Autoliv (NYSE:ALV) Director Jan Carlson Sells 19,607 Shares

Autoliv, Inc. (NYSE:ALV) Director Jan Carlson sold 19,607 shares of the stock in a transaction that occurred on Friday, June 12th. The stock was sold at an average price of $130.00, for a total value of $2,548,910.00. Following the sale, the director owned 60,000 shares in the company, valued at approximately $7,800,000. This trade represents a 24.63% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Autoliv Price Performance

NYSE ALV traded down $1.01 during trading hours on Monday, reaching $127.52. 217,352 shares of the company’s stock were exchanged, compared to its average volume of 776,521. The stock has a market cap of $9.55 billion, a PE ratio of 13.73, a price-to-earnings-growth ratio of 0.86 and a beta of 1.33. Autoliv, Inc. has a one year low of $99.16 and a one year high of $132.17. The firm has a fifty day moving average of $119.04 and a 200-day moving average of $118.64. The company has a current ratio of 1.08, a quick ratio of 0.82 and a debt-to-equity ratio of 0.64.

Autoliv (NYSE:ALV) last released its quarterly earnings results on Saturday, April 18th. The auto parts company reported $2.05 EPS for the quarter, topping analysts’ consensus estimates of $1.84 by $0.21. The business had revenue of $2.75 billion for the quarter, compared to analyst estimates of $2.61 billion. Autoliv had a return on equity of 29.03% and a net margin of 6.45%.Autoliv’s revenue for the quarter was up 6.8% on a year-over-year basis. During the same period in the prior year, the company earned $2.15 EPS. On average, equities research analysts predict that Autoliv, Inc. will post 10.53 earnings per share for the current fiscal year.

Autoliv Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, June 8th. Investors of record on Wednesday, May 20th were given a dividend of $0.87 per share. The ex-dividend date was Wednesday, May 20th. This represents a $3.48 dividend on an annualized basis and a yield of 2.7%. Autoliv’s dividend payout ratio is 37.42%.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on the company. Wall Street Zen lowered Autoliv from a “buy” rating to a “hold” rating in a research report on Sunday, May 17th. Royal Bank Of Canada increased their price objective on Autoliv from $137.00 to $138.00 and gave the company an “outperform” rating in a research report on Monday, April 20th. Wells Fargo & Company set a $116.00 price objective on Autoliv in a research report on Monday, April 20th. Bank of America started coverage on Autoliv in a research report on Thursday, April 16th. They issued a “buy” rating and a $140.00 price objective on the stock. Finally, TD Cowen lowered their price target on shares of Autoliv from $150.00 to $147.00 and set a “buy” rating for the company in a research report on Wednesday, April 15th. Seven equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $134.87.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in ALV. Integrated Wealth Concepts LLC acquired a new position in shares of Autoliv in the 1st quarter valued at $412,000. NewEdge Advisors LLC lifted its stake in shares of Autoliv by 11.2% in the 1st quarter. NewEdge Advisors LLC now owns 3,242 shares of the auto parts company’s stock valued at $287,000 after purchasing an additional 326 shares during the period. Jones Financial Companies Lllp lifted its stake in shares of Autoliv by 3,361.1% in the 1st quarter. Jones Financial Companies Lllp now owns 10,591 shares of the auto parts company’s stock valued at $937,000 after purchasing an additional 10,285 shares during the period. Goldman Sachs Group Inc. lifted its stake in shares of Autoliv by 88.5% in the 1st quarter. Goldman Sachs Group Inc. now owns 191,465 shares of the auto parts company’s stock valued at $16,935,000 after purchasing an additional 89,918 shares during the period. Finally, Cetera Investment Advisers lifted its stake in shares of Autoliv by 5.1% in the 2nd quarter. Cetera Investment Advisers now owns 5,497 shares of the auto parts company’s stock valued at $615,000 after purchasing an additional 268 shares during the period. Institutional investors and hedge funds own 69.57% of the company’s stock.

Autoliv Company Profile

Autoliv Inc (NYSE: ALV) is a leading global supplier of automotive safety systems, specializing in the design, development and manufacture of passive and active safety products. Its core product portfolio includes airbags, seatbelts, steering wheels, restraint control modules and pedestrian protection systems. In recent years, the company has also expanded into active safety technologies, offering radar, camera and sensor solutions that support advanced driver assistance systems (ADAS) and autonomous driving applications.

Founded in 1997 following the spin-off of Electrolux’s automotive safety business, Autoliv has evolved into a multinational organization with a presence in over 27 countries.