Autoliv, Inc. (ALV) At $147.12 Forms Top; Cit Group Has 0.9 Sentiment

May 24, 2018 - By Ellis Scott

Autoliv, Inc. (NYSE:ALV) Logo

Cit Group Inc (CIT) investors sentiment decreased to 0.9 in 2017 Q4. It’s down -0.11, from 1.01 in 2017Q3. The ratio has worsened, as 115 institutional investors increased and started new positions, while 128 cut down and sold equity positions in Cit Group Inc. The institutional investors in our database now possess: 129.34 million shares, down from 134.52 million shares in 2017Q3. Also, the number of institutional investors holding Cit Group Inc in top ten positions decreased from 13 to 10 for a decrease of 3. Sold All: 31 Reduced: 97 Increased: 74 New Position: 41.

Autoliv, Inc. (ALV) formed multiple top with $151.53 target or 3.00% above today’s $147.12 share price. Autoliv, Inc. (ALV) has $12.81 billion valuation. The stock decreased 0.97% or $1.44 during the last trading session, reaching $147.12. About 288,967 shares traded. Autoliv, Inc. (NYSE:ALV) has risen 44.71% since May 24, 2017 and is uptrending. It has outperformed by 33.16% the S&P500.

CIT Group Inc. operates as the bank holding firm for CIT Bank, National Association that provides banking and related services to commercial and individual customers. The company has market cap of $7.02 billion. The firm operates through Commercial Banking, Consumer Banking, Non-Strategic Portfolios , and Corporate and Other divisions. It has a 19.78 P/E ratio. The Commercial Banking segment offers lending, leasing, and other financial and advisory services primarily to small and middle-market companies; factoring and secured financing services, as well as receivables management products to the retail supply chain; and equipment leasing and secured financing to the rail industry.

Since January 1, 0001, it had 0 buys, and 1 insider sale for $107,268 activity.

More important recent CIT Group Inc. (NYSE:CIT) news were published by: Prnewswire.com which released: “CIT Closes $25 Million Loan to Friendly Franchisees Corporation” on May 23, 2018, also Prnewswire.com published article titled: “CIT Serves As Sole Lead Arranger On $107.5 Million For Oakland Residential Project”, Streetinsider.com published: “US business borrowing for equipment flat in April: ELFA” on May 23, 2018. More interesting news about CIT Group Inc. (NYSE:CIT) was released by: Globenewswire.com and their article: “Recent Analysis Shows CIT Group, Republic Services, Etsy, Tiffany, Booz Allen Hamilton Holding, and EOG Resources …” with publication date: May 09, 2018.

Flaherty & Crumrine Inc holds 12.03% of its portfolio in CIT Group Inc. for 87,960 shares. Jacobs Asset Management Llc owns 885,035 shares or 8.25% of their US portfolio. Moreover, Lakewood Capital Management Lp has 5.69% invested in the company for 3.32 million shares. The New York-based Birch Run Capital Advisors Lp has invested 5.22% in the stock. First Pacific Advisors Llc, a California-based fund reported 10.82 million shares.

Analysts await CIT Group Inc. (NYSE:CIT) to report earnings on July, 24. They expect $1.04 EPS, up 15.56% or $0.14 from last year’s $0.9 per share. CIT’s profit will be $132.15M for 13.28 P/E if the $1.04 EPS becomes a reality. After $0.74 actual EPS reported by CIT Group Inc. for the previous quarter, Wall Street now forecasts 40.54% EPS growth.

Ratings analysis reveals 0 of CIT Group’s analysts are positive. Out of 2 Wall Street analysts rating CIT Group, 0 give it “Buy”, 0 “Sell” rating, while 2 recommend “Hold”. CIT was included in 2 notes of analysts from October 7, 2016. The stock of CIT Group Inc. (NYSE:CIT) has “Neutral” rating given on Tuesday, October 11 by Bank of America. The firm has “Hold” rating given on Friday, October 7 by Stifel Nicolaus.

The stock decreased 0.13% or $0.07 during the last trading session, reaching $55.26. About 4.73 million shares traded or 279.17% up from the average. CIT Group Inc. (CIT) has risen 25.02% since May 24, 2017 and is uptrending. It has outperformed by 13.47% the S&P500.

Investors sentiment decreased to 0.96 in 2017 Q4. Its down 0.46, from 1.42 in 2017Q3. It fall, as 25 investors sold Autoliv, Inc. shares while 76 reduced holdings. 39 funds opened positions while 58 raised stakes. 28.56 million shares or 0.72% less from 28.77 million shares in 2017Q3 were reported. Illinois-based Citadel Advsr Ltd Liability Co has invested 0% in Autoliv, Inc. (NYSE:ALV). Moreover, Livforsakringsbolaget Skandia Omsesidigt has 0.02% invested in Autoliv, Inc. (NYSE:ALV) for 1,287 shares. Captrust Advisors holds 0% of its portfolio in Autoliv, Inc. (NYSE:ALV) for 100 shares. Nbt Bank & Trust N A holds 0.46% or 23,218 shares in its portfolio. Reilly Fin Advisors Ltd Liability reported 6 shares. Winfield Assoc holds 0% or 10 shares in its portfolio. Teacher Retirement Sys Of Texas invested in 23,771 shares. Pension holds 0.07% of its portfolio in Autoliv, Inc. (NYSE:ALV) for 110,397 shares. Old Mutual Customised Solutions (Proprietary) Limited holds 0.09% or 6,700 shares. James Invest Incorporated accumulated 13,400 shares or 0.06% of the stock. Voloridge Management Ltd Co holds 75,067 shares or 0.21% of its portfolio. Cubist Systematic Strategies reported 2,425 shares. Us Bancorp De holds 6,543 shares or 0% of its portfolio. Macquarie Gru Ltd has 12,699 shares for 0% of their portfolio. Texas-based Twin Tree Management Ltd Partnership has invested 0.01% in Autoliv, Inc. (NYSE:ALV).

Since February 15, 2018, it had 0 buys, and 4 sales for $379,045 activity. Lofvenholm Johan had sold 783 shares worth $113,378 on Wednesday, February 21. 423 shares were sold by Mogefors Svante, worth $60,616 on Thursday, February 15.

Analysts await Autoliv, Inc. (NYSE:ALV) to report earnings on July, 20. They expect $1.84 EPS, up 27.78% or $0.40 from last year’s $1.44 per share. ALV’s profit will be $160.25M for 19.99 P/E if the $1.84 EPS becomes a reality. After $1.66 actual EPS reported by Autoliv, Inc. for the previous quarter, Wall Street now forecasts 10.84% EPS growth.

Autoliv, Inc. (NYSE:ALV) Institutional Positions Chart

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