As Autoliv (ALV) Share Price Declined, Beddow Capital Management Cut by $2.51 Million Its Stake; Parallax Volatility Advisers LP Stake in Dish Network (DISH) Decreased by $6.40 Million as Market Valuation Declined

June 14, 2018 - By Peter Erickson

Autoliv, Inc. (NYSE:ALV) Logo

Parallax Volatility Advisers Lp decreased its stake in Dish Network Corp (DISH) by 67.81% based on its latest 2018Q1 regulatory filing with the SEC. Parallax Volatility Advisers Lp sold 172,927 shares as the company’s stock declined 31.68% with the market. The institutional investor held 82,073 shares of the television services company at the end of 2018Q1, valued at $3.11M, down from 255,000 at the end of the previous reported quarter. Parallax Volatility Advisers Lp who had been investing in Dish Network Corp for a number of months, seems to be less bullish one the $15.86 billion market cap company. The stock increased 3.26% or $1.07 during the last trading session, reaching $33.93. About 1.59M shares traded. DISH Network Corporation (NASDAQ:DISH) has declined 51.94% since June 14, 2017 and is downtrending. It has underperformed by 64.51% the S&P500. Some Historical DISH News: 19/04/2018 – Fitch Downgrades DISH’s IDR to ‘B+’; Outlook Negative; 23/04/2018 – FATHOM EVENTS – LIVE DIGITAL BROADCAST NETWORK TO RECEIVE OVER 200 ADDITIONAL THEATERS OVER NEXT 12-18 MONTHS THROUGH EXTENDED DISH NETWORK AGREEMENT; 01/05/2018 – Dish DBS CDS Widens 45 Bps, Most in 6 Weeks; 08/05/2018 – Dish DBS CDS Tightens 59 Bps; 13/03/2018 DISH names The Richards Group its new creative agency of record; 08/05/2018 – DISH 1Q EPS 70C; 08/05/2018 – DISH: SLING TV ADDED 91K USERS FOR TOTAL OF 2.3M UP FROM 1.7; 03/04/2018 – S&PGR Revises DISH DBS Sr Unscd Recovery Rtg To ‘3’ From ‘4’; 08/05/2018 – DISH EXECUTIVES SPEAKING ON EARNINGS CONFERENCE CALL; 08/05/2018 – DISH 1Q REV. $3.46B, EST. $3.50B

Ed Beddow decreased its stake in Autoliv Inc. (ALV) by 19.16% based on its latest 2018Q1 regulatory filing with the SEC. Beddow Capital Management Inc sold 17,281 shares as the company’s stock declined 1.01% with the market. The hedge fund run by Ed Beddow held 72,906 shares of the capital goods company at the end of 2018Q1, valued at $10.64 million, down from 90,187 at the end of the previous reported quarter. Beddow Capital Management Inc who had been investing in Autoliv Inc. for a number of months, seems to be less bullish one the $13.85 billion market cap company. The stock increased 0.61% or $0.97 during the last trading session, reaching $159. About 73,752 shares traded. Autoliv, Inc. (NYSE:ALV) has risen 36.47% since June 14, 2017 and is uptrending. It has outperformed by 23.90% the S&P500. Some Historical ALV News: 27/04/2018 – Autoliv: Financial Report January March 2018; 27/04/2018 – S&PGR Revises Autoliv Outlook To Negative; 23/05/2018 – Autoliv: Invitation to Autoliv and Veoneer Investor Day webcast and telephone conference; 31/05/2018 – Sweden’s Autoliv says Veoneer order intake grew 48 pct over past 12 months; 31/05/2018 – AUTOLIV INC – VEONEER EXPECTS HIGH RD&E INVESTMENTS TO CONTINUE AND CAPEX LEVELS TO BE IN HIGH SINGLE DIGITS, UNTIL 2020; 31/05/2018 – AUTOLIV INC – FOR VEONEER’S ACTIVE SAFETY BUSINESS, CLOSE TO 70 PCT BOOKED TO MEET 2022 SALES TARGET OF $2 BLN – INVESTOR PRESENTATION; 30/05/2018 – S&PGR Revises Autoliv Outlook To Stable; Affirms ‘A-/A-2’; 24/05/2018 – AUTOLIV: CEVIAN PARTNER SYNNERGREN TO JOIN VEONEER BOARD; 26/04/2018 – AUTOLIV INC ALV.N – INITIAL CAPITALIZATION OF VEONEER WILL PROVIDE UP TO $1.2 BLN OF CASH LIQUIDITY IN VEONEER; 29/05/2018 – Autoliv: Geofencing technology demonstration in Stockholm

