Autoliv (NYSE:ALV) Stock Rating Upgraded by StockNews.com

StockNews.com upgraded shares of Autoliv (NYSE:ALV - Free Report) from a hold rating to a buy rating in a research report sent to investors on Wednesday.

A number of other equities research analysts also recently issued reports on ALV. Daiwa Capital Markets raised shares of Autoliv from a "neutral" rating to an "outperform" rating and set a $109.00 price target on the stock in a research note on Tuesday, January 7th. HSBC downgraded shares of Autoliv from a "buy" rating to a "hold" rating and reduced their price target for the company from $109.00 to $100.00 in a research note on Tuesday, February 4th. Wells Fargo & Company reduced their price target on shares of Autoliv from $101.00 to $97.00 and set an "equal weight" rating on the stock in a research note on Monday, December 16th. 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, Daiwa America raised shares of Autoliv from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, January 7th. Nine investment analysts have rated the stock with a hold rating, nine have given a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $117.14.

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Autoliv Trading Up 0.2 %

ALV stock traded up $0.17 during trading on Wednesday, reaching $97.45. 822,663 shares of the stock were exchanged, compared to its average volume of 720,683. The company has a current ratio of 0.96, a quick ratio of 0.71 and a debt-to-equity ratio of 0.67. The business has a 50 day moving average price of $96.45 and a 200-day moving average price of $96.56. Autoliv has a 1 year low of $89.51 and a 1 year high of $129.38. The firm has a market capitalization of $7.57 billion, a price-to-earnings ratio of 12.08, a P/E/G ratio of 0.73 and a beta of 1.58.

Autoliv (NYSE:ALV - Get Free Report) last issued its earnings results on Friday, January 31st. The auto parts company reported $3.05 EPS for the quarter, topping analysts' consensus estimates of $2.84 by $0.21. Autoliv had a net margin of 6.21% and a return on equity of 28.62%. On average, research analysts predict that Autoliv will post 9.51 earnings per share for the current year.

Autoliv Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 24th. Shareholders of record on Friday, March 7th will be issued a dividend of $0.70 per share. This represents a $2.80 annualized dividend and a yield of 2.87%. The ex-dividend date of this dividend is Friday, March 7th. Autoliv's dividend payout ratio (DPR) is presently 34.70%.

Insiders Place Their Bets

In other Autoliv news, CEO Mikael Bratt sold 5,760 shares of the business's stock in a transaction that occurred on Tuesday, February 25th. The shares were sold at an average price of $98.90, for a total transaction of $569,664.00. Following the completion of the transaction, the chief executive officer now owns 23,307 shares in the company, valued at $2,305,062.30. The trade was a 19.82 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Magnus Jarlegren sold 1,289 shares of the business's stock in a transaction that occurred 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 transaction, the insider now owns 6,142 shares of the company's stock, valued at $607,013.86. This trade represents a 17.35 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 9,253 shares of company stock worth $915,534 in the last 90 days. Corporate insiders own 0.20% of the company's stock.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of ALV. FMR LLC boosted its holdings in shares of Autoliv by 9.9% in the 4th 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 in the last quarter. Norges Bank acquired a new position in shares of Autoliv in the 4th quarter valued at $36,761,000. FIL Ltd boosted its holdings in shares of 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 boosted its holdings in shares of Autoliv by 67.9% in the 4th quarter. Massachusetts Financial Services Co. MA now owns 701,994 shares of the auto parts company's stock valued at $65,840,000 after buying an additional 284,002 shares in the last quarter. Finally, Balyasny Asset Management L.P. acquired a new position in shares of Autoliv in the 4th quarter valued at $25,749,000. Institutional investors and hedge funds own 69.57% of the company's stock.

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.