Autoliv Inc. (NYSE:ALV) was downgraded by investment analysts at Handelsbanken from a “buy” rating to an “accumulate” rating in a report issued on Monday.

ALV has been the subject of a number of other research reports. Zacks Investment Research raised Autoliv from a “sell” rating to a “hold” rating in a report on Monday, October 3rd. Citigroup Inc. decreased their target price on Autoliv from $121.00 to $113.00 and set a “neutral” rating for the company in a report on Thursday, July 28th. Berenberg Bank started coverage on Autoliv in a research report on Friday, June 17th. They set a “hold” rating and a $109.00 price target for the company. RBC Capital Markets reiterated an “underperform” rating and set a $92.00 price target (down from $95.00) on shares of Autoliv in a research report on Monday, July 25th. Finally, Piper Jaffray Cos. set a $104.00 price target on Autoliv and gave the company a “hold” rating in a research report on Monday, July 25th. Eight equities research analysts have rated the stock with a sell rating, nine have given a hold rating and two have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average target price of C$101.39.

Analyst Recommendations for Autoliv (NYSE:ALV)

Autoliv (NYSE:ALV) traded up 0.28% on Monday, reaching $105.47. The company’s stock had a trading volume of 118,971 shares. The firm has a 50-day moving average of $105.96 and a 200 day moving average of $112.66. Autoliv has a 12-month low of $95.34 and a 12-month high of $129.37. The company has a market capitalization of $9.30 billion, a price-to-earnings ratio of 16.45 and a beta of 1.29.

Autoliv (NYSE:ALV) last released its earnings results on Friday, July 22nd. The company reported $1.75 EPS for the quarter, topping the Zacks’ consensus estimate of $1.71 by $0.04. Autoliv had a return on equity of 16.97% and a net margin of 5.83%. The firm earned $2.58 billion during the quarter, compared to the consensus estimate of $2.64 billion. During the same quarter in the previous year, the company posted $1.62 earnings per share. The company’s revenue was up 12.5% compared to the same quarter last year. On average, equities research analysts anticipate that Autoliv will post $6.66 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Thursday, December 1st. Investors of record on Wednesday, November 16th will be given a dividend of $0.58 per share. This represents a $2.32 annualized dividend and a dividend yield of 2.21%. The ex-dividend date of this dividend is Monday, November 14th. Autoliv’s payout ratio is 36.19%.

Institutional investors have recently added to or reduced their stakes in the company. IFP Advisors Inc raised its position in Autoliv by 27.5% in the first quarter. IFP Advisors Inc now owns 1,153 shares of the company’s stock worth $137,000 after buying an additional 249 shares during the period. Global X Management Co. LLC raised its position in Autoliv by 75.9% in the second quarter. Global X Management Co. LLC now owns 1,258 shares of the company’s stock worth $135,000 after buying an additional 543 shares during the period. Victory Capital Management Inc. raised its position in Autoliv by 157.7% in the second quarter. Victory Capital Management Inc. now owns 1,296 shares of the company’s stock worth $139,000 after buying an additional 793 shares during the period. Tower Research Capital LLC TRC bought a new position in Autoliv during the second quarter worth $152,000. Finally, Invictus RG bought a new position in Autoliv during the second quarter worth $159,000. 33.07% of the stock is currently owned by institutional investors.

Autoliv Company Profile

Autoliv, Inc is a developer, manufacturer and supplier to the automotive industry of automotive safety systems. The Company operates through two segments: Passive Safety and Electronics. Passive Safety segment includes airbags, seatbelts and steering wheels. Electronics segment includes active safety products, such as camera-based vision systems, night driving assist, automotive radars, brake controls and other active safety systems, and passive safety electronic products, such as restraint electronics and crash sensors.

5 Day Chart for NYSE:ALV

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