Autoliv, Inc. (NYSE:ALV – Get Free Report) has been assigned an average recommendation of “Moderate Buy” from the thirteen brokerages that are currently covering the company, MarketBeat Ratings reports. Five investment analysts have rated the stock with a hold recommendation and eight have given a buy recommendation to the company. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is $135.9333.
A number of analysts have issued reports on the company. Robert W. Baird raised their target price on Autoliv from $119.00 to $130.00 and gave the stock a “neutral” rating in a research report on Monday, April 20th. TD Cowen dropped their price target on Autoliv from $150.00 to $147.00 and set a “buy” rating on the stock in a research report on Wednesday, April 15th. Weiss Ratings upgraded Autoliv from a “buy (b-)” rating to a “buy (b)” rating in a research note on Monday, July 6th. Royal Bank Of Canada lifted their price objective on Autoliv from $138.00 to $148.00 and gave the stock an “outperform” rating in a report on Monday. Finally, UBS Group boosted their price objective on Autoliv from $110.00 to $122.00 and gave the company a “neutral” rating in a research note on Monday, June 15th.
Check Out Our Latest Report on Autoliv
Autoliv Trading Up 1.2%
Autoliv (NYSE:ALV – Get Free Report) last posted 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. Autoliv had a net margin of 6.45% and a return on equity of 29.03%. The company had revenue of $2.75 billion for the quarter, compared to analysts’ expectations of $2.61 billion. During the same quarter in the previous year, the firm posted $2.15 EPS. Autoliv’s revenue was up 6.8% on a year-over-year basis. Sell-side analysts anticipate that Autoliv will post 10.52 earnings per share for the current year.
Autoliv Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Monday, June 8th. Stockholders of record on Wednesday, May 20th were paid a $0.87 dividend. The ex-dividend date was Wednesday, May 20th. This represents a $3.48 annualized dividend and a dividend yield of 2.8%. Autoliv’s dividend payout ratio (DPR) is presently 37.42%.
Insider Activity
In related news, Director Jan Carlson sold 19,607 shares of the company’s stock in a transaction that occurred on Friday, June 12th. The shares were sold at an average price of $130.00, for a total transaction of $2,548,910.00. Following the sale, the director directly owned 60,000 shares in the company, valued at approximately $7,800,000. This represents a 24.63% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 0.34% of the stock is currently owned by company insiders.
Institutional Inflows and Outflows
A number of hedge funds have recently bought and sold shares of ALV. Torren Management LLC purchased a new stake in shares of Autoliv during the fourth quarter worth $25,000. IFP Advisors Inc grew its position in shares of Autoliv by 110.3% in the third quarter. IFP Advisors Inc now owns 204 shares of the auto parts company’s stock valued at $25,000 after purchasing an additional 107 shares in the last quarter. Parkside Financial Bank & Trust grew its position in shares of Autoliv by 863.6% in the fourth quarter. Parkside Financial Bank & Trust now owns 212 shares of the auto parts company’s stock valued at $25,000 after purchasing an additional 190 shares in the last quarter. Quarry LP bought a new stake in shares of Autoliv during the 3rd quarter valued at $36,000. Finally, Johnson Financial Group Inc. bought a new stake in shares of Autoliv during the 3rd quarter valued at $37,000. 69.57% of the stock is currently owned by hedge funds and other institutional investors.
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.
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