Visteon Co. (NASDAQ:VC) Shares Sold by Headlands Technologies LLC

Headlands Technologies LLC cut its holdings in shares of Visteon Co. (NASDAQ:VC) by 40.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 743 shares of the company’s stock after selling 513 shares during the quarter. Headlands Technologies LLC’s holdings in Visteon were worth $93,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Fifth Third Bancorp boosted its position in shares of Visteon by 3.0% during the 3rd quarter. Fifth Third Bancorp now owns 2,988 shares of the company’s stock valued at $413,000 after acquiring an additional 86 shares during the last quarter. PNC Financial Services Group Inc. raised its stake in Visteon by 1.9% during the third quarter. PNC Financial Services Group Inc. now owns 5,111 shares of the company’s stock worth $706,000 after purchasing an additional 94 shares during the period. Covestor Ltd boosted its holdings in Visteon by 105.7% in the 3rd quarter. Covestor Ltd now owns 216 shares of the company’s stock valued at $30,000 after purchasing an additional 111 shares during the last quarter. DekaBank Deutsche Girozentrale grew its stake in shares of Visteon by 1.7% in the 3rd quarter. DekaBank Deutsche Girozentrale now owns 8,574 shares of the company’s stock valued at $1,190,000 after buying an additional 140 shares during the period. Finally, CWM LLC grew its stake in shares of Visteon by 53.6% in the 4th quarter. CWM LLC now owns 401 shares of the company’s stock valued at $50,000 after buying an additional 140 shares during the period. Hedge funds and other institutional investors own 99.71% of the company’s stock.

Analysts Set New Price Targets

VC has been the topic of several recent analyst reports. Bank of America decreased their price target on Visteon from $165.00 to $160.00 and set a “buy” rating on the stock in a research note on Thursday, February 29th. Guggenheim lowered their target price on shares of Visteon from $136.00 to $126.00 and set a “buy” rating for the company in a research note on Wednesday, April 17th. Robert W. Baird dropped their price target on shares of Visteon from $140.00 to $137.00 and set an “outperform” rating for the company in a research report on Friday. Wells Fargo & Company upgraded shares of Visteon from an “underweight” rating to an “equal weight” rating and upped their price objective for the stock from $106.00 to $108.00 in a report on Friday. Finally, UBS Group upgraded shares of Visteon from a “neutral” rating to a “buy” rating and lifted their target price for the company from $143.00 to $145.00 in a report on Wednesday, January 17th. Four analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $142.36.

Visteon Trading Up 0.6 %

Shares of Visteon stock opened at $112.81 on Tuesday. The company has a current ratio of 1.74, a quick ratio of 1.37 and a debt-to-equity ratio of 0.28. Visteon Co. has a 12-month low of $105.19 and a 12-month high of $159.87. The stock has a market cap of $3.11 billion, a price-to-earnings ratio of 6.45, a PEG ratio of 0.51 and a beta of 1.65. The company has a fifty day simple moving average of $113.46 and a 200-day simple moving average of $118.08.

Visteon (NASDAQ:VC) last issued its quarterly earnings results on Thursday, April 25th. The company reported $1.61 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.75 by ($0.14). Visteon had a net margin of 12.60% and a return on equity of 53.49%. The company had revenue of $933.00 million during the quarter, compared to analyst estimates of $971.45 million. During the same quarter last year, the firm earned $1.25 EPS. The business’s revenue was down 3.5% on a year-over-year basis. On average, equities analysts forecast that Visteon Co. will post 8.68 EPS for the current fiscal 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.