Autoliv (NYSE:ALV) Given New $90.00 Price Target at Robert W. Baird

Autoliv (NYSE:ALV - Free Report) had its price target cut by Robert W. Baird from $105.00 to $90.00 in a report released on Tuesday,Benzinga reports. They currently have a neutral rating on the auto parts company's stock.

Several other research firms also recently issued reports 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. HSBC lowered 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. Pareto Securities cut Autoliv to a "hold" rating in a research note on Monday, February 3rd. StockNews.com lowered shares of Autoliv from a "buy" rating to a "hold" rating in a research note on Thursday, April 3rd. Finally, TD Cowen began coverage on shares of Autoliv in a report on Friday, March 7th. They set a "buy" rating and a $116.00 price target on the stock. Eight investment analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, Autoliv currently has an average rating of "Moderate Buy" and an average price target of $112.64.

Autoliv Trading Down 0.5 %

Shares of NYSE:ALV traded down $0.42 during mid-day trading on Tuesday, hitting $86.40. The company had a trading volume of 906,750 shares, compared to its average volume of 820,866. The company has a debt-to-equity ratio of 0.67, a current ratio of 0.96 and a quick ratio of 0.71. Autoliv has a one year low of $75.49 and a one year high of $129.38. The firm has a fifty day moving average price of $90.74 and a 200 day moving average price of $94.32. The company has a market capitalization of $6.69 billion, a PE ratio of 10.71, a price-to-earnings-growth ratio of 0.73 and a beta of 1.47.

Autoliv (NYSE:ALV - Get Free Report) last announced its quarterly earnings data on Wednesday, April 16th. The auto parts company reported $2.15 earnings per share for the quarter, beating the consensus estimate of $1.72 by $0.43. Autoliv had a net margin of 6.21% and a return on equity of 28.62%. The firm had revenue of $2.58 billion for the quarter, compared to analyst estimates of $2.50 billion. During the same quarter in the prior year, the business earned $1.58 earnings per share. As a group, research analysts forecast that Autoliv will post 9.51 EPS for the current year.

Autoliv Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 24th. Stockholders of record on Friday, March 7th were paid a dividend of $0.70 per share. The ex-dividend date was Friday, March 7th. This represents a $2.80 dividend on an annualized basis and a dividend yield of 3.24%. Autoliv's dividend payout ratio (DPR) is currently 32.22%.

Insider Activity

In related news, CEO Mikael Bratt sold 5,760 shares of the business's stock in a transaction dated 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. The trade was a 19.82 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Per Jonas Jademyr sold 401 shares of the company's stock in a transaction that occurred 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 transaction, the executive vice president now owns 685 shares of the company's stock, valued at approximately $67,712.25. This represents a 36.92 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 9,253 shares of company stock valued at $915,534. Insiders own 0.20% of the company's stock.

Institutional Investors Weigh In On Autoliv

A number of large investors have recently modified their holdings of ALV. JPMorgan Chase & Co. lifted its holdings in Autoliv by 38.3% in the third quarter. JPMorgan Chase & Co. now owns 276,315 shares of the auto parts company's stock worth $25,800,000 after buying an additional 76,510 shares during the period. Geode Capital Management LLC lifted its stake in shares of Autoliv by 10.8% in the 3rd quarter. Geode Capital Management LLC now owns 987,375 shares of the auto parts company's stock valued at $92,221,000 after purchasing an additional 95,888 shares during the period. Lancaster Investment Management boosted its position in shares of Autoliv by 17.7% during the fourth quarter. Lancaster Investment Management now owns 568,821 shares of the auto parts company's stock valued at $53,350,000 after purchasing an additional 85,732 shares in the last quarter. ABC Arbitrage SA bought a new position in Autoliv in the fourth quarter worth $394,000. Finally, Barclays PLC boosted its holdings in shares of Autoliv by 41.5% during the 3rd quarter. Barclays PLC now owns 30,216 shares of the auto parts company's stock valued at $2,821,000 after buying an additional 8,859 shares in the last quarter. 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.