Tower Research Capital LLC TRC Boosts Stock Holdings in Visteon Co. (NASDAQ:VC)

Tower Research Capital LLC TRC increased its position in Visteon Co. (NASDAQ:VC - Free Report) by 624.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 11,075 shares of the company's stock after buying an additional 9,547 shares during the quarter. Tower Research Capital LLC TRC's holdings in Visteon were worth $983,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Quadrant Capital Group LLC lifted its position in Visteon by 225.3% during the 4th quarter. Quadrant Capital Group LLC now owns 501 shares of the company's stock worth $44,000 after acquiring an additional 347 shares in the last quarter. Signaturefd LLC grew its holdings in Visteon by 62.5% during the 4th quarter. Signaturefd LLC now owns 684 shares of the company's stock valued at $61,000 after purchasing an additional 263 shares in the last quarter. Nomura Asset Management Co. Ltd. increased its stake in Visteon by 884.2% during the 4th quarter. Nomura Asset Management Co. Ltd. now owns 1,181 shares of the company's stock worth $105,000 after buying an additional 1,061 shares during the period. Nisa Investment Advisors LLC grew its stake in shares of Visteon by 136.8% during the fourth quarter. Nisa Investment Advisors LLC now owns 1,305 shares of the company's stock valued at $116,000 after acquiring an additional 754 shares in the last quarter. Finally, KBC Group NV increased its position in shares of Visteon by 49.9% during the fourth quarter. KBC Group NV now owns 1,352 shares of the company's stock worth $120,000 after acquiring an additional 450 shares during the last quarter. Institutional investors and hedge funds own 99.71% of the company's stock.

Visteon Stock Performance

VC opened at $78.99 on Friday. The company has a current ratio of 1.74, a quick ratio of 1.47 and a debt-to-equity ratio of 0.23. The business's 50 day moving average is $79.25 and its 200-day moving average is $85.46. The stock has a market cap of $2.14 billion, a PE ratio of 8.05, a price-to-earnings-growth ratio of 0.42 and a beta of 1.32. Visteon Co. has a twelve month low of $65.10 and a twelve month high of $117.94.

Visteon (NASDAQ:VC - Get Free Report) last announced its quarterly earnings results on Thursday, April 24th. The company reported $2.40 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.70 by $0.70. The company 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%. On average, analysts predict that Visteon Co. will post 8.42 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of research firms have commented on VC. Guggenheim reduced their price objective on shares of Visteon from $108.00 to $91.00 and set a "buy" rating on the stock in a research note on Tuesday. Barclays reiterated an "equal weight" rating and issued a $82.00 price target (down from $110.00) on shares of Visteon in a research note on Tuesday, April 15th. Robert W. Baird increased their target price on Visteon from $76.00 to $86.00 and gave the stock a "neutral" rating in a report on Friday. The Goldman Sachs Group reiterated a "neutral" rating and issued a $74.00 price target (down from $103.00) on shares of Visteon in a report on Thursday, April 10th. Finally, Wells Fargo & Company raised their price objective on Visteon from $119.00 to $124.00 and gave the stock an "overweight" rating in a research note on Wednesday, February 19th. Nine research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus price target of $100.67.

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.

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