Autoliv (NYSE:ALV) EVP Staffan Olsson Sells 119 Shares of Stock

Autoliv, Inc. (NYSE:ALV) EVP Staffan Olsson sold 119 shares of Autoliv stock in a transaction on Tuesday, February 17th. The shares were sold at an average price of $124.89, for a total value of $14,861.91. Following the completion of the transaction, the executive vice president owned 2,137 shares in the company, valued at $266,889.93. The trade was a 5.27% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

Autoliv Stock Down 0.2%

Shares of ALV stock traded down $0.28 during mid-day trading on Friday, reaching $122.87. 420,064 shares of the company were exchanged, compared to its average volume of 732,195. The company has a market capitalization of $9.33 billion, a P/E ratio of 12.84, a P/E/G ratio of 1.05 and a beta of 1.32. The business’s 50 day simple moving average is $123.72 and its 200 day simple moving average is $121.60. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.79 and a current ratio of 1.05. Autoliv, Inc. has a fifty-two week low of $75.49 and a fifty-two week high of $130.14.

Autoliv (NYSE:ALV) last released its earnings results on Friday, January 30th. The auto parts company reported $3.19 EPS for the quarter, beating the consensus estimate of $2.85 by $0.34. Autoliv had a net margin of 6.80% and a return on equity of 30.42%. During the same quarter last year, the firm earned $3.05 earnings per share. The company’s revenue for the quarter was up 7.7% compared to the same quarter last year. Research analysts predict that Autoliv, Inc. will post 9.51 earnings per share for the current year.

Autoliv Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 19th. Investors of record on Wednesday, March 4th will be issued a dividend of $0.87 per share. The ex-dividend date is Wednesday, March 4th. This represents a $3.48 dividend on an annualized basis and a yield of 2.8%. Autoliv’s payout ratio is currently 36.40%.

Analyst Ratings Changes

Several equities analysts have commented on the company. Wells Fargo & Company dropped their target price on Autoliv from $129.00 to $125.00 and set an “equal weight” rating for the company in a research report on Tuesday, December 9th. Evercore dropped their price objective on shares of Autoliv from $150.00 to $145.00 and set an “outperform” rating on the stock in a report on Monday, February 2nd. Barclays reiterated an “overweight” rating and issued a $140.00 price objective on shares of Autoliv in a research note on Monday, February 2nd. TD Cowen reiterated a “buy” rating on shares of Autoliv in a research report on Monday, February 2nd. Finally, Robert W. Baird set a $132.00 target price on Autoliv in a research note on Monday, February 2nd. Ten equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $134.40.

Institutional Trading of Autoliv

Several institutional investors have recently modified their holdings of ALV. Swedbank AB raised its position in Autoliv by 14.4% in the 4th quarter. Swedbank AB now owns 2,976,700 shares of the auto parts company’s stock worth $353,334,000 after purchasing an additional 375,454 shares during the last quarter. Charles Schwab Investment Management Inc. grew its holdings in shares of Autoliv by 1.1% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 2,562,641 shares of the auto parts company’s stock valued at $304,185,000 after acquiring an additional 28,415 shares in the last quarter. Dimensional Fund Advisors LP raised its position in Autoliv by 2.0% during the fourth quarter. Dimensional Fund Advisors LP now owns 1,881,828 shares of the auto parts company’s stock worth $223,385,000 after acquiring an additional 37,661 shares in the last quarter. Vanguard Group Inc. boosted its stake in shares of Autoliv by 1.1% during the 4th quarter. Vanguard Group Inc. now owns 1,867,396 shares of the auto parts company’s stock worth $221,660,000 after acquiring an additional 21,221 shares during the period. Finally, LSV Asset Management boosted its holdings in shares of Autoliv by 6.5% during the 4th quarter. LSV Asset Management now owns 1,681,609 shares of the auto parts company’s stock worth $199,607,000 after buying an additional 101,922 shares during the period. Institutional investors and hedge funds own 69.57% of the company’s stock.

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.