Since February 15, 2018, it had 0 buys, and 4 sales for $379,045 activity. 423 Autoliv, Inc. (NYSE:ALV) shares with value of $60,616 were sold by Mogefors Svante.

Another recent and important Autoliv, Inc. (NYSE:ALV) news was published by Seekingalpha.com which published an article titled: “Sputtering vibe in the auto parts sector” on May 29, 2018.

Analysts await Autoliv, Inc. (NYSE:ALV) to report earnings on July, 20. They expect $1.85 EPS, up 28.47% or $0.41 from last year’s $1.44 per share. ALV’s profit will be $161.12 million for 21.49 P/E if the $1.85 EPS becomes a reality. After $1.66 actual EPS reported by Autoliv, Inc. for the previous quarter, Wall Street now forecasts 11.45% EPS growth.

Among 29 analysts covering Autoliv Inc (NYSE:ALV), 9 have Buy rating, 8 Sell and 12 Hold. Therefore 31% are positive. Autoliv Inc had 114 analyst reports since July 22, 2015 according to SRatingsIntel. The firm has “Underperform” rating given on Friday, February 3 by RBC Capital Markets. The firm earned “Buy” rating on Friday, June 1 by Longbow. The stock of Autoliv, Inc. (NYSE:ALV) earned “Hold” rating by Cowen & Co on Thursday, January 18. The rating was maintained by Piper Jaffray with “Hold” on Monday, September 11. Berenberg initiated the shares of ALV in report on Friday, June 17 with “Hold” rating. The firm has “Buy” rating given on Wednesday, January 31 by Robert W. Baird. The rating was maintained by Mizuho with “Buy” on Monday, April 30. The stock has “Hold” rating by RBC Capital Markets on Monday, July 3. Deutsche Bank maintained the stock with “Hold” rating in Wednesday, October 14 report. The firm has “Hold” rating given on Sunday, August 27 by RBC Capital Markets.

Beddow Capital Management Inc, which manages about $385.61M and $248.28M US Long portfolio, upped its stake in Timken Company (NYSE:TKR) by 20,495 shares to 140,999 shares, valued at $6.43 million in 2018Q1, according to the filing. It also increased its holding in Tandy Leather Factory (NASDAQ:TLF) by 63,402 shares in the quarter, for a total of 623,620 shares, and has risen its stake in Cimarex Energy Company (NYSE:XEC).

Investors sentiment increased to 0.98 in 2018 Q1. Its up 0.02, from 0.96 in 2017Q4. It is positive, as 22 investors sold ALV shares while 79 reduced holdings. 32 funds opened positions while 67 raised stakes. 29.41 million shares or 2.97% more from 28.56 million shares in 2017Q4 were reported. Tortoise Capital Ltd Liability Company has 0% invested in Autoliv, Inc. (NYSE:ALV) for 8 shares. Quebec – Canada-based Caisse De Depot Et Placement Du Quebec has invested 0.01% in Autoliv, Inc. (NYSE:ALV). Park National Corp Oh, a Ohio-based fund reported 3,140 shares. 2,540 are owned by Walleye Trading Ltd. Great West Life Assurance Company Can stated it has 51,517 shares. California-based California Public Employees Retirement Sys has invested 0.05% in Autoliv, Inc. (NYSE:ALV). New York State Common Retirement Fund invested in 44,743 shares. Brandywine Inv Mngmt Limited Liability Com holds 0% or 13 shares. Rmb Cap Ltd has 0.07% invested in Autoliv, Inc. (NYSE:ALV) for 18,909 shares. Sweden-based Alecta Pensionsforsakring Omsesidigt has invested 10.14% in Autoliv, Inc. (NYSE:ALV). Gateway Investment Advisers Limited Liability Company stated it has 47,193 shares or 0.06% of all its holdings. Destination Wealth Mgmt reported 0% stake. Coastline Trust holds 0.41% of its portfolio in Autoliv, Inc. (NYSE:ALV) for 18,455 shares. United Svcs Automobile Association holds 0.01% or 23,113 shares. Rhumbline Advisers owns 0.01% invested in Autoliv, Inc. (NYSE:ALV) for 22,247 shares.

