XTX Topco Ltd Acquires 990 Shares of Visteon Co. (NASDAQ:VC)

XTX Topco Ltd raised its holdings in shares of Visteon Co. (NASDAQ:VC) by 39.5% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 3,498 shares of the company’s stock after purchasing an additional 990 shares during the quarter. XTX Topco Ltd’s holdings in Visteon were worth $549,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in VC. O Shaughnessy Asset Management LLC raised its holdings in Visteon by 3.1% during the 4th quarter. O Shaughnessy Asset Management LLC now owns 2,142 shares of the company’s stock valued at $280,000 after buying an additional 65 shares during the period. PNC Financial Services Group Inc. raised its stake in shares of Visteon by 2.4% in the fourth quarter. PNC Financial Services Group Inc. now owns 2,880 shares of the company’s stock valued at $377,000 after acquiring an additional 67 shares during the period. Ellevest Inc. lifted its holdings in shares of Visteon by 6.5% in the 1st quarter. Ellevest Inc. now owns 1,367 shares of the company’s stock worth $214,000 after acquiring an additional 83 shares during the last quarter. Metropolitan Life Insurance Co. NY lifted its holdings in shares of Visteon by 5.2% in the 4th quarter. Metropolitan Life Insurance Co. NY now owns 1,712 shares of the company’s stock worth $224,000 after acquiring an additional 85 shares during the last quarter. Finally, Metropolitan Life Insurance Co NY boosted its stake in shares of Visteon by 5.2% during the 4th quarter. Metropolitan Life Insurance Co NY now owns 1,712 shares of the company’s stock worth $224,000 after purchasing an additional 85 shares during the period. 99.75% of the stock is owned by hedge funds and other institutional investors.

Visteon Price Performance

Shares of VC stock opened at $138.07 on Monday. The company has a current ratio of 1.75, a quick ratio of 1.39 and a debt-to-equity ratio of 0.42. The stock has a market cap of $3.89 billion, a P/E ratio of 30.02, a price-to-earnings-growth ratio of 0.61 and a beta of 1.83. The stock’s fifty day simple moving average is $145.97. Visteon Co. has a 1-year low of $103.46 and a 1-year high of $171.66.

Visteon (NASDAQ:VC) last announced its quarterly earnings data on Thursday, August 3rd. The company reported $1.18 EPS for the quarter, missing the consensus estimate of $1.58 by ($0.40). The company had revenue of $983.00 million during the quarter, compared to analysts’ expectations of $984.51 million. Visteon had a net margin of 3.27% and a return on equity of 20.35%. The business’s revenue for the quarter was up 15.9% compared to the same quarter last year. During the same period in the previous year, the business earned $1.34 earnings per share. As a group, equities research analysts anticipate that Visteon Co. will post 6.58 earnings per share for the current year.

Insider Buying and Selling at Visteon

In related news, CEO Sachin Lawande sold 10,000 shares of the stock in a transaction that occurred on Thursday, July 20th. The shares were sold at an average price of $153.72, for a total value of $1,537,200.00. Following the transaction, the chief executive officer now owns 246,352 shares in the company, valued at approximately $37,869,229.44. The sale was disclosed in a filing with the SEC, which is available through this link. Company insiders own 2.10% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts recently issued reports on VC shares. JPMorgan Chase & Co. boosted their price objective on Visteon from $156.00 to $157.00 and gave the company a “neutral” rating in a report on Thursday, July 20th. Barclays upped their price target on shares of Visteon from $130.00 to $135.00 and gave the stock an “underweight” rating in a report on Monday, August 7th. StockNews.com began coverage on shares of Visteon in a report on Wednesday, August 23rd. They set a “hold” rating for the company. Wells Fargo & Company upped their target price on shares of Visteon from $130.00 to $138.00 and gave the stock an “underweight” rating in a research note on Friday, August 4th. Finally, Wolfe Research upgraded Visteon from a “peer perform” rating to an “outperform” rating and set a $175.00 price target for the company in a report on Thursday, June 8th. Two analysts have rated the stock with a sell rating, four have assigned a hold rating and five have assigned a buy rating to the company’s stock. According to data from MarketBeat, Visteon presently has a consensus rating of “Hold” and an average target price of $165.67.

Visteon Profile

Visteon Corporation, an automotive technology company, designs and manufactures automotive electronics and connected car solutions for vehicle manufacturers worldwide. The company provides instrument clusters, including analog gauge clusters to 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, 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 assistant with natural language understanding.