Curi RMB Capital LLC Has $12.51 Million Stake in Visteon Co. (NASDAQ:VC)

Curi RMB Capital LLC grew its position in Visteon Co. (NASDAQ:VC - Free Report) by 28.4% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 141,030 shares of the company's stock after purchasing an additional 31,236 shares during the period. Curi RMB Capital LLC owned approximately 0.51% of Visteon worth $12,512,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the company. FMR LLC lifted its holdings in Visteon by 89.3% in the third quarter. FMR LLC now owns 3,354 shares of the company's stock worth $319,000 after purchasing an additional 1,582 shares during the period. Morse Asset Management Inc bought a new stake in shares of Visteon during the 3rd quarter worth about $164,000. Barclays PLC lifted its stake in shares of Visteon by 60.0% in the 3rd quarter. Barclays PLC now owns 63,716 shares of the company's stock worth $6,068,000 after acquiring an additional 23,893 shares during the period. Geode Capital Management LLC boosted its holdings in shares of Visteon by 1.2% in the third quarter. Geode Capital Management LLC now owns 668,682 shares of the company's stock valued at $63,698,000 after acquiring an additional 7,743 shares in the last quarter. Finally, Virtu Financial LLC acquired a new position in shares of Visteon during the third quarter valued at approximately $309,000. Institutional investors and hedge funds own 99.71% of the company's stock.

Visteon Stock Up 1.4 %

Shares of Visteon stock traded up $1.06 during midday trading on Friday, hitting $79.08. The company's stock had a trading volume of 122,346 shares, compared to its average volume of 305,810. Visteon Co. has a 1-year low of $65.10 and a 1-year high of $117.94. The company has a quick ratio of 1.47, a current ratio of 1.74 and a debt-to-equity ratio of 0.23. The firm has a market capitalization of $2.14 billion, a P/E ratio of 8.07, a PEG ratio of 0.42 and a beta of 1.32. The stock has a 50-day simple moving average of $79.42 and a 200-day simple moving average of $85.54.

Visteon (NASDAQ:VC - Get Free Report) last announced its quarterly earnings data on Thursday, April 24th. The company reported $2.40 EPS for the quarter, topping analysts' consensus estimates of $1.70 by $0.70. The firm had revenue of $934.00 million during the quarter, compared to analyst estimates of $906.38 million. Visteon had a return on equity of 24.58% and a net margin of 7.09%. As a group, sell-side analysts expect that Visteon Co. will post 8.42 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on VC shares. Barclays reaffirmed an "equal weight" rating and set a $82.00 price target (down from $110.00) on shares of Visteon in a research note on Tuesday, April 15th. The Goldman Sachs Group reaffirmed a "neutral" rating and set a $74.00 target price (down from $103.00) on shares of Visteon in a report on Thursday, April 10th. Morgan Stanley cut their price target on shares of Visteon from $100.00 to $95.00 and set an "equal weight" rating for the company in a report on Monday, March 3rd. Royal Bank of Canada lowered their price objective on shares of Visteon from $127.00 to $100.00 and set an "outperform" rating on the stock in a research note on Wednesday, February 19th. Finally, UBS Group reissued a "neutral" rating and set a $76.00 target price (down from $114.00) on shares of Visteon in a research note on Thursday, April 10th. Nine equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company's stock. According to MarketBeat, Visteon has an average rating of "Hold" and a consensus target price of $100.67.

Visteon Company 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.