Value Holdings Management CO. LLC Has $2.80 Million Stock Position in Visteon Co. (NASDAQ:VC)

Value Holdings Management CO. LLC increased its holdings in Visteon Co. (NASDAQ:VC) by 90.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 31,500 shares of the company’s stock after acquiring an additional 15,000 shares during the period. Visteon comprises 0.5% of Value Holdings Management CO. LLC’s investment portfolio, making the stock its 29th biggest holding. Value Holdings Management CO. LLC’s holdings in Visteon were worth $2,795,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Signaturefd LLC grew its stake in Visteon by 46.7% in the 3rd quarter. Signaturefd LLC now owns 421 shares of the company’s stock valued at $40,000 after purchasing an additional 134 shares during the period. Franklin Resources Inc. boosted its holdings in shares of Visteon by 0.8% in the 3rd quarter. Franklin Resources Inc. now owns 20,620 shares of the company’s stock worth $1,881,000 after buying an additional 171 shares during the last quarter. Covestor Ltd increased its holdings in Visteon by 14.8% during the third quarter. Covestor Ltd now owns 1,567 shares of the company’s stock worth $149,000 after buying an additional 202 shares during the last quarter. State of Alaska Department of Revenue increased its holdings in Visteon by 7.2% during the third quarter. State of Alaska Department of Revenue now owns 3,221 shares of the company’s stock worth $306,000 after buying an additional 215 shares during the last quarter. Finally, KBC Group NV raised its position in Visteon by 37.7% in the third quarter. KBC Group NV now owns 902 shares of the company’s stock worth $86,000 after acquiring an additional 247 shares during the period. Institutional investors and hedge funds own 99.71% of the company’s stock.

Visteon Trading Down 0.3 %

Visteon stock traded down $0.26 during mid-day trading on Friday, reaching $84.03. 211,444 shares of the company traded hands, compared to its average volume of 253,435. The firm’s 50 day moving average price is $89.63 and its 200 day moving average price is $95.48. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.82 and a quick ratio of 1.47. The firm has a market capitalization of $2.32 billion, a price-to-earnings ratio of 4.56, a P/E/G ratio of 0.36 and a beta of 1.45. Visteon Co. has a 52-week low of $81.74 and a 52-week high of $123.73.

Visteon (NASDAQ:VC) last released its earnings results on Thursday, October 24th. The company reported $2.26 earnings per share for the quarter, topping 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 firm had revenue of $980.00 million for the quarter, compared to the consensus estimate of $965.60 million. During the same period in the prior year, the firm earned $2.35 EPS. The company’s revenue was down 3.4% compared to the same quarter last year. On average, analysts anticipate that Visteon Co. will post 8.2 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

VC has been the subject of several research analyst reports. Royal Bank of Canada decreased their price target on shares of Visteon from $129.00 to $124.00 and set an “outperform” rating for the company in a research note on Friday, October 25th. Wells Fargo & Company decreased their target price on Visteon from $122.00 to $119.00 and set an “overweight” rating for the company in a research report on Monday, December 16th. JPMorgan Chase & Co. cut their price target on Visteon from $132.00 to $122.00 and set a “neutral” rating for the company in a research note on Monday, October 21st. Barclays lowered their price objective on Visteon from $145.00 to $140.00 and set an “overweight” rating on the stock in a research note on Tuesday, October 15th. Finally, The Goldman Sachs Group reduced their target price on shares of Visteon from $130.00 to $117.00 and set a “buy” rating for the company in a research note on Tuesday, October 1st. Six equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $127.15.

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.