Segall Bryant & Hamill LLC Takes $2.27 Million Position in Visteon Co. (NASDAQ:VC)

Segall Bryant & Hamill LLC bought a new position in Visteon Co. (NASDAQ:VC - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 25,626 shares of the company's stock, valued at approximately $2,274,000. Segall Bryant & Hamill LLC owned approximately 0.09% of Visteon at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of VC. Vanguard Group Inc. boosted its position in Visteon by 0.6% in the fourth quarter. Vanguard Group Inc. now owns 2,909,217 shares of the company's stock valued at $258,106,000 after buying an additional 16,442 shares in the last quarter. LPL Financial LLC raised its stake in shares of Visteon by 2.6% in the fourth quarter. LPL Financial LLC now owns 6,166 shares of the company's stock valued at $547,000 after acquiring an additional 156 shares during the last quarter. Fox Run Management L.L.C. boosted its holdings in shares of Visteon by 63.0% in the 4th quarter. Fox Run Management L.L.C. now owns 14,317 shares of the company's stock worth $1,270,000 after acquiring an additional 5,535 shares in the last quarter. KLP Kapitalforvaltning AS bought a new stake in Visteon during the 4th quarter worth approximately $515,000. Finally, Sei Investments Co. increased its holdings in Visteon by 93.2% during the 4th quarter. Sei Investments Co. now owns 147,603 shares of the company's stock valued at $13,095,000 after purchasing an additional 71,202 shares in the last quarter. Institutional investors own 99.71% of the company's stock.

Visteon Trading Down 0.3 %

NASDAQ:VC traded down $0.24 during mid-day trading on Tuesday, hitting $77.38. The company had a trading volume of 249,985 shares, compared to its average volume of 295,945. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.47 and a current ratio of 1.74. Visteon Co. has a fifty-two week low of $75.75 and a fifty-two week high of $117.94. The firm has a market cap of $2.10 billion, a P/E ratio of 7.89, a P/E/G ratio of 0.42 and a beta of 1.39. The business's fifty day moving average is $83.76 and its two-hundred day moving average is $88.31.

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Visteon (NASDAQ:VC - Get Free Report) last announced its quarterly earnings results 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. Visteon had a net margin of 7.09% and a return on equity of 24.58%. The business 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 earnings per share for the current year.

Wall Street Analysts Forecast Growth

VC has been the topic of several research analyst reports. Barclays decreased their target price on Visteon from $115.00 to $110.00 and set an "overweight" rating on the stock in a report on Monday, March 3rd. TD Cowen began coverage on shares of Visteon in a research note on Friday, March 7th. They issued a "buy" rating and a $108.00 target price for the company. Morgan Stanley decreased their price target on shares of Visteon from $100.00 to $95.00 and set an "equal weight" rating on the stock in a research note on Monday, March 3rd. Wells Fargo & Company raised their price target on shares of Visteon from $119.00 to $124.00 and gave the company an "overweight" rating in a report on Wednesday, February 19th. Finally, Royal Bank of Canada reduced their price objective on Visteon from $127.00 to $100.00 and set an "outperform" rating on the stock in a report on Wednesday, February 19th. Six research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, Visteon presently has a consensus rating of "Moderate Buy" and an average target price of $117.25.

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.