Autoliv, Inc. (NYSE:ALV) Insider Sells $127,391.87 in Stock

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

Autoliv Price Performance

Shares of ALV opened at $97.38 on Friday. The company has a market capitalization of $7.57 billion, a P/E ratio of 12.07, a price-to-earnings-growth ratio of 0.73 and a beta of 1.58. The company has a quick ratio of 0.71, a current ratio of 0.96 and a debt-to-equity ratio of 0.67. The firm has a 50 day moving average of $96.25 and a 200 day moving average of $96.63. Autoliv, Inc. has a twelve month low of $89.51 and a twelve month high of $129.38.

Autoliv (NYSE:ALV) last announced its quarterly earnings results on Friday, January 31st. The auto parts company reported $3.05 earnings per share 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 anticipate that Autoliv, Inc. will post 9.51 earnings per share for the current fiscal year.

Autoliv Announces Dividend

The company 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 dividend of $0.70 per share. This represents a $2.80 annualized dividend and a dividend yield of 2.88%. The ex-dividend date of this dividend is Friday, March 7th. Autoliv’s dividend payout ratio (DPR) is currently 34.70%.

Institutional Investors Weigh In On Autoliv

A number of large investors have recently added to or reduced their stakes in ALV. FMR LLC grew its position in Autoliv by 9.9% in the 4th quarter. FMR LLC now owns 7,146,500 shares of the auto parts company’s stock worth $670,270,000 after purchasing an additional 641,895 shares during the period. Norges Bank bought a new stake in Autoliv in the 4th quarter worth approximately $36,761,000. FIL Ltd grew its position in Autoliv by 17.3% in the 4th quarter. FIL Ltd now owns 2,382,265 shares of the auto parts company’s stock worth $223,433,000 after purchasing an additional 351,876 shares during the period. Massachusetts Financial Services Co. MA grew its position in Autoliv by 67.9% in the 4th quarter. Massachusetts Financial Services Co. MA now owns 701,994 shares of the auto parts company’s stock worth $65,840,000 after purchasing an additional 284,002 shares during the period. Finally, Balyasny Asset Management L.P. bought a new stake in Autoliv in the 4th quarter worth approximately $25,749,000. Institutional investors own 69.57% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have commented on ALV. Daiwa America upgraded shares of Autoliv from a “hold” rating to a “strong-buy” rating in a report on Tuesday, January 7th. StockNews.com lowered shares of Autoliv from a “buy” rating to a “hold” rating in a report on Tuesday, February 25th. Wells Fargo & Company lowered their price objective 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. Daiwa Capital Markets upgraded shares of Autoliv from a “neutral” rating to an “outperform” rating and set a $109.00 price objective for the company in a report on Tuesday, January 7th. Finally, Mizuho lowered their price objective on shares of Autoliv from $115.00 to $112.00 and set an “outperform” rating for the company in a report on Monday, February 3rd. Ten 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 stock has an average rating of “Moderate Buy” and an average target price of $117.23.

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.