2 weeks Ago By ABMN Staff
KLP Kapitalforvaltning AS purchased a new stake in shares of Visteon Co. ( NASDAQ:VC – Free Report ) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm purchased 5,800 shares of the company’s stock, valued at approximately $515,000.
A number of other hedge funds and other institutional investors have also bought and sold shares of VC. FMR LLC boosted its stake in shares of Visteon by 89.3% in the 3rd quarter.
FMR LLC now owns 3,354 shares of the company’s stock valued at $319,000 after purchasing an additional 1,582 shares in the last quarter. Centiva Capital LP raised its holdings in Visteon by 89.0% in the third quarter.
Centiva Capital LP now owns 9,251 shares of the company’s stock worth $881,000 after purchasing an additional 4,357 shares in the last quarter. Holocene Advisors LP increased its stake in shares of Visteon by 25.1% during the third quarter.
Holocene Advisors LP now owns 34,880 shares of the company’s stock valued at $3,322,000 after purchasing an additional 6,996 shares in the last quarter. Hotchkis & Wiley Capital Management LLC bought a new stake in Visteon in the third quarter worth $10,779,000. Finally, Morse Asset Management Inc bought a new position in Visteon in the 3rd quarter worth about $164,000.
Hedge funds and other institutional investors own 99.71% of the company’s stock. Wall Street Analyst Weigh In Several research firms recently issued reports on VC.
Morgan Stanley lowered their price objective on Visteon from $100.00 to $95.00 and set an “equal weight” rating on the stock in a research report on Monday, March 3rd.
Barclays dropped their price objective on shares of Visteon from $115.00 to $110.00 and set an “overweight” rating on the stock in a report on Monday, March 3rd.
TD Cowen initiated coverage on Visteon in a research report on Friday, March 7th. They set a “buy” rating and a $108.00 target price on the stock.
Wells Fargo & Company upped their price target on shares of Visteon from $119.00 to $124.00 and gave the stock an “overweight” rating in a research report on Wednesday, February 19th.
Finally, Royal Bank of Canada dropped their price objective on Visteon from $127.00 to $100.00 and set an “outperform” rating for the company in a research note on Wednesday, February 19th.
Six analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $117.
25. Visteon Trading Down 5.2 % Shares of NASDAQ VC opened at $74.
83 on Friday. The stock has a market capitalization of $2.03 billion, a P/E ratio of 7.
63, a PEG ratio of 0.42 and a beta of 1.39.
The company has a debt-to-equity ratio of 0.23, a current ratio of 1.74 and a quick ratio of 1.
47. The business’s 50 day moving average is $83.42 and its two-hundred day moving average is $88.
16. Visteon Co. has a 1-year low of $74.
33 and a 1-year high of $117.94. Visteon ( NASDAQ:VC – Get Free Report ) last issued its quarterly earnings results on Tuesday, February 18th.
The company reported $4.44 EPS for the quarter, beating the consensus estimate of $1.97 by $2.
47. Visteon had a net margin of 7.09% and a return on equity of 24.
58%. The company had revenue of $939.00 million for the quarter, compared to the consensus estimate of $954.
17 million. As a group, research analysts expect that Visteon Co. will post 8.
42 EPS for the current year. About Visteon ( 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.
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