2 weeks Ago By ABMN Staff
Hsbc Holdings PLC decreased its position in Visteon Co. ( NASDAQ:VC – Free Report ) by 26.1% in the second quarter, HoldingsChannel.
com reports. The institutional investor owned 8,651 shares of the company’s stock after selling 3,054 shares during the quarter. Hsbc Holdings PLC’s holdings in Visteon were worth $921,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also bought and sold shares of the company. Parallel Advisors LLC boosted its position in Visteon by 98.6% during the fourth quarter.
Parallel Advisors LLC now owns 286 shares of the company’s stock valued at $36,000 after buying an additional 142 shares during the period. Signaturefd LLC boosted its holdings in Visteon by 70.8% during the 2nd quarter.
Signaturefd LLC now owns 287 shares of the company’s stock valued at $31,000 after acquiring an additional 119 shares during the period. Fidelis Capital Partners LLC purchased a new stake in Visteon during the 1st quarter valued at about $48,000. Mather Group LLC.
bought a new position in Visteon during the 2nd quarter worth approximately $59,000. Finally, TFO Wealth Partners LLC increased its stake in Visteon by 52,400.0% in the 4th quarter.
TFO Wealth Partners LLC now owns 525 shares of the company’s stock worth $66,000 after purchasing an additional 524 shares during the period. Hedge funds and other institutional investors own 99.71% of the company’s stock.
Insider Buying and Selling at Visteon In other news, SVP Joao Paulo Ribeiro sold 3,859 shares of Visteon stock in a transaction dated Monday, July 29th. The stock was sold at an average price of $111.73, for a total value of $431,166.
07. Following the completion of the transaction, the senior vice president now owns 5,988 shares of the company’s stock, valued at approximately $669,039.24.
The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website . 2.00% of the stock is owned by company insiders.
Analysts Set New Price Targets Get Our Latest Stock Report on VC Visteon Stock Up 1.0 % Shares of Visteon stock opened at $97.29 on Friday.
Visteon Co. has a 1 year low of $88.37 and a 1 year high of $142.
20. The firm has a market cap of $2.69 billion, a price-to-earnings ratio of 5.
56, a PEG ratio of 0.47 and a beta of 1.46.
The company has a 50-day moving average of $99.74 and a 200 day moving average of $106.91.
The company has a debt-to-equity ratio of 0.26, a current ratio of 1.85 and a quick ratio of 1.
50. Visteon ( NASDAQ:VC – Get Free Report ) last released its earnings results on Thursday, July 25th. The company reported $2.
54 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.96 by $0.58.
Visteon had a net margin of 13.79% and a return on equity of 51.69%.
The firm had revenue of $1.01 billion during the quarter, compared to analyst estimates of $1.01 billion.
During the same period last year, the business earned $1.18 earnings per share. The business’s revenue was up 3.
2% on a year-over-year basis. As a group, sell-side analysts anticipate that Visteon Co. will post 8.
06 earnings per share for the current fiscal year. Visteon Profile ( Free Report ) Visteon Corporation, an automotive technology company, designs, manufactures, and sells automotive electronics and connected car solutions for vehicle manufacturers worldwide. The company provides instrument clusters, including analog gauge clusters for 2-D and 3-D display-based devices; information displays that integrate a range of user interface technologies and graphics management capabilities, such as active privacy, TrueColor enhancement, local dimming, cameras, optics, haptic feedback, and light effects; and infotainment and connected car solutions, including scalable Android infotainment for seamless connectivity, as well as onboard artificial intelligence-based voice assistants with natural language understanding.
Further Reading Want to see what other hedge funds are holding VC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Visteon Co. ( NASDAQ:VC – Free Report ).
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