Autoliv, Inc. (NYSE:ALV) CEO Sells $569,664.00 in Stock

Autoliv, Inc. (NYSE:ALV) CEO Mikael Bratt sold 5,760 shares of the firm’s stock in a transaction dated Tuesday, February 25th. The shares were sold at an average price of $98.90, for a total value of $569,664.00. Following the transaction, the chief executive officer now owns 23,307 shares of the company’s stock, valued at $2,305,062.30. This trade represents a 19.82 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

Autoliv Stock Performance

Shares of Autoliv stock opened at $98.13 on Thursday. The firm’s 50 day moving average is $96.03 and its two-hundred day moving average is $96.62. Autoliv, Inc. has a 52 week low of $89.51 and a 52 week high of $129.38. 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 firm has a market capitalization of $7.63 billion, a P/E ratio of 12.16, a P/E/G ratio of 0.73 and a beta of 1.58.

Autoliv (NYSE:ALV) last issued its quarterly earnings data on Friday, January 31st. The auto parts company reported $3.05 earnings per share for the quarter, beating 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%. Research analysts forecast that Autoliv, Inc. will post 9.51 EPS for the current fiscal year.

Autoliv Announces Dividend

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 annualized dividend and a yield of 2.85%. The ex-dividend date is Friday, March 7th. Autoliv’s dividend payout ratio is presently 34.70%.

Institutional Trading of Autoliv

A number of hedge funds have recently added to or reduced their stakes in the stock. Geode Capital Management LLC increased its stake in Autoliv by 10.8% in the 3rd quarter. Geode Capital Management LLC now owns 987,375 shares of the auto parts company’s stock valued at $92,221,000 after buying an additional 95,888 shares during the period. JPMorgan Chase & Co. boosted its holdings in Autoliv by 38.3% during the third quarter. JPMorgan Chase & Co. now owns 276,315 shares of the auto parts company’s stock worth $25,800,000 after buying an additional 76,510 shares in the last quarter. Quantbot Technologies LP grew its holdings in shares of Autoliv by 1,437.4% in the 3rd quarter. Quantbot Technologies LP now owns 51,994 shares of the auto parts company’s stock worth $4,855,000 after acquiring an additional 48,612 shares during the period. HITE Hedge Asset Management LLC raised its stake in shares of Autoliv by 32.9% during the 3rd quarter. HITE Hedge Asset Management LLC now owns 135,424 shares of the auto parts company’s stock worth $12,645,000 after buying an additional 33,490 shares during the last quarter. Finally, ABC Arbitrage SA purchased a new stake in shares of Autoliv in the fourth quarter valued at about $394,000. 69.57% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on the stock. 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. Daiwa America upgraded shares of Autoliv from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, January 7th. Mizuho cut their price objective on Autoliv from $115.00 to $112.00 and set an “outperform” rating on the stock in a research report on Monday, February 3rd. Pareto Securities cut Autoliv to a “hold” rating in a research note on Monday, February 3rd. Finally, Hsbc Global Res lowered Autoliv from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, February 4th. Ten analysts have rated the stock with a hold rating, seven have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $117.23.

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.