Autoliv (NYSE:ALV) Director Jan Carlson Sells 19,607 Shares of Stock

Autoliv, Inc. (NYSE:ALV) Director Jan Carlson sold 19,607 shares of the firm’s stock in a transaction dated Friday, June 12th. The stock was sold at an average price of $130.00, for a total transaction of $2,548,910.00. Following the completion of the transaction, the director owned 60,000 shares in the company, valued at approximately $7,800,000. The trade was a 24.63% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website.

Autoliv Price Performance

Shares of NYSE:ALV opened at $125.76 on Tuesday. The company has a market cap of $9.41 billion, a PE ratio of 13.52, a P/E/G ratio of 0.86 and a beta of 1.33. Autoliv, Inc. has a fifty-two week low of $99.16 and a fifty-two week high of $132.17. The firm has a 50-day simple moving average of $119.45 and a 200 day simple moving average of $118.69. The company has a quick ratio of 0.82, a current ratio of 1.08 and a debt-to-equity ratio of 0.64.

Autoliv (NYSE:ALV) last issued its earnings results on Saturday, April 18th. The auto parts company reported $2.05 EPS for the quarter, beating analysts’ consensus estimates of $1.84 by $0.21. The company had revenue of $2.75 billion during the quarter, compared to the consensus estimate of $2.61 billion. Autoliv had a return on equity of 29.03% and a net margin of 6.45%.Autoliv’s quarterly revenue was up 6.8% compared to the same quarter last year. During the same period in the previous year, the firm posted $2.15 earnings per share. On average, sell-side analysts anticipate that Autoliv, Inc. will post 10.53 EPS for the current year.

Autoliv Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, June 8th. Shareholders of record on Wednesday, May 20th were given a $0.87 dividend. The ex-dividend date of this dividend was Wednesday, May 20th. This represents a $3.48 annualized dividend and a yield of 2.8%. Autoliv’s dividend payout ratio (DPR) is currently 37.42%.

Analyst Upgrades and Downgrades

ALV has been the subject of several recent research reports. TD Cowen lowered their price target on shares of Autoliv from $150.00 to $147.00 and set a “buy” rating for the company in a research report on Wednesday, April 15th. Wall Street Zen downgraded shares of Autoliv from a “buy” rating to a “hold” rating in a research report on Sunday, May 17th. Royal Bank Of Canada boosted their target price on shares of Autoliv from $137.00 to $138.00 and gave the company an “outperform” rating in a research note on Monday, April 20th. UBS Group raised their price target on shares of Autoliv from $110.00 to $122.00 and gave the company a “neutral” rating in a research note on Monday. Finally, Wells Fargo & Company set a $116.00 price target on Autoliv in a report on Monday, April 20th. Seven investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat, Autoliv presently has an average rating of “Moderate Buy” and an average price target of $134.87.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. Torren Management LLC bought a new stake in shares of Autoliv during the fourth quarter valued at about $25,000. IFP Advisors Inc increased its stake in Autoliv by 110.3% during the 3rd quarter. IFP Advisors Inc now owns 204 shares of the auto parts company’s stock valued at $25,000 after buying an additional 107 shares during the period. Parkside Financial Bank & Trust raised its position in shares of Autoliv by 863.6% during the 4th quarter. Parkside Financial Bank & Trust now owns 212 shares of the auto parts company’s stock worth $25,000 after buying an additional 190 shares in the last quarter. Quarry LP bought a new stake in shares of Autoliv during the 3rd quarter worth about $36,000. Finally, Johnson Financial Group Inc. acquired a new stake in shares of Autoliv in the 3rd quarter worth approximately $37,000. 69.57% of the stock is owned by institutional investors and hedge funds.

About Autoliv

Autoliv Inc (NYSE: ALV) is a leading global supplier of automotive safety systems, specializing in the design, development and manufacture of passive and active safety products. Its core product portfolio includes airbags, seatbelts, steering wheels, restraint control modules and pedestrian protection systems. In recent years, the company has also expanded into active safety technologies, offering radar, camera and sensor solutions that support advanced driver assistance systems (ADAS) and autonomous driving applications.

Founded in 1997 following the spin-off of Electrolux’s automotive safety business, Autoliv has evolved into a multinational organization with a presence in over 27 countries.