Visteon Co. (NASDAQ:VC) Shares Sold by Amundi

Amundi lowered its stake in Visteon Co. (NASDAQ:VC - Free Report) by 52.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 17,898 shares of the company's stock after selling 19,509 shares during the period. Amundi owned approximately 0.06% of Visteon worth $1,520,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in VC. KBC Group NV boosted its stake in shares of Visteon by 37.7% during the 3rd quarter. KBC Group NV now owns 902 shares of the company's stock worth $86,000 after purchasing an additional 247 shares during the period. Nisa Investment Advisors LLC lifted its stake in Visteon by 136.8% in the fourth quarter. Nisa Investment Advisors LLC now owns 1,305 shares of the company's stock worth $116,000 after purchasing an additional 754 shares during the last quarter. Morse Asset Management Inc purchased a new position in shares of Visteon during the third quarter valued at approximately $164,000. Entropy Technologies LP bought a new position in shares of Visteon during the fourth quarter valued at approximately $214,000. Finally, XTX Topco Ltd bought a new position in shares of Visteon during the third quarter valued at approximately $230,000. 99.71% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several analysts have recently weighed in on VC shares. TD Cowen assumed coverage on Visteon in a research report on Friday, March 7th. They set a "buy" rating and a $108.00 target price for the company. Barclays lowered their price target on Visteon from $115.00 to $110.00 and set an "overweight" rating for the company in a report on Monday, March 3rd. Morgan Stanley reduced their price objective on Visteon from $100.00 to $95.00 and set an "equal weight" rating on the stock in a report on Monday, March 3rd. Wells Fargo & Company boosted their price objective on shares of Visteon from $119.00 to $124.00 and gave the stock an "overweight" rating in a research note on Wednesday, February 19th. Finally, Royal Bank of Canada dropped their target price on Visteon from $127.00 to $100.00 and set an "outperform" rating on the stock in a research report on Wednesday, February 19th. Six analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. Based on data from MarketBeat, Visteon currently has a consensus rating of "Moderate Buy" and a consensus target price of $117.25.

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Visteon Stock Performance

VC traded down $1.76 on Friday, reaching $80.28. 853,737 shares of the stock were exchanged, compared to its average volume of 286,551. 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 company's 50-day moving average price is $84.42 and its 200 day moving average price is $89.27. The firm has a market capitalization of $2.17 billion, a PE ratio of 8.18, a PEG ratio of 0.42 and a beta of 1.39. Visteon Co. has a fifty-two week low of $75.75 and a fifty-two week high of $119.16.

Visteon (NASDAQ:VC - Get Free Report) last released its earnings results on Tuesday, February 18th. The company reported $4.44 EPS for the quarter, topping analysts' consensus estimates of $1.97 by $2.47. Visteon had a return on equity of 24.58% and a net margin of 7.09%. The firm had revenue of $939.00 million during the quarter, compared to the consensus estimate of $954.17 million. As a group, sell-side analysts forecast that Visteon Co. will post 8.42 EPS for the current fiscal year.

Visteon Profile

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.