Autoliv, Inc. (NYSE:ALV) CFO Sells $178,839.57 in Stock

Autoliv, Inc. (NYSE:ALV) CFO Fredrik Westin sold 1,803 shares of the firm’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 transaction of $178,839.57. Following the sale, the chief financial officer now directly 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 sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Autoliv Trading Up 0.8 %

NYSE:ALV opened at $97.38 on Friday. Autoliv, Inc. has a one year low of $89.51 and a one year high of $129.38. The business has a fifty day moving average price of $96.25 and a 200-day moving average price of $96.63. The firm has a market capitalization of $7.57 billion, a price-to-earnings 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 current ratio of 0.96 and a quick ratio of 0.71.

Autoliv (NYSE:ALV) last issued its quarterly 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 return on equity of 28.62% and a net margin of 6.21%. Sell-side analysts forecast that Autoliv, Inc. will post 9.51 EPS for the current year.

Autoliv Dividend Announcement

The company also recently announced 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 of this dividend is Friday, March 7th. Autoliv’s payout ratio is 34.70%.

Analyst Upgrades and Downgrades

ALV has been the subject of a number of research analyst reports. StockNews.com lowered Autoliv from a “buy” rating to a “hold” rating in a report on Tuesday, February 25th. Daiwa America upgraded Autoliv from a “hold” rating to a “strong-buy” rating in a report on Tuesday, January 7th. Pareto Securities cut shares of Autoliv to a “hold” rating in a research note on Monday, February 3rd. Mizuho reduced their price target on shares of Autoliv from $115.00 to $112.00 and set an “outperform” rating for the company in a research note on Monday, February 3rd. Finally, Hsbc Global Res cut shares of Autoliv from a “strong-buy” rating to a “hold” rating in a report on Tuesday, February 4th. Ten research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Autoliv has an average rating of “Moderate Buy” and a consensus target price of $117.23.

Hedge Funds Weigh In On Autoliv

Several large investors have recently added to or reduced their stakes in ALV. Legend Financial Advisors Inc. raised its position in shares of Autoliv by 1.8% during the 4th quarter. Legend Financial Advisors Inc. now owns 6,344 shares of the auto parts company’s stock valued at $595,000 after purchasing an additional 115 shares during the period. CIBC Asset Management Inc boosted its holdings in Autoliv by 5.2% in the 4th quarter. CIBC Asset Management Inc now owns 2,501 shares of the auto parts company’s stock worth $235,000 after buying an additional 124 shares during the period. Quantinno Capital Management LP increased its stake in Autoliv by 0.6% in the 3rd quarter. Quantinno Capital Management LP now owns 23,456 shares of the auto parts company’s stock worth $2,190,000 after buying an additional 130 shares in the last quarter. US Bancorp DE raised its holdings in Autoliv by 3.5% during the fourth quarter. US Bancorp DE now owns 3,820 shares of the auto parts company’s stock valued at $358,000 after acquiring an additional 130 shares during the period. Finally, AlphaQuest LLC lifted its position in shares of Autoliv by 74.4% in the fourth quarter. AlphaQuest LLC now owns 314 shares of the auto parts company’s stock valued at $29,000 after acquiring an additional 134 shares in the last quarter. Hedge funds and other 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.