Autoliv, Inc. (NYSE:ALV) CEO Sells $569,664.00 in Stock

Autoliv, Inc. (NYSE:ALV) CEO Mikael Bratt sold 5,760 shares of the stock in a transaction on Tuesday, February 25th. The stock was sold at an average price of $98.90, for a total value of $569,664.00. Following the transaction, the chief executive officer now directly owns 23,307 shares in the company, valued at approximately $2,305,062.30. This represents a 19.82 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Autoliv Price Performance

Shares of ALV stock opened at $98.13 on Thursday. Autoliv, Inc. has a twelve month low of $89.51 and a twelve month high of $129.38. The company 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. The company has a current ratio of 0.96, a quick ratio of 0.71 and a debt-to-equity ratio of 0.67. The firm has a fifty day simple moving average of $96.03 and a 200-day simple moving average of $96.62.

Autoliv (NYSE:ALV) last announced its earnings results on Friday, January 31st. The auto parts company reported $3.05 earnings per share (EPS) for the quarter, beating 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%. 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 announced a quarterly dividend, which will be paid on Monday, March 24th. Shareholders of record on Friday, March 7th will be issued a dividend of $0.70 per share. This represents a $2.80 dividend on an annualized basis and a yield of 2.85%. The ex-dividend date is Friday, March 7th. Autoliv’s dividend payout ratio is presently 34.70%.

Analysts Set New Price Targets

Several equities analysts recently weighed in on the company. Wells Fargo & Company reduced their target price on Autoliv from $101.00 to $97.00 and set an “equal weight” rating on the stock in a research report on Monday, December 16th. Pareto Securities lowered shares of Autoliv to a “hold” rating in a report on Monday, February 3rd. Daiwa America upgraded shares of Autoliv from a “hold” rating to a “strong-buy” rating in a report on Tuesday, January 7th. HSBC lowered shares of Autoliv from a “buy” rating to a “hold” rating and decreased their price target for the company from $109.00 to $100.00 in a report on Tuesday, February 4th. Finally, Hsbc Global Res downgraded Autoliv from a “strong-buy” rating to a “hold” rating in a report on Tuesday, February 4th. 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 company’s stock. According to MarketBeat, Autoliv presently has an average rating of “Moderate Buy” and an average target price of $117.23.

Hedge Funds Weigh In On Autoliv

A number of hedge funds have recently added to or reduced their stakes in the business. Public Employees Retirement System of Ohio acquired a new position in Autoliv during the 4th quarter valued at approximately $165,000. Two Sigma Advisers LP raised its stake in shares of Autoliv by 2.5% during 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 grew its position in Autoliv by 1.3% in 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 buying an additional 800 shares in the last quarter. Royal Bank of Canada increased its stake 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 valued at $13,584,000 after buying an additional 14,180 shares during the period. Finally, Raiffeisen Bank International AG acquired a new stake in shares of Autoliv in the 4th quarter worth approximately $155,000. Institutional investors and hedge funds own 69.57% of the company’s stock.

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.