Autoliv (NYSE:ALV) Given New $105.00 Price Target at Barclays

Autoliv (NYSE:ALV) had its price objective boosted by Barclays from $97.00 to $105.00 in a research report sent to investors on Monday,Benzinga reports. They currently have an overweight rating on the auto parts company’s stock.

ALV has been the subject of several other research reports. Robert W. Baird cut their target price on Autoliv from $105.00 to $90.00 and set a “neutral” rating for the company in a research note on Tuesday, April 15th. Wells Fargo & Company lowered their target price on Autoliv from $84.00 to $82.00 and set an “equal weight” rating for the company in a research note on Thursday, April 17th. StockNews.com raised Autoliv from a “hold” rating to a “buy” rating in a research note on Thursday, April 17th. Cowen assumed coverage on shares of Autoliv in a research note on Thursday, March 6th. They issued a “buy” rating on the stock. Finally, Mizuho decreased their price objective on shares of Autoliv from $112.00 to $95.00 and set an “outperform” rating on the stock in a research report on Thursday, April 10th. Eight analysts have rated the stock with a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, Autoliv presently has an average rating of “Moderate Buy” and a consensus price target of $113.21.

Autoliv Stock Down 0.9 %

ALV stock opened at $85.52 on Monday. The company’s 50 day moving average is $90.60 and its 200 day moving average is $94.28. The stock has a market cap of $6.62 billion, a price-to-earnings ratio of 10.60, a price-to-earnings-growth ratio of 0.73 and a beta of 1.47. Autoliv has a 1-year low of $75.49 and a 1-year 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.

Autoliv (NYSE:ALV) last posted its quarterly earnings data on Wednesday, April 16th. The auto parts company reported $2.15 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.72 by $0.43. The company had revenue of $2.58 billion during the quarter, compared to the consensus estimate of $2.50 billion. Autoliv had a net margin of 6.21% and a return on equity of 28.62%. During the same period in the previous year, the firm posted $1.58 EPS. Sell-side analysts predict that Autoliv will post 9.51 EPS for the current fiscal year.

Autoliv Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, March 24th. Investors 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 3.27%. Autoliv’s payout ratio is currently 32.22%.

Insider Buying and Selling at Autoliv

In other news, CEO Mikael Bratt sold 5,760 shares of the company’s stock in a transaction that occurred on 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 owns 23,307 shares in the company, valued at approximately $2,305,062.30. This represents a 19.82 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Magnus Jarlegren sold 1,289 shares of the firm’s stock in a transaction that occurred on Tuesday, February 25th. The shares were sold at an average price of $98.83, for a total transaction of $127,391.87. Following the sale, the insider now directly owns 6,142 shares of the company’s stock, valued at $607,013.86. This trade represents a 17.35 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 9,253 shares of company stock worth $915,534. 0.20% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the stock. UMB Bank n.a. raised its stake in Autoliv by 139.5% during the 4th quarter. UMB Bank n.a. now owns 273 shares of the auto parts company’s stock valued at $26,000 after buying an additional 159 shares during the last quarter. AlphaQuest LLC grew its position in Autoliv by 74.4% during the fourth quarter. AlphaQuest LLC now owns 314 shares of the auto parts company’s stock valued at $29,000 after buying an additional 134 shares during the period. GAMMA Investing LLC increased its holdings in Autoliv by 122.9% during the first quarter. GAMMA Investing LLC now owns 370 shares of the auto parts company’s stock valued at $33,000 after buying an additional 204 shares during the last quarter. FNY Investment Advisers LLC bought a new position in Autoliv in the first quarter worth approximately $44,000. Finally, Twin Tree Management LP purchased a new position in shares of Autoliv during the 4th quarter worth $50,000. 69.57% of the stock is owned by hedge funds and other institutional investors.

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.