Autoliv, Inc. (NYSE:ALV) Receives Consensus Rating of “Moderate Buy” from Brokerages

Autoliv, Inc. (NYSE:ALV) has been assigned a consensus rating of “Moderate Buy” from the sixteen brokerages that are covering the company, MarketBeat.com reports. Six research analysts have rated the stock with a hold rating, eight have given a buy rating and two have given a strong buy rating to the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is $119.85.

A number of research analysts have issued reports on ALV shares. Daiwa America upgraded Autoliv from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, January 7th. Robert W. Baird boosted their price target on Autoliv from $103.00 to $108.00 and gave the stock a “neutral” rating in a report on Monday, October 21st. StockNews.com upgraded Autoliv from a “hold” rating to a “buy” rating in a report on Thursday, January 23rd. Barclays reduced their price target on Autoliv from $115.00 to $110.00 and set an “equal weight” rating on the stock in a report on Tuesday, October 15th. Finally, 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.

Institutional Investors Weigh In On Autoliv

Several hedge funds and other institutional investors have recently modified their holdings of the company. UMB Bank n.a. grew its holdings in 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 buying an additional 159 shares in the last quarter. Quarry LP increased its position in shares of Autoliv by 133.5% during the 2nd quarter. Quarry LP now owns 362 shares of the auto parts company’s stock valued at $39,000 after purchasing an additional 207 shares during the last quarter. Fred Alger Management LLC purchased a new stake in shares of Autoliv during the 3rd quarter valued at $45,000. Farther Finance Advisors LLC increased its position in shares of Autoliv by 2,115.5% during the 3rd quarter. Farther Finance Advisors LLC now owns 2,282 shares of the auto parts company’s stock valued at $213,000 after purchasing an additional 2,179 shares during the last quarter. Finally, Foundations Investment Advisors LLC purchased a new stake in shares of Autoliv during the 3rd quarter valued at $222,000. Institutional investors own 69.57% of the company’s stock.

Autoliv Stock Performance

Autoliv stock opened at $93.95 on Thursday. Autoliv has a 12-month low of $89.51 and a 12-month high of $129.38. The company has a quick ratio of 0.71, a current ratio of 0.96 and a debt-to-equity ratio of 0.67. The business’s 50-day moving average price is $96.48 and its two-hundred day moving average price is $96.77. The stock has a market cap of $7.30 billion, a PE ratio of 11.64, a P/E/G ratio of 0.72 and a beta of 1.58.

Autoliv (NYSE:ALV) last released its earnings results on Friday, January 31st. The auto parts company reported $3.05 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.84 by $0.21. Autoliv had a return on equity of 28.62% and a net margin of 6.21%. As a group, analysts expect that Autoliv will post 10.05 earnings per share for the current fiscal year.

Autoliv Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, December 19th. Shareholders of record on Tuesday, December 3rd were paid a $0.70 dividend. The ex-dividend date of this dividend was Tuesday, December 3rd. This is a positive change from Autoliv’s previous quarterly dividend of $0.68. This represents a $2.80 annualized dividend and a yield of 2.98%. Autoliv’s payout ratio is 34.70%.

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.