Analysts Set Autoliv, Inc. (NYSE:ALV) Price Target at $125.90

Autoliv, Inc. (NYSE:ALV) has been assigned an average rating of “Hold” from the twelve research firms that are covering the stock, Marketbeat Ratings reports. Seven research analysts have rated the stock with a hold rating and five have given a buy rating to the company. The average 1 year target price among brokerages that have covered the stock in the last year is $125.90.

A number of research firms have recently issued reports on ALV. Wells Fargo & Company upped their price target on Autoliv from $126.00 to $128.00 and gave the company an “equal weight” rating in a research report on Monday, April 29th. Berenberg Bank upgraded Autoliv from a “hold” rating to a “buy” rating and set a $120.00 price target for the company in a research report on Friday, January 12th. Robert W. Baird lifted their target price on Autoliv from $133.00 to $135.00 and gave the company a “neutral” rating in a report on Monday, April 29th. StockNews.com upgraded Autoliv from a “buy” rating to a “strong-buy” rating in a report on Friday. Finally, JPMorgan Chase & Co. raised their price target on Autoliv from $117.00 to $129.00 and gave the company a “neutral” rating in a research note on Monday, April 22nd.

Autoliv Trading Down 0.3 %

Autoliv stock opened at $121.38 on Tuesday. The company has a current ratio of 1.10, a quick ratio of 0.82 and a debt-to-equity ratio of 0.75. The firm has a market cap of $9.88 billion, a PE ratio of 18.94, a P/E/G ratio of 0.77 and a beta of 1.69. The stock’s 50 day simple moving average is $118.72 and its two-hundred day simple moving average is $108.91. Autoliv has a 12 month low of $79.66 and a 12 month high of $125.91.

Autoliv Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, March 27th. Stockholders of record on Tuesday, March 12th were given a $0.68 dividend. This represents a $2.72 annualized dividend and a dividend yield of 2.24%. The ex-dividend date of this dividend was Monday, March 11th. Autoliv’s payout ratio is currently 42.43%.

Insider Activity at Autoliv

In related news, VP Mikael Hagstrom sold 327 shares of the business’s stock in a transaction dated Wednesday, February 21st. The shares were 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 owns 327 shares of the company’s stock, valued at approximately $35,868.63. The sale was disclosed in a legal filing with the SEC, which is available through this link. In related news, VP Mikael Hagstrom sold 327 shares of the business’s stock in a transaction that occurred on Wednesday, February 21st. The shares were sold at an average price of $109.69, for a total value of $35,868.63. Following 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 legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Mikael Bratt sold 4,226 shares of the business’s stock in a transaction that occurred on Wednesday, February 21st. The stock was sold at an average price of $109.72, for a total transaction of $463,676.72. Following the completion of the sale, the chief executive officer now owns 17,547 shares in the company, valued at $1,925,256.84. The disclosure for this sale can be found here. Insiders sold a total of 7,606 shares of company stock valued at $835,205 in the last quarter. Insiders own 0.20% of the company’s stock.

Institutional Investors Weigh In On Autoliv

A number of large investors have recently made changes to their positions in ALV. Norges Bank acquired a new stake in shares of Autoliv during the fourth quarter valued at approximately $91,065,000. Balyasny Asset Management L.P. increased its stake in Autoliv by 169.8% in the 4th quarter. Balyasny Asset Management L.P. now owns 759,239 shares of the auto parts company’s stock valued at $83,661,000 after buying an additional 477,800 shares during the period. FMR LLC increased its stake in Autoliv by 9.6% in the 3rd quarter. FMR LLC now owns 5,264,937 shares of the auto parts company’s stock valued at $507,961,000 after buying an additional 459,147 shares during the period. Assenagon Asset Management S.A. increased its stake in Autoliv by 183.6% in the 3rd quarter. Assenagon Asset Management S.A. now owns 487,586 shares of the auto parts company’s stock valued at $47,042,000 after buying an additional 315,668 shares during the period. Finally, Public Sector Pension Investment Board increased its stake in Autoliv by 41.0% in the 4th quarter. Public Sector Pension Investment Board now owns 958,304 shares of the auto parts company’s stock valued at $105,596,000 after buying an additional 278,800 shares during the period. Institutional investors and hedge funds own 69.57% of the company’s stock.

About Autoliv

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.