Autoliv, Inc. (NYSE:ALV) CEO Mikael Bratt Sells 5,760 Shares

Autoliv, Inc. (NYSE:ALV) 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 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 $2,305,062.30. This trade represents a 19.82 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Autoliv Stock Performance

NYSE:ALV opened at $96.75 on Friday. 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 firm has a 50-day moving average price of $96.14 and a two-hundred day moving average price of $96.62. Autoliv, Inc. has a twelve month low of $89.51 and a twelve month high of $129.38. The company has a market capitalization of $7.52 billion, a P/E ratio of 11.99, a price-to-earnings-growth ratio of 0.73 and a beta of 1.58.

Autoliv (NYSE:ALV) last issued its quarterly earnings results on Friday, January 31st. The auto parts company reported $3.05 EPS for the quarter, topping analysts’ consensus estimates 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, research analysts expect that Autoliv, Inc. will post 9.51 earnings per share for the current fiscal year.

Autoliv Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 24th. Stockholders of record on Friday, March 7th will be issued a dividend of $0.70 per share. The ex-dividend date of this dividend is Friday, March 7th. This represents a $2.80 dividend on an annualized basis and a dividend yield of 2.89%. Autoliv’s dividend payout ratio (DPR) is presently 34.70%.

Institutional Investors Weigh In On Autoliv

A number of hedge funds and other institutional investors have recently modified their holdings of ALV. Swedbank AB grew 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 worth $239,707,000 after buying an additional 205,241 shares in the last quarter. Hennion & Walsh Asset Management Inc. grew 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 worth $376,000 after buying an additional 1,824 shares in the last quarter. State of Alaska Department of Revenue grew 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 worth $799,000 after buying an additional 575 shares in the last quarter. Farther Finance Advisors LLC grew its holdings in Autoliv by 2,115.5% in the third quarter. Farther Finance Advisors LLC now owns 2,282 shares of the auto parts company’s stock valued at $213,000 after purchasing an additional 2,179 shares during the period. Finally, Ceredex Value Advisors LLC grew its holdings in Autoliv by 63.6% in the third quarter. Ceredex Value Advisors LLC now owns 148,500 shares of the auto parts company’s stock valued at $13,865,000 after purchasing an additional 57,727 shares during the period. 69.57% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research firms have recently commented on ALV. Hsbc Global Res cut shares of Autoliv from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, February 4th. Daiwa America upgraded shares of Autoliv from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, January 7th. Daiwa Capital Markets upgraded shares of Autoliv from a “neutral” rating to an “outperform” rating and set a $109.00 price objective for the company in a research note on Tuesday, January 7th. StockNews.com cut shares of Autoliv from a “buy” rating to a “hold” rating in a research note on Tuesday. Finally, Wells Fargo & Company reduced their price objective on shares of Autoliv from $101.00 to $97.00 and set an “equal weight” rating for the company in a research note on Monday, December 16th. Ten analysts have rated the stock with a hold rating, seven have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $117.23.

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.