Visteon Co. (NASDAQ:VC) Shares Acquired by Vanguard Personalized Indexing Management LLC

Vanguard Personalized Indexing Management LLC boosted its stake in Visteon Co. (NASDAQ:VC) by 62.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,193 shares of the company’s stock after buying an additional 1,614 shares during the period. Vanguard Personalized Indexing Management LLC’s holdings in Visteon were worth $524,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Teacher Retirement System of Texas raised its stake in Visteon by 2.4% during the 3rd quarter. Teacher Retirement System of Texas now owns 10,494 shares of the company’s stock valued at $1,449,000 after acquiring an additional 246 shares in the last quarter. Victory Capital Management Inc. lifted its holdings in Visteon by 7.7% in the third quarter. Victory Capital Management Inc. now owns 1,095,298 shares of the company’s stock worth $151,228,000 after purchasing an additional 78,497 shares during the period. Assenagon Asset Management S.A. grew its position in Visteon by 10.1% in the 3rd quarter. Assenagon Asset Management S.A. now owns 179,723 shares of the company’s stock valued at $24,814,000 after buying an additional 16,449 shares in the last quarter. Arizona State Retirement System raised its position in shares of Visteon by 1.9% during the 3rd quarter. Arizona State Retirement System now owns 8,072 shares of the company’s stock worth $1,115,000 after buying an additional 154 shares in the last quarter. Finally, Fox Run Management L.L.C. lifted its stake in shares of Visteon by 32.7% in the 3rd quarter. Fox Run Management L.L.C. now owns 5,049 shares of the company’s stock worth $697,000 after acquiring an additional 1,244 shares during the period. 99.71% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

VC has been the topic of several recent analyst reports. Guggenheim dropped their target price on Visteon from $136.00 to $126.00 and set a “buy” rating on the stock in a report on Wednesday, April 17th. JPMorgan Chase & Co. dropped their price objective on Visteon from $146.00 to $145.00 and set a “neutral” rating on the stock in a research note on Monday, April 22nd. Robert W. Baird lowered their target price on Visteon from $140.00 to $137.00 and set an “outperform” rating on the stock in a report on Friday, April 26th. Wells Fargo & Company raised shares of Visteon from an “underweight” rating to an “equal weight” rating and upped their price target for the company from $106.00 to $108.00 in a report on Friday, April 26th. Finally, Morgan Stanley dropped their target price on shares of Visteon from $145.00 to $135.00 and set an “equal weight” rating on the stock in a report on Friday, May 10th. Five equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $141.75.

Visteon Stock Up 1.0 %

Visteon stock opened at $109.85 on Friday. Visteon Co. has a twelve month low of $105.19 and a twelve month high of $159.87. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.37 and a current ratio of 1.74. The firm has a market cap of $3.03 billion, a PE ratio of 6.28, a P/E/G ratio of 0.50 and a beta of 1.66. The firm’s 50 day moving average price is $112.97 and its two-hundred day moving average price is $117.01.

Visteon (NASDAQ:VC) last posted its quarterly earnings results on Thursday, April 25th. The company reported $1.61 earnings per share for the quarter, missing analysts’ consensus estimates of $1.75 by ($0.14). Visteon had a return on equity of 53.49% and a net margin of 12.60%. The firm had revenue of $933.00 million for the quarter, compared to analysts’ expectations of $971.45 million. During the same period last year, the business earned $1.25 earnings per share. The firm’s revenue for the quarter was down 3.5% on a year-over-year basis. On average, research analysts predict that Visteon Co. will post 8.49 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.