Insider Selling: Autoliv, Inc. (NYSE:ALV) EVP Sells $39,638.85 in Stock

Autoliv, Inc. (NYSE:ALV) EVP Per Jonas Jademyr sold 401 shares of the stock in a transaction on Tuesday, February 25th. The shares were sold at an average price of $98.85, for a total value of $39,638.85. Following the transaction, the executive vice president now directly owns 685 shares of the company’s stock, valued at approximately $67,712.25. The trade was a 36.92 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link.

Autoliv Price Performance

Shares of NYSE:ALV opened at $97.38 on Friday. The company has a current ratio of 0.96, a quick ratio of 0.71 and a debt-to-equity ratio of 0.67. Autoliv, Inc. has a 1 year low of $89.51 and a 1 year high of $129.38. The business has a fifty day simple moving average of $96.25 and a 200 day simple moving average of $96.63. The firm has a market cap of $7.57 billion, a price-to-earnings ratio of 12.07, a P/E/G ratio of 0.73 and a beta of 1.58.

Autoliv (NYSE:ALV) last announced its quarterly earnings data on Friday, January 31st. The auto parts company reported $3.05 earnings per share (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, sell-side analysts predict that Autoliv, Inc. will post 9.51 earnings per share for the current fiscal year.

Autoliv Announces Dividend

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

Analyst Ratings Changes

ALV has been the subject of a number of research reports. Pareto Securities lowered Autoliv to a “hold” rating in a research note on Monday, February 3rd. HSBC downgraded 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. Daiwa America upgraded Autoliv from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, January 7th. 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, Hsbc Global Res downgraded 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 assigned a strong buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $117.23.

Hedge Funds Weigh In On Autoliv

Hedge funds have recently bought and sold shares of the business. UMB Bank n.a. increased its position in Autoliv by 139.5% during the fourth quarter. UMB Bank n.a. now owns 273 shares of the auto parts company’s stock worth $26,000 after buying an additional 159 shares during the last quarter. AlphaQuest LLC increased its position in Autoliv by 74.4% during the fourth quarter. AlphaQuest LLC now owns 314 shares of the auto parts company’s stock worth $29,000 after buying an additional 134 shares during the last quarter. Fred Alger Management LLC acquired a new position in Autoliv during the third quarter worth $45,000. Twin Tree Management LP acquired a new position in Autoliv during the fourth quarter worth $50,000. Finally, Physician Wealth Advisors Inc. acquired a new position in Autoliv during the fourth quarter worth $57,000. 69.57% of the stock is owned by institutional investors and hedge funds.

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.