Autoliv (NYSE:ALV) Stock Price Expected to Rise, Barclays Analyst Says

Autoliv (NYSE:ALV - Free Report) had its price target boosted by Barclays from $97.00 to $105.00 in a research note published on Monday,Benzinga reports. The brokerage currently has an overweight rating on the auto parts company's stock.

Other equities research analysts have also recently issued research reports about the company. Daiwa Capital Markets upgraded Autoliv from a "neutral" rating to an "outperform" rating and set a $109.00 price objective on the stock in a research note on Tuesday, January 7th. Cowen began coverage on shares of Autoliv in a research report on Thursday, March 6th. They set a "buy" rating on the stock. StockNews.com raised shares of Autoliv from a "hold" rating to a "buy" rating in a research report on Thursday, April 17th. HSBC cut shares of Autoliv from a "buy" rating to a "hold" rating and dropped their target price for the company from $109.00 to $100.00 in a report on Tuesday, February 4th. Finally, Daiwa America upgraded Autoliv from a "hold" rating to a "strong-buy" rating in a report on Tuesday, January 7th. Seven analysts have rated the stock with a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $112.00.

Autoliv Stock Down 1.3 %

Shares of ALV traded down $1.16 during mid-day trading on Monday, hitting $91.04. 468,203 shares of the company's stock were exchanged, compared to its average volume of 818,646. The company has a 50-day simple moving average of $89.97 and a 200 day simple moving average of $94.17. The company has a debt-to-equity ratio of 0.67, a current ratio of 0.96 and a quick ratio of 0.71. The company has a market cap of $7.04 billion, a PE ratio of 11.28, a P/E/G ratio of 0.73 and a beta of 1.47. Autoliv has a 52 week low of $75.49 and a 52 week high of $129.38.

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

Autoliv Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 24th. Shareholders of record on Friday, March 7th were given a dividend of $0.70 per share. This represents a $2.80 annualized dividend and a yield of 3.08%. The ex-dividend date was Friday, March 7th. Autoliv's payout ratio is 32.22%.

Insider Transactions at Autoliv

In other Autoliv news, CEO Mikael Bratt sold 5,760 shares of the firm's stock in a transaction on Tuesday, February 25th. The stock was sold at an average price of $98.90, for a total transaction of $569,664.00. Following the transaction, the chief executive officer now owns 23,307 shares in the company, valued at $2,305,062.30. This trade represents a 19.82 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Per Jonas Jademyr sold 401 shares of the company's stock in a transaction on Tuesday, February 25th. The shares were sold at an average price of $98.85, for a total value of $39,638.85. Following the sale, the executive vice president now owns 685 shares of the company's stock, valued at approximately $67,712.25. The trade was a 36.92 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 9,253 shares of company stock valued at $915,534. 0.30% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Autoliv

Several institutional investors and hedge funds have recently bought and sold shares of the company. UMB Bank n.a. increased its holdings in Autoliv by 139.5% in the 4th quarter. UMB Bank n.a. now owns 273 shares of the auto parts company's stock valued at $26,000 after buying an additional 159 shares during the period. AlphaQuest LLC increased its stake in Autoliv by 74.4% in the fourth quarter. AlphaQuest LLC now owns 314 shares of the auto parts company's stock valued at $29,000 after acquiring an additional 134 shares during the last quarter. GAMMA Investing LLC raised its position in Autoliv by 122.9% during the first quarter. GAMMA Investing LLC now owns 370 shares of the auto parts company's stock valued at $33,000 after purchasing an additional 204 shares in the last quarter. FNY Investment Advisers LLC acquired a new position in Autoliv during the first quarter valued at approximately $44,000. Finally, Twin Tree Management LP bought a new stake in Autoliv during the fourth quarter worth $50,000. Institutional investors 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.