Autoliv, Inc. (NYSE:ALV) Insider Magnus Jarlegren Sells 1,289 Shares

Autoliv, Inc. (NYSE:ALV - Get Free Report) insider Magnus Jarlegren sold 1,289 shares of the company's stock in a transaction dated Tuesday, February 25th. The shares were sold at an average price of $98.83, for a total transaction of $127,391.87. Following the sale, the insider now directly owns 6,142 shares of the company's stock, valued at $607,013.86. This represents a 17.35 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link.

Autoliv Stock Up 0.8 %

ALV traded up $0.78 during midday trading on Friday, hitting $97.38. 732,656 shares of the company's stock traded hands, compared to its average volume of 759,730. The company has a market cap of $7.57 billion, a PE ratio of 12.07, a price-to-earnings-growth ratio of 0.73 and a beta of 1.58. The stock's fifty day simple moving average is $96.25 and its 200-day simple moving average is $96.63. 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, Inc. has a one year low of $89.51 and a one year high of $129.38.

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 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 analysts anticipate that Autoliv, Inc. will post 9.51 earnings per share for the current fiscal year.

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Autoliv Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 24th. Stockholders of record on Friday, March 7th will be given a $0.70 dividend. This represents a $2.80 dividend on an annualized basis and a dividend yield of 2.88%. The ex-dividend date of this dividend is Friday, March 7th. Autoliv's dividend payout ratio is 34.70%.

Hedge Funds Weigh In On Autoliv

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

Wall Street Analysts Forecast Growth

A number of research firms have commented on ALV. Wells Fargo & Company reduced their price objective 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. StockNews.com downgraded Autoliv from a "buy" rating to a "hold" rating in a report on Tuesday, February 25th. HSBC downgraded Autoliv from a "buy" rating to a "hold" rating and dropped their target price for the company from $109.00 to $100.00 in a report on Tuesday, February 4th. Pareto Securities downgraded Autoliv to a "hold" rating in a report on Monday, February 3rd. Finally, Daiwa Capital Markets upgraded Autoliv from a "neutral" rating to an "outperform" rating and set a $109.00 target price on the stock in a report on Tuesday, January 7th. Ten equities research analysts have rated the stock with a hold rating, seven have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, Autoliv currently has an average 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.