Fredrik Westin Sells 1,803 Shares of Autoliv, Inc. (NYSE:ALV) Stock

Autoliv, Inc. (NYSE:ALV) CFO Fredrik Westin sold 1,803 shares of the business’s stock in a transaction that occurred on Tuesday, February 25th. The shares were sold at an average price of $99.19, for a total value of $178,839.57. Following the completion of the sale, 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 ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Autoliv Stock Performance

NYSE ALV opened at $97.38 on Friday. The stock’s fifty day moving average is $96.14 and its two-hundred day moving average is $96.62. The firm has a market capitalization of $7.57 billion, a P/E ratio of 12.07, a price-to-earnings-growth ratio of 0.73 and a beta of 1.58. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.71 and a current ratio of 0.96. Autoliv, Inc. has a fifty-two week low of $89.51 and a fifty-two week high of $129.38.

Autoliv (NYSE:ALV) last released its quarterly earnings data on Friday, January 31st. The auto parts company reported $3.05 earnings per share for the quarter, topping 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%. On average, research analysts anticipate that Autoliv, Inc. will post 9.51 earnings per share for the current year.

Autoliv Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 24th. Shareholders of record on Friday, March 7th will be paid a dividend of $0.70 per share. This represents a $2.80 dividend on an annualized basis and a yield of 2.88%. The ex-dividend date is Friday, March 7th. Autoliv’s dividend payout ratio (DPR) is currently 34.70%.

Hedge Funds Weigh In On Autoliv

A number of institutional investors and hedge funds have recently added to or reduced their stakes in ALV. FMR LLC boosted its stake in Autoliv by 9.9% during the fourth quarter. FMR LLC now owns 7,146,500 shares of the auto parts company’s stock worth $670,270,000 after buying an additional 641,895 shares during the last quarter. Norges Bank purchased a new stake in Autoliv in the fourth quarter valued at $36,761,000. FIL Ltd raised its position in Autoliv by 17.3% in the fourth quarter. FIL Ltd now owns 2,382,265 shares of the auto parts company’s stock valued at $223,433,000 after purchasing an additional 351,876 shares during the period. Massachusetts Financial Services Co. MA raised 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 purchasing an additional 284,002 shares during the period. Finally, Balyasny Asset Management L.P. purchased a new stake in Autoliv in the fourth quarter valued at $25,749,000. Institutional investors and hedge funds own 69.57% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on ALV shares. HSBC cut Autoliv from a “buy” rating to a “hold” rating and cut their price objective for the company from $109.00 to $100.00 in a research report on Tuesday, February 4th. StockNews.com cut Autoliv from a “buy” rating to a “hold” rating in a research report on Tuesday. Hsbc Global Res cut Autoliv from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, February 4th. Daiwa Capital Markets upgraded Autoliv from a “neutral” rating to an “outperform” rating and set a $109.00 price objective for the company in a research report on Tuesday, January 7th. Finally, Mizuho cut their price objective on Autoliv from $115.00 to $112.00 and set an “outperform” rating for the company in a research report on Monday, February 3rd. Ten analysts have rated the stock with a hold rating, seven have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, Autoliv presently has a consensus rating of “Moderate Buy” and a consensus price target 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.