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

Autoliv, Inc. (NYSE:ALV) has received an average recommendation of “Moderate Buy” from the seventeen brokerages that are presently covering the company, MarketBeat reports. Nine equities research analysts have rated the stock with a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company. The average 12-month price target among brokerages that have issued a report on the stock in the last year is $117.23.

Several equities analysts have commented on the company. Pareto Securities cut Autoliv to a “hold” rating in a report on Monday, February 3rd. Mizuho decreased their price target on Autoliv from $115.00 to $112.00 and set an “outperform” rating on the stock in a research report on Monday, February 3rd. StockNews.com upgraded Autoliv from a “hold” rating to a “buy” rating in a research report on Thursday, January 23rd. 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 research report on Tuesday, January 7th. Finally, HSBC lowered Autoliv from a “buy” rating to a “hold” rating and decreased their price target for the stock from $109.00 to $100.00 in a research report on Tuesday, February 4th.

Autoliv Price Performance

Shares of NYSE:ALV opened at $97.41 on Monday. Autoliv has a fifty-two week low of $89.51 and a fifty-two week high of $129.38. The business has a 50-day moving average of $95.74 and a two-hundred day moving average of $96.56. The stock has a market capitalization of $7.57 billion, a P/E ratio of 12.07, a P/E/G ratio of 0.73 and a beta of 1.58. 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 (NYSE:ALV) last posted its quarterly earnings data on Friday, January 31st. The auto parts company reported $3.05 earnings per share for the quarter, topping the consensus estimate of $2.84 by $0.21. Autoliv had a return on equity of 28.62% and a net margin of 6.21%. On average, equities research analysts predict that Autoliv will post 9.58 EPS for the current fiscal year.

Autoliv Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, March 24th. Stockholders of record on Friday, March 7th will be paid a $0.70 dividend. This represents a $2.80 dividend on an annualized basis and a dividend yield of 2.87%. The ex-dividend date is Friday, March 7th. Autoliv’s dividend payout ratio (DPR) is currently 34.70%.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. UMB Bank n.a. lifted its stake in shares of Autoliv by 139.5% in the 4th quarter. UMB Bank n.a. now owns 273 shares of the auto parts company’s stock valued at $26,000 after purchasing an additional 159 shares during the period. AlphaQuest LLC lifted its stake in shares of Autoliv by 74.4% in the 4th quarter. AlphaQuest LLC now owns 314 shares of the auto parts company’s stock valued at $29,000 after purchasing an additional 134 shares during the period. Fred Alger Management LLC acquired a new position in shares of Autoliv in the 3rd quarter valued at $45,000. Twin Tree Management LP acquired a new position in shares of Autoliv in the 4th quarter valued at $50,000. Finally, Physician Wealth Advisors Inc. acquired a new position in shares of Autoliv in the 4th quarter valued at $57,000. Institutional investors and hedge funds 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.