Autoliv (NYSE:ALV) Insider Magnus Jarlegren Sells 1,598 Shares of Stock

Autoliv, Inc. (NYSE:ALV) insider Magnus Jarlegren sold 1,598 shares of Autoliv stock in a transaction dated Wednesday, February 25th. The stock was sold at an average price of $121.61, for a total transaction of $194,332.78. Following the transaction, the insider owned 7,739 shares of the company’s stock, valued at approximately $941,139.79. The trade was a 17.11% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link.

Autoliv Stock Down 0.6%

ALV stock opened at $120.01 on Friday. The company has a debt-to-equity ratio of 0.67, a current ratio of 1.05 and a quick ratio of 0.79. The company’s 50 day simple moving average is $123.86 and its 200-day simple moving average is $121.92. Autoliv, Inc. has a 12 month low of $75.49 and a 12 month high of $130.14. The firm has a market capitalization of $8.97 billion, a PE ratio of 12.55, a P/E/G ratio of 1.01 and a beta of 1.32.

Autoliv (NYSE:ALV) last issued its quarterly earnings data on Friday, January 30th. The auto parts company reported $3.19 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.85 by $0.34. Autoliv had a return on equity of 30.42% and a net margin of 6.80%.Autoliv’s revenue was up 7.7% on a year-over-year basis. During the same quarter in the prior year, the company posted $3.05 earnings per share. Equities analysts expect that Autoliv, Inc. will post 9.51 earnings per share for the current fiscal year.

Autoliv Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 19th. Stockholders of record on Wednesday, March 4th will be given a $0.87 dividend. This represents a $3.48 annualized dividend and a dividend yield of 2.9%. The ex-dividend date is Wednesday, March 4th. Autoliv’s dividend payout ratio is currently 36.40%.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of ALV. UMB Bank n.a. lifted its position in Autoliv by 11.0% during the fourth quarter. UMB Bank n.a. now owns 825 shares of the auto parts company’s stock valued at $98,000 after buying an additional 82 shares in the last quarter. CIBC Private Wealth Group LLC raised its stake in shares of Autoliv by 5.2% in the 4th quarter. CIBC Private Wealth Group LLC now owns 1,677 shares of the auto parts company’s stock valued at $199,000 after acquiring an additional 83 shares during the period. Bessemer Group Inc. raised its stake in shares of Autoliv by 24.8% in the 3rd quarter. Bessemer Group Inc. now owns 448 shares of the auto parts company’s stock valued at $56,000 after acquiring an additional 89 shares during the period. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Autoliv by 21.6% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 552 shares of the auto parts company’s stock valued at $66,000 after acquiring an additional 98 shares in the last quarter. Finally, IFP Advisors Inc boosted its position in Autoliv by 110.3% during the 3rd quarter. IFP Advisors Inc now owns 204 shares of the auto parts company’s stock worth $25,000 after purchasing an additional 107 shares during the period. Hedge funds and other institutional investors own 69.57% of the company’s stock.

Analyst Ratings Changes

Several research analysts recently weighed in on ALV shares. Royal Bank Of Canada cut their target price on shares of Autoliv from $146.00 to $141.00 and set an “outperform” rating for the company in a research note on Monday, February 2nd. Wall Street Zen cut Autoliv from a “strong-buy” rating to a “buy” rating in a report on Saturday, January 31st. Wolfe Research set a $143.00 target price on Autoliv in a research note on Monday, January 12th. Evercore reduced their target price on Autoliv from $150.00 to $145.00 and set an “outperform” rating on the stock in a research report on Monday, February 2nd. Finally, TD Cowen restated a “buy” rating on shares of Autoliv in a report on Monday, February 2nd. Ten analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $134.40.

Autoliv Company Profile

Autoliv Inc (NYSE: ALV) is a leading global supplier of automotive safety systems, specializing in the design, development and manufacture of passive and active safety products. Its core product portfolio includes airbags, seatbelts, steering wheels, restraint control modules and pedestrian protection systems. In recent years, the company has also expanded into active safety technologies, offering radar, camera and sensor solutions that support advanced driver assistance systems (ADAS) and autonomous driving applications.

Founded in 1997 following the spin-off of Electrolux’s automotive safety business, Autoliv has evolved into a multinational organization with a presence in over 27 countries.