Since January 5, 2018, it had 2 insider purchases, and 5 selling transactions for $2.94 million activity. 10,000 shares were bought by DEFRANCO JAMES, worth $292,000. McSchooler Jeffrey L had sold 739 shares worth $27,831. On Tuesday, March 20 Khemka Vivek sold $234,180 worth of DISH Network Corporation (NASDAQ:DISH) or 6,000 shares. $4,708 worth of DISH Network Corporation (NASDAQ:DISH) shares were sold by ORBAN PAUL W.

More notable recent DISH Network Corporation (NASDAQ:DISH) news were published by: Seekingalpha.com which released: “Google Home now handles three tasks in a query; Alexa gets deeper Dish integration” on June 12, 2018, also Seekingalpha.com with their article: “Best And Worst Performing Nasdaq 100 Stocks Of 2018” published on May 25, 2018, Seekingalpha.com published: “Dish Network +3.1% after Ergen’s purchase of 100K shares” on June 05, 2018. More interesting news about DISH Network Corporation (NASDAQ:DISH) were released by: Seekingalpha.com and their article: “Dish Network plans $1B IoT buildout, with 5G funding closer to $10B” published on May 24, 2018 as well as Seekingalpha.com‘s news article titled: “DISH Network: Focus On Pay-Tv Inflection Point” with publication date: May 27, 2018.

Among 22 analysts covering Dish Network Corp. (NASDAQ:DISH), 9 have Buy rating, 2 Sell and 11 Hold. Therefore 41% are positive. Dish Network Corp. had 59 analyst reports since July 22, 2015 according to SRatingsIntel. Barclays Capital maintained the shares of DISH in report on Friday, August 14 with “Underweight” rating. Moffett Nathanson maintained the shares of DISH in report on Tuesday, September 26 with “Sell” rating. The firm has “Equal Weight” rating by Barclays Capital given on Thursday, February 23. The rating was maintained by Goldman Sachs with “Buy” on Thursday, April 21. The stock has “Neutral” rating by Moeffett Nathanson on Monday, October 26. The firm has “Sell” rating given on Wednesday, September 9 by Wunderlich. The company was maintained on Friday, November 10 by Barclays Capital. Cowen & Co maintained the shares of DISH in report on Monday, March 26 with “Buy” rating. The firm earned “Underperform” rating on Friday, February 19 by FBR Capital. The company was downgraded on Tuesday, September 8 by Vetr.

Parallax Volatility Advisers Lp, which manages about $4.50 billion and $74.37B US Long portfolio, upped its stake in Rent A Ctr Inc New (Put) (NASDAQ:RCII) by 605,000 shares to 800,000 shares, valued at $6.90 million in 2018Q1, according to the filing. It also increased its holding in Ctrip Com Intl Ltd (Put) (NASDAQ:CTRP) by 623,234 shares in the quarter, for a total of 699,800 shares, and has risen its stake in Genuine Parts Co (Call) (NYSE:GPC).

Analysts await DISH Network Corporation (NASDAQ:DISH) to report earnings on August, 1. They expect $0.70 EPS, up 1.45% or $0.01 from last year’s $0.69 per share. DISH’s profit will be $327.16 million for 12.12 P/E if the $0.70 EPS becomes a reality. After $0.70 actual EPS reported by DISH Network Corporation for the previous quarter, Wall Street now forecasts 0.00% EPS growth.

DISH Network Corporation (NASDAQ:DISH) Institutional Positions Chart

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