Autoliv, Inc. (NYSE:ALV) Insider Magnus Jarlegren Sells 1,289 Shares

Autoliv, Inc. (NYSE:ALV) insider Magnus Jarlegren sold 1,289 shares of the firm’s stock in a transaction dated Tuesday, February 25th. The stock was sold at an average price of $98.83, for a total transaction of $127,391.87. Following the transaction, the insider now directly owns 6,142 shares of the company’s stock, valued at $607,013.86. The trade was a 17.35 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Autoliv Trading Up 0.8 %

Shares of NYSE ALV opened at $97.38 on Friday. 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 $7.57 billion, a PE ratio of 12.07, a P/E/G ratio of 0.73 and a beta of 1.58. 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 50-day moving average of $96.14 and a two-hundred day moving average of $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, topping 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%. As a group, equities analysts expect that Autoliv, Inc. will post 9.51 earnings per share for the current fiscal year.

Autoliv Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, March 24th. Shareholders of record on Friday, March 7th will be paid a $0.70 dividend. This represents a $2.80 dividend on an annualized basis and a dividend yield of 2.88%. The ex-dividend date is Friday, March 7th. Autoliv’s dividend payout ratio is presently 34.70%.

Hedge Funds Weigh In On Autoliv

A number of institutional investors have recently modified their holdings of the stock. FMR LLC raised 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 last quarter. Swedbank AB grew its position in shares of Autoliv by 8.7% during the 3rd quarter. Swedbank AB now owns 2,567,281 shares of the auto parts company’s stock worth $239,707,000 after buying an additional 205,241 shares during the period. FIL Ltd grew its position in shares of Autoliv by 17.3% during the 4th quarter. FIL Ltd now owns 2,382,265 shares of the auto parts company’s stock worth $223,433,000 after buying an additional 351,876 shares during the period. Dimensional Fund Advisors LP grew its position in shares of 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 worth $152,275,000 after buying an additional 134,347 shares during the period. Finally, Mondrian Investment Partners LTD grew its position 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 buying an additional 59,592 shares during the period. 69.57% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on ALV shares. Wells Fargo & Company reduced their price objective on shares of Autoliv from $101.00 to $97.00 and set an “equal weight” rating for the company in a report on Monday, December 16th. Hsbc Global Res downgraded shares of Autoliv from a “strong-buy” rating to a “hold” rating in a report on Tuesday, February 4th. HSBC downgraded shares of Autoliv from a “buy” rating to a “hold” rating and reduced their price objective for the stock from $109.00 to $100.00 in a report on Tuesday, February 4th. Daiwa America raised shares of Autoliv from a “hold” rating to a “strong-buy” rating in a report on Tuesday, January 7th. Finally, StockNews.com downgraded shares of Autoliv from a “buy” rating to a “hold” rating in a report on Tuesday. Ten analysts have rated the stock with a hold rating, seven have given a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $117.23.

Autoliv Company Profile

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.