Visteon Co. (NASDAQ:VC) Shares Sold by MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. reduced its position in Visteon Co. (NASDAQ:VC) by 9.5% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 55,620 shares of the company’s stock after selling 5,819 shares during the quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.’s holdings in Visteon were worth $4,935,000 as of its most recent filing with the SEC.

Several other institutional investors also recently bought and sold shares of the company. Barclays PLC lifted its holdings in shares of Visteon by 60.0% in the 3rd quarter. Barclays PLC now owns 63,716 shares of the company’s stock valued at $6,068,000 after buying an additional 23,893 shares during the period. Assenagon Asset Management S.A. raised its position in Visteon by 5.1% in the fourth quarter. Assenagon Asset Management S.A. now owns 77,003 shares of the company’s stock worth $6,832,000 after acquiring an additional 3,739 shares in the last quarter. Nisa Investment Advisors LLC lifted its holdings in Visteon by 136.8% in the fourth quarter. Nisa Investment Advisors LLC now owns 1,305 shares of the company’s stock valued at $116,000 after acquiring an additional 754 shares during the period. Inspire Investing LLC lifted its holdings in Visteon by 5.0% in the fourth quarter. Inspire Investing LLC now owns 4,533 shares of the company’s stock valued at $402,000 after acquiring an additional 216 shares during the period. Finally, KBC Group NV boosted its position in shares of Visteon by 49.9% during the 4th quarter. KBC Group NV now owns 1,352 shares of the company’s stock worth $120,000 after purchasing an additional 450 shares in the last quarter. 99.71% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on the stock. JPMorgan Chase & Co. increased their price target on shares of Visteon from $90.00 to $97.00 and gave the company a “neutral” rating in a report on Monday, May 5th. TD Cowen initiated coverage on shares of Visteon in a research report on Friday, March 7th. They set a “buy” rating and a $108.00 target price on the stock. Morgan Stanley dropped their target price on shares of Visteon from $100.00 to $95.00 and set an “equal weight” rating for the company in a report on Monday, March 3rd. Robert W. Baird boosted their price target on Visteon from $76.00 to $86.00 and gave the stock a “neutral” rating in a research note on Friday, April 25th. Finally, Guggenheim lowered their price target on Visteon from $108.00 to $91.00 and set a “buy” rating on the stock in a report on Tuesday, April 22nd. Nine investment analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to MarketBeat, Visteon currently has a consensus rating of “Hold” and an average price target of $98.58.

Visteon Trading Up 0.1%

Shares of Visteon stock opened at $86.85 on Monday. Visteon Co. has a 1 year low of $65.10 and a 1 year high of $117.94. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.74 and a quick ratio of 1.47. The business has a 50 day moving average price of $78.05 and a 200 day moving average price of $84.50. The company has a market capitalization of $2.37 billion, a P/E ratio of 8.85, a P/E/G ratio of 0.42 and a beta of 1.23.

Visteon (NASDAQ:VC) last released its quarterly earnings results on Thursday, April 24th. The company reported $2.40 earnings per share 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 the consensus estimate of $906.38 million. During the same quarter last year, the business posted $1.61 earnings per share. Visteon’s revenue was up .1% compared to the same quarter last year. Sell-side analysts anticipate that Visteon Co. will post 8.42 EPS for the current fiscal 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.