Autoliv, Inc. (NYSE:ALV) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Shares of Autoliv, Inc. (NYSE:ALV) have been given an average recommendation of “Moderate Buy” by the seventeen ratings firms that are covering the firm, MarketBeat Ratings reports. Nine analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the company. The average 12-month price objective among brokerages that have issued ratings on the stock in the last year is $117.23.

A number of analysts have recently weighed in on ALV shares. Mizuho decreased their price target on shares of Autoliv from $115.00 to $112.00 and set an “outperform” rating for the company in a research report on Monday, February 3rd. Pareto Securities downgraded shares of Autoliv to a “hold” rating in a research report on Monday, February 3rd. HSBC downgraded shares of Autoliv from a “buy” rating to a “hold” rating and decreased their price target for the stock from $109.00 to $100.00 in a research report on Tuesday, February 4th. Wells Fargo & Company decreased their price target on shares of Autoliv from $101.00 to $97.00 and set an “equal weight” rating for the company in a research report on Monday, December 16th. Finally, Daiwa America raised shares of Autoliv from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, January 7th.

Autoliv Stock Up 0.8 %

Shares of NYSE:ALV opened at $97.38 on Monday. The company has a quick ratio of 0.71, a current ratio of 0.96 and a debt-to-equity ratio of 0.67. Autoliv has a 52-week low of $89.51 and a 52-week high of $129.38. The company has a 50 day moving average of $96.14 and a two-hundred day moving average of $96.62. The company has a market capitalization of $7.57 billion, a price-to-earnings ratio of 12.07, a price-to-earnings-growth ratio of 0.73 and a beta of 1.58.

Autoliv (NYSE:ALV) last issued its quarterly earnings data on Friday, January 31st. The auto parts company reported $3.05 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.84 by $0.21. Autoliv had a net margin of 6.21% and a return on equity of 28.62%. As a group, analysts forecast that Autoliv will post 9.51 earnings per share for the current fiscal year.

Autoliv Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, March 24th. Shareholders of record on Friday, March 7th will be paid a $0.70 dividend. This represents a $2.80 dividend on an annualized basis and a yield of 2.88%. The ex-dividend date of this dividend is Friday, March 7th. Autoliv’s payout ratio is 34.70%.

Insider Buying and Selling at Autoliv

In other Autoliv news, CEO Mikael Bratt sold 5,760 shares of the firm’s stock in a transaction on Tuesday, February 25th. The stock was sold at an average price of $98.90, for a total value of $569,664.00. Following the sale, the chief executive officer now directly owns 23,307 shares in the company, valued at approximately $2,305,062.30. This trade represents a 19.82 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP Per Jonas Jademyr sold 401 shares of the firm’s stock in a transaction on Tuesday, February 25th. The shares were sold at an average price of $98.85, for a total value of $39,638.85. Following the transaction, the executive vice president now directly owns 685 shares in the company, valued at $67,712.25. This trade represents a 36.92 % 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. 0.20% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of ALV. Swedbank AB increased its holdings in shares of Autoliv by 8.7% during the third quarter. Swedbank AB now owns 2,567,281 shares of the auto parts company’s stock valued at $239,707,000 after purchasing an additional 205,241 shares during the period. Foundations Investment Advisors LLC acquired a new position in shares of Autoliv during the third quarter valued at $222,000. Hennion & Walsh Asset Management Inc. increased its holdings in shares of Autoliv by 82.6% during the third quarter. Hennion & Walsh Asset Management Inc. now owns 4,031 shares of the auto parts company’s stock valued at $376,000 after purchasing an additional 1,824 shares during the period. Assenagon Asset Management S.A. increased its holdings in shares of Autoliv by 203.8% during the third quarter. Assenagon Asset Management S.A. now owns 106,563 shares of the auto parts company’s stock valued at $9,950,000 after purchasing an additional 71,487 shares during the period. Finally, State of Alaska Department of Revenue increased its holdings in shares of Autoliv by 7.2% during the third quarter. State of Alaska Department of Revenue now owns 8,561 shares of the auto parts company’s stock valued at $799,000 after purchasing an additional 575 shares during the period. 69.57% of the stock is owned by institutional investors and hedge funds.

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.