Insider Selling: Autoliv, Inc. (NYSE:ALV) CFO Sells $178,839.57 in Stock

Autoliv, Inc. (NYSE:ALV) CFO Fredrik Westin sold 1,803 shares of Autoliv stock in a transaction dated Tuesday, February 25th. The stock was sold at an average price of $99.19, for a total value of $178,839.57. Following the completion of the transaction, the chief financial officer now owns 7,261 shares in the company, valued at approximately $720,218.59. This represents a 19.89 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link.

Autoliv Stock Performance

Autoliv stock opened at $97.38 on Friday. Autoliv, Inc. has a fifty-two week low of $89.51 and a fifty-two week high of $129.38. The stock’s 50 day simple moving average is $96.25 and its two-hundred day simple moving average is $96.63. 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 stock has a market cap of $7.57 billion, a price-to-earnings ratio of 12.07, a PEG ratio of 0.73 and a beta of 1.58.

Autoliv (NYSE:ALV) last released its quarterly earnings results on Friday, January 31st. The auto parts company reported $3.05 earnings per share for the quarter, beating the consensus estimate of $2.84 by $0.21. Autoliv had a return on equity of 28.62% and a net margin of 6.21%. As a group, analysts expect that Autoliv, Inc. will post 9.51 earnings per share for the current fiscal year.

Autoliv Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 24th. Stockholders of record on Friday, March 7th will be given a $0.70 dividend. This represents a $2.80 dividend on an annualized basis and a dividend yield of 2.88%. The ex-dividend date of this dividend is Friday, March 7th. Autoliv’s dividend payout ratio is presently 34.70%.

Analyst Ratings Changes

Several equities analysts recently issued reports on ALV shares. StockNews.com lowered Autoliv from a “buy” rating to a “hold” rating in a research report on Tuesday, February 25th. Daiwa America upgraded shares of Autoliv from a “hold” rating to a “strong-buy” rating in a report on Tuesday, January 7th. Mizuho lowered their price target 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. Wells Fargo & Company cut their price target on shares of Autoliv from $101.00 to $97.00 and set an “equal weight” rating on the stock in a report on Monday, December 16th. Finally, HSBC cut shares of Autoliv from a “buy” rating to a “hold” rating and decreased their price objective for the company from $109.00 to $100.00 in a research report on Tuesday, February 4th. Ten equities research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, Autoliv currently has a consensus rating of “Moderate Buy” and a consensus price target of $117.23.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the business. Legend Financial Advisors Inc. grew its holdings in 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 purchasing an additional 115 shares during the period. CIBC Asset Management Inc boosted its position in shares of Autoliv by 5.2% in the 4th quarter. CIBC Asset Management Inc now owns 2,501 shares of the auto parts company’s stock worth $235,000 after purchasing an additional 124 shares in the last quarter. Quantinno Capital Management LP grew its stake in shares of Autoliv by 0.6% in the 3rd quarter. Quantinno Capital Management LP now owns 23,456 shares of the auto parts company’s stock worth $2,190,000 after buying an additional 130 shares during the last quarter. US Bancorp DE increased its position in Autoliv by 3.5% during the 4th quarter. US Bancorp DE now owns 3,820 shares of the auto parts company’s stock valued at $358,000 after buying an additional 130 shares in the last quarter. Finally, AlphaQuest LLC increased its position in Autoliv by 74.4% during the 4th quarter. AlphaQuest LLC now owns 314 shares of the auto parts company’s stock valued at $29,000 after buying an additional 134 shares in the last quarter. 69.57% of the stock is currently owned by institutional investors.

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.