Autoliv Inc. (ALV) Reaches $105.93 After 9.00% Down Move; Mairs & Power Lowered Its Privatebancorp (PVTB) Position

July 21, 2017 - By Peter Erickson

The stock of Autoliv Inc. (NYSE:ALV) is a huge mover today! About 1.31M shares traded or 186.20% up from the average. Autoliv Inc. (NYSE:ALV) has declined 12.54% since July 21, 2016 and is downtrending. It has underperformed by 29.24% the S&P500.The move comes after 8 months negative chart setup for the $9.25 billion company. It was reported on Jul, 21 by Barchart.com. We have $96.40 PT which if reached, will make NYSE:ALV worth $832.50M less.

Mairs & Power Inc decreased Privatebancorp Inc (PVTB) stake by 63.04% reported in 2016Q4 SEC filing. Mairs & Power Inc sold 84,850 shares as Privatebancorp Inc (PVTB)’s stock rose 5.27%. The Mairs & Power Inc holds 49,750 shares with $2.70M value, down from 134,600 last quarter. Privatebancorp Inc now has $4.86 billion valuation. It closed at $60.97 lastly. It is down 46.55% since July 21, 2016 and is uptrending. It has outperformed by 29.85% the S&P500.

Investors sentiment increased to 0.95 in Q4 2016. Its up 0.36, from 0.59 in 2016Q3. It is positive, as 30 investors sold PVTB shares while 85 reduced holdings. 48 funds opened positions while 61 raised stakes. 64.08 million shares or 3.89% less from 66.67 million shares in 2016Q3 were reported. Blackrock has 0% invested in PrivateBancorp Inc (NASDAQ:PVTB) for 47,868 shares. Davide Leone And Llp reported 5.01% stake. 206,338 were reported by Ameriprise Fincl Inc. Envestnet Asset Mngmt Incorporated holds 0% of its portfolio in PrivateBancorp Inc (NASDAQ:PVTB) for 273 shares. Virginia Retirement Et Al has invested 0.01% in PrivateBancorp Inc (NASDAQ:PVTB). Ls Invest Lc invested in 0.02% or 5,417 shares. New Jersey-based Alpine Assocs Mgmt has invested 0.89% in PrivateBancorp Inc (NASDAQ:PVTB). 139,728 were reported by Credit Agricole S A. Us Bancorporation De holds 15,266 shares or 0% of its portfolio. Messner And Smith Theme Value Inv Ca invested in 2.35% or 26,551 shares. Morgan Stanley reported 0.04% in PrivateBancorp Inc (NASDAQ:PVTB). Schroder Investment Management Grp has invested 0.15% in PrivateBancorp Inc (NASDAQ:PVTB). 271,001 are owned by Arrowgrass Cap (Us) Ltd Partnership. Gsa Ptnrs Ltd Liability Partnership holds 0.04% or 11,547 shares. Credit Suisse Ag owns 194,842 shares.

Since June 8, 2017, it had 0 buys, and 9 insider sales for $54.33 million activity. 130,960 shares valued at $7.92 million were sold by Lubin Bruce S. on Friday, June 9. The insider Case Karen B. sold $2.99 million. 29,383 shares were sold by BOBINS NORMAN, worth $1.78 million on Friday, June 9. Another trade for 70,020 shares valued at $4.25M was sold by Evans Jennifer. 312,679 PrivateBancorp Inc (NASDAQ:PVTB) shares with value of $18.68M were sold by Richman Larry D.. Killips Kevin M sold 100,337 shares worth $6.05M. Carey Paul E had sold 16,316 shares worth $975,436 on Thursday, June 8.

