Autoliv (NYSE:ALV) Given New $125.00 Price Target at Barclays

Autoliv (NYSE:ALV) had its target price hoisted by Barclays from $120.00 to $125.00 in a research note released on Monday morning, Benzinga reports. The brokerage currently has an equal weight rating on the auto parts company’s stock.

ALV has been the subject of a number of other research reports. StockNews.com raised shares of Autoliv from a hold rating to a buy rating in a research report on Saturday, January 20th. Robert W. Baird boosted their price objective on shares of Autoliv from $133.00 to $135.00 and gave the company a neutral rating in a report on Monday. Bank of America increased their target price on shares of Autoliv from $135.00 to $145.00 and gave the stock a buy rating in a research report on Monday. Wells Fargo & Company lifted their price target on shares of Autoliv from $101.00 to $107.00 and gave the company an equal weight rating in a research report on Monday, January 29th. Finally, Mizuho increased their price target on Autoliv from $115.00 to $135.00 and gave the stock a buy rating in a research report on Monday, March 25th. Seven equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat, Autoliv has a consensus rating of Hold and an average price target of $125.90.

Autoliv Price Performance

Autoliv stock opened at $121.24 on Monday. The company has a market capitalization of $9.88 billion, a price-to-earnings ratio of 18.91, a PEG ratio of 0.81 and a beta of 1.72. The company has a current ratio of 1.10, a quick ratio of 0.82 and a debt-to-equity ratio of 0.75. Autoliv has a 12 month low of $79.66 and a 12 month high of $125.91. The stock’s 50 day moving average is $117.94 and its 200-day moving average is $108.27.

Autoliv (NYSE:ALV) last released its quarterly earnings results on Friday, January 26th. The auto parts company reported $3.74 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.37 by $0.37. The business had revenue of $2.75 billion during the quarter, compared to the consensus estimate of $2.75 billion. Autoliv had a return on equity of 29.84% and a net margin of 5.10%. The firm’s quarterly revenue was up 17.8% on a year-over-year basis. During the same period in the previous year, the company posted $1.83 EPS. Equities research analysts expect that Autoliv will post 9.67 EPS for the current year.

Autoliv Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, March 27th. Shareholders of record on Tuesday, March 12th were paid a dividend of $0.68 per share. This represents a $2.72 annualized dividend and a yield of 2.24%. The ex-dividend date was Monday, March 11th. Autoliv’s payout ratio is presently 42.43%.

Insider Buying and Selling at Autoliv

In other news, insider Colin Naughton sold 782 shares of the business’s stock in a transaction on Friday, February 2nd. The stock was sold at an average price of $110.68, for a total transaction of $86,551.76. Following the completion of the transaction, the insider now owns 5,594 shares of the company’s stock, valued at approximately $619,143.92. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. In related news, CEO Mikael Bratt sold 4,226 shares of the company’s stock in a transaction that occurred on Wednesday, February 21st. The shares were sold at an average price of $109.72, for a total transaction of $463,676.72. Following the completion of the transaction, the chief executive officer now directly owns 17,547 shares in the company, valued at approximately $1,925,256.84. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Colin Naughton sold 782 shares of the firm’s stock in a transaction that occurred on Friday, February 2nd. The shares were sold at an average price of $110.68, for a total transaction of $86,551.76. Following the completion of the sale, the insider now owns 5,594 shares in the company, valued at approximately $619,143.92. The disclosure for this sale can be found here. In the last quarter, insiders have sold 8,388 shares of company stock valued at $921,757. 0.24% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. KRS Capital Management LLC boosted its holdings in shares of Autoliv by 3.7% during the 1st quarter. KRS Capital Management LLC now owns 2,788 shares of the auto parts company’s stock valued at $336,000 after acquiring an additional 100 shares in the last quarter. State of Michigan Retirement System boosted its stake in shares of Autoliv by 0.6% during the first quarter. State of Michigan Retirement System now owns 18,100 shares of the auto parts company’s stock valued at $2,180,000 after purchasing an additional 100 shares in the last quarter. Wahed Invest LLC grew its holdings in shares of Autoliv by 8.5% during the third quarter. Wahed Invest LLC now owns 1,339 shares of the auto parts company’s stock worth $129,000 after purchasing an additional 105 shares during the last quarter. Corient Private Wealth LLC grew its holdings in shares of Autoliv by 1.1% during the fourth quarter. Corient Private Wealth LLC now owns 9,490 shares of the auto parts company’s stock worth $1,046,000 after purchasing an additional 107 shares during the last quarter. Finally, Rise Advisors LLC increased its stake in shares of Autoliv by 84.1% in the fourth quarter. Rise Advisors LLC now owns 267 shares of the auto parts company’s stock valued at $29,000 after buying an additional 122 shares during the period. 69.57% of the stock is currently 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.