Autoliv (NYSE:ALV) Rating Increased to Outperform at BNP Paribas Exane

Autoliv (NYSE:ALV - Get Free Report) was upgraded by equities research analysts at BNP Paribas Exane from a "neutral" rating to an "outperform" rating in a research note issued on Friday, MarketBeat.com reports. The firm currently has a $123.00 price objective on the auto parts company's stock. BNP Paribas Exane's price target indicates a potential upside of 21.78% from the stock's current price.

A number of other brokerages also recently weighed in on ALV. Hsbc Global Res downgraded shares of Autoliv from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, February 4th. Pareto Securities downgraded shares of Autoliv to a "hold" rating in a research report on Monday, February 3rd. Mizuho dropped their price objective on shares of Autoliv from $112.00 to $95.00 and set an "outperform" rating on the stock in a research note on Thursday, April 10th. HSBC lowered shares of Autoliv from a "buy" rating to a "hold" rating and dropped their price target for the stock from $109.00 to $100.00 in a research note on Tuesday, February 4th. Finally, Cowen initiated coverage on shares of Autoliv in a report on Thursday, March 6th. They issued a "buy" rating for the company. Six analysts have rated the stock with a hold rating, twelve have given a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $112.79.

Autoliv Stock Up 3.1%

Shares of NYSE:ALV traded up $3.04 during midday trading on Friday, hitting $101.00. 631,216 shares of the company's stock traded hands, compared to its average volume of 818,425. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.71 and a current ratio of 0.96. The company has a market cap of $7.81 billion, a PE ratio of 12.52, a P/E/G ratio of 0.73 and a beta of 1.36. The firm's fifty day moving average price is $89.39 and its two-hundred day moving average price is $94.12. Autoliv has a twelve month low of $75.49 and a twelve month high of $129.38.

Autoliv (NYSE:ALV - Get Free Report) last issued its quarterly earnings data on Wednesday, April 16th. The auto parts company reported $2.15 EPS for the quarter, topping analysts' consensus estimates of $1.72 by $0.43. The firm had revenue of $2.58 billion for the quarter, compared to analyst estimates of $2.50 billion. Autoliv had a net margin of 6.21% and a return on equity of 28.62%. During the same quarter in the previous year, the business posted $1.58 EPS. On average, equities research analysts anticipate that Autoliv will post 9.51 EPS for the current fiscal year.

Insider Buying and Selling at Autoliv

In other Autoliv news, CEO Mikael Bratt sold 5,760 shares of the firm's stock in a transaction dated Tuesday, February 25th. The shares were sold at an average price of $98.90, for a total value of $569,664.00. Following the completion of the sale, the chief executive officer now owns 23,307 shares in the company, valued at approximately $2,305,062.30. This trade represents a 19.82% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CFO Fredrik Westin sold 1,803 shares of Autoliv stock in a transaction that occurred on Tuesday, February 25th. The stock was sold at an average price of $99.19, for a total transaction of $178,839.57. Following the sale, the chief financial officer now owns 7,261 shares of the company's stock, valued at approximately $720,218.59. This represents a 19.89% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 9,253 shares of company stock worth $915,534. 0.20% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Autoliv

A number of institutional investors and hedge funds have recently modified their holdings of the business. FMR LLC raised its stake in shares of Autoliv by 9.9% during the fourth quarter. FMR LLC now owns 7,146,500 shares of the auto parts company's stock worth $670,270,000 after buying an additional 641,895 shares during the last quarter. Charles Schwab Investment Management Inc. raised its stake in shares of Autoliv by 418.3% during the first quarter. Charles Schwab Investment Management Inc. now owns 2,483,726 shares of the auto parts company's stock worth $219,686,000 after buying an additional 2,004,515 shares during the last quarter. FIL Ltd raised its stake in shares of Autoliv by 17.3% during the fourth quarter. FIL Ltd now owns 2,382,265 shares of the auto parts company's stock worth $223,433,000 after buying an additional 351,876 shares during the last quarter. Dimensional Fund Advisors LP raised its stake in shares of Autoliv by 9.0% during the fourth quarter. Dimensional Fund Advisors LP now owns 1,623,600 shares of the auto parts company's stock worth $152,275,000 after buying an additional 134,347 shares during the last quarter. Finally, Mondrian Investment Partners LTD raised its stake in shares of Autoliv by 4.5% during the fourth quarter. Mondrian Investment Partners LTD now owns 1,378,636 shares of the auto parts company's stock worth $133,259,000 after buying an additional 59,592 shares during the last quarter. 69.57% of the stock is owned by institutional investors.

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.