Insider Selling: Autoliv, Inc. (NYSE:ALV) CFO Sells 1,803 Shares of Stock

Autoliv, Inc. (NYSE:ALV) CFO Fredrik Westin sold 1,803 shares of the company’s stock in a transaction dated Tuesday, February 25th. The stock was sold at an average price of $99.19, for a total transaction of $178,839.57. Following the completion of the sale, the chief financial officer now directly owns 7,261 shares of the company’s stock, valued at $720,218.59. The trade was a 19.89 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link.

Autoliv Stock Performance

NYSE ALV opened at $98.13 on Thursday. The firm has a market cap of $7.63 billion, a P/E ratio of 12.16, a price-to-earnings-growth ratio of 0.73 and a beta of 1.58. The company has a quick ratio of 0.71, a current ratio of 0.96 and a debt-to-equity ratio of 0.67. The company’s 50 day moving average is $96.03 and its 200-day moving average is $96.62. Autoliv, Inc. has a 12-month low of $89.51 and a 12-month high of $129.38.

Autoliv (NYSE:ALV) last issued its earnings results on Friday, January 31st. The auto parts company reported $3.05 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.84 by $0.21. Autoliv had a net margin of 6.21% and a return on equity of 28.62%. Sell-side analysts predict that Autoliv, Inc. will post 9.51 earnings per share for the current year.

Autoliv Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 24th. Investors of record on Friday, March 7th will be issued a dividend of $0.70 per share. The ex-dividend date is Friday, March 7th. This represents a $2.80 dividend on an annualized basis and a yield of 2.85%. Autoliv’s dividend payout ratio (DPR) is 34.70%.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on ALV shares. Pareto Securities lowered Autoliv to a “hold” rating in a report on Monday, February 3rd. Daiwa America upgraded Autoliv from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, January 7th. StockNews.com lowered Autoliv from a “buy” rating to a “hold” rating in a research report on Tuesday. HSBC downgraded shares of Autoliv from a “buy” rating to a “hold” rating and cut their price target for the stock from $109.00 to $100.00 in a report on Tuesday, February 4th. Finally, Mizuho decreased their price objective on shares of Autoliv from $115.00 to $112.00 and set an “outperform” rating for the company in a report on Monday, February 3rd. Ten analysts have rated the stock with a hold rating, seven have given a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $117.23.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in ALV. Legend Financial Advisors Inc. lifted its holdings in shares of Autoliv by 1.8% in the fourth quarter. Legend Financial Advisors Inc. now owns 6,344 shares of the auto parts company’s stock worth $595,000 after buying an additional 115 shares in the last quarter. CIBC Asset Management Inc increased its holdings in Autoliv by 5.2% during the 4th quarter. CIBC Asset Management Inc now owns 2,501 shares of the auto parts company’s stock worth $235,000 after acquiring an additional 124 shares during the period. Quantinno Capital Management LP increased its holdings in Autoliv by 0.6% during the 3rd quarter. Quantinno Capital Management LP now owns 23,456 shares of the auto parts company’s stock worth $2,190,000 after acquiring an additional 130 shares during the period. US Bancorp DE lifted its stake in Autoliv by 3.5% in the 4th quarter. US Bancorp DE now owns 3,820 shares of the auto parts company’s stock worth $358,000 after purchasing an additional 130 shares in the last quarter. Finally, AlphaQuest LLC boosted its holdings in Autoliv by 74.4% in the 4th quarter. AlphaQuest LLC now owns 314 shares of the auto parts company’s stock valued at $29,000 after purchasing an additional 134 shares during the period. Institutional investors own 69.57% of the company’s stock.

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.