Autoliv, Inc. (NYSE:ALV) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Shares of Autoliv, Inc. (NYSE:ALV) have earned an average recommendation of “Moderate Buy” from the thirteen research firms that are presently covering the company, MarketBeat.com reports. Five investment analysts have rated the stock with a hold rating and eight have issued a buy rating on the company. The average 1 year price objective among brokerages that have issued ratings on the stock in the last year is $135.9333.

A number of research analysts have weighed in on the stock. Wall Street Zen lowered shares of Autoliv from a “buy” rating to a “hold” rating in a research note on Saturday, July 4th. Jefferies Financial Group raised Autoliv to a “hold” rating in a research note on Monday, June 15th. Wells Fargo & Company upped their target price on Autoliv from $116.00 to $122.00 and gave the company an “equal weight” rating in a report on Thursday, June 25th. TD Cowen cut their target price on Autoliv from $150.00 to $148.00 and set a “buy” rating for the company in a research note on Monday, July 20th. Finally, UBS Group upped their price objective on shares of Autoliv from $110.00 to $122.00 and gave the company a “neutral” rating in a report on Monday, June 15th.

Insider Activity

In other news, Director Jan Carlson sold 19,607 shares of Autoliv 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 owned 60,000 shares of the company’s stock, valued at approximately $7,800,000. The trade was a 24.63% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 0.34% of the stock is owned by corporate insiders.

Institutional Trading of Autoliv

A number of hedge funds and other institutional investors have recently modified their holdings of the business. UMB Bank n.a. increased its position in shares of Autoliv by 11.0% during the fourth quarter. UMB Bank n.a. now owns 825 shares of the auto parts company’s stock valued at $98,000 after acquiring an additional 82 shares during the last quarter. CIBC Private Wealth Group LLC lifted its holdings in shares of Autoliv by 5.2% in the 4th quarter. CIBC Private Wealth Group LLC now owns 1,677 shares of the auto parts company’s stock worth $199,000 after acquiring an additional 83 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its position in shares of Autoliv by 21.6% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 552 shares of the auto parts company’s stock worth $66,000 after purchasing an additional 98 shares during the period. Fifth Third Wealth Advisors LLC boosted its position in shares of Autoliv by 5.1% during the 1st quarter. Fifth Third Wealth Advisors LLC now owns 2,037 shares of the auto parts company’s stock worth $214,000 after purchasing an additional 99 shares during the period. Finally, Oregon Public Employees Retirement Fund lifted its stake in Autoliv by 0.7% during the first quarter. Oregon Public Employees Retirement Fund now owns 14,096 shares of the auto parts company’s stock worth $1,482,000 after purchasing an additional 100 shares in the last quarter. 69.57% of the stock is owned by institutional investors and hedge funds.

Autoliv Price Performance

Autoliv stock opened at $125.15 on Friday. Autoliv has a 52-week low of $99.16 and a 52-week high of $132.17. The firm has a market capitalization of $9.17 billion, a price-to-earnings ratio of 14.74, a PEG ratio of 0.97 and a beta of 1.36. The company has a fifty day simple moving average of $120.90 and a 200-day simple moving average of $117.90. The company has a quick ratio of 0.79, a current ratio of 1.03 and a debt-to-equity ratio of 0.67.

Autoliv (NYSE:ALV) last posted its quarterly earnings results on Friday, July 17th. The auto parts company reported $2.43 earnings per share for the quarter, missing the consensus estimate of $2.46 by ($0.03). The business had revenue of $2.80 billion during the quarter, compared to analysts’ expectations of $2.77 billion. Autoliv had a return on equity of 29.36% and a net margin of 5.79%.The business’s quarterly revenue was up 3.3% on a year-over-year basis. During the same period in the prior year, the business posted $2.21 earnings per share. On average, equities analysts anticipate that Autoliv will post 10.04 EPS for the current fiscal year.

Autoliv Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Friday, August 28th will be issued a dividend of $0.87 per share. The ex-dividend date is Friday, August 28th. This represents a $3.48 dividend on an annualized basis and a dividend yield of 2.8%. Autoliv’s dividend payout ratio (DPR) is currently 40.99%.

About Autoliv

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.