Bank of America dropped their price objective on shares of Autoliv from $145.00 to $133.00 and set a “buy” rating for the company in a research note on Monday, July 22nd.

Finally, Wells Fargo & Company dropped their price target on shares of Autoliv from $103.00 to $102.00 and set an “equal weight” rating for the company in a research report on Friday, September 20th.

Seven equities research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $124.

71. Check Out Our Latest Analysis on ALV Autoliv Stock Performance Autoliv ( NYSE:ALV – Get Free Report ) last released its quarterly earnings data on Friday, July 19th. The auto parts company reported $1.

87 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.44 by ($0.57).

Autoliv had a net margin of 5.91% and a return on equity of 30.05%.

The business had revenue of $2.61 billion during the quarter, compared to analyst estimates of $2.73 billion.

During the same period in the previous year, the business earned $1.93 earnings per share. The business’s quarterly revenue was down 1.

1% on a year-over-year basis. Analysts expect that Autoliv, Inc. will post 8.

61 earnings per share for the current year. Autoliv Dividend Announcement The business also recently declared a quarterly dividend, which was paid on Monday, September 23rd. Shareholders of record on Wednesday, September 4th were issued a $0.

68 dividend. The ex-dividend date of this dividend was Wednesday, September 4th. This represents a $2.

72 annualized dividend and a yield of 2.85%. Autoliv’s dividend payout ratio is currently 42.

43%. Hedge Funds Weigh In On Autoliv Several institutional investors and hedge funds have recently made changes to their positions in ALV. GAMMA Investing LLC raised its holdings in Autoliv by 62.

7% in the 2nd quarter. GAMMA Investing LLC now owns 262 shares of the auto parts company’s stock valued at $28,000 after acquiring an additional 101 shares in the last quarter. Register Financial Advisors LLC acquired a new stake in shares of Autoliv during the 1st quarter worth approximately $36,000.

Quarry LP raised its position in Autoliv by 133.5% during the second quarter. Quarry LP now owns 362 shares of the auto parts company’s stock valued at $39,000 after purchasing an additional 207 shares in the last quarter.

Parallel Advisors LLC lifted its stake in Autoliv by 83.8% during the fourth quarter. Parallel Advisors LLC now owns 489 shares of the auto parts company’s stock worth $54,000 after purchasing an additional 223 shares during the last quarter.

Finally, Rise Advisors LLC increased its stake in shares of Autoliv by 104.9% in the 1st quarter. Rise Advisors LLC now owns 547 shares of the auto parts company’s stock valued at $66,000 after purchasing an additional 280 shares during the last quarter.

Institutional investors and hedge funds own 69.57% of the company’s stock. About Autoliv ( Get Free Report ) 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. Featured Articles Receive News & Ratings for Autoliv Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Autoliv and related companies with MarketBeat.com's FREE daily email newsletter .

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