Kevin Fox Sells 200 Shares of Autoliv, Inc. (NYSE:ALV) Stock

Autoliv, Inc. (NYSE:ALV) insider Kevin Fox sold 200 shares of the stock in a transaction dated Tuesday, October 22nd. The stock was sold at an average price of $97.39, for a total value of $19,478.00. Following the completion of the sale, the insider now owns 2,657 shares of the company’s stock, valued at $258,765.23. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Autoliv Stock Performance

NYSE ALV opened at $95.02 on Friday. The company has a market cap of $7.73 billion, a P/E ratio of 14.82, a PEG ratio of 0.82 and a beta of 1.60. Autoliv, Inc. has a 12-month low of $89.37 and a 12-month high of $129.38. The company has a fifty day simple moving average of $96.47 and a 200 day simple moving average of $107.08. The company has a current ratio of 0.98, a quick ratio of 0.73 and a debt-to-equity ratio of 0.67.

Autoliv (NYSE:ALV) last posted its earnings results on Friday, October 18th. The auto parts company reported $1.84 EPS for the quarter, missing the consensus estimate of $2.00 by ($0.16). The firm had revenue of $2.56 billion for the quarter, compared to the consensus estimate of $2.52 billion. Autoliv had a return on equity of 30.05% and a net margin of 5.91%. Autoliv’s quarterly revenue was down 1.6% compared to the same quarter last year. During the same period in the prior year, the business earned $1.66 EPS. Sell-side analysts predict that Autoliv, Inc. will post 8.44 earnings per share for the current fiscal year.

Autoliv Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, September 23rd. Investors of record on Wednesday, September 4th were issued a $0.68 dividend. The ex-dividend date of this dividend was Wednesday, September 4th. This represents a $2.72 dividend on an annualized basis and a dividend yield of 2.86%. Autoliv’s dividend payout ratio (DPR) is presently 42.43%.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on ALV. Evercore ISI decreased their price target on Autoliv from $150.00 to $140.00 and set an “outperform” rating for the company in a research note on Monday, July 22nd. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $116.00 price objective on shares of Autoliv in a report on Tuesday, September 10th. StockNews.com downgraded shares of Autoliv from a “buy” rating to a “hold” rating in a report on Monday. Wells Fargo & Company decreased their target price on Autoliv from $102.00 to $101.00 and set an “equal weight” rating on the stock in a research report on Monday. Finally, Hsbc Global Res upgraded Autoliv to a “strong-buy” rating in a research report on Monday, July 15th. Seven research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $124.14.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Custom Index Systems LLC raised its holdings in Autoliv by 12.6% during the 3rd quarter. Custom Index Systems LLC now owns 3,282 shares of the auto parts company’s stock valued at $306,000 after acquiring an additional 367 shares during the period. State of Alaska Department of Revenue boosted its stake in Autoliv by 7.2% in the third quarter. State of Alaska Department of Revenue now owns 8,561 shares of the auto parts company’s stock worth $799,000 after buying an additional 575 shares in the last quarter. Values First Advisors Inc. raised its position in Autoliv by 16.1% in the 3rd quarter. Values First Advisors Inc. now owns 2,824 shares of the auto parts company’s stock worth $264,000 after purchasing an additional 392 shares during the period. Assenagon Asset Management S.A. grew its stake in shares of Autoliv by 203.8% in the third quarter. Assenagon Asset Management S.A. now owns 106,563 shares of the auto parts company’s stock worth $9,950,000 after purchasing an additional 71,487 shares during the last quarter. Finally, Hennion & Walsh Asset Management Inc. boosted its holdings in Autoliv by 82.6% in the third quarter. Hennion & Walsh Asset Management Inc. now owns 4,031 shares of the auto parts company’s stock valued at $376,000 after acquiring an additional 1,824 shares in the last quarter. Hedge funds and other 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.