Autoliv (NYSE:ALV) Price Target Raised to $105.00 at Barclays

Autoliv (NYSE:ALV - Free Report) had its price objective upped by Barclays from $97.00 to $105.00 in a report published on Monday morning,Benzinga reports. They currently have an overweight rating on the auto parts company's stock.

Several other equities research analysts have also commented on the company. Daiwa America raised Autoliv from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, January 7th. Hsbc Global Res downgraded Autoliv from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, February 4th. HSBC downgraded Autoliv from a "buy" rating to a "hold" rating and cut their price objective for the stock from $109.00 to $100.00 in a research report on Tuesday, February 4th. Cowen began coverage on Autoliv in a report on Thursday, March 6th. They issued a "buy" rating for the company. Finally, Pareto Securities downgraded Autoliv to a "hold" rating in a report on Monday, February 3rd. Seven analysts have rated the stock with a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $112.00.

Autoliv Stock Up 1.9 %

ALV traded up $1.65 during trading hours on Monday, hitting $90.56. 57,768 shares of the company's stock were exchanged, compared to its average volume of 819,861. The company has a current ratio of 0.96, a quick ratio of 0.71 and a debt-to-equity ratio of 0.67. Autoliv has a 12-month low of $75.49 and a 12-month high of $129.38. The firm has a market cap of $7.00 billion, a P/E ratio of 11.22, a price-to-earnings-growth ratio of 0.73 and a beta of 1.47. The firm has a 50 day moving average of $90.28 and a 200 day moving average of $94.20.

Autoliv (NYSE:ALV - Get Free Report) last issued its quarterly earnings data on Wednesday, April 16th. The auto parts company reported $2.15 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.72 by $0.43. The company had revenue of $2.58 billion for the quarter, compared to the consensus estimate of $2.50 billion. Autoliv had a net margin of 6.21% and a return on equity of 28.62%. During the same period last year, the firm posted $1.58 EPS. Analysts predict that Autoliv will post 9.51 EPS for the current fiscal year.

Autoliv Dividend Announcement

The firm also recently declared 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 annualized dividend and a yield of 3.09%. The ex-dividend date was Friday, March 7th. Autoliv's dividend payout ratio (DPR) is presently 32.22%.

Insider Buying and Selling at Autoliv

In other news, insider Magnus Jarlegren sold 1,289 shares of Autoliv 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 completion of the transaction, the insider now 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 transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CFO Fredrik Westin sold 1,803 shares of Autoliv stock in a transaction that occurred on Tuesday, February 25th. The shares were sold at an average price of $99.19, for a total transaction of $178,839.57. Following the completion of the transaction, the chief financial officer now owns 7,261 shares of the company's stock, valued at $720,218.59. This trade represents a 19.89 % decrease in their position. 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 90 days. 0.30% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of the company. FMR LLC raised its stake 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 acquiring an additional 641,895 shares during the last quarter. FIL Ltd raised its holdings in Autoliv by 17.3% during the 4th quarter. FIL Ltd now owns 2,382,265 shares of the auto parts company's stock worth $223,433,000 after purchasing an additional 351,876 shares during the last quarter. Dimensional Fund Advisors LP boosted its stake in shares of Autoliv by 9.0% in 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 purchasing an additional 134,347 shares during the last quarter. Mondrian Investment Partners LTD grew its position 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 worth $133,259,000 after buying an additional 59,592 shares during the period. Finally, Wellington Management Group LLP lifted its holdings in Autoliv by 12.5% in the fourth quarter. Wellington Management Group LLP now owns 1,023,937 shares of the auto parts company's stock valued at $96,035,000 after buying an additional 113,500 shares during the period. Institutional investors own 69.57% of the company's stock.

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.