Autoliv (NYSE:ALV) Price Target Raised to $125.00 at Barclays

Autoliv (NYSE:ALV) had its target price hoisted by Barclays from $120.00 to $125.00 in a research note released on Monday morning, Benzinga reports. Barclays currently has an equal weight rating on the auto parts company’s stock.

A number of other analysts also recently issued reports on the stock. Wolfe Research downgraded shares of Autoliv from an outperform rating to a peer perform rating in a report on Thursday, January 4th. Bank of America lifted their price target on Autoliv from $135.00 to $145.00 and gave the stock a buy rating in a research note on Monday. Mizuho increased their price objective on Autoliv from $115.00 to $135.00 and gave the company a buy rating in a research report on Monday, March 25th. Robert W. Baird boosted their target price on Autoliv from $133.00 to $135.00 and gave the stock a neutral rating in a research report on Monday. Finally, Wells Fargo & Company increased their price target on shares of Autoliv from $101.00 to $107.00 and gave the company an equal weight rating in a research report on Monday, January 29th. Seven investment analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat.com, Autoliv has an average rating of Hold and a consensus price target of $125.90.

Autoliv Stock Down 0.9 %

Shares of NYSE ALV opened at $121.24 on Monday. The company has a current ratio of 1.10, a quick ratio of 0.82 and a debt-to-equity ratio of 0.75. The business has a 50-day moving average of $117.94 and a 200-day moving average of $108.27. The firm has a market capitalization of $9.88 billion, a price-to-earnings ratio of 18.91, a PEG ratio of 0.81 and a beta of 1.72. Autoliv has a 12 month low of $79.66 and a 12 month high of $125.91.

Autoliv (NYSE:ALV) last announced its earnings results on Friday, January 26th. The auto parts company reported $3.74 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.37 by $0.37. The business had revenue of $2.75 billion during the quarter, compared to analyst estimates of $2.75 billion. Autoliv had a net margin of 5.10% and a return on equity of 29.84%. Autoliv’s revenue for the quarter was up 17.8% on a year-over-year basis. During the same period in the previous year, the business posted $1.83 earnings per share. Sell-side analysts expect 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. Stockholders 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 dividend payout ratio (DPR) is presently 42.43%.

Insider Transactions at Autoliv

In related news, VP Mikael Hagstrom sold 327 shares of the company’s stock in a transaction on Wednesday, February 21st. The shares were sold at an average price of $109.69, for a total transaction of $35,868.63. Following the completion of the sale, the vice president now directly owns 327 shares in the company, valued at approximately $35,868.63. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In related news, VP Mikael Hagstrom sold 327 shares of the business’s stock in a transaction dated Wednesday, February 21st. The stock was sold at an average price of $109.69, for a total transaction of $35,868.63. Following the transaction, the vice president now owns 327 shares in the company, valued at approximately $35,868.63. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Anthony J. Nellis sold 760 shares of the stock in a transaction that occurred on Tuesday, February 20th. The stock was sold at an average price of $110.00, for a total value of $83,600.00. Following the completion of the sale, the executive vice president now owns 4,859 shares of the company’s stock, valued at approximately $534,490. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 8,388 shares of company stock worth $921,757. Insiders own 0.24% of the company’s stock.

Institutional Trading of Autoliv

Several large investors have recently added to or reduced their stakes in ALV. Commonwealth Equity Services LLC bought a new position in Autoliv in the 3rd quarter worth $254,000. Raymond James & Associates increased its position in shares of Autoliv by 143.7% during the third quarter. Raymond James & Associates now owns 28,814 shares of the auto parts company’s stock valued at $2,780,000 after buying an additional 16,990 shares during the period. New York State Teachers Retirement System raised its stake in Autoliv by 54.9% in the third quarter. New York State Teachers Retirement System now owns 30,114 shares of the auto parts company’s stock worth $2,905,000 after buying an additional 10,676 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in Autoliv by 4.0% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 439,353 shares of the auto parts company’s stock worth $42,389,000 after buying an additional 16,964 shares during the period. Finally, Fifth Third Bancorp lifted its holdings in Autoliv by 269.5% in the third quarter. Fifth Third Bancorp now owns 872 shares of the auto parts company’s stock worth $84,000 after buying an additional 636 shares during the period. Institutional investors own 69.57% of the company’s stock.

About Autoliv

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.