Autoliv, Inc. (NYSE:ALV) Given Consensus Rating of “Moderate Buy” by Analysts

Autoliv, Inc. (NYSE:ALV) has earned an average rating of “Moderate Buy” from the sixteen ratings firms that are covering the firm, Marketbeat Ratings reports. Six research analysts have rated the stock with a hold rating, eight have assigned a buy rating and two have issued a strong buy rating on the company. The average 1 year target price among brokers that have issued ratings on the stock in the last year is $121.62.

A number of research analysts have recently issued reports on the company. Robert W. Baird upped their price target on Autoliv from $103.00 to $108.00 and gave the company a “neutral” rating in a report on Monday, October 21st. Wells Fargo & Company lowered their price target on Autoliv from $101.00 to $97.00 and set an “equal weight” rating on the stock in a report on Monday, December 16th. Barclays reduced their price objective on Autoliv from $115.00 to $110.00 and set an “equal weight” rating for the company in a research report on Tuesday, October 15th. Daiwa Capital Markets upgraded Autoliv from a “neutral” rating to an “outperform” rating and set a $109.00 price objective for the company in a research report on Tuesday, January 7th. Finally, StockNews.com upgraded Autoliv from a “hold” rating to a “buy” rating in a research report on Thursday, January 23rd.

Institutional Trading of Autoliv

Institutional investors have recently made changes to their positions in the business. UMB Bank n.a. grew its position in shares of Autoliv by 139.5% during the fourth quarter. UMB Bank n.a. now owns 273 shares of the auto parts company’s stock worth $26,000 after purchasing an additional 159 shares in the last quarter. Quarry LP grew its position in shares of Autoliv by 133.5% during the second quarter. Quarry LP now owns 362 shares of the auto parts company’s stock worth $39,000 after purchasing an additional 207 shares in the last quarter. Fred Alger Management LLC bought a new position in Autoliv during the third quarter valued at approximately $45,000. Farther Finance Advisors LLC boosted its stake in Autoliv by 2,115.5% during the third quarter. Farther Finance Advisors LLC now owns 2,282 shares of the auto parts company’s stock valued at $213,000 after buying an additional 2,179 shares during the last quarter. Finally, Foundations Investment Advisors LLC bought a new position in Autoliv during the third quarter valued at approximately $222,000. Hedge funds and other institutional investors own 69.57% of the company’s stock.

Autoliv Trading Up 1.4 %

Autoliv stock opened at $101.20 on Thursday. The company has a market capitalization of $7.86 billion, a price-to-earnings ratio of 13.18, a price-to-earnings-growth ratio of 0.73 and a beta of 1.59. The company has a current ratio of 0.96, a quick ratio of 0.71 and a debt-to-equity ratio of 0.69. Autoliv has a 12 month low of $89.51 and a 12 month high of $129.38. The business’s fifty day simple moving average is $96.61 and its two-hundred day simple moving average is $97.11.

Autoliv Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, December 19th. Investors of record on Tuesday, December 3rd were given a dividend of $0.70 per share. The ex-dividend date was Tuesday, December 3rd. This represents a $2.80 annualized dividend and a dividend yield of 2.77%. This is a boost from Autoliv’s previous quarterly dividend of $0.68. Autoliv’s dividend payout ratio (DPR) is currently 36.46%.

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.