Autoliv, Inc. (NYSE:ALV) Insider Magnus Jarlegren Sells 1,289 Shares

Autoliv, Inc. (NYSE:ALV) insider Magnus Jarlegren sold 1,289 shares of the stock in a transaction dated Tuesday, February 25th. The shares were sold at an average price of $98.83, for a total value of $127,391.87. Following the completion of the sale, the insider now directly owns 6,142 shares in the company, valued at $607,013.86. This represents a 17.35 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

Autoliv Stock Down 1.4 %

Autoliv stock opened at $96.75 on Friday. The company has a market capitalization of $7.52 billion, a P/E ratio of 11.99, a PEG 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 fifty-two week low of $89.51 and a fifty-two week high of $129.38. The stock has a 50-day simple moving average of $96.14 and a 200-day simple moving average of $96.62.

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

Autoliv Dividend Announcement

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

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Jefferies Financial Group Inc. purchased a new stake in shares of Autoliv in the fourth quarter valued at about $2,550,000. Public Employees Retirement System of Ohio purchased a new position in shares of Autoliv during the fourth quarter worth about $165,000. Two Sigma Advisers LP increased its position in Autoliv by 2.5% in the 4th quarter. Two Sigma Advisers LP now owns 44,600 shares of the auto parts company’s stock valued at $4,183,000 after acquiring an additional 1,100 shares during the period. Silvercrest Asset Management Group LLC raised its stake in Autoliv by 1.3% during the 4th quarter. Silvercrest Asset Management Group LLC now owns 61,398 shares of the auto parts company’s stock valued at $5,759,000 after acquiring an additional 800 shares during the last quarter. Finally, Royal Bank of Canada lifted its position in Autoliv by 10.9% during the 4th quarter. Royal Bank of Canada now owns 144,844 shares of the auto parts company’s stock worth $13,584,000 after acquiring an additional 14,180 shares during the period. 69.57% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of analysts recently weighed in on the stock. 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 raised shares of Autoliv from a “neutral” rating to an “outperform” rating and set a $109.00 price objective on the stock in a research report on Tuesday, January 7th. 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. Finally, StockNews.com lowered Autoliv from a “buy” rating to a “hold” rating in a report on Tuesday. Ten investment 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 company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target 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.