Vanguard Group Inc. Has $258.11 Million Holdings in Visteon Co. (NASDAQ:VC)

Vanguard Group Inc. boosted its holdings in Visteon Co. (NASDAQ:VC - Free Report) by 0.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,909,217 shares of the company's stock after acquiring an additional 16,442 shares during the quarter. Vanguard Group Inc. owned about 10.53% of Visteon worth $258,106,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of VC. Signaturefd LLC boosted its position in shares of Visteon by 62.5% in the 4th quarter. Signaturefd LLC now owns 684 shares of the company's stock valued at $61,000 after purchasing an additional 263 shares during the period. Nisa Investment Advisors LLC lifted its stake in 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 buying an additional 754 shares in the last quarter. KBC Group NV boosted its holdings in shares of Visteon by 49.9% in the fourth quarter. KBC Group NV now owns 1,352 shares of the company's stock worth $120,000 after buying an additional 450 shares during the period. Morse Asset Management Inc purchased a new position in shares of Visteon in the third quarter worth approximately $164,000. Finally, Entropy Technologies LP acquired a new stake in shares of Visteon during the fourth quarter valued at approximately $214,000. 99.71% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research firms have weighed in on VC. 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 report on Wednesday, February 19th. Wells Fargo & Company lifted their price target on Visteon from $119.00 to $124.00 and gave the company an "overweight" rating in a report on Wednesday, February 19th. 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. Barclays dropped 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. Finally, TD Cowen started coverage on shares of Visteon in a report on Friday, March 7th. They set a "buy" rating and a $108.00 price target for the company. Six analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. Based on data from MarketBeat.com, Visteon currently has an average rating of "Moderate Buy" and a consensus price target of $117.25.

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Visteon Stock Up 9.7 %

Visteon stock traded up $6.51 during mid-day trading on Wednesday, hitting $73.77. 510,018 shares of the company's stock were exchanged, compared to its average volume of 300,647. Visteon Co. has a 1-year low of $65.76 and a 1-year high of $117.94. The stock has a 50 day moving average of $81.65 and a two-hundred day moving average of $87.21. 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 stock has a market cap 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.

Visteon (NASDAQ:VC - Get Free Report) last issued its quarterly earnings data on Tuesday, February 18th. The company reported $4.44 EPS for the quarter, beating analysts' consensus estimates of $1.97 by $2.47. Visteon had a return on equity of 24.58% and a net margin of 7.09%. The business had revenue of $939.00 million for the quarter, compared to analyst estimates of $954.17 million. As a group, analysts anticipate that Visteon Co. will post 8.42 EPS for the current fiscal year.

About Visteon

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.