Trexquant Investment LP Has $7.28 Million Stock Position in Visteon Co. (NASDAQ:VC)

Trexquant Investment LP lifted its holdings in shares of Visteon Co. (NASDAQ:VC - Free Report) by 36.2% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 82,092 shares of the company's stock after buying an additional 21,820 shares during the period. Trexquant Investment LP owned 0.30% of Visteon worth $7,283,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. LPL Financial LLC raised its holdings in shares of Visteon by 2.6% during the fourth quarter. LPL Financial LLC now owns 6,166 shares of the company's stock valued at $547,000 after buying an additional 156 shares during the last quarter. Franklin Resources Inc. increased its stake in Visteon by 0.8% during the 3rd quarter. Franklin Resources Inc. now owns 20,620 shares of the company's stock valued at $1,881,000 after buying an additional 171 shares during the period. Xponance Inc. raised its position in shares of Visteon by 4.7% during the 4th quarter. Xponance Inc. now owns 3,898 shares of the company's stock worth $346,000 after buying an additional 175 shares in the last quarter. Inspire Investing LLC lifted its stake in shares of Visteon by 5.0% in the 4th quarter. Inspire Investing LLC now owns 4,533 shares of the company's stock worth $402,000 after acquiring an additional 216 shares during the period. Finally, Signaturefd LLC lifted its position in Visteon by 62.5% in the fourth quarter. Signaturefd LLC now owns 684 shares of the company's stock worth $61,000 after purchasing an additional 263 shares during the period. Institutional investors and hedge funds own 99.71% of the company's stock.

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Wall Street Analysts Forecast Growth

VC has been the topic of a number of research analyst reports. Morgan Stanley lowered their target price 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 lifted their target price on Visteon from $119.00 to $124.00 and gave the stock an "overweight" rating in a report on Wednesday, February 19th. TD Cowen began coverage on Visteon in a report on Friday, March 7th. They set a "buy" rating and a $108.00 target price for the company. Royal Bank of Canada decreased their target price on shares of Visteon from $127.00 to $100.00 and set an "outperform" rating for the company in a report on Wednesday, February 19th. Finally, Barclays reduced their price target on shares of Visteon from $115.00 to $110.00 and set an "overweight" rating for the company in a research report on Monday, March 3rd. Six equities research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $117.25.

Visteon Stock Up 9.7 %

Shares of NASDAQ:VC traded up $6.51 on Wednesday, reaching $73.77. The company had a trading volume of 510,018 shares, compared to its average volume of 300,647. The stock has a market capitalization of $2.00 billion, a P/E ratio of 7.52, a P/E/G ratio of 0.42 and a beta of 1.32. 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 stock has a 50-day moving average price of $81.65 and a 200 day moving average price of $87.21. Visteon Co. has a twelve month low of $65.59 and a twelve month high of $117.94.

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, topping 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 during the quarter, compared to analysts' expectations of $954.17 million. On average, equities analysts expect that Visteon Co. will post 8.42 EPS for the current year.

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.