2 weeks Ago By ABMN Staff
Autoliv, Inc. ( NYSE:ALV – Get Free Report ) has been assigned an average recommendation of “Moderate Buy” from the nineteen research firms that are currently covering the firm, Marketbeat Ratings reports. Eight investment analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the company.
The average twelve-month price target among analysts that have issued a report on the stock in the last year is $112.64. Several research firms have recently commented on ALV.
Robert W. Baird lowered their target price on Autoliv from $105.00 to $90.
00 and set a “neutral” rating for the company in a report on Tuesday. Pareto Securities downgraded shares of Autoliv to a “hold” rating in a report on Monday, February 3rd. Daiwa Capital Markets raised shares of Autoliv from a “neutral” rating to an “outperform” rating and set a $109.
00 price objective on the stock in a report on Tuesday, January 7th. Daiwa America raised shares of Autoliv from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, January 7th. Finally, Wells Fargo & Company dropped their price target on shares of Autoliv from $84.
00 to $82.00 and set an “equal weight” rating on the stock in a research note on Thursday. Check Out Our Latest Analysis on ALV Autoliv Price Performance Autoliv ( NYSE:ALV – Get Free Report ) last issued its earnings results on Wednesday, April 16th.
The auto parts company reported $2.15 earnings per share for the quarter, topping analysts’ consensus estimates of $1.72 by $0.
43. Autoliv had a net margin of 6.21% and a return on equity of 28.
62%. The company had revenue of $2.58 billion for the quarter, compared to analysts’ expectations of $2.
50 billion. During the same period in the prior year, the company earned $1.58 earnings per share.
As a group, equities research analysts expect that Autoliv will post 9.51 earnings per share for the current year. Autoliv Announces Dividend The firm also recently announced a quarterly dividend, which was paid on Monday, March 24th.
Investors of record on Friday, March 7th were issued a $0.70 dividend. The ex-dividend date was Friday, March 7th.
This represents a $2.80 dividend on an annualized basis and a dividend yield of 3.24%.
Autoliv’s payout ratio is currently 32.22%. Insider Buying and Selling In other Autoliv news, insider Magnus Jarlegren sold 1,289 shares of the firm’s stock in a transaction dated Tuesday, February 25th.
The shares were sold at an average price of $98.83, for a total value of $127,391.87.
Following the completion of the transaction, the insider now directly owns 6,142 shares in the company, valued at $607,013.86. This trade represents a 17.
35 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link . Also, CFO Fredrik Westin sold 1,803 shares of the business’s stock in a transaction that occurred on Tuesday, February 25th.
The shares were sold at an average price of $99.19, for a total transaction of $178,839.57.
Following the sale, the chief financial officer now owns 7,261 shares in the company, valued at $720,218.59. This represents a 19.
89 % decrease in their position. The disclosure for this sale can be found here . Over the last ninety days, insiders sold 9,253 shares of company stock worth $915,534.
Corporate insiders own 0.20% of the company’s stock. Hedge Funds Weigh In On Autoliv Institutional investors and hedge funds have recently added to or reduced their stakes in the company.
JPMorgan Chase & Co. boosted its position in shares of Autoliv by 38.3% in the third quarter.
JPMorgan Chase & Co. now owns 276,315 shares of the auto parts company’s stock worth $25,800,000 after buying an additional 76,510 shares during the period. Geode Capital Management LLC lifted its stake in Autoliv by 10.
8% in the 3rd quarter. Geode Capital Management LLC now owns 987,375 shares of the auto parts company’s stock worth $92,221,000 after acquiring an additional 95,888 shares in the last quarter. Lancaster Investment Management boosted its position in Autoliv by 17.
7% during the 4th quarter. Lancaster Investment Management now owns 568,821 shares of the auto parts company’s stock worth $53,350,000 after acquiring an additional 85,732 shares during the period. ABC Arbitrage SA purchased a new position in Autoliv during the 4th quarter valued at about $394,000.
Finally, Barclays PLC increased its holdings in shares of Autoliv by 41.5% in the 3rd quarter. Barclays PLC now owns 30,216 shares of the auto parts company’s stock valued at $2,821,000 after purchasing an additional 8,859 shares during the period.
69.57% of the stock is currently owned by hedge funds and other institutional investors. Autoliv Company Profile ( Get Free Report 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. Read More Receive News & Ratings for Autoliv Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Autoliv and related companies with MarketBeat.com's FREE daily email newsletter .
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