Headlands Technologies LLC Has $127,000 Stake in Visteon Co. (NASDAQ:VC)

Headlands Technologies LLC decreased its stake in shares of Visteon Co. (NASDAQ:VC) by 71.2% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 1,194 shares of the company’s stock after selling 2,946 shares during the quarter. Headlands Technologies LLC’s holdings in Visteon were worth $127,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently modified their holdings of VC. Signaturefd LLC lifted its holdings in shares of Visteon by 70.8% in the 2nd quarter. Signaturefd LLC now owns 287 shares of the company’s stock worth $31,000 after purchasing an additional 119 shares in the last quarter. Parallel Advisors LLC lifted its stake in Visteon by 98.6% during the 4th quarter. Parallel Advisors LLC now owns 286 shares of the company’s stock valued at $36,000 after acquiring an additional 142 shares in the last quarter. Fidelis Capital Partners LLC bought a new position in Visteon during the 1st quarter valued at $48,000. Quadrant Capital Group LLC lifted its stake in Visteon by 76.7% during the 4th quarter. Quadrant Capital Group LLC now owns 410 shares of the company’s stock valued at $51,000 after acquiring an additional 178 shares in the last quarter. Finally, Mather Group LLC. bought a new position in Visteon during the 2nd quarter valued at $59,000. 99.71% of the stock is currently owned by institutional investors.

Visteon Stock Up 2.1 %

Shares of NASDAQ VC opened at $90.52 on Monday. Visteon Co. has a 12 month low of $88.37 and a 12 month high of $143.97. The company has a current ratio of 1.85, a quick ratio of 1.50 and a debt-to-equity ratio of 0.26. The firm has a market capitalization of $2.50 billion, a price-to-earnings ratio of 5.17, a PEG ratio of 0.43 and a beta of 1.46. The business has a 50-day moving average of $102.73 and a 200-day moving average of $108.31.

Visteon (NASDAQ:VC) last released its earnings results on Thursday, July 25th. The company reported $2.54 earnings per share for the quarter, topping analysts’ consensus estimates of $1.96 by $0.58. The company had revenue of $1.01 billion during the quarter, compared to the consensus estimate of $1.01 billion. Visteon had a return on equity of 51.69% and a net margin of 13.79%. Visteon’s quarterly revenue was up 3.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.18 EPS. Sell-side analysts expect that Visteon Co. will post 8.06 earnings per share for the current fiscal year.

Insider Buying and Selling at Visteon

In other Visteon news, SVP Joao Paulo Ribeiro sold 3,859 shares of the business’s stock in a transaction that occurred on Monday, July 29th. The stock was sold at an average price of $111.73, for a total value of $431,166.07. Following the completion of the sale, the senior vice president now owns 5,988 shares in the company, valued at $669,039.24. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 2.00% of the company’s stock.

Analyst Ratings Changes

Several brokerages have weighed in on VC. Wells Fargo & Company raised their price objective on Visteon from $107.00 to $115.00 and gave the company an “equal weight” rating in a research note on Friday, July 26th. Robert W. Baird reiterated a “neutral” rating and set a $120.00 target price (down from $137.00) on shares of Visteon in a research note on Friday, July 12th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $124.00 target price on shares of Visteon in a research note on Tuesday, September 10th. Citigroup lowered their target price on Visteon from $139.00 to $126.00 and set a “buy” rating on the stock in a research note on Friday, July 12th. Finally, Royal Bank of Canada lowered their target price on Visteon from $144.00 to $129.00 and set an “outperform” rating on the stock in a research note on Thursday, August 22nd. Seven equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $129.86.

Visteon Company Profile

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.