Visteon Co. (NASDAQ:VC) Shares Sold by Marshall Wace LLP

Marshall Wace LLP decreased its position in shares of Visteon Co. (NASDAQ:VC - Free Report) by 30.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 39,920 shares of the company's stock after selling 17,504 shares during the quarter. Marshall Wace LLP owned about 0.14% of Visteon worth $3,542,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of the company. Nordea Investment Management AB acquired a new position in Visteon during the fourth quarter worth about $7,730,000. Charles Schwab Investment Management Inc. grew its stake in shares of Visteon by 7.4% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 366,609 shares of the company's stock worth $32,526,000 after purchasing an additional 25,319 shares during the last quarter. Sei Investments Co. raised its holdings in shares of Visteon by 93.2% in the 4th quarter. Sei Investments Co. now owns 147,603 shares of the company's stock worth $13,095,000 after purchasing an additional 71,202 shares in the last quarter. JPMorgan Chase & Co. lifted its stake in Visteon by 2.7% during the fourth quarter. JPMorgan Chase & Co. now owns 656,347 shares of the company's stock valued at $58,231,000 after purchasing an additional 17,526 shares during the last quarter. Finally, Value Holdings Management CO. LLC boosted its holdings in Visteon by 90.9% during the fourth quarter. Value Holdings Management CO. LLC now owns 31,500 shares of the company's stock worth $2,795,000 after buying an additional 15,000 shares in the last quarter. Institutional investors own 99.71% of the company's stock.

Visteon Stock Up 1.2 %

Shares of NASDAQ 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 firm has a market capitalization 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. The firm's 50-day moving average is $79.25 and its 200-day moving average is $85.46. Visteon Co. has a 1 year low of $65.10 and a 1 year high of $117.94.

Visteon (NASDAQ:VC - Get Free Report) last posted its earnings results on Thursday, April 24th. The company reported $2.40 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.70 by $0.70. Visteon had a return on equity of 24.58% and a net margin of 7.09%. The company had revenue of $934.00 million during the quarter, compared to analyst estimates of $906.38 million. Equities analysts expect that Visteon Co. will post 8.42 EPS for the current year.

Wall Street Analysts Forecast Growth

VC has been the topic of several recent analyst reports. Robert W. Baird boosted their price objective on Visteon from $76.00 to $86.00 and gave the stock a "neutral" rating in a report on Friday. Royal Bank of Canada decreased their price objective on shares of Visteon from $127.00 to $100.00 and set an "outperform" rating for the company in a research note on Wednesday, February 19th. Guggenheim cut their target price on shares of Visteon from $108.00 to $91.00 and set a "buy" rating on the stock in a research note on Tuesday. UBS Group reaffirmed a "neutral" rating and issued a $76.00 target price (down previously from $114.00) on shares of Visteon in a research report on Thursday, April 10th. Finally, Morgan Stanley dropped their price target on Visteon from $100.00 to $95.00 and set an "equal weight" rating on the stock in a research report on Monday, March 3rd. Nine analysts have rated the stock with a hold rating and six have given a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average 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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