Insider Selling: Autoliv, Inc. (NYSE:ALV) EVP Sells 401 Shares of Stock

Autoliv, Inc. (NYSE:ALV) EVP Per Jonas Jademyr sold 401 shares of the stock in a transaction dated Tuesday, February 25th. The shares were sold at an average price of $98.85, for a total transaction of $39,638.85. Following the sale, the executive vice president now directly owns 685 shares in the company, valued at $67,712.25. This trade represents a 36.92 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.

Autoliv Stock Down 1.4 %

ALV opened at $96.75 on Friday. Autoliv, Inc. has a 1-year low of $89.51 and a 1-year high of $129.38. The firm’s 50 day simple moving average is $96.14 and its two-hundred day simple moving average is $96.62. The company has a current ratio of 0.96, a quick ratio of 0.71 and a debt-to-equity ratio of 0.67. The company has a market capitalization of $7.52 billion, a PE ratio of 11.99, a PEG ratio of 0.73 and a beta of 1.58.

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

Autoliv Announces Dividend

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

Analyst Upgrades and Downgrades

A number of research firms have commented on ALV. Daiwa America raised Autoliv from a “hold” rating to a “strong-buy” rating in a report on Tuesday, January 7th. Mizuho dropped 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. StockNews.com lowered Autoliv from a “buy” rating to a “hold” rating in a research report on Tuesday. 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 report on Tuesday, January 7th. Finally, Hsbc Global Res lowered shares of Autoliv from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, February 4th. Ten research analysts have rated the stock with a hold rating, seven have given a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $117.23.

Institutional Investors Weigh In On Autoliv

Several hedge funds and other institutional investors have recently added to or reduced their stakes in ALV. Jefferies Financial Group Inc. bought a new position in shares of Autoliv in the fourth quarter worth approximately $2,550,000. Public Employees Retirement System of Ohio purchased a new position in shares of Autoliv during the 4th quarter valued at $165,000. Two Sigma Advisers LP boosted its holdings in Autoliv by 2.5% in the 4th quarter. Two Sigma Advisers LP now owns 44,600 shares of the auto parts company’s stock worth $4,183,000 after buying an additional 1,100 shares during the period. Silvercrest Asset Management Group LLC boosted its holdings in Autoliv by 1.3% in the 4th quarter. Silvercrest Asset Management Group LLC now owns 61,398 shares of the auto parts company’s stock worth $5,759,000 after buying an additional 800 shares during the period. Finally, Royal Bank of Canada increased its stake in Autoliv by 10.9% in the 4th quarter. Royal Bank of Canada now owns 144,844 shares of the auto parts company’s stock worth $13,584,000 after buying an additional 14,180 shares in the last quarter. 69.57% of the stock is owned by hedge funds and other institutional investors.

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.