Autoliv (NYSE:ALV) Reaches New 1-Year Low - Time to Sell?

Autoliv, Inc. (NYSE:ALV - Get Free Report) reached a new 52-week low on Thursday . The stock traded as low as $84.81 and last traded at $85.29, with a volume of 406932 shares. The stock had previously closed at $90.34.

Analysts Set New Price Targets

ALV has been the subject of several recent analyst reports. Daiwa Capital Markets raised Autoliv from a "neutral" rating to an "outperform" rating and set a $109.00 target price for the company in a research report on Tuesday, January 7th. Cowen started coverage on shares of Autoliv in a report on Thursday, March 6th. They set a "buy" rating for the company. TD Cowen began coverage on shares of Autoliv in a research note on Friday, March 7th. They issued a "buy" rating and a $116.00 price objective on the stock. Wells Fargo & Company lowered their price target 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. Finally, Pareto Securities cut Autoliv to a "hold" rating in a research report on Monday, February 3rd. Ten investment 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. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $117.14.

Autoliv Trading Down 3.9 %

The company has a quick ratio of 0.71, a current ratio of 0.96 and a debt-to-equity ratio of 0.67. The company has a 50-day moving average price of $92.77 and a 200-day moving average price of $94.94. The company has a market capitalization of $5.93 billion, a price-to-earnings ratio of 9.49, a P/E/G ratio of 0.73 and a beta of 1.47.

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Autoliv (NYSE:ALV - Get Free Report) last released its earnings results on Friday, January 31st. The auto parts company reported $3.05 earnings per share (EPS) for the quarter, beating 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%. Research analysts predict that Autoliv, Inc. will post 9.51 EPS for the current fiscal year.

Autoliv Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, March 24th. Investors of record on Friday, March 7th were paid a dividend of $0.70 per share. This represents a $2.80 annualized dividend and a yield of 3.65%. The ex-dividend date was Friday, March 7th. Autoliv's payout ratio is currently 34.70%.

Insider Buying and Selling at Autoliv

In other news, CFO Fredrik Westin sold 1,803 shares of Autoliv stock in a transaction that occurred 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 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 document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Magnus Jarlegren sold 1,289 shares of the business's stock in a transaction that occurred on Tuesday, February 25th. The shares were sold at an average price of $98.83, for a total value of $127,391.87. Following the sale, the insider now owns 6,142 shares in the company, valued at approximately $607,013.86. This represents a 17.35 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 9,253 shares of company stock valued at $915,534 in the last ninety days. Company insiders own 0.20% of the company's stock.

Institutional Trading of Autoliv

Institutional investors have recently made changes to their positions in the business. FMR LLC boosted 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 purchasing an additional 641,895 shares in the last quarter. Norges Bank acquired a new stake in Autoliv in the 4th quarter valued at $36,761,000. FIL Ltd boosted its stake in Autoliv by 17.3% in the 4th quarter. FIL Ltd now owns 2,382,265 shares of the auto parts company's stock valued at $223,433,000 after buying an additional 351,876 shares in the last quarter. Massachusetts Financial Services Co. MA grew its position in 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 acquiring an additional 284,002 shares during the period. Finally, Balyasny Asset Management L.P. acquired a new position in Autoliv during the fourth quarter worth $25,749,000. 69.57% of the stock is currently owned by institutional investors and hedge funds.

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.