Johan Lofvenholm Sells 280 Shares of Autoliv Inc. (ALV) Stock

Autoliv Inc. (NYSE:ALV) insider Johan Lofvenholm sold 280 shares of the stock in a transaction on Tuesday, February 20th. The shares were sold at an average price of $143.30, for a total value of $40,124.00. Following the completion of the transaction, the insider now directly owns 10,954 shares in the company, valued at approximately $1,569,708.20. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Johan Lofvenholm also recently made the following trade(s):

  • On Thursday, November 30th, Johan Lofvenholm sold 3,965 shares of Autoliv stock. The stock was sold at an average price of $128.00, for a total value of $507,520.00.

Shares of Autoliv Inc. (ALV) opened at $144.54 on Thursday. Autoliv Inc. has a 12 month low of $96.08 and a 12 month high of $152.57. The firm has a market cap of $12,595.86, a PE ratio of 21.97, a PEG ratio of 2.14 and a beta of 1.31. The company has a current ratio of 1.55, a quick ratio of 1.23 and a debt-to-equity ratio of 0.31.

Autoliv (NYSE:ALV) last announced its quarterly earnings data on Tuesday, January 30th. The auto parts company reported $2.03 EPS for the quarter, beating the Zacks’ consensus estimate of $1.74 by $0.29. The firm had revenue of $2.73 billion during the quarter, compared to the consensus estimate of $2.69 billion. Autoliv had a net margin of 4.11% and a return on equity of 13.86%. The firm’s revenue was up 4.8% compared to the same quarter last year. During the same quarter last year, the firm earned $1.71 earnings per share. research analysts expect that Autoliv Inc. will post 7.37 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 8th. Investors of record on Thursday, February 22nd will be given a $0.60 dividend. The ex-dividend date is Wednesday, February 21st. This represents a $2.40 dividend on an annualized basis and a yield of 1.66%. Autoliv’s payout ratio is currently 49.48%.

Several brokerages have issued reports on ALV. Robert W. Baird raised Autoliv from a “neutral” rating to an “outperform” rating and raised their price objective for the stock from $137.00 to $192.00 in a report on Wednesday, January 31st. Piper Jaffray Companies set a $124.00 price objective on Autoliv and gave the stock a “hold” rating in a report on Friday, December 8th. Guggenheim reaffirmed a “hold” rating and set a $150.00 price objective on shares of Autoliv in a report on Wednesday, January 31st. Barclays raised their price objective on Autoliv from $94.00 to $106.00 and gave the stock an “underweight” rating in a report on Wednesday, January 31st. Finally, Mizuho raised their price objective on Autoliv from $140.00 to $160.00 and gave the stock a “buy” rating in a report on Tuesday, January 30th. Four investment analysts have rated the stock with a sell rating, nine have issued a hold rating and twelve have given a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of $125.25.

Large investors have recently made changes to their positions in the stock. Toronto Dominion Bank lifted its position in Autoliv by 11.7% in the second quarter. Toronto Dominion Bank now owns 1,085 shares of the auto parts company’s stock valued at $119,000 after purchasing an additional 114 shares during the period. SG Americas Securities LLC acquired a new stake in Autoliv in the fourth quarter valued at about $152,000. Teachers Advisors LLC lifted its position in Autoliv by 288.3% in the second quarter. Teachers Advisors LLC now owns 1,425 shares of the auto parts company’s stock valued at $156,000 after purchasing an additional 1,058 shares during the period. Hunter Associates Investment Management LLC acquired a new stake in Autoliv in the fourth quarter valued at about $204,000. Finally, JPMorgan Chase & Co. lifted its position in Autoliv by 9.8% in the second quarter. JPMorgan Chase & Co. now owns 1,920 shares of the auto parts company’s stock valued at $210,000 after purchasing an additional 171 shares during the period. Hedge funds and other institutional investors own 33.39% of the company’s stock.

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About Autoliv

Autoliv, Inc is a supplier of automotive safety systems with a range of product offerings, including passive safety systems and active safety systems. The Company operates through two segments: Passive Safety and Electronics. The Passive safety products include modules and components for passenger and driver-side airbags, side-impact airbag protection systems, seatbelts, steering wheels, inflator technologies, whiplash protection systems and child seats, and components for such systems, as well as passive safety electronic products, such as restraint electronics and crash sensors.

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