Shares of Autoliv, Inc. (NYSE:ALV) have been assigned an average recommendation of “Hold” from the nineteen research firms that are covering the stock, Marketbeat reports. Three analysts have rated the stock with a sell rating, nine have assigned a hold rating and seven have issued a buy rating on the company. The average 12 month price target among brokers that have covered the stock in the last year is $104.09.

ALV has been the topic of several recent analyst reports. Jefferies Group LLC upgraded Autoliv from a “hold” rating to a “buy” rating and increased their target price for the stock from $108.00 to $119.00 in a research report on Tuesday, May 9th. BidaskClub downgraded Autoliv from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, June 21st. Royal Bank Of Canada reiterated a “hold” rating and set a $98.00 target price on shares of Autoliv in a research report on Thursday, July 6th. Bank of America Corporation reduced their target price on Autoliv from $85.00 to $84.00 and set a “neutral” rating on the stock in a research report on Tuesday, July 25th. Finally, CLSA initiated coverage on Autoliv in a research report on Thursday, June 22nd. They set a “hold” rating and a $102.00 target price on the stock.

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Shares of Autoliv (NYSE:ALV) traded down 1.048% during mid-day trading on Tuesday, hitting $108.085. The company had a trading volume of 106,297 shares. The firm has a 50-day moving average of $111.00 and a 200-day moving average of $106.46. Autoliv has a 12 month low of $93.31 and a 12 month high of $117.54. The company has a market cap of $9.39 billion, a PE ratio of 17.075 and a beta of 1.13.

Autoliv (NYSE:ALV) last released its earnings results on Friday, July 21st. The auto parts company reported $1.44 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $1.48 by $0.04. Autoliv had a return on equity of 13.96% and a net margin of 5.44%. The business had revenue of $2.55 billion for the quarter, compared to analysts’ expectations of $2.57 billion. During the same quarter last year, the company posted $1.75 earnings per share. The business’s quarterly revenue was down 1.3% compared to the same quarter last year. On average, analysts expect that Autoliv will post $6.22 EPS for the current year.

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 7th. Stockholders of record on Wednesday, November 22nd will be paid a $0.60 dividend. The ex-dividend date is Tuesday, November 21st. This represents a $2.40 dividend on an annualized basis and a dividend yield of 2.20%. Autoliv’s dividend payout ratio (DPR) is currently 37.97%.

In other news, VP Thomas Jonsson sold 1,240 shares of the stock in a transaction dated Wednesday, July 26th. The stock was sold at an average price of $108.55, for a total value of $134,602.00. Following the completion of the sale, the vice president now owns 2,311 shares in the company, valued at $250,859.05. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Robert W. Alspaugh sold 1,156 shares of the stock in a transaction dated Friday, May 26th. The shares were sold at an average price of $109.87, for a total value of $127,009.72. Following the completion of the sale, the director now owns 3,800 shares of the company’s stock, valued at approximately $417,506. The disclosure for this sale can be found here. 0.25% of the stock is currently owned by company insiders.

Several large investors have recently bought and sold shares of ALV. BlackRock Inc. raised its stake in Autoliv by 2,592.0% in the first quarter. BlackRock Inc. now owns 2,714,469 shares of the auto parts company’s stock worth $277,583,000 after buying an additional 2,613,635 shares during the period. Principal Financial Group Inc. raised its stake in Autoliv by 915.3% in the second quarter. Principal Financial Group Inc. now owns 2,230,670 shares of the auto parts company’s stock worth $244,927,000 after buying an additional 2,010,970 shares during the period. Dimensional Fund Advisors LP increased its position in shares of Autoliv by 68.9% in the first quarter. Dimensional Fund Advisors LP now owns 727,392 shares of the auto parts company’s stock worth $74,375,000 after buying an additional 296,818 shares in the last quarter. Alliancebernstein L.P. increased its position in shares of Autoliv by 2,167.8% in the first quarter. Alliancebernstein L.P. now owns 305,519 shares of the auto parts company’s stock worth $31,242,000 after buying an additional 292,047 shares in the last quarter. Finally, Edge Asset Management Inc. increased its position in shares of Autoliv by 15.6% in the first quarter. Edge Asset Management Inc. now owns 1,719,166 shares of the auto parts company’s stock worth $175,802,000 after buying an additional 232,363 shares in the last quarter. Institutional investors and hedge funds own 35.37% of the company’s stock.

Autoliv Company Profile

Autoliv, Inc is a supplier of automotive safety systems with a range of product offerings, including passive safety systems and active safety systems. The Company operates through two segments: Passive Safety and Electronics. The Passive safety products include modules and components for passenger and driver-side airbags, side-impact airbag protection systems, seatbelts, steering wheels, inflator technologies, whiplash protection systems and child seats, and components for such systems, as well as passive safety electronic products, such as restraint electronics and crash sensors.

Analyst Recommendations for Autoliv (NYSE:ALV)

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