Autoliv (NYSE:ALV) Price Target Lowered to $95.00 at Mizuho

Autoliv (NYSE:ALV) had its price objective decreased by Mizuho from $112.00 to $95.00 in a research note released on Thursday morning,Benzinga reports. Mizuho currently has an outperform rating on the auto parts company’s stock.

ALV has been the topic of several other reports. HSBC lowered shares of Autoliv from a “buy” rating to a “hold” rating and lowered their target price for the stock from $109.00 to $100.00 in a research report on Tuesday, February 4th. Daiwa Capital Markets upgraded Autoliv from a “neutral” rating to an “outperform” rating and set a $109.00 price target on the stock in a report on Tuesday, January 7th. Wells Fargo & Company reduced their price objective on Autoliv from $101.00 to $97.00 and set an “equal weight” rating for the company in a report on Monday, December 16th. Pareto Securities lowered Autoliv to a “hold” rating in a report on Monday, February 3rd. Finally, Hsbc Global Res downgraded Autoliv from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, February 4th. Ten equities research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $115.93.

Autoliv Trading Up 0.4 %

Shares of ALV stock opened at $80.02 on Thursday. The business’s fifty day moving average price is $91.55 and its 200 day moving average price is $94.62. The firm has a market capitalization of $6.20 billion, a PE ratio of 9.92, a P/E/G ratio of 0.73 and a beta of 1.47. 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 1-year low of $75.49 and a 1-year high of $129.38.

Autoliv (NYSE:ALV) last posted its quarterly earnings results on Friday, January 31st. The auto parts company reported $3.05 earnings per share for the quarter, topping analysts’ consensus estimates of $2.84 by $0.21. Autoliv had a net margin of 6.21% and a return on equity of 28.62%. As a group, sell-side analysts forecast that Autoliv will post 9.51 EPS for the current fiscal year.

Autoliv Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 24th. Stockholders of record on Friday, March 7th were given a $0.70 dividend. This represents a $2.80 dividend on an annualized basis and a dividend yield of 3.50%. The ex-dividend date was Friday, March 7th. Autoliv’s dividend payout ratio is presently 34.70%.

Insider Activity at Autoliv

In other Autoliv news, CEO Mikael Bratt sold 5,760 shares of Autoliv stock in a transaction dated Tuesday, February 25th. The stock was sold at an average price of $98.90, for a total value of $569,664.00. Following the completion of the sale, 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CFO Fredrik Westin sold 1,803 shares of the company’s stock in a transaction dated Tuesday, February 25th. The shares were sold at an average price of $99.19, for a total transaction of $178,839.57. Following the transaction, the chief financial officer now directly owns 7,261 shares of the company’s stock, valued at approximately $720,218.59. This represents a 19.89 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 9,253 shares of company stock valued at $915,534. Company insiders own 0.20% of the company’s stock.

Hedge Funds Weigh In On Autoliv

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