Autoliv, Inc. (NYSE:ALV) Receives $117.14 Average Price Target from Brokerages

Shares of Autoliv, Inc. (NYSE:ALV) have been given an average recommendation of “Moderate Buy” by the nineteen analysts that are presently covering the firm, MarketBeat Ratings reports. Nine investment analysts have rated the stock with a hold recommendation, nine have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year price target among brokers that have covered the stock in the last year is $117.14.

ALV has been the subject of a number of analyst reports. HSBC lowered shares of Autoliv from a “buy” rating to a “hold” rating and reduced their price objective for the company from $109.00 to $100.00 in a research note on Tuesday, February 4th. Mizuho decreased their price objective on shares of Autoliv from $115.00 to $112.00 and set an “outperform” rating for the company in a report on Monday, February 3rd. Daiwa Capital Markets upgraded Autoliv from a “neutral” rating to an “outperform” rating and set a $109.00 target price on the stock in a research note on Tuesday, January 7th. Pareto Securities cut Autoliv to a “hold” rating in a research note on Monday, February 3rd. Finally, Wells Fargo & Company dropped their price objective on Autoliv from $101.00 to $97.00 and set an “equal weight” rating on the stock in a research report on Monday, December 16th.

Autoliv Stock Performance

Autoliv stock opened at $93.69 on Friday. Autoliv has a twelve month low of $87.55 and a twelve month high of $129.38. The company has a quick ratio of 0.71, a current ratio of 0.96 and a debt-to-equity ratio of 0.67. The company has a market capitalization of $7.28 billion, a P/E ratio of 11.61, a PEG ratio of 0.73 and a beta of 1.59. The stock’s 50 day moving average is $95.84 and its 200 day moving average is $95.68.

Autoliv (NYSE:ALV) last released its earnings results on Friday, January 31st. The auto parts company reported $3.05 EPS for the quarter, topping analysts’ consensus estimates of $2.84 by $0.21. Autoliv had a return on equity of 28.62% and a net margin of 6.21%. On average, equities research analysts predict that Autoliv will post 9.51 earnings per share for the current fiscal year.

Autoliv Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 24th. Stockholders of record on Friday, March 7th were paid a $0.70 dividend. The ex-dividend date was Friday, March 7th. This represents a $2.80 annualized dividend and a dividend yield of 2.99%. Autoliv’s dividend payout ratio (DPR) is 34.70%.

Insider Activity at Autoliv

In other news, CFO Fredrik Westin sold 1,803 shares of the firm’s stock in a transaction dated Tuesday, February 25th. The stock was sold at an average price of $99.19, for a total value of $178,839.57. Following the transaction, the chief financial officer now owns 7,261 shares of the company’s stock, valued at $720,218.59. This trade represents a 19.89 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Mikael Bratt sold 5,760 shares of Autoliv stock in a transaction dated Tuesday, February 25th. The shares were sold at an average price of $98.90, for a total value of $569,664.00. Following the transaction, the chief executive officer now directly owns 23,307 shares in the company, valued at approximately $2,305,062.30. The trade was a 19.82 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 9,253 shares of company stock worth $915,534. Corporate insiders own 0.20% of the company’s stock.

Institutional Trading of Autoliv

Several institutional investors and hedge funds have recently modified their holdings of ALV. UMB Bank n.a. boosted its holdings in Autoliv by 139.5% in the 4th quarter. UMB Bank n.a. now owns 273 shares of the auto parts company’s stock worth $26,000 after buying an additional 159 shares during the period. AlphaQuest LLC lifted its position in shares of Autoliv by 74.4% in the fourth quarter. AlphaQuest LLC now owns 314 shares of the auto parts company’s stock valued at $29,000 after acquiring an additional 134 shares in the last quarter. Fred Alger Management LLC bought a new position in shares of Autoliv in the third quarter worth about $45,000. Twin Tree Management LP bought a new position in shares of Autoliv in the fourth quarter worth about $50,000. Finally, Physician Wealth Advisors Inc. purchased a new stake in shares of Autoliv during the fourth quarter worth about $57,000. 69.57% of the stock is currently owned by institutional investors.

Autoliv Company Profile

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.