Autoliv, Inc. (NYSE:ALV) Given Average Rating of “Hold” by Brokerages

Shares of Autoliv, Inc. (NYSE:ALV) have been assigned a consensus rating of “Hold” from the twelve research firms that are presently covering the firm, MarketBeat reports. Seven investment analysts have rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is $125.90.

Several brokerages have recently issued reports on ALV. Mizuho lifted their target price on Autoliv from $115.00 to $135.00 and gave the stock a “buy” rating in a report on Monday, March 25th. Wells Fargo & Company upped their price objective on Autoliv from $126.00 to $128.00 and gave the company an “equal weight” rating in a research report on Monday. Barclays upped their price target on shares of Autoliv from $120.00 to $125.00 and gave the stock an “equal weight” rating in a research report on Monday. StockNews.com raised shares of Autoliv from a “hold” rating to a “buy” rating in a research report on Saturday, January 20th. Finally, Robert W. Baird upped their price objective on shares of Autoliv from $133.00 to $135.00 and gave the company a “neutral” rating in a report on Monday.

Insider Buying and Selling at Autoliv

In related news, insider Colin Naughton sold 782 shares of Autoliv stock in a transaction on Friday, February 2nd. The stock was sold at an average price of $110.68, for a total value of $86,551.76. Following the transaction, the insider now owns 5,594 shares in the company, valued at $619,143.92. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. In related news, CEO Mikael Bratt sold 4,226 shares of the business’s stock in a transaction dated Wednesday, February 21st. The shares were sold at an average price of $109.72, for a total transaction of $463,676.72. Following the completion of the sale, the chief executive officer now owns 17,547 shares of the company’s stock, valued at approximately $1,925,256.84. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Colin Naughton sold 782 shares of the stock in a transaction on Friday, February 2nd. The stock was sold at an average price of $110.68, for a total value of $86,551.76. Following the completion of the sale, the insider now directly owns 5,594 shares in the company, valued at $619,143.92. The disclosure for this sale can be found here. In the last three months, insiders sold 8,388 shares of company stock worth $921,757. Insiders own 0.24% of the company’s stock.

Institutional Trading of Autoliv

Several hedge funds have recently added to or reduced their stakes in the business. Benjamin F. Edwards & Company Inc. acquired a new position in shares of Autoliv in the 4th quarter worth $27,000. Rise Advisors LLC increased its stake in Autoliv by 84.1% in the 4th quarter. Rise Advisors LLC now owns 267 shares of the auto parts company’s stock valued at $29,000 after buying an additional 122 shares during the period. Register Financial Advisors LLC purchased a new stake in shares of Autoliv during the first quarter worth $36,000. Parallel Advisors LLC lifted its holdings in shares of Autoliv by 83.8% during the 4th quarter. Parallel Advisors LLC now owns 489 shares of the auto parts company’s stock valued at $54,000 after buying an additional 223 shares during the last quarter. Finally, TFO Wealth Partners LLC lifted its stake in Autoliv by 15,425.0% in the fourth quarter. TFO Wealth Partners LLC now owns 621 shares of the auto parts company’s stock valued at $68,000 after acquiring an additional 617 shares during the last quarter. Institutional investors own 69.57% of the company’s stock.

Autoliv Stock Performance

ALV stock opened at $121.24 on Tuesday. Autoliv has a 12-month low of $79.66 and a 12-month high of $125.91. The stock’s 50 day simple moving average is $117.74 and its 200 day simple moving average is $108.09. The stock has a market capitalization of $9.88 billion, a PE ratio of 18.91, a price-to-earnings-growth ratio of 0.81 and a beta of 1.72. The company has a current ratio of 1.10, a quick ratio of 0.82 and a debt-to-equity ratio of 0.75.

Autoliv (NYSE:ALV) last released its quarterly earnings results on Friday, January 26th. The auto parts company reported $3.74 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.37 by $0.37. The business had revenue of $2.75 billion during the quarter, compared to the consensus estimate of $2.75 billion. Autoliv had a return on equity of 29.84% and a net margin of 5.10%. The business’s quarterly revenue was up 17.8% compared to the same quarter last year. During the same period in the previous year, the company posted $1.83 EPS. As a group, research analysts forecast that Autoliv will post 9.67 earnings per share for the current fiscal year.

Autoliv Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, March 27th. Investors of record on Tuesday, March 12th were paid a dividend of $0.68 per share. This represents a $2.72 dividend on an annualized basis and a dividend yield of 2.24%. The ex-dividend date of this dividend was Monday, March 11th. Autoliv’s payout ratio is currently 42.43%.

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.