Autoliv, Inc. (NYSE:ALV) EVP Per Jonas Jademyr Sells 401 Shares of Stock

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

Autoliv Price Performance

Shares of NYSE 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 stock has a market capitalization of $7.52 billion, a P/E ratio of 11.99, a P/E/G ratio of 0.73 and a beta of 1.58. The company’s 50-day moving average is $96.14 and its 200 day moving average is $96.62. 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 (NYSE:ALV) last posted 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 return on equity of 28.62% and a net margin of 6.21%. On average, sell-side analysts expect that Autoliv, Inc. will post 9.51 earnings per share for the current year.

Autoliv Dividend Announcement

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

Hedge Funds Weigh In On Autoliv

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. UMB Bank n.a. grew its position in shares of Autoliv by 139.5% in the 4th quarter. UMB Bank n.a. now owns 273 shares of the auto parts company’s stock worth $26,000 after buying an additional 159 shares during the period. AlphaQuest LLC grew its holdings in Autoliv by 74.4% in the fourth quarter. AlphaQuest LLC now owns 314 shares of the auto parts company’s stock worth $29,000 after purchasing an additional 134 shares during the period. Fred Alger Management LLC bought a new position in shares of Autoliv during the third quarter valued at approximately $45,000. Twin Tree Management LP bought a new position in shares of Autoliv during the fourth quarter valued at approximately $50,000. Finally, Physician Wealth Advisors Inc. purchased a new position in shares of Autoliv during the fourth quarter valued at approximately $57,000. Hedge funds and other institutional investors own 69.57% of the company’s stock.

Analysts Set New Price Targets

ALV has been the topic of a number of recent research reports. HSBC cut Autoliv from a “buy” rating to a “hold” rating and reduced their price objective for the company from $109.00 to $100.00 in a research note on Tuesday, February 4th. Wells Fargo & Company reduced their price target on Autoliv from $101.00 to $97.00 and set an “equal weight” rating on the stock in a research report on Monday, December 16th. Daiwa America raised Autoliv from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, January 7th. StockNews.com lowered Autoliv from a “buy” rating to a “hold” rating in a research note on Tuesday. Finally, Hsbc Global Res downgraded shares of Autoliv from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, February 4th. Ten analysts have rated the stock with a hold rating, seven have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target 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.