Mirabella Financial Services LLP Has $1.63 Million Stock Holdings in Visteon Co. (NASDAQ:VC)

Mirabella Financial Services LLP grew its holdings in Visteon Co. (NASDAQ:VC - Free Report) by 361.3% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 17,096 shares of the company's stock after acquiring an additional 13,390 shares during the period. Mirabella Financial Services LLP owned about 0.06% of Visteon worth $1,628,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also modified their holdings of the company. Signaturefd LLC raised its position in shares of Visteon by 70.8% during the 2nd quarter. Signaturefd LLC now owns 287 shares of the company's stock worth $31,000 after acquiring an additional 119 shares in the last quarter. Mather Group LLC. acquired a new position in Visteon during the second quarter worth approximately $59,000. KBC Group NV lifted its stake in Visteon by 37.7% in the third quarter. KBC Group NV now owns 902 shares of the company's stock valued at $86,000 after buying an additional 247 shares during the last quarter. Acadian Asset Management LLC acquired a new position in shares of Visteon in the 2nd quarter valued at $89,000. Finally, nVerses Capital LLC raised its position in Visteon by 22.2% in the 2nd quarter. nVerses Capital LLC now owns 1,100 shares of the company's stock valued at $117,000 after purchasing an additional 200 shares during the last quarter. Hedge funds and other institutional investors own 99.71% of the company's stock.

Visteon Price Performance

Shares of NASDAQ:VC traded up $3.85 during trading on Monday, reaching $95.86. The company had a trading volume of 249,023 shares, compared to its average volume of 276,235. The firm's fifty day moving average is $92.23 and its 200 day moving average is $100.89. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.47 and a current ratio of 1.82. The firm has a market capitalization of $2.65 billion, a PE ratio of 5.00, a price-to-earnings-growth ratio of 0.44 and a beta of 1.45. Visteon Co. has a twelve month low of $86.27 and a twelve month high of $131.70.

Visteon (NASDAQ:VC - Get Free Report) last issued its quarterly earnings results on Thursday, October 24th. The company reported $2.26 EPS for the quarter, topping the consensus estimate of $1.89 by $0.37. Visteon had a net margin of 13.22% and a return on equity of 46.19%. The firm had revenue of $980.00 million for the quarter, compared to analysts' expectations of $965.60 million. During the same period in the previous year, the business earned $2.35 earnings per share. Visteon's revenue for the quarter was down 3.4% compared to the same quarter last year. On average, equities analysts forecast that Visteon Co. will post 8.2 EPS for the current year.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on VC shares. JPMorgan Chase & Co. dropped their target price on shares of Visteon from $132.00 to $122.00 and set a "neutral" rating for the company in a report on Monday, October 21st. Wolfe Research began coverage on Visteon in a research report on Thursday, September 5th. They set a "peer perform" rating for the company. Morgan Stanley decreased their target price on shares of Visteon from $135.00 to $100.00 and set an "equal weight" rating on the stock in a research report on Wednesday, August 14th. The Goldman Sachs Group cut their price objective on Visteon from $130.00 to $117.00 and set a "buy" rating on the stock in a research report on Tuesday, October 1st. Finally, Royal Bank of Canada decreased their target price on Visteon from $129.00 to $124.00 and set an "outperform" rating for the company in a research report on Friday, October 25th. Seven investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $127.57.

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.