Autoliv (NYSE:ALV) Reaches New 12-Month Low – Time to Sell?

Autoliv, Inc. (NYSE:ALV)’s share price reached a new 52-week low during trading on Wednesday . The company traded as low as $75.49 and last traded at $76.61, with a volume of 749441 shares. The stock had previously closed at $79.72.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on the company. Daiwa Capital Markets upgraded Autoliv from a “neutral” rating to an “outperform” rating and set a $109.00 target price for the company in a research report on Tuesday, January 7th. Hsbc Global Res cut shares of Autoliv from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, February 4th. HSBC lowered shares of Autoliv from a “buy” rating to a “hold” rating and decreased their target price for the company from $109.00 to $100.00 in a report on Tuesday, February 4th. Wells Fargo & Company cut their price target on shares of Autoliv from $101.00 to $97.00 and set an “equal weight” rating for the company in a report on Monday, December 16th. Finally, StockNews.com lowered shares of Autoliv from a “buy” rating to a “hold” rating in a research report on Thursday, April 3rd. Ten equities research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $115.93.

Autoliv Price Performance

The company has a 50 day moving average price of $91.84 and a 200-day moving average price of $94.69. The company has a market cap of $6.16 billion, a price-to-earnings ratio of 9.86, a P/E/G ratio of 0.73 and a beta of 1.47. The company has a quick ratio of 0.71, a current ratio of 0.96 and a debt-to-equity ratio of 0.67.

Autoliv (NYSE:ALV) last released its quarterly earnings results on Friday, January 31st. The auto parts company reported $3.05 earnings per share (EPS) for the quarter, beating the consensus estimate 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, equities research analysts predict that Autoliv, Inc. 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. Shareholders of record on Friday, March 7th were given a $0.70 dividend. The ex-dividend date of this dividend was Friday, March 7th. This represents a $2.80 dividend on an annualized basis and a dividend yield of 3.52%. Autoliv’s dividend payout ratio (DPR) is presently 34.70%.

Insider Transactions at Autoliv

In other Autoliv news, EVP Per Jonas Jademyr sold 401 shares of the stock in a transaction dated Tuesday, February 25th. The stock was sold at an average price of $98.85, for a total transaction of $39,638.85. Following the completion of the sale, the executive vice president now directly owns 685 shares in the company, valued at approximately $67,712.25. This trade represents a 36.92 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Mikael Bratt sold 5,760 shares of Autoliv stock in a transaction dated Tuesday, February 25th. The stock was sold at an average price of $98.90, for a total value of $569,664.00. Following the completion of the transaction, the chief executive officer now directly owns 23,307 shares of the company’s stock, valued at approximately $2,305,062.30. This trade represents a 19.82 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 9,253 shares of company stock worth $915,534 over the last ninety days. 0.20% of the stock is owned by insiders.

Institutional Investors Weigh In On Autoliv

A number of hedge funds have recently added to or reduced their stakes in ALV. Legend Financial Advisors Inc. grew its position in shares of Autoliv by 1.8% during the 4th quarter. Legend Financial Advisors Inc. now owns 6,344 shares of the auto parts company’s stock worth $595,000 after buying an additional 115 shares during the period. CIBC Asset Management Inc increased its stake in Autoliv by 5.2% in 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 in the last quarter. US Bancorp DE raised its holdings in shares of Autoliv by 3.5% during the fourth quarter. US Bancorp DE now owns 3,820 shares of the auto parts company’s stock valued at $358,000 after purchasing an additional 130 shares during the period. AlphaQuest LLC boosted its position in shares of Autoliv by 74.4% during the 4th quarter. AlphaQuest LLC now owns 314 shares of the auto parts company’s stock worth $29,000 after purchasing an additional 134 shares in the last quarter. Finally, Deutsche Bank AG grew its stake in shares of Autoliv by 2.3% in the 4th quarter. Deutsche Bank AG now owns 5,886 shares of the auto parts company’s stock valued at $552,000 after buying an additional 135 shares during the period. 69.57% of the stock is currently owned by institutional investors.

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.