3,838 Shares in Visteon Co. (NASDAQ:VC) Bought by Benjamin Edwards Inc.

Benjamin Edwards Inc. acquired a new position in Visteon Co. (NASDAQ:VC) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 3,838 shares of the company’s stock, valued at approximately $479,000.

A number of other large investors have also recently bought and sold shares of the business. Covestor Ltd boosted its holdings in Visteon by 105.7% during the third quarter. Covestor Ltd now owns 216 shares of the company’s stock valued at $30,000 after acquiring an additional 111 shares during the period. CWM LLC boosted its holdings in Visteon by 53.6% during the fourth quarter. CWM LLC now owns 401 shares of the company’s stock valued at $50,000 after acquiring an additional 140 shares during the period. Oliver Lagore Vanvalin Investment Group bought a new stake in Visteon during the fourth quarter valued at about $59,000. Headlands Technologies LLC boosted its holdings in Visteon by 38.3% during the third quarter. Headlands Technologies LLC now owns 1,256 shares of the company’s stock valued at $173,000 after acquiring an additional 348 shares during the period. Finally, Pathstone Family Office LLC bought a new stake in shares of Visteon in the third quarter valued at about $234,000. 99.71% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several research firms recently weighed in on VC. Wolfe Research reiterated a “peer perform” rating on shares of Visteon in a research note on Thursday, January 4th. Barclays upgraded shares of Visteon from an “equal weight” rating to an “overweight” rating and increased their target price for the company from $140.00 to $145.00 in a research note on Wednesday, April 10th. StockNews.com raised shares of Visteon from a “hold” rating to a “buy” rating in a research report on Thursday, January 11th. 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, April 26th. Finally, JPMorgan Chase & Co. reduced their price target on shares of Visteon from $146.00 to $145.00 and set a “neutral” rating on the stock in a research report on Monday, April 22nd. Four analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $142.36.

Visteon Stock Down 0.5 %

VC stock traded down $0.57 during midday trading on Friday, hitting $114.72. The company’s stock had a trading volume of 249,162 shares, compared to its average volume of 289,273. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.74 and a quick ratio of 1.37. Visteon Co. has a twelve month low of $105.19 and a twelve month high of $159.87. The company’s fifty day moving average price is $113.21 and its 200 day moving average price is $117.88. The stock has a market capitalization of $3.17 billion, a P/E ratio of 6.56, a PEG ratio of 0.52 and a beta of 1.66.

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 business had revenue of $933.00 million during the quarter, compared to analyst estimates of $971.45 million. During the same quarter in the previous year, the firm posted $1.25 earnings per share. The firm’s quarterly revenue was down 3.5% on a year-over-year basis. As a group, equities research analysts predict that Visteon Co. will post 8.45 EPS for the current year.

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.