Curi RMB Capital LLC Acquires 4,282 Shares of Visteon Co. (NASDAQ:VC)

Curi RMB Capital LLC increased its stake in shares of Visteon Co. (NASDAQ:VC) by 4.1% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 109,794 shares of the company’s stock after buying an additional 4,282 shares during the quarter. Curi RMB Capital LLC owned 0.40% of Visteon worth $10,457,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of the stock. Signaturefd LLC grew its holdings in shares of Visteon by 70.8% during the second quarter. Signaturefd LLC now owns 287 shares of the company’s stock worth $31,000 after purchasing an additional 119 shares during the last quarter. Mather Group LLC. acquired a new position in Visteon during the 2nd quarter valued at about $59,000. KBC Group NV lifted its holdings in Visteon by 37.7% in the third quarter. KBC Group NV now owns 902 shares of the company’s stock valued at $86,000 after buying an additional 247 shares during the period. Acadian Asset Management LLC acquired a new stake in Visteon during the 2nd quarter worth $89,000. Finally, Motco bought a new position in shares of Visteon in the 1st quarter worth $106,000. Institutional investors and hedge funds own 99.71% of the company’s stock.

Visteon Stock Down 1.8 %

NASDAQ:VC opened at $92.11 on Friday. The firm has a market capitalization of $2.54 billion, a price-to-earnings ratio of 5.00, a price-to-earnings-growth ratio of 0.46 and a beta of 1.45. The company has a quick ratio of 1.47, a current ratio of 1.82 and a debt-to-equity ratio of 0.24. Visteon Co. has a twelve month low of $86.77 and a twelve month high of $131.70. The stock’s 50 day moving average price is $92.58 and its two-hundred day moving average price is $102.09.

Visteon (NASDAQ:VC) last announced its quarterly earnings data on Thursday, October 24th. The company reported $2.26 EPS for the quarter, beating analysts’ consensus estimates of $1.89 by $0.37. Visteon had a net margin of 13.22% and a return on equity of 46.19%. The company had revenue of $980.00 million during the quarter, compared to the consensus estimate of $965.60 million. During the same quarter last year, the firm posted $2.35 EPS. The company’s quarterly revenue was down 3.4% on a year-over-year basis. Equities research analysts expect that Visteon Co. will post 8.04 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on VC shares. Wolfe Research assumed coverage on Visteon in a research report on Thursday, September 5th. They set a “peer perform” rating for the company. Royal Bank of Canada lowered their price objective on shares of Visteon from $129.00 to $124.00 and set an “outperform” rating for the company in a research report on Friday, October 25th. Wells Fargo & Company upgraded Visteon from an “equal weight” rating to an “overweight” rating and increased their price target for the stock from $115.00 to $122.00 in a report on Friday, September 20th. Morgan Stanley cut their price objective on Visteon from $135.00 to $100.00 and set an “equal weight” rating on the stock in a report on Wednesday, August 14th. Finally, TD Cowen lowered their target price on Visteon from $142.00 to $140.00 and set a “buy” rating for the company in a research note on Friday, July 26th. Seven investment analysts have rated the stock with a hold rating and ten have given a buy rating to the company’s stock. Based on data from MarketBeat, Visteon presently has an average rating of “Moderate Buy” and an average price target of $127.57.

About Visteon

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.