It is currently trading at $116.05 which is slightly above $109.06, the 50 day moving average and which is a tad above the 200 day moving average of $106.75. The 50 day moving average went up by +6.41% and the 200 day average was up $9.30. 407K shares changed hands on Thursday. Overall, volume was up 8.77% over the stocks normal daily volume.
Autoliv, Inc. (NYSE:ALV) has been the object of insider selling activity recently. Robert W. Alspaugh, Director sold $72,600 worth of shares at an average price of $112.21 on March 9th. That brings the Director’s holdings to $426,398 as recorded in a recent Form 4 SEC filing. Treasurer Amelie Heiner disclosed the sale of 111 shares of ALV stock. The shares were purchased at an average price of $111.93. The Treasurer now owns $1,119 of the stock according to the SEC filing.
James D. Bentley, Acting VP, Corporate Control disclosed the sale of 395 shares. The shares were sold on February 22nd for an average price of $110.12. Bentley now owns $0 of the stock per the Form 4 SEC filing.
Here are a few additional firms who have increased or decreased their stake in (ALV). As of the end of the quarter Hm Payson & Co had disposed of a total of 150 shares trimming its stake by 6.6%. The value of the total investment in Autoliv, Inc. went from $258,000 to $218,000 decreasing 15.5% quarter over quarter. Proficio Capital Partners LLC augmented its investment by buying 315 shares an increase of 107.9%. Proficio Capital Partners LLC claims 607 shares with a value of $65,000. The total value of its holdings increased 97.0%.
As of quarter end Morgan Stanley had bought 1,500 shares growing its holdings by 1,648.4%. The value of the company’s investment in Autoliv, Inc. increased from $10,000 to $163,000 a change of $153,000 for the reporting period. As of quarter end Winton Group Ltd had sold 4,653 shares trimming its position 24.8%. The value of the investment in ALV decreased from $2,122,000 to $1,442,000 a change of 32.0% quarter to quarter.
On June 21, 2017 Guggenheim initiated coverage with an initial rating of “Neutral”. On May 24, 2017 the stock rating was rated “Overweight” by Morgan Stanley which is up from the previous “Underweight” rating.
Jefferies began coverage giving it an initial rating of “Buy”. On November 23 the company was upgraded from “Sell” to “Neutral” and a price target of $95.00 was set in a report issued by Goldman Sachs.
On October 10 the company was set at “Accumulate” according to a Handelsbanken report down from the previous “” rating. July 25 investment analysts at Deutsche Bank made no change to the stock rating of “Underweight” and lowered the price expectation to $82.00 from $102.00.
The company is so far trading up by 0.57 percent from yesterday’s close. The company also declared a dividend for shareholders that will be paid on Thursday September 7th, 2017. The dividend will be $0.600 per share for the quarter which is $2.40 annualized. This dividend represents a yield of $2.08. The ex-dividend date is Monday the 15th of May 2017.
The company currently has a P/E ratio of 17.77 and market cap is 10.25B. As of the last earnings report the EPS was $6.53 and is expected to be $6.27 for the current year with 88,325,000 shares now outstanding. Next quarter’s EPS is expected be $1.38 and the next full year EPS is anticipated to be $7.01.
Autoliv, Inc., launched on October 1, 1996, 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. The Active safety products include camera-based vision systems, night driving assist, automotive radars, brake controls, positioning systems, electronic control units, and other active safety systems. As of December 31, 2016, including joint venture operations, the Company had approximately 78 production facilities in 25 countries, consisting of both component factories and assembly factories..