Autoliv, Inc. (NYSE:ALV) Short Interest Update

Autoliv, Inc. (NYSE:ALV - Get Free Report) was the recipient of a large growth in short interest during the month of March. As of March 31st, there was short interest totalling 2,570,000 shares, a growth of 48.6% from the March 15th total of 1,730,000 shares. Currently, 3.3% of the shares of the stock are short sold. Based on an average daily trading volume, of 918,300 shares, the short-interest ratio is presently 2.8 days.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on the company. Wells Fargo & Company lowered their target price on Autoliv from $84.00 to $82.00 and set an "equal weight" rating for the company in a research note on Thursday, April 17th. HSBC cut Autoliv from a "buy" rating to a "hold" rating and decreased their price target for the stock from $109.00 to $100.00 in a research note on Tuesday, February 4th. Pareto Securities lowered Autoliv to a "hold" rating in a research note on Monday, February 3rd. Hsbc Global Res downgraded shares of Autoliv from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, February 4th. Finally, Robert W. Baird dropped their price target on shares of Autoliv from $105.00 to $90.00 and set a "neutral" rating for the company in a research report on Tuesday, April 15th. Seven equities research analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $112.00.

Insider Transactions at Autoliv

In related news, EVP Per Jonas Jademyr sold 401 shares of the stock in a transaction on Tuesday, February 25th. The shares were sold at an average price of $98.85, for a total transaction of $39,638.85. Following the transaction, the executive vice president now owns 685 shares of the company's stock, valued at approximately $67,712.25. This trade represents a 36.92 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Mikael Bratt sold 5,760 shares of the business's stock in a transaction on Tuesday, February 25th. The stock was sold at an average price of $98.90, for a total transaction of $569,664.00. Following the completion of the sale, the chief executive officer now directly owns 23,307 shares of the company's stock, valued at $2,305,062.30. This represents a 19.82 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 9,253 shares of company stock valued at $915,534 in the last quarter. Insiders own 0.30% of the company's stock.

Institutional Investors Weigh In On Autoliv

Hedge funds and other institutional investors have recently made changes to their positions in the business. FMR LLC increased its holdings in Autoliv by 9.9% during the fourth quarter. FMR LLC now owns 7,146,500 shares of the auto parts company's stock valued at $670,270,000 after buying an additional 641,895 shares during the last quarter. FIL Ltd increased its position in Autoliv by 17.3% in the fourth quarter. FIL Ltd now owns 2,382,265 shares of the auto parts company's stock worth $223,433,000 after buying an additional 351,876 shares in the last quarter. Dimensional Fund Advisors LP lifted its position in shares of Autoliv by 9.0% during the 4th quarter. Dimensional Fund Advisors LP now owns 1,623,600 shares of the auto parts company's stock valued at $152,275,000 after buying an additional 134,347 shares in the last quarter. Mondrian Investment Partners LTD grew its stake in shares of Autoliv by 4.5% during the 4th quarter. Mondrian Investment Partners LTD now owns 1,378,636 shares of the auto parts company's stock valued at $133,259,000 after acquiring an additional 59,592 shares during the period. Finally, Wellington Management Group LLP increased its holdings in Autoliv by 12.5% in the 4th quarter. Wellington Management Group LLP now owns 1,023,937 shares of the auto parts company's stock worth $96,035,000 after acquiring an additional 113,500 shares in the last quarter. Hedge funds and other institutional investors own 69.57% of the company's stock.

Autoliv Stock Up 2.0 %

Shares of NYSE ALV traded up $1.81 on Wednesday, reaching $90.20. 368,926 shares of the company's stock traded hands, compared to its average volume of 819,457. The business's 50 day simple moving average is $90.46 and its two-hundred day simple moving average is $94.24. The company has a market cap of $6.97 billion, a price-to-earnings ratio of 11.18, a price-to-earnings-growth ratio of 0.73 and a beta of 1.47. Autoliv has a 12 month low of $75.49 and a 12 month high of $129.38. The company has a quick ratio of 0.71, a current ratio of 0.96 and a debt-to-equity ratio of 0.67.

Autoliv (NYSE:ALV - Get Free Report) last issued its earnings results on Wednesday, April 16th. The auto parts company reported $2.15 EPS for the quarter, beating the consensus estimate of $1.72 by $0.43. Autoliv had a return on equity of 28.62% and a net margin of 6.21%. The business had revenue of $2.58 billion for the quarter, compared to the consensus estimate of $2.50 billion. During the same period last year, the business posted $1.58 EPS. As a group, equities research analysts forecast that Autoliv will post 9.51 EPS for the current fiscal year.

Autoliv Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, March 24th. Shareholders of record on Friday, March 7th were issued a $0.70 dividend. This represents a $2.80 dividend on an annualized basis and a yield of 3.10%. The ex-dividend date was Friday, March 7th. Autoliv's dividend payout ratio is 32.22%.

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.