Universal Beteiligungs und Servicegesellschaft mbH Grows Stock Holdings in Visteon Corporation $VC

Universal Beteiligungs und Servicegesellschaft mbH grew its position in shares of Visteon Corporation (NASDAQ:VC) by 146.1% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 58,531 shares of the company’s stock after acquiring an additional 34,751 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH owned about 0.21% of Visteon worth $7,016,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of VC. Wealth Enhancement Advisory Services LLC increased its holdings in Visteon by 14.4% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 7,568 shares of the company’s stock valued at $894,000 after purchasing an additional 953 shares during the period. Yorktown Management & Research Co Inc bought a new stake in shares of Visteon in the 3rd quarter worth approximately $240,000. Sequoia Financial Advisors LLC increased its stake in shares of Visteon by 8.3% during the third quarter. Sequoia Financial Advisors LLC now owns 2,689 shares of the company’s stock valued at $322,000 after buying an additional 205 shares during the period. Nordea Investment Management AB raised its holdings in shares of Visteon by 11.0% during the third quarter. Nordea Investment Management AB now owns 135,025 shares of the company’s stock valued at $16,216,000 after acquiring an additional 13,415 shares in the last quarter. Finally, Meeder Asset Management Inc. lifted its stake in Visteon by 66.8% in the third quarter. Meeder Asset Management Inc. now owns 2,097 shares of the company’s stock worth $251,000 after acquiring an additional 840 shares during the period. 99.71% of the stock is owned by institutional investors.

Insider Buying and Selling

In other news, CEO Sachin Lawande sold 595 shares of the stock in a transaction on Monday, November 3rd. The stock was sold at an average price of $110.02, for a total value of $65,461.90. Following the sale, the chief executive officer directly owned 175,527 shares of the company’s stock, valued at approximately $19,311,480.54. This represents a 0.34% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 2.00% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on VC shares. Barclays reduced their price objective on shares of Visteon from $130.00 to $110.00 and set an “equal weight” rating on the stock in a research report on Friday. Wells Fargo & Company decreased their price target on shares of Visteon from $151.00 to $148.00 and set an “overweight” rating for the company in a research note on Tuesday, December 9th. Wall Street Zen cut Visteon from a “buy” rating to a “hold” rating in a research report on Saturday, November 1st. Royal Bank Of Canada upped their target price on Visteon from $136.00 to $138.00 and gave the stock an “outperform” rating in a report on Friday, October 24th. Finally, JPMorgan Chase & Co. increased their target price on Visteon from $104.00 to $122.00 and gave the stock a “neutral” rating in a research report on Monday, October 20th. Nine investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $127.15.

Visteon Price Performance

Shares of NASDAQ VC opened at $91.41 on Monday. Visteon Corporation has a fifty-two week low of $65.10 and a fifty-two week high of $129.10. The company has a 50 day simple moving average of $99.28 and a two-hundred day simple moving average of $110.36. The company has a market capitalization of $2.49 billion, a price-to-earnings ratio of 8.21 and a beta of 1.15. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.56 and a current ratio of 1.89.

Visteon (NASDAQ:VC) last issued its quarterly earnings results on Thursday, October 23rd. The company reported $2.15 EPS for the quarter, topping analysts’ consensus estimates of $2.07 by $0.08. The firm had revenue of $917.00 million for the quarter, compared to analysts’ expectations of $945.41 million. Visteon had a return on equity of 21.85% and a net margin of 8.22%.The business’s revenue for the quarter was down 6.4% compared to the same quarter last year. During the same period in the previous year, the firm posted $2.26 EPS. Analysts expect that Visteon Corporation will post 8.42 EPS for the current fiscal year.

About Visteon

Visteon Corporation is a global automotive electronics supplier that specializes in designing, engineering and manufacturing cockpit electronics and connected vehicle solutions. The company’s product portfolio spans digital instrument clusters, infotainment systems, domain controllers and advanced driver interaction technologies. By integrating hardware, software and services, Visteon aims to deliver complete cockpit electronics platforms that enhance driver experience, safety and connectivity.

Founded in 2000 as a spin-off from Ford Motor Company, Visteon has evolved its focus toward next-generation electronics and software-driven vehicle architectures.