Visteon Corp (VC) Shares Bought by Moody Aldrich Partners LLC

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Moody Aldrich Partners LLC lifted its holdings in Visteon Corp (NYSE:VC) by 69.3% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 26,917 shares of the auto parts company’s stock after buying an additional 11,020 shares during the quarter. Moody Aldrich Partners LLC owned 0.09% of Visteon worth $3,479,000 as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of VC. James Investment Research Inc. acquired a new position in Visteon in the second quarter valued at $147,000. US Bancorp DE increased its stake in Visteon by 261.2% in the first quarter. US Bancorp DE now owns 1,293 shares of the auto parts company’s stock valued at $143,000 after purchasing an additional 935 shares during the last quarter. BNP Paribas Arbitrage SA increased its stake in Visteon by 189.9% in the second quarter. BNP Paribas Arbitrage SA now owns 1,464 shares of the auto parts company’s stock valued at $189,000 after purchasing an additional 959 shares during the last quarter. Moneta Group Investment Advisors LLC increased its stake in Visteon by 92.9% in the second quarter. Moneta Group Investment Advisors LLC now owns 1,640 shares of the auto parts company’s stock valued at $212,000 after purchasing an additional 790 shares during the last quarter. Finally, GSA Capital Partners LLP acquired a new position in Visteon in the second quarter valued at $233,000.

Shares of NYSE VC traded down $0.92 on Friday, hitting $81.70. The company had a trading volume of 1,017,699 shares, compared to its average volume of 461,192. Visteon Corp has a 12-month low of $79.69 and a 12-month high of $140.64. The company has a quick ratio of 1.76, a current ratio of 1.97 and a debt-to-equity ratio of 0.47.

Visteon (NYSE:VC) last issued its earnings results on Thursday, July 26th. The auto parts company reported $1.37 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $1.47 by ($0.10). The company had revenue of $758.00 million during the quarter, compared to analysts’ expectations of $794.15 million. Visteon had a return on equity of 29.13% and a net margin of 4.83%. Visteon’s quarterly revenue was down 2.1% on a year-over-year basis. During the same period in the previous year, the company earned $1.38 EPS. Analysts anticipate that Visteon Corp will post 6.23 EPS for the current fiscal year.

In other Visteon news, insider Robert R. Vallance sold 850 shares of the stock in a transaction that occurred on Tuesday, August 28th. The stock was sold at an average price of $116.85, for a total transaction of $99,322.50. Following the transaction, the insider now owns 4,414 shares of the company’s stock, valued at approximately $515,775.90. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, Director Harry James Wilson bought 2,500 shares of Visteon stock in a transaction on Wednesday, August 1st. The shares were purchased at an average cost of $116.71 per share, for a total transaction of $291,775.00. Following the acquisition, the director now owns 2,600 shares in the company, valued at $303,446. The disclosure for this purchase can be found here. Corporate insiders own 0.19% of the company’s stock.

Several equities analysts recently commented on VC shares. Guggenheim set a $140.00 target price on Visteon and gave the company a “buy” rating in a research note on Friday, July 27th. Cowen reiterated a “buy” rating and issued a $150.00 target price on shares of Visteon in a research note on Friday, July 27th. Longbow Research set a $145.00 target price on Visteon and gave the company a “buy” rating in a research note on Thursday, July 26th. Raymond James reiterated a “buy” rating on shares of Visteon in a research note on Monday, August 20th. Finally, Royal Bank of Canada restated a “hold” rating and set a $123.00 price target on shares of Visteon in a research note on Friday, July 27th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and twelve have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average target price of $137.21.

Visteon Profile

Visteon Corporation is a global automotive supplier that designs, engineers and manufactures electronics products for original equipment vehicle manufacturer (OEM), including Ford, Mazda, Nissan/Renault, General Motors, Honda BMW and Daimler. The Company operates through Electronics segment. The Electronics segment provides vehicle cockpit electronics products to customers, including instrument clusters, information displays, infotainment, audio systems, telematics solutions and head up displays.

See Also: Do stock splits help investors?

Institutional Ownership by Quarter for Visteon (NYSE:VC)

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