Autoliv (NYSE:ALV) Lifted to Strong-Buy at StockNews.com

StockNews.com upgraded shares of Autoliv (NYSE:ALV) from a buy rating to a strong-buy rating in a report published on Friday morning.

Several other research firms also recently commented on ALV. Wolfe Research downgraded Autoliv from an outperform rating to a peer perform rating in a research report on Thursday, January 4th. Wells Fargo & Company raised their price target on shares of Autoliv from $126.00 to $128.00 and gave the stock an equal weight rating in a research report on Monday, April 29th. Bank of America boosted their price objective on shares of Autoliv from $135.00 to $145.00 and gave the company a buy rating in a report on Monday, April 29th. Barclays lifted their price target on shares of Autoliv from $120.00 to $125.00 and gave the company an equal weight rating in a research report on Monday, April 29th. Finally, JPMorgan Chase & Co. increased their price target on Autoliv from $117.00 to $129.00 and gave the stock a neutral rating in a research report on Monday, April 22nd. Seven investment analysts have rated the stock with a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, Autoliv currently has an average rating of Moderate Buy and a consensus target price of $125.90.

Autoliv Price Performance

Shares of ALV opened at $121.38 on Friday. The company’s 50-day moving average is $118.72 and its 200-day moving average is $109.02. The company has a debt-to-equity ratio of 0.75, a current ratio of 1.10 and a quick ratio of 0.82. The firm has a market capitalization of $9.88 billion, a PE ratio of 18.94, a PEG ratio of 0.77 and a beta of 1.69. Autoliv has a fifty-two week low of $79.66 and a fifty-two week high of $125.91.

Autoliv Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, March 27th. Investors of record on Tuesday, March 12th were paid a $0.68 dividend. This represents a $2.72 annualized dividend and a yield of 2.24%. The ex-dividend date was Monday, March 11th. Autoliv’s dividend payout ratio (DPR) is presently 42.43%.

Insiders Place Their Bets

In other news, VP Mikael Hagstrom sold 327 shares of the firm’s stock in a transaction that occurred on Wednesday, February 21st. The shares were sold at an average price of $109.69, for a total value of $35,868.63. Following the sale, the vice president now directly owns 327 shares in the company, valued at approximately $35,868.63. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. In other Autoliv news, CEO Mikael Bratt sold 4,226 shares of the company’s stock in a transaction dated Wednesday, February 21st. The stock was sold at an average price of $109.72, for a total value of $463,676.72. Following the completion of the transaction, the chief executive officer now owns 17,547 shares of the company’s stock, valued at approximately $1,925,256.84. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, VP Mikael Hagstrom sold 327 shares of the stock in a transaction dated Wednesday, February 21st. The shares were sold at an average price of $109.69, for a total value of $35,868.63. Following the completion of the transaction, the vice president now owns 327 shares of the company’s stock, valued at $35,868.63. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 7,606 shares of company stock valued at $835,205. 0.20% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Autoliv

Institutional investors have recently added to or reduced their stakes in the business. Benjamin F. Edwards & Company Inc. acquired a new position in shares of Autoliv during the fourth quarter worth $27,000. Rise Advisors LLC lifted its holdings in Autoliv by 84.1% during the 4th quarter. Rise Advisors LLC now owns 267 shares of the auto parts company’s stock worth $29,000 after buying an additional 122 shares during the period. Register Financial Advisors LLC bought a new stake in shares of Autoliv in the 1st quarter valued at about $36,000. Parallel Advisors LLC increased its stake in shares of Autoliv by 83.8% in the fourth quarter. Parallel Advisors LLC now owns 489 shares of the auto parts company’s stock valued at $54,000 after buying an additional 223 shares during the period. Finally, TFO Wealth Partners LLC raised its position in shares of Autoliv by 15,425.0% during the fourth quarter. TFO Wealth Partners LLC now owns 621 shares of the auto parts company’s stock worth $68,000 after acquiring an additional 617 shares during the last quarter. 69.57% of the stock is owned by institutional investors.

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.