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 firm’s stock in a transaction dated Tuesday, February 25th. The stock was sold at an average price of $99.19, for a total transaction of $178,839.57. Following the completion of the sale, the chief financial officer now directly owns 7,261 shares of the company’s stock, valued at approximately $720,218.59. This represents a 19.89 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link.

Autoliv Trading Down 1.4 %

Shares of NYSE:ALV opened at $96.75 on Friday. 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 1 year low of $89.51 and a 1 year high of $129.38. The company has a market cap of $7.52 billion, a P/E ratio of 11.99, a PEG ratio of 0.73 and a beta of 1.58. The stock’s fifty day moving average price is $96.14 and its 200-day moving average price is $96.62.

Autoliv (NYSE:ALV) last announced its earnings results 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 net margin of 6.21% and a return on equity of 28.62%. Sell-side analysts expect that Autoliv, Inc. will post 9.51 earnings per share for the current year.

Autoliv Announces Dividend

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

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on the stock. StockNews.com downgraded shares of Autoliv from a “buy” rating to a “hold” rating in a research note on Tuesday. HSBC cut 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 research note on Tuesday, February 4th. Daiwa America raised Autoliv from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, January 7th. Wells Fargo & Company reduced their target price on shares of Autoliv from $101.00 to $97.00 and set an “equal weight” rating on the stock in a research report on Monday, December 16th. Finally, Mizuho dropped their price objective on shares of Autoliv from $115.00 to $112.00 and set an “outperform” rating on the stock in a research note on Monday, February 3rd. Ten investment analysts have rated the stock with a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, Autoliv currently has a consensus rating of “Moderate Buy” and a consensus price target of $117.23.

Hedge Funds Weigh In On Autoliv

Large investors have recently added to or reduced their stakes in the company. FMR LLC boosted its stake in shares of Autoliv by 9.9% in the fourth quarter. FMR LLC now owns 7,146,500 shares of the auto parts company’s stock worth $670,270,000 after acquiring an additional 641,895 shares during the period. Swedbank AB increased its holdings in shares of Autoliv by 8.7% in the third quarter. Swedbank AB now owns 2,567,281 shares of the auto parts company’s stock worth $239,707,000 after purchasing an additional 205,241 shares during the last quarter. FIL Ltd boosted 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 buying an additional 351,876 shares during the last quarter. Dimensional Fund Advisors LP grew its holdings in Autoliv by 9.0% during the 4th quarter. Dimensional Fund Advisors LP now owns 1,623,600 shares of the auto parts company’s stock valued at $152,275,000 after buying an additional 134,347 shares in the last quarter. Finally, Mondrian Investment Partners LTD raised its holdings in shares of Autoliv by 4.5% during the 4th quarter. Mondrian Investment Partners LTD now owns 1,378,636 shares of the auto parts company’s stock worth $133,259,000 after acquiring an additional 59,592 shares in the last quarter. Hedge funds and other institutional investors own 69.57% of the company’s stock.

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.