Short Interest Worth Watching: Autoliv Incorporated (NYSE:ALV)’s Stock Is Buy After Less Market Selling

November 24, 2016 - By Richard Conner   ·   0 Comments

Short Interest Worth Watching: Autoliv Incorporated (NYSE:ALV)'s Stock Is Buy After Less Market Selling

The stock of Autoliv Incorporated (NYSE:ALV) registered a decrease of 4.62% in short interest. ALV’s total short interest was 5.56 million shares in November as published by FINRA. Its down 4.62% from 5.83 million shares, reported previously. With 482,100 shares average volume, it will take short sellers 12 days to cover their ALV’s short positions. The short interest to Autoliv Incorporated’s float is 6.32%. The stock decreased 1.14% or $1.16 on November 23, hitting $100.65. About 551,688 shares traded hands or 8.63% up from the average. Autoliv Inc. (NYSE:ALV) has declined 10.76% since April 22, 2016 and is downtrending. It has underperformed by 16.17% the S&P500.

Autoliv, Inc. is a developer, manufacturer and supplier to the automotive industry of automotive safety systems. The company has a market cap of $9.12 billion. The Firm operates through two divisions: Passive Safety and Electronics. It has a 14.71 P/E ratio. Passive Safety segment includes airbags, seatbelts and steering wheels.

Insitutional Activity: The institutional sentiment decreased to 0.86 in Q2 2016. Its down 0.18, from 1.04 in 2016Q1. The ratio dropped, as 27 funds sold all Autoliv Inc. shares owned while 72 reduced positions. 28 funds bought stakes while 75 increased positions. They now own 28.89 million shares or 7.24% less from 31.15 million shares in 2016Q1.
Wells Fargo Communication Mn last reported 0.01% of its portfolio in the stock. Aberdeen Asset Mgmt Public Ltd Co Uk has 5,142 shares for 0% of their US portfolio. Dynamic accumulated 3,033 shares or 0.04% of the stock. Freestone Cap Limited Liability Company has 0.2% invested in the company for 18,763 shares. Ladenburg Thalmann Svcs Inc has 1,087 shares for 0% of their US portfolio. Nbt National Bank N A, a New York-based fund reported 26,235 shares. Caisse De Depot Et Placement Du Quebec accumulated 33,400 shares or 0.01% of the stock. Oppenheimer & Com Inc accumulated 0.01% or 3,343 shares. Regentatlantic Limited Liability has 3,120 shares for 0.03% of their US portfolio. Zurcher Kantonalbank (Zurich Cantonalbank) holds 0.01% or 8,356 shares in its portfolio. Alecta Pensionsforsakring Omsesidigt, a Sweden-based fund reported 8.46 million shares. Credit Suisse Ag holds 0.01% of its portfolio in Autoliv Inc. (NYSE:ALV) for 110,969 shares. Fifth Third Comml Bank holds 0% of its portfolio in Autoliv Inc. (NYSE:ALV) for 20 shares. Moreover, Glg Ltd Liability Company has 0.04% invested in Autoliv Inc. (NYSE:ALV) for 5,189 shares. The North Carolina-based Bb&T has invested 0.02% in Autoliv Inc. (NYSE:ALV).

Autoliv Inc. (NYSE:ALV) Ratings Coverage

Out of 17 analysts covering Autoliv Inc (NYSE:ALV), 2 rate it a “Buy”, 7 “Sell”, while 8 “Hold”. This means 12% are positive. Autoliv Inc has been the topic of 35 analyst reports since July 22, 2015 according to StockzIntelligence Inc. The company was downgraded on Wednesday, September 2 by Pareto Securities. The stock has “Neutral” rating given by Bank of America on Wednesday, July 22. RBC Capital Markets maintained Autoliv Inc. (NYSE:ALV) on Monday, October 5 with “Sector Perform” rating. The company was initiated on Friday, June 17 by Berenberg. Deutsche Bank maintained Autoliv Inc. (NYSE:ALV) rating on Wednesday, October 14. Deutsche Bank has “Hold” rating and $105 price target. The firm has “Neutral” rating given on Wednesday, November 23 by Goldman Sachs. The stock of Autoliv Inc. (NYSE:ALV) earned “Hold” rating by Deutsche Bank on Monday, October 5. The firm has “Underweight” rating by Barclays Capital given on Monday, January 25. The rating was maintained by RBC Capital Markets with “Sector Perform” on Monday, October 26. Handelsbanken downgraded the stock to “Accumulate” rating in Monday, October 10 report.

ALV Company Profile

Autoliv, Inc., incorporated on October 1, 1996, is a developer, maker and supplier to the automotive industry of automotive safety systems with a range of product offerings, including passive safety systems and active safety systems. The Firm operates through two divisions: Passive Safety and Electronics. Passive Safety segment includes airbags, seatbelts and steering wheels. Electronics segment includes active safety products, such as camera vision systems, night driving assist, automotive radars, brake controls and other active safety systems, and passive safety electronic products, such as restraint electronics and crash sensors. Passive safety systems are primarily meant to improve vehicle safety, and 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 passive safety electronic products, such as restraint electronics and crash sensors. Active safety systems are designed to make driving easier and comfortable and to intervene before a collision in order to make accidents avoidable or reduce the impact.

More important recent Autoliv Inc. (NYSE:ALV) news were published by: Fool.com which released: “Autoliv Inc. Tops Its Guidance” on October 27, 2016, also Seekingalpha.com published article titled: “Autoliv Inc.: Significant Upside With Strong Underlying Business Limiting The …”, Wsj.com published: “Takata Customers Back Rival Autoliv’s Takeover Plan” on November 16, 2016. More interesting news about Autoliv Inc. (NYSE:ALV) was released by: Reuters.com and their article: “Autoliv, Key Safety Systems preferred bidders for Takata: Bloomberg” with publication date: November 22, 2016.

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By Richard Conner


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