Autoliv, Inc. (NYSE:ALV) CEO Mikael Bratt Sells 5,760 Shares

Autoliv, Inc. (NYSE:ALV) CEO Mikael Bratt sold 5,760 shares of the business’s stock in a transaction that occurred on Tuesday, February 25th. The shares were sold at an average price of $98.90, for a total transaction of $569,664.00. Following the completion of the sale, the chief executive officer now owns 23,307 shares of the company’s stock, valued at approximately $2,305,062.30. The trade was a 19.82 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.

Autoliv Trading Down 1.4 %

ALV opened at $96.75 on Friday. The stock has a market capitalization of $7.52 billion, a PE ratio of 11.99, a P/E/G ratio of 0.73 and a beta of 1.58. The firm’s fifty day moving average price is $96.14 and its 200 day moving average price is $96.62. 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, Inc. has a 12-month low of $89.51 and a 12-month high of $129.38.

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

Autoliv Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 24th. Investors of record on Friday, March 7th will be issued a $0.70 dividend. The ex-dividend date of this dividend is Friday, March 7th. This represents a $2.80 annualized dividend and a yield of 2.89%. Autoliv’s dividend payout ratio is presently 34.70%.

Institutional Trading of Autoliv

Several institutional investors have recently added to or reduced their stakes in the business. FMR LLC increased 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 valued at $670,270,000 after purchasing an additional 641,895 shares during the last quarter. Swedbank AB increased its stake in Autoliv by 8.7% during the third quarter. Swedbank AB now owns 2,567,281 shares of the auto parts company’s stock valued at $239,707,000 after purchasing an additional 205,241 shares during the last quarter. FIL Ltd increased its stake in Autoliv by 17.3% during 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 last quarter. Dimensional Fund Advisors LP increased its stake in Autoliv by 9.0% during the fourth quarter. Dimensional Fund Advisors LP now owns 1,623,600 shares of the auto parts company’s stock valued at $152,275,000 after purchasing an additional 134,347 shares during the last quarter. Finally, Mondrian Investment Partners LTD increased its stake in Autoliv by 4.5% during the fourth quarter. Mondrian Investment Partners LTD now owns 1,378,636 shares of the auto parts company’s stock valued at $133,259,000 after purchasing an additional 59,592 shares during the last quarter. Institutional investors own 69.57% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on the stock. HSBC downgraded shares of Autoliv from a “buy” rating to a “hold” rating and lowered their target price for the company from $109.00 to $100.00 in a report on Tuesday, February 4th. Daiwa Capital Markets raised shares of Autoliv from a “neutral” rating to an “outperform” rating and set a $109.00 price target on the stock in a research report on Tuesday, January 7th. Mizuho reduced their price target on shares of Autoliv from $115.00 to $112.00 and set an “outperform” rating on the stock in a research report on Monday, February 3rd. Daiwa America raised shares of Autoliv from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, January 7th. Finally, Pareto Securities cut shares of Autoliv to a “hold” rating in a research report on Monday, February 3rd. Ten equities research 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.com, the stock currently has a consensus 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.