Autoliv, Inc. (NYSE:ALV) Stock Has Consensus Price Target of $134.85

Autoliv, Inc. (NYSE:ALV) has been assigned an average rating of “Moderate Buy” from the twelve research firms that are currently covering the company, Marketbeat.com reports. Six analysts have rated the stock with a hold recommendation and six have assigned a buy recommendation to the company. The average 1-year price objective among analysts that have covered the stock in the last year is $134.92.

Several research firms recently weighed in on ALV. Wells Fargo & Company boosted their target price on Autoliv from $116.00 to $122.00 and gave the stock an “equal weight” rating in a report on Thursday, June 25th. Wolfe Research downgraded shares of Autoliv from an “outperform” rating to a “peer perform” rating in a report on Wednesday, September 23rd. TD Cowen downgraded shares of Autoliv from a “buy” rating to a “hold” rating and dropped their target price for the stock from $148.00 to $137.00 in a report on Tuesday, September 8th. Weiss Ratings raised shares of Autoliv from a “buy (b-)” rating to a “buy (b)” rating in a research report on Thursday, September 24th. Finally, Jefferies Financial Group cut their target price on shares of Autoliv from $134.00 to $119.00 and set a “hold” rating for the company in a research report on Tuesday, September 22nd.

Autoliv Trading Down 1.2%

Shares of NYSE:ALV opened at $115.87 on Friday. The stock has a market capitalization of $8.49 billion, a PE ratio of 13.65, a P/E/G ratio of 0.97 and a beta of 1.39. Autoliv has a 1 year low of $99.16 and a 1 year high of $132.17. The firm has a fifty day moving average price of $117.96 and a 200 day moving average price of $119.08. The company has a current ratio of 1.03, a quick ratio of 0.79 and a debt-to-equity ratio of 0.67.

Autoliv Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 15th. Stockholders of record on Friday, August 28th were paid a $0.87 dividend. The ex-dividend date was Friday, August 28th. This represents a $3.48 dividend on an annualized basis and a dividend yield of 3.0%. Autoliv’s payout ratio is presently 40.99%.

Institutional Trading of Autoliv

Hedge funds have recently added to or reduced their stakes in the business. Global Retirement Partners LLC acquired a new stake in Autoliv in the 2nd quarter valued at approximately $60,000. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new position in shares of Autoliv during the second quarter worth approximately $62,000. Integrated Wealth Concepts LLC acquired a new position in shares of Autoliv during the second quarter worth approximately $69,000. Northwestern Mutual Wealth Management Co. acquired a new position in shares of Autoliv during the second quarter worth approximately $78,000. Finally, GAMMA Investing LLC boosted its position in shares of Autoliv by 16.5% in the second quarter. GAMMA Investing LLC now owns 988 shares of the auto parts company’s stock valued at $115,000 after acquiring an additional 140 shares during the period. Institutional investors own 69.57% of the company’s stock.

Autoliv Company Profile

Autoliv, Inc (NYSE: ALV) develops and manufactures automotive safety systems and components for vehicle manufacturers worldwide. The company focuses primarily on passive safety products designed to help protect occupants during a collision.

Its product portfolio includes airbags, seat belts, steering wheels, pedestrian protection systems, and associated safety electronics and control systems. Autoliv supplies these products to major automakers and supports vehicle programs across passenger cars and commercial vehicles.

Autoliv traces its roots to Sweden and has grown into an international automotive supplier with operations and customers across North America, Europe, Asia, and other major automotive markets.