Autoliv, Inc. (NYSE:ALV) CFO Sells $178,839.57 in Stock

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

Autoliv Trading Down 0.9 %

Shares of Autoliv stock opened at $98.13 on Thursday. The stock has a market capitalization of $7.63 billion, a PE ratio of 12.16, a price-to-earnings-growth ratio of 0.73 and a beta of 1.58. Autoliv, Inc. has a 52 week low of $89.51 and a 52 week high of $129.38. The stock has a 50 day moving average price of $96.03 and a two-hundred day moving average price of $96.62. 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 (NYSE:ALV) last issued its earnings results on Friday, January 31st. The auto parts company reported $3.05 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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, equities analysts anticipate that Autoliv, Inc. will post 9.51 earnings per share for the current fiscal year.

Autoliv Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 24th. Investors of record on Friday, March 7th will be issued a $0.70 dividend. The ex-dividend date is Friday, March 7th. This represents a $2.80 dividend on an annualized basis and a dividend yield of 2.85%. Autoliv’s dividend payout ratio is presently 34.70%.

Analysts Set New Price Targets

Several research analysts have issued reports on the stock. Pareto Securities lowered shares of Autoliv to a “hold” rating in a report on Monday, February 3rd. Mizuho lowered 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 lowered shares of Autoliv from a “buy” rating to a “hold” rating in a report on Tuesday. HSBC downgraded Autoliv from a “buy” rating to a “hold” rating and decreased their price target for the stock from $109.00 to $100.00 in a report on Tuesday, February 4th. Finally, Wells Fargo & Company dropped their price objective on Autoliv from $101.00 to $97.00 and set an “equal weight” rating on the stock in a research note on Monday, December 16th. Ten research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $117.23.

Hedge Funds Weigh In On Autoliv

Several large investors have recently added to or reduced their stakes in ALV. Public Employees Retirement System of Ohio bought a new stake in Autoliv during the 4th quarter worth approximately $165,000. Two Sigma Advisers LP lifted its holdings in shares of Autoliv by 2.5% in the fourth quarter. Two Sigma Advisers LP now owns 44,600 shares of the auto parts company’s stock valued at $4,183,000 after purchasing an additional 1,100 shares in the last quarter. Silvercrest Asset Management Group LLC boosted its position in shares of Autoliv by 1.3% during the fourth quarter. Silvercrest Asset Management Group LLC now owns 61,398 shares of the auto parts company’s stock valued at $5,759,000 after buying an additional 800 shares during the last quarter. Royal Bank of Canada grew its holdings in Autoliv by 10.9% during the fourth quarter. Royal Bank of Canada now owns 144,844 shares of the auto parts company’s stock worth $13,584,000 after buying an additional 14,180 shares in the last quarter. Finally, Raiffeisen Bank International AG purchased a new stake in Autoliv in the 4th quarter valued at $155,000. Institutional investors own 69.57% of the company’s stock.

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.