Autoliv (NYSE:ALV) Now Covered by Analysts at TD Cowen

Equities research analysts at TD Cowen initiated coverage on shares of Autoliv (NYSE:ALV) in a report released on Friday,Briefing.com Automated Import reports. The brokerage set a “buy” rating and a $116.00 price target on the auto parts company’s stock. TD Cowen’s price target suggests a potential upside of 19.06% from the stock’s previous close.

ALV has been the topic of several other research reports. Wells Fargo & Company dropped their price objective on shares of Autoliv from $101.00 to $97.00 and set an “equal weight” rating on the stock in a report on Monday, December 16th. Pareto Securities downgraded shares of Autoliv to a “hold” rating in a report on Monday, February 3rd. Hsbc Global Res cut shares of Autoliv from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, February 4th. Daiwa America raised shares of Autoliv from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, January 7th. Finally, Mizuho lowered their target price on shares of Autoliv from $115.00 to $112.00 and set an “outperform” rating on the stock in a research note on Monday, February 3rd. Nine analysts have rated the stock with a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $117.14.

Autoliv Stock Down 0.6 %

Autoliv stock opened at $97.43 on Friday. The firm has a market cap of $7.57 billion, a price-to-earnings ratio of 12.07, a P/E/G ratio of 0.73 and a beta of 1.58. The company has a debt-to-equity ratio of 0.67, a current ratio of 0.96 and a quick ratio of 0.71. Autoliv has a fifty-two week low of $89.51 and a fifty-two week high of $129.38. The firm has a fifty day moving average price of $96.38 and a two-hundred day moving average price of $96.56.

Autoliv (NYSE:ALV) last released its earnings results on Friday, January 31st. The auto parts company reported $3.05 earnings per share for the quarter, topping analysts’ consensus estimates 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, analysts forecast that Autoliv will post 9.51 earnings per share for the current year.

Insider Activity at Autoliv

In related news, CEO Mikael Bratt sold 5,760 shares of the stock in a transaction that occurred on Tuesday, February 25th. The shares were 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 $2,305,062.30. This represents a 19.82 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CFO Fredrik Westin sold 1,803 shares of the company’s stock in a transaction that occurred on Tuesday, February 25th. The shares were sold at an average price of $99.19, for a total transaction of $178,839.57. Following the completion of the sale, the chief financial officer now directly owns 7,261 shares of the company’s stock, valued at $720,218.59. The trade was a 19.89 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 9,253 shares of company stock worth $915,534 over the last ninety days. Company insiders own 0.20% of the company’s stock.

Institutional Investors Weigh In On Autoliv

Several large investors have recently bought and sold shares of the company. UMB Bank n.a. boosted its stake in Autoliv by 139.5% in the 4th quarter. UMB Bank n.a. now owns 273 shares of the auto parts company’s stock worth $26,000 after purchasing an additional 159 shares during the period. AlphaQuest LLC lifted its stake in Autoliv by 74.4% in the 4th quarter. AlphaQuest LLC now owns 314 shares of the auto parts company’s stock valued at $29,000 after acquiring an additional 134 shares in the last quarter. Fred Alger Management LLC bought a new stake in Autoliv in the 3rd quarter valued at approximately $45,000. Twin Tree Management LP bought a new stake in Autoliv in the 4th quarter valued at approximately $50,000. Finally, Physician Wealth Advisors Inc. bought a new stake in shares of Autoliv during the 4th quarter worth approximately $57,000. Institutional investors 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.