Robert W. Baird Raises Autoliv (NYSE:ALV) Price Target to $135.00

Autoliv (NYSE:ALV) had its target price raised by Robert W. Baird from $133.00 to $135.00 in a research report report published on Monday morning, Benzinga reports. Robert W. Baird currently has a neutral rating on the auto parts company’s stock.

A number of other analysts have also commented on the company. Berenberg Bank raised Autoliv from a hold rating to a buy rating and set a $120.00 price target for the company in a research note on Friday, January 12th. Mizuho raised their price target on Autoliv from $115.00 to $135.00 and gave the stock a buy rating in a research note on Monday, March 25th. Wolfe Research lowered Autoliv from an outperform rating to a peer perform rating in a research note on Thursday, January 4th. Wells Fargo & Company raised their price objective on Autoliv from $101.00 to $107.00 and gave the company an equal weight rating in a research report on Monday, January 29th. Finally, StockNews.com raised Autoliv from a hold rating to a buy rating in a research report on Saturday, January 20th. Seven analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of Hold and an average target price of $125.90.

Autoliv Stock Performance

Shares of ALV stock opened at $120.49 on Monday. The stock has a fifty day moving average of $118.33 and a 200 day moving average of $108.53. Autoliv has a 52 week low of $79.66 and a 52 week high of $125.91. The firm has a market capitalization of $9.81 billion, a price-to-earnings ratio of 18.80, a PEG ratio of 0.80 and a beta of 1.72. The company has a quick ratio of 0.82, a current ratio of 1.10 and a debt-to-equity ratio of 0.75.

Autoliv Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, March 27th. Shareholders of record on Tuesday, March 12th were paid a dividend of $0.68 per share. The ex-dividend date was Monday, March 11th. This represents a $2.72 dividend on an annualized basis and a dividend yield of 2.26%. Autoliv’s dividend payout ratio is currently 42.43%.

Insider Buying and Selling at Autoliv

In other Autoliv news, VP Mikael Hagstrom sold 327 shares of the business’s stock in a transaction dated Wednesday, February 21st. The stock was sold at an average price of $109.69, for a total transaction of $35,868.63. Following the completion of the sale, the vice president now directly owns 327 shares in the company, valued at approximately $35,868.63. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. In related news, VP Mikael Hagstrom sold 327 shares of the business’s stock in a transaction that occurred on Wednesday, February 21st. The stock was sold at an average price of $109.69, for a total transaction of $35,868.63. Following the completion of the transaction, the vice president now directly owns 327 shares in the company, valued at approximately $35,868.63. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CEO Mikael Bratt sold 4,226 shares of the business’s stock in a transaction that occurred on Wednesday, February 21st. The shares were sold at an average price of $109.72, for a total value of $463,676.72. Following the transaction, the chief executive officer now owns 17,547 shares of the company’s stock, valued at $1,925,256.84. The disclosure for this sale can be found here. Insiders sold a total of 8,388 shares of company stock worth $921,757 in the last three months. 0.24% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. Capstone Investment Advisors LLC grew its stake in shares of Autoliv by 97.1% during the 1st quarter. Capstone Investment Advisors LLC now owns 11,972 shares of the auto parts company’s stock valued at $1,442,000 after acquiring an additional 5,899 shares during the period. Diversify Advisory Services LLC bought a new position in shares of Autoliv during the 1st quarter valued at approximately $200,000. Van ECK Associates Corp lifted its holdings in Autoliv by 36.5% in the 1st quarter. Van ECK Associates Corp now owns 29,185 shares of the auto parts company’s stock worth $3,515,000 after purchasing an additional 7,806 shares in the last quarter. Principal Financial Group Inc. lifted its holdings in Autoliv by 1.0% in the 1st quarter. Principal Financial Group Inc. now owns 317,923 shares of the auto parts company’s stock worth $38,287,000 after purchasing an additional 3,002 shares in the last quarter. Finally, Benjamin F. Edwards & Company Inc. lifted its holdings in Autoliv by 244.4% in the 1st quarter. Benjamin F. Edwards & Company Inc. now owns 837 shares of the auto parts company’s stock worth $101,000 after purchasing an additional 594 shares in the last quarter. 69.57% of the stock is currently owned by institutional investors.

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.