Autoliv, Inc. (NYSE:ALV) Insider Magnus Jarlegren Sells 1,289 Shares

Autoliv, Inc. (NYSE:ALV) insider Magnus Jarlegren sold 1,289 shares of Autoliv stock in a transaction dated 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 directly owns 6,142 shares of the company’s stock, valued at approximately $607,013.86. This represents a 17.35 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Autoliv Stock Performance

Shares of ALV stock opened at $98.13 on Thursday. Autoliv, Inc. has a 52-week low of $89.51 and a 52-week high of $129.38. The stock’s 50-day moving average price is $96.03 and its 200 day moving average price is $96.62. 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 stock has a market capitalization of $7.63 billion, a PE ratio of 12.16, a price-to-earnings-growth ratio of 0.73 and a beta of 1.58.

Autoliv (NYSE:ALV) last released its quarterly earnings results on Friday, January 31st. The auto parts company reported $3.05 EPS for the quarter, topping the consensus estimate of $2.84 by $0.21. Autoliv had a return on equity of 28.62% and a net margin of 6.21%. As a group, equities research analysts forecast that Autoliv, Inc. will post 9.51 EPS for the current year.

Autoliv Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 24th. Shareholders of record on Friday, March 7th will be given a dividend of $0.70 per share. The ex-dividend date is Friday, March 7th. This represents a $2.80 dividend on an annualized basis and a yield of 2.85%. Autoliv’s payout ratio is currently 34.70%.

Institutional Trading of Autoliv

Several hedge funds and other institutional investors have recently made changes to their positions in the company. UMB Bank n.a. lifted its position in Autoliv by 139.5% in the fourth quarter. UMB Bank n.a. now owns 273 shares of the auto parts company’s stock valued at $26,000 after purchasing an additional 159 shares during the period. AlphaQuest LLC raised its stake in shares of Autoliv by 74.4% during the 4th quarter. AlphaQuest LLC now owns 314 shares of the auto parts company’s stock worth $29,000 after buying an additional 134 shares in the last quarter. Fred Alger Management LLC purchased a new position in shares of Autoliv during the 3rd quarter worth approximately $45,000. Twin Tree Management LP acquired a new stake in shares of Autoliv in the 4th quarter valued at approximately $50,000. Finally, Physician Wealth Advisors Inc. purchased a new stake in shares of Autoliv in the fourth quarter valued at approximately $57,000. Hedge funds and other institutional investors own 69.57% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on ALV. Daiwa Capital Markets upgraded shares of Autoliv from a “neutral” rating to an “outperform” rating and set a $109.00 price objective for the company in a report on Tuesday, January 7th. Pareto Securities lowered Autoliv to a “hold” rating in a research report on Monday, February 3rd. Hsbc Global Res lowered Autoliv from a “strong-buy” rating to a “hold” rating in a report on Tuesday, February 4th. Wells Fargo & Company lowered their target price on Autoliv from $101.00 to $97.00 and set an “equal weight” rating for the company in a research note on Monday, December 16th. Finally, Mizuho decreased their price objective on Autoliv from $115.00 to $112.00 and set an “outperform” rating for the company in a research note on Monday, February 3rd. Ten research analysts have rated the stock with a hold rating, seven have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, Autoliv has an average rating of “Moderate Buy” and a consensus target price of $117.23.

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.