California Public Employees Retirement System Grows Stock Position in Visteon Co. (NASDAQ:VC)

California Public Employees Retirement System lifted its holdings in shares of Visteon Co. (NASDAQ:VCGet Rating) by 0.2% during the second quarter, according to its most recent disclosure with the SEC. The fund owned 56,940 shares of the company’s stock after acquiring an additional 98 shares during the period. California Public Employees Retirement System’s holdings in Visteon were worth $5,898,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of the stock. SG Americas Securities LLC increased its position in shares of Visteon by 133.1% in the 1st quarter. SG Americas Securities LLC now owns 13,686 shares of the company’s stock valued at $1,494,000 after acquiring an additional 7,815 shares during the period. Mutual of America Capital Management LLC grew its stake in Visteon by 1.9% during the 1st quarter. Mutual of America Capital Management LLC now owns 25,532 shares of the company’s stock valued at $2,786,000 after purchasing an additional 487 shares during the last quarter. Envestnet Asset Management Inc. increased its holdings in shares of Visteon by 27.9% in the first quarter. Envestnet Asset Management Inc. now owns 18,544 shares of the company’s stock valued at $2,024,000 after purchasing an additional 4,048 shares during the period. ClariVest Asset Management LLC purchased a new position in shares of Visteon in the first quarter worth about $1,392,000. Finally, SWS Partners lifted its holdings in shares of Visteon by 29.8% during the first quarter. SWS Partners now owns 16,634 shares of the company’s stock worth $1,817,000 after purchasing an additional 3,820 shares during the period.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on VC shares. Morgan Stanley increased their price target on shares of Visteon from $107.00 to $115.00 and gave the stock an “equal weight” rating in a report on Friday, October 28th. Robert W. Baird boosted their target price on shares of Visteon from $131.00 to $142.00 in a research report on Friday, July 29th. The Goldman Sachs Group increased their price target on Visteon from $137.00 to $155.00 and gave the stock a “buy” rating in a research report on Tuesday, August 2nd. Guggenheim boosted their price objective on Visteon to $147.00 in a report on Tuesday, November 1st. Finally, StockNews.com assumed coverage on Visteon in a report on Wednesday, October 12th. They set a “hold” rating on the stock. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and eight have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $134.21.

Insider Buying and Selling

In other news, Director David L. Treadwell sold 2,000 shares of the business’s stock in a transaction dated Thursday, November 17th. The shares were sold at an average price of $140.59, for a total transaction of $281,180.00. Following the completion of the sale, the director now owns 3,003 shares of the company’s stock, valued at $422,191.77. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.80% of the stock is owned by insiders.

Visteon Trading Down 1.0 %

Shares of VC stock opened at $148.19 on Friday. Visteon Co. has a 1-year low of $88.82 and a 1-year high of $152.10. The company has a market cap of $4.17 billion, a price-to-earnings ratio of 34.87 and a beta of 1.78. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.63 and a quick ratio of 1.28. The stock has a 50 day simple moving average of $128.34 and a 200-day simple moving average of $122.68.

Visteon Company Profile

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Visteon Corporation, an automotive technology company, engineers, designs, and manufactures automotive electronics and connected car solutions for vehicle manufacturers worldwide. The company provides instrument clusters, including analog gauge clusters to 2-D and 3-D display-based devices; information displays that integrate a range of user interface technologies and graphics management capabilities, such as 3-D, active privacy, TrueColor enhancement, cameras, optics, haptic feedback, and light effects; and Phoenix, a display audio and embedded infotainment platform, as well as onboard artificial intelligence-based voice assistant with natural language understanding.

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Institutional Ownership by Quarter for Visteon (NASDAQ:VC)

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