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

Autoliv, Inc. (NYSE:ALV - Get Free Report) CFO Fredrik Westin sold 1,803 shares of Autoliv stock in a transaction on Tuesday, February 25th. The stock was 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 owns 7,261 shares of the company's stock, valued at approximately $720,218.59. This trade represents a 19.89 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Autoliv Stock Performance

Shares of Autoliv stock traded up $0.78 during trading on Friday, hitting $97.38. 732,656 shares of the stock were exchanged, compared to its average volume of 759,730. The stock has a market cap of $7.57 billion, a PE ratio of 12.07, a P/E/G ratio of 0.73 and a beta of 1.58. The stock's fifty day moving average is $96.25 and its 200 day moving average is $96.63. Autoliv, Inc. has a 12 month low of $89.51 and a 12 month high of $129.38. 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 - Get Free Report) last posted its quarterly earnings data on Friday, January 31st. The auto parts company reported $3.05 earnings per share for the quarter, topping 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, sell-side analysts anticipate that Autoliv, Inc. will post 9.51 EPS for the current year.

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Autoliv Announces Dividend

The business also recently disclosed 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. This represents a $2.80 annualized dividend and a yield of 2.88%. The ex-dividend date of this dividend is Friday, March 7th. Autoliv's payout ratio is currently 34.70%.

Institutional Investors Weigh In On Autoliv

Several institutional investors have recently bought and sold shares of the stock. Legend Financial Advisors Inc. lifted its holdings in Autoliv by 1.8% in the fourth quarter. Legend Financial Advisors Inc. now owns 6,344 shares of the auto parts company's stock worth $595,000 after purchasing an additional 115 shares during the period. CIBC Asset Management Inc lifted its holdings in Autoliv by 5.2% in the 4th quarter. CIBC Asset Management Inc now owns 2,501 shares of the auto parts company's stock valued at $235,000 after acquiring an additional 124 shares during the last quarter. Quantinno Capital Management LP lifted its holdings in Autoliv by 0.6% in the 3rd quarter. Quantinno Capital Management LP now owns 23,456 shares of the auto parts company's stock valued at $2,190,000 after acquiring an additional 130 shares during the last quarter. US Bancorp DE lifted its holdings in Autoliv by 3.5% in the 4th quarter. US Bancorp DE now owns 3,820 shares of the auto parts company's stock valued at $358,000 after acquiring an additional 130 shares during the last quarter. Finally, AlphaQuest LLC lifted its holdings 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 during the last quarter. Institutional investors and hedge funds own 69.57% of the company's stock.

Wall Street Analyst Weigh In

Several analysts have weighed in on ALV shares. Wells Fargo & Company lowered their target price on shares of Autoliv from $101.00 to $97.00 and set an "equal weight" rating for the company in a research note on Monday, December 16th. 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. Pareto Securities lowered shares of Autoliv to a "hold" rating in a research note on Monday, February 3rd. Hsbc Global Res lowered shares of Autoliv from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, February 4th. Finally, StockNews.com lowered shares of Autoliv from a "buy" rating to a "hold" rating in a research note on Tuesday, February 25th. Ten analysts have rated the stock with a hold rating, seven have issued a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat.com, Autoliv currently has a consensus rating of "Moderate Buy" and an average 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.