Among 12 analysts covering Privatebancorp Inc. (NASDAQ:PVTB), 3 have Buy rating, 0 Sell and 9 Hold. Therefore 25% are positive. Privatebancorp Inc. had 20 analyst reports since July 20, 2015 according to SRatingsIntel. The firm earned “Neutral” rating on Friday, June 10 by Piper Jaffray. The company was downgraded on Tuesday, August 25 by Zacks. FIG Partners upgraded the shares of PVTB in report on Thursday, February 4 to “Outperform” rating. Zacks downgraded PrivateBancorp Inc (NASDAQ:PVTB) on Wednesday, August 19 to “Buy” rating. The rating was downgraded by Keefe Bruyette & Woods to “Market Perform” on Thursday, June 30. Zacks upgraded the stock to “Hold” rating in Thursday, August 27 report. The rating was initiated by Stephens on Friday, October 9 with “Equal Weight”. FIG Partners downgraded PrivateBancorp Inc (NASDAQ:PVTB) on Tuesday, March 22 to “Market Perform” rating. Keefe Bruyette & Woods downgraded it to “Hold” rating and $6300 target in Friday, May 26 report. The rating was downgraded by Zacks on Friday, September 4 to “Hold”.

Mairs & Power Inc increased Bristol (NYSE:BMY) stake by 10,000 shares to 340,822 valued at $19.92M in 2016Q4. It also upped Cullen Frost Bankers (NYSE:CFR) stake by 10,040 shares and now owns 116,240 shares. General Electric (NYSE:GE) was raised too.

Among 23 analysts covering Autoliv Inc (NYSE:ALV), 7 have Buy rating, 7 Sell and 9 Hold. Therefore 30% are positive. Autoliv Inc had 58 analyst reports since July 22, 2015 according to SRatingsIntel. Wells Fargo initiated the stock with “Market Perform” rating in Thursday, September 17 report. The firm has “Hold” rating by RBC Capital Markets given on Monday, May 1. Mizuho maintained Autoliv Inc. (NYSE:ALV) on Tuesday, June 13 with “Hold” rating. Jefferies maintained the stock with “Buy” rating in Friday, June 16 report. Bank of America downgraded the shares of ALV in report on Thursday, December 10 to “Underperform” rating. The rating was initiated by Piper Jaffray with “Neutral” on Friday, June 10. The firm has “Hold” rating by Berenberg given on Friday, June 17. RBC Capital Markets maintained it with “Hold” rating and $9800 target in Friday, June 2 report. CLSA initiated Autoliv Inc. (NYSE:ALV) rating on Tuesday, January 3. CLSA has “Sell” rating and $97 target. Pareto Securities downgraded the shares of ALV in report on Wednesday, September 2 to “Sell” rating.

Investors sentiment is 0.86 in 2016 Q4. Its the same as in 2016Q3. It has no change, as 29 investors sold Autoliv Inc. shares while 78 reduced holdings. only 23 funds opened positions while 69 raised stakes. 28.02 million shares or 2.16% less from 28.64 million shares in 2016Q3 were reported. Andra Ap holds 16,700 shares or 0.05% of its portfolio. Invesco holds 27,560 shares or 0% of its portfolio. Gam Hldgs Ag owns 3,775 shares or 0.01% of their US portfolio. Sei Invs holds 0.02% or 22,945 shares in its portfolio. Dnb Asset As invested in 0% or 15,852 shares. Prentiss Smith & Incorporated accumulated 1,383 shares. 60,414 are held by Macquarie Group Ltd. Blackrock Advsr Limited Liability Company has 0.01% invested in Autoliv Inc. (NYSE:ALV) for 79,277 shares. National Bank Of Montreal Can owns 0% invested in Autoliv Inc. (NYSE:ALV) for 14,501 shares. North Point Managers Oh, a Ohio-based fund reported 2,900 shares. Lsv Asset Management holds 0.02% or 105,977 shares in its portfolio. Yorktown Mgmt & Rech accumulated 2,500 shares. Zurcher Kantonalbank (Zurich Cantonalbank) holds 14,966 shares. State Board Of Administration Of Florida Retirement System invested in 0% or 9,227 shares. Apg Asset Management Nv holds 0.04% or 193,629 shares in its portfolio.

Since February 15, 2017, it had 0 insider purchases, and 9 insider sales for $1.11 million activity. Fredin Steven R had sold 962 shares worth $100,702. Patrick Erin sold $13,544 worth of stock. Shares for $690,370 were sold by Mogefors Svante on Thursday, May 11. Alspaugh Robert W sold $127,010 worth of stock. Wendels Amelie had sold 68 shares worth $7,309. Lofvenholm Johan also sold $29,542 worth of Autoliv Inc. (NYSE:ALV) shares.