Autoliv, Inc. (NYSE:ALV) Insider Sells $19,478.00 in Stock

Autoliv, Inc. (NYSE:ALV - Get Free Report) insider Kevin Fox sold 200 shares of the stock in a transaction dated Tuesday, October 22nd. The shares were sold at an average price of $97.39, for a total value of $19,478.00. Following the completion of the sale, the insider now owns 2,657 shares of the company's stock, valued at approximately $258,765.23. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.

Autoliv Stock Performance

ALV stock traded down $0.89 during trading on Wednesday, hitting $96.51. 468,726 shares of the company's stock traded hands, compared to its average volume of 702,099. The stock has a market capitalization of $7.85 billion, a price-to-earnings ratio of 15.06, a price-to-earnings-growth ratio of 0.82 and a beta of 1.60. Autoliv, Inc. has a 52 week low of $89.37 and a 52 week high of $129.38. The stock has a fifty day moving average price of $96.57 and a two-hundred day moving average price of $107.17. The company has a quick ratio of 0.73, a current ratio of 0.98 and a debt-to-equity ratio of 0.67.

Autoliv (NYSE:ALV - Get Free Report) last announced its quarterly earnings data on Friday, October 18th. The auto parts company reported $1.84 earnings per share for the quarter, missing analysts' consensus estimates of $2.00 by ($0.16). Autoliv had a net margin of 5.91% and a return on equity of 30.05%. The business had revenue of $2.56 billion for the quarter, compared to the consensus estimate of $2.52 billion. During the same period in the prior year, the company earned $1.66 EPS. Autoliv's quarterly revenue was down 1.6% on a year-over-year basis. As a group, equities analysts anticipate that Autoliv, Inc. will post 8.44 EPS for the current fiscal year.

Autoliv Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 23rd. Investors of record on Wednesday, September 4th were given a dividend of $0.68 per share. The ex-dividend date of this dividend was Wednesday, September 4th. This represents a $2.72 dividend on an annualized basis and a yield of 2.82%. Autoliv's dividend payout ratio is currently 42.43%.

Institutional Investors Weigh In On Autoliv

Large investors have recently added to or reduced their stakes in the stock. Values First Advisors Inc. grew its position in Autoliv by 16.1% in the 3rd quarter. Values First Advisors Inc. now owns 2,824 shares of the auto parts company's stock worth $264,000 after purchasing an additional 392 shares during the last quarter. Assenagon Asset Management S.A. grew its holdings in Autoliv by 203.8% in the 3rd quarter. Assenagon Asset Management S.A. now owns 106,563 shares of the auto parts company's stock worth $9,950,000 after buying an additional 71,487 shares in the last quarter. Hennion & Walsh Asset Management Inc. increased its position in Autoliv by 82.6% in the 3rd quarter. Hennion & Walsh Asset Management Inc. now owns 4,031 shares of the auto parts company's stock valued at $376,000 after acquiring an additional 1,824 shares during the period. Foundations Investment Advisors LLC bought a new stake in Autoliv during the 3rd quarter valued at $222,000. Finally, New Century Financial Group LLC bought a new stake in Autoliv during the 3rd quarter valued at $940,000. 69.57% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research firms have recently commented on ALV. Robert W. Baird boosted their target price on shares of Autoliv from $103.00 to $108.00 and gave the stock a "neutral" rating in a research report on Monday. Bank of America decreased their price objective on shares of Autoliv from $137.00 to $134.00 and set a "buy" rating for the company in a research report on Thursday, October 3rd. Wolfe Research started coverage on Autoliv in a research report on Thursday, September 5th. They set an "outperform" rating and a $120.00 target price on the stock. Barclays reduced their price target on Autoliv from $115.00 to $110.00 and set an "equal weight" rating for the company in a report on Tuesday, October 15th. Finally, Hsbc Global Res upgraded Autoliv to a "strong-buy" rating in a report on Monday, July 15th. Seven analysts have rated the stock with a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $124.14.

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.