Visteon Corporation $VC Shares Bought by Value Holdings Management CO. LLC

Value Holdings Management CO. LLC grew its position in Visteon Corporation (NASDAQ:VC) by 34.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 42,500 shares of the company’s stock after purchasing an additional 11,000 shares during the quarter. Visteon makes up 0.7% of Value Holdings Management CO. LLC’s investment portfolio, making the stock its 24th largest position. Value Holdings Management CO. LLC’s holdings in Visteon were worth $4,041,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Amundi increased its holdings in Visteon by 1.3% in the second quarter. Amundi now owns 6,862 shares of the company’s stock valued at $706,000 after buying an additional 86 shares during the last quarter. Orion Porfolio Solutions LLC increased its stake in Visteon by 1.2% in the third quarter. Orion Porfolio Solutions LLC now owns 8,141 shares of the company’s stock valued at $976,000 after purchasing an additional 97 shares during the last quarter. Arizona State Retirement System lifted its position in shares of Visteon by 2.0% during the 3rd quarter. Arizona State Retirement System now owns 8,047 shares of the company’s stock worth $965,000 after buying an additional 155 shares during the last quarter. Merit Financial Group LLC boosted its holdings in shares of Visteon by 7.4% in the 3rd quarter. Merit Financial Group LLC now owns 2,480 shares of the company’s stock valued at $297,000 after buying an additional 171 shares in the last quarter. Finally, Hantz Financial Services Inc. grew its position in shares of Visteon by 72.0% in the 3rd quarter. Hantz Financial Services Inc. now owns 423 shares of the company’s stock valued at $51,000 after buying an additional 177 shares during the last quarter. Institutional investors and hedge funds own 99.71% of the company’s stock.

Insider Transactions at Visteon

In other news, CEO Sachin Lawande sold 49,453 shares of Visteon stock in a transaction that occurred on Wednesday, March 4th. The shares were sold at an average price of $93.44, for a total transaction of $4,620,888.32. Following the completion of the sale, the chief executive officer directly owned 175,527 shares in the company, valued at approximately $16,401,242.88. This trade represents a 21.98% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 2.00% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on the stock. Wells Fargo & Company reduced their price target on shares of Visteon from $148.00 to $125.00 and set an “overweight” rating for the company in a research report on Friday, February 20th. UBS Group cut their price target on Visteon from $130.00 to $120.00 and set a “buy” rating on the stock in a research report on Friday, February 20th. JPMorgan Chase & Co. lowered their target price on shares of Visteon from $118.00 to $110.00 and set a “neutral” rating on the stock in a research report on Monday, March 9th. Morgan Stanley lifted their target price on shares of Visteon from $95.00 to $114.00 and gave the company an “equal weight” rating in a report on Monday, December 8th. Finally, Wolfe Research downgraded shares of Visteon from an “outperform” rating to a “peer perform” rating in a research report on Monday, January 12th. Eight analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $122.33.

Visteon Stock Up 0.3%

VC stock opened at $87.84 on Friday. Visteon Corporation has a one year low of $65.10 and a one year high of $129.10. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.53 and a current ratio of 1.80. The company has a fifty day moving average of $94.05 and a 200-day moving average of $103.41. The stock has a market capitalization of $2.36 billion, a PE ratio of 9.31, a price-to-earnings-growth ratio of 1.06 and a beta of 1.15.

Visteon (NASDAQ:VC) last released its earnings results on Thursday, February 19th. The company reported $2.96 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.08 by $0.88. Visteon had a return on equity of 17.94% and a net margin of 6.93%.The company had revenue of $948.00 million for the quarter, compared to analysts’ expectations of $920.25 million. During the same quarter in the previous year, the firm posted $4.44 EPS. The firm’s quarterly revenue was up 1.0% on a year-over-year basis. As a group, analysts expect that Visteon Corporation will post 8.42 EPS for the current year.

Visteon Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 16th. Shareholders of record on Monday, March 2nd were issued a $0.375 dividend. This represents a $1.50 dividend on an annualized basis and a yield of 1.7%. This is a boost from Visteon’s previous quarterly dividend of $0.28. The ex-dividend date of this dividend was Monday, March 2nd. Visteon’s dividend payout ratio is 15.91%.

Visteon Company Profile

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.