Autoliv, Inc. (NYSE:ALV) CFO Fredrik Westin Sells 1,803 Shares

Autoliv, Inc. (NYSE:ALV) CFO Fredrik Westin sold 1,803 shares of the company’s stock in a transaction on Tuesday, February 25th. The shares were sold at an average price of $99.19, for a total value of $178,839.57. Following the transaction, the chief financial officer now directly owns 7,261 shares in the company, valued at $720,218.59. This represents a 19.89 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Autoliv Stock Down 1.4 %

Shares of NYSE:ALV opened at $96.75 on Friday. The firm has a market capitalization of $7.52 billion, a PE ratio of 11.99, a price-to-earnings-growth ratio of 0.73 and a beta of 1.58. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.71 and a current ratio of 0.96. Autoliv, Inc. has a 52-week low of $89.51 and a 52-week high of $129.38. The firm has a fifty day moving average of $96.14 and a 200 day moving average of $96.62.

Autoliv (NYSE:ALV) last announced its quarterly earnings data on Friday, January 31st. The auto parts company reported $3.05 EPS 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%. As a group, research analysts anticipate that Autoliv, Inc. will post 9.51 EPS for the current fiscal year.

Autoliv Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 24th. Stockholders 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 dividend yield of 2.89%. Autoliv’s payout ratio is 34.70%.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on the stock. Mizuho reduced their target price 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. StockNews.com cut Autoliv from a “buy” rating to a “hold” rating in a report on Tuesday. Hsbc Global Res lowered Autoliv from a “strong-buy” rating to a “hold” rating in a report on Tuesday, February 4th. Daiwa Capital Markets raised shares of Autoliv from a “neutral” rating to an “outperform” rating and set a $109.00 price target on the stock in a report on Tuesday, January 7th. Finally, HSBC cut shares of Autoliv from a “buy” rating to a “hold” rating and reduced their price objective for the company from $109.00 to $100.00 in a research note on Tuesday, February 4th. Ten research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, Autoliv presently has an average rating of “Moderate Buy” and an average price target of $117.23.

Institutional Investors Weigh In On Autoliv

A number of institutional investors have recently made changes to their positions in the business. Legend Financial Advisors Inc. boosted its holdings in Autoliv by 1.8% during the 4th quarter. Legend Financial Advisors Inc. now owns 6,344 shares of the auto parts company’s stock valued at $595,000 after acquiring an additional 115 shares during the period. CIBC Asset Management Inc boosted its stake in shares of Autoliv by 5.2% during the fourth quarter. CIBC Asset Management Inc now owns 2,501 shares of the auto parts company’s stock valued at $235,000 after purchasing an additional 124 shares during the period. Quantinno Capital Management LP grew its holdings in shares of Autoliv by 0.6% in the third quarter. Quantinno Capital Management LP now owns 23,456 shares of the auto parts company’s stock worth $2,190,000 after purchasing an additional 130 shares during the last quarter. US Bancorp DE increased its stake in shares of Autoliv by 3.5% in the fourth quarter. US Bancorp DE now owns 3,820 shares of the auto parts company’s stock worth $358,000 after buying an additional 130 shares during the period. Finally, AlphaQuest LLC raised its holdings in Autoliv by 74.4% during the 4th 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 last quarter. 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.