Nisa Investment Advisors LLC Sells 760 Shares of Visteon Corporation (NASDAQ:VC)

Nisa Investment Advisors LLC lowered its position in shares of Visteon Corporation (NASDAQ:VCFree Report) by 58.2% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 545 shares of the company’s stock after selling 760 shares during the quarter. Nisa Investment Advisors LLC’s holdings in Visteon were worth $42,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in VC. UMB Bank n.a. increased its position in Visteon by 286.7% during the first quarter. UMB Bank n.a. now owns 437 shares of the company’s stock valued at $34,000 after acquiring an additional 324 shares during the last quarter. Parallel Advisors LLC grew its holdings in Visteon by 558.9% during the 1st quarter. Parallel Advisors LLC now owns 481 shares of the company’s stock worth $37,000 after acquiring an additional 408 shares in the last quarter. Quadrant Capital Group LLC grew its holdings in Visteon by 225.3% during the 4th quarter. Quadrant Capital Group LLC now owns 501 shares of the company’s stock worth $44,000 after acquiring an additional 347 shares in the last quarter. Signaturefd LLC grew its holdings in Visteon by 62.5% during the 4th quarter. Signaturefd LLC now owns 684 shares of the company’s stock worth $61,000 after acquiring an additional 263 shares in the last quarter. Finally, CX Institutional purchased a new stake in shares of Visteon during the first quarter valued at about $63,000. Hedge funds and other institutional investors own 99.71% of the company’s stock.

Insider Activity at Visteon

In other news, SVP Robert R. Vallance sold 2,000 shares of the business’s stock in a transaction dated Wednesday, July 2nd. The stock was sold at an average price of $100.15, for a total transaction of $200,300.00. Following the completion of the transaction, the senior vice president directly owned 20,838 shares of the company’s stock, valued at approximately $2,086,925.70. The trade was a 8.76% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 2.00% of the company’s stock.

Visteon Stock Down 0.9%

NASDAQ VC opened at $109.44 on Friday. Visteon Corporation has a 52 week low of $65.10 and a 52 week high of $117.94. The company has a quick ratio of 1.50, a current ratio of 1.83 and a debt-to-equity ratio of 0.21. The business’s fifty day simple moving average is $93.04 and its 200-day simple moving average is $85.32. The firm has a market cap of $2.98 billion, a PE ratio of 10.26 and a beta of 1.21.

Visteon (NASDAQ:VCGet Free Report) last issued its quarterly earnings data on Thursday, April 24th. The company reported $2.40 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.70 by $0.70. The firm had revenue of $934.00 million for the quarter, compared to analyst estimates of $906.38 million. Visteon had a net margin of 7.68% and a return on equity of 24.95%. Visteon’s revenue was up .1% on a year-over-year basis. During the same period in the previous year, the firm earned $1.61 EPS. As a group, equities analysts anticipate that Visteon Corporation will post 8.42 earnings per share for the current year.

Wall Street Analysts Forecast Growth

VC has been the subject of several research analyst reports. Wells Fargo & Company increased their price objective on shares of Visteon from $101.00 to $106.00 and gave the company an “overweight” rating in a research report on Tuesday, July 1st. Barclays increased their price target on shares of Visteon from $95.00 to $115.00 and gave the stock an “equal weight” rating in a report on Wednesday. Robert W. Baird upgraded shares of Visteon from a “neutral” rating to an “outperform” rating and increased their price target for the stock from $96.00 to $125.00 in a report on Friday, July 11th. Guggenheim cut their price target on shares of Visteon from $108.00 to $91.00 and set a “buy” rating on the stock in a report on Tuesday, April 22nd. Finally, Baird R W upgraded shares of Visteon from a “hold” rating to a “strong-buy” rating in a report on Friday, July 11th. Five research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, Visteon currently has a consensus rating of “Moderate Buy” and a consensus target price of $106.25.

Get Our Latest Stock Report on VC

Visteon Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Visteon (NASDAQ:VC)

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