Autoliv, Inc. (NYSE:ALV) Receives $117.14 Average Price Target from Brokerages

Autoliv, Inc. (NYSE:ALV - Get Free Report) has received an average recommendation of "Moderate Buy" from the nineteen brokerages that are presently covering the stock, Marketbeat reports. Nine research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the company. The average 12-month price target among brokerages that have updated their coverage on the stock in the last year is $117.14.

A number of equities analysts have recently commented on the stock. Daiwa America raised shares of Autoliv from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, January 7th. Hsbc Global Res lowered shares of Autoliv from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, February 4th. Pareto Securities cut shares of Autoliv to a "hold" rating in a report on Monday, February 3rd. Mizuho dropped their price objective on Autoliv from $115.00 to $112.00 and set an "outperform" rating for the company in a research note on Monday, February 3rd. Finally, TD Cowen began coverage on Autoliv in a research note on Friday, March 7th. They issued a "buy" rating and a $116.00 target price on the stock.

Insider Transactions at Autoliv

In other news, CFO Fredrik Westin sold 1,803 shares of the firm'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 value of $178,839.57. Following the transaction, the chief financial officer now owns 7,261 shares in the company, valued at approximately $720,218.59. This trade represents a 19.89 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Magnus Jarlegren sold 1,289 shares of Autoliv stock in a transaction on 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 transaction, the insider now directly owns 6,142 shares in the company, valued at approximately $607,013.86. The trade was a 17.35 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 9,253 shares of company stock worth $915,534. Company insiders own 0.20% of the company's stock.

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Institutional Investors Weigh In On Autoliv

Large investors have recently added to or reduced their stakes in the company. UMB Bank n.a. boosted its holdings in shares of Autoliv by 139.5% during the fourth 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 holdings in Autoliv by 74.4% in the 4th quarter. AlphaQuest LLC now owns 314 shares of the auto parts company's stock worth $29,000 after buying an additional 134 shares during the period. Fred Alger Management LLC bought a new stake in shares of Autoliv in the 3rd quarter worth approximately $45,000. Twin Tree Management LP purchased a new position in shares of Autoliv during the fourth quarter valued at approximately $50,000. Finally, Physician Wealth Advisors Inc. bought a new position in shares of Autoliv during the fourth quarter valued at approximately $57,000. Institutional investors own 69.57% of the company's stock.

Autoliv Stock Performance

Shares of NYSE:ALV traded up $3.20 during trading on Friday, hitting $92.42. 733,919 shares of the company were exchanged, compared to its average volume of 752,977. The company has a market cap of $7.18 billion, a PE ratio of 11.45, a P/E/G ratio of 0.73 and a beta of 1.59. Autoliv has a 52-week low of $87.55 and a 52-week high of $129.38. The company has a debt-to-equity ratio of 0.67, a current ratio of 0.96 and a quick ratio of 0.71. The stock has a 50 day moving average of $95.97 and a 200 day moving average of $95.74.

Autoliv (NYSE:ALV - Get Free Report) last issued its quarterly earnings data on Friday, January 31st. The auto parts company reported $3.05 earnings per share (EPS) for the quarter, topping 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%. As a group, equities research analysts predict that Autoliv will post 9.51 EPS for the current year.

Autoliv Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 24th. Stockholders of record on Friday, March 7th will be paid a dividend of $0.70 per share. The ex-dividend date is Friday, March 7th. This represents a $2.80 dividend on an annualized basis and a dividend yield of 3.03%. Autoliv's dividend payout ratio (DPR) is currently 34.70%.

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.