Autoliv, Inc. (NYSE:ALV) CEO Sells $569,664.00 in Stock

Autoliv, Inc. (NYSE:ALV) CEO Mikael Bratt sold 5,760 shares of the business’s stock in a transaction that occurred on Tuesday, February 25th. The stock was sold at an average price of $98.90, for a total transaction of $569,664.00. Following the completion of the sale, the chief executive officer now owns 23,307 shares of the company’s stock, valued at approximately $2,305,062.30. The trade was a 19.82 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link.

Autoliv Trading Up 0.8 %

NYSE:ALV opened at $97.38 on Friday. Autoliv, Inc. has a 12 month low of $89.51 and a 12 month high of $129.38. The company has a current ratio of 0.96, a quick ratio of 0.71 and a debt-to-equity ratio of 0.67. The company has a 50-day moving average price of $96.25 and a 200-day moving average price of $96.63. The stock has a market cap of $7.57 billion, a price-to-earnings ratio of 12.07, a P/E/G ratio of 0.73 and a beta of 1.58.

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

Autoliv Dividend Announcement

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

Analysts Set New Price Targets

ALV has been the subject of several recent research reports. Mizuho lowered their price target on shares of Autoliv from $115.00 to $112.00 and set an “outperform” rating for the company in a research note on Monday, February 3rd. Daiwa America raised Autoliv from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, January 7th. Pareto Securities lowered Autoliv to a “hold” rating in a research report on Monday, February 3rd. Hsbc Global Res downgraded Autoliv from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, February 4th. Finally, Wells Fargo & Company cut their target price on shares of Autoliv from $101.00 to $97.00 and set an “equal weight” rating on the stock in a report on Monday, December 16th. Ten research analysts have rated the stock with a hold rating, seven have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $117.23.

Hedge Funds Weigh In On Autoliv

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. UMB Bank n.a. increased its stake in shares of 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 acquiring an additional 159 shares in the last quarter. AlphaQuest LLC grew its holdings in Autoliv by 74.4% in the fourth quarter. AlphaQuest LLC now owns 314 shares of the auto parts company’s stock worth $29,000 after purchasing an additional 134 shares during the period. Fred Alger Management LLC bought a new position in shares of Autoliv during the third quarter valued at approximately $45,000. Twin Tree Management LP purchased a new position in shares of Autoliv during the fourth quarter valued at approximately $50,000. Finally, Physician Wealth Advisors Inc. bought a new stake in shares of Autoliv in the 4th quarter worth approximately $57,000. Hedge funds and other institutional investors own 69.57% of the company’s stock.

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.