Neumeier Poma Investment Counsel LLC cut its holdings in Visteon Co. (NASDAQ:VC - Free Report) by 29.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 46,504 shares of the company's stock after selling 19,366 shares during the quarter. Neumeier Poma Investment Counsel LLC owned approximately 0.17% of Visteon worth $4,126,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other hedge funds and other institutional investors have also bought and sold shares of the company. Signaturefd LLC grew its stake in shares of Visteon by 62.5% in the 4th quarter. Signaturefd LLC now owns 684 shares of the company's stock worth $61,000 after buying an additional 263 shares during the last quarter. Nisa Investment Advisors LLC grew its stake in shares of 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 acquiring an additional 754 shares during the last quarter. KBC Group NV increased its holdings in shares of Visteon by 49.9% during the fourth quarter. KBC Group NV now owns 1,352 shares of the company's stock valued at $120,000 after acquiring an additional 450 shares in the last quarter. Morse Asset Management Inc purchased a new position in shares of Visteon in the 3rd quarter worth about $164,000. Finally, Entropy Technologies LP bought a new position in Visteon in the 4th quarter worth about $214,000. Institutional investors own 99.71% of the company's stock.
Visteon Stock Down 0.9 %
Visteon stock opened at $77.62 on Tuesday. 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 cap of $2.10 billion, a P/E ratio of 7.91, a P/E/G ratio of 0.42 and a beta of 1.39. The business has a fifty day moving average of $83.96 and a two-hundred day moving average of $88.41. Visteon Co. has a twelve month low of $75.75 and a twelve month high of $119.16.
Visteon (NASDAQ:VC - Get Free Report) last issued its quarterly earnings data on Tuesday, February 18th. The company reported $4.44 earnings per share for the quarter, beating analysts' consensus estimates of $1.97 by $2.47. The company had revenue of $939.00 million for the quarter, compared to the consensus estimate of $954.17 million. Visteon had a return on equity of 24.58% and a net margin of 7.09%. On average, analysts forecast that Visteon Co. will post 8.42 earnings per share for the current fiscal year.
Wall Street Analyst Weigh In
Several equities research analysts have recently commented on VC shares. Morgan Stanley reduced their price objective on Visteon from $100.00 to $95.00 and set an "equal weight" rating for the company in a research note on Monday, March 3rd. Wells Fargo & Company lifted their price objective on Visteon from $119.00 to $124.00 and gave the company an "overweight" rating in a research report on Wednesday, February 19th. TD Cowen assumed coverage on shares of Visteon in a report on Friday, March 7th. They issued a "buy" rating and a $108.00 target price for the company. Royal Bank of Canada lowered their price target on shares of Visteon from $127.00 to $100.00 and set an "outperform" rating on the stock in a report on Wednesday, February 19th. Finally, Barclays reduced their price objective on shares of Visteon from $115.00 to $110.00 and set an "overweight" rating for the company in a research note on Monday, March 3rd. Six analysts have rated the stock with a hold rating and nine have given a buy rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $117.25.
Read Our Latest Stock Analysis on Visteon
Visteon Company 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.
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