Mutual of America Capital Management LLC Has $1.29 Million Holdings in Visteon Co. (NASDAQ:VC)

Mutual of America Capital Management LLC cut its holdings in Visteon Co. (NASDAQ:VC) by 2.2% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 14,589 shares of the company’s stock after selling 333 shares during the period. Mutual of America Capital Management LLC owned approximately 0.05% of Visteon worth $1,294,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also modified their holdings of the business. Franklin Resources Inc. grew its stake in Visteon by 0.8% during the third quarter. Franklin Resources Inc. now owns 20,620 shares of the company’s stock worth $1,881,000 after buying an additional 171 shares in the last quarter. Covestor Ltd grew its stake in Visteon by 14.8% during the third quarter. Covestor Ltd now owns 1,567 shares of the company’s stock worth $149,000 after buying an additional 202 shares in the last quarter. State of Alaska Department of Revenue grew its stake in Visteon by 7.2% during the third quarter. State of Alaska Department of Revenue now owns 3,221 shares of the company’s stock worth $306,000 after buying an additional 215 shares in the last quarter. Inspire Investing LLC grew its stake in Visteon by 5.0% during the fourth quarter. Inspire Investing LLC now owns 4,533 shares of the company’s stock worth $402,000 after buying an additional 216 shares in the last quarter. Finally, KBC Group NV grew its stake in Visteon by 37.7% during the third quarter. KBC Group NV now owns 902 shares of the company’s stock worth $86,000 after buying an additional 247 shares in the last quarter. 99.71% of the stock is currently owned by institutional investors and hedge funds.

Visteon Stock Up 0.4 %

Shares of NASDAQ VC opened at $87.68 on Friday. The company has a 50 day simple moving average of $85.30 and a 200 day simple moving average of $90.32. The firm has a market cap of $2.37 billion, a PE ratio of 8.94, a price-to-earnings-growth ratio of 0.42 and a beta of 1.39. Visteon Co. has a 1 year low of $75.75 and a 1 year high of $121.45. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.74 and a quick ratio of 1.47.

Visteon (NASDAQ:VC) last released its quarterly earnings results on Tuesday, February 18th. The company reported $4.44 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.97 by $2.47. Visteon had a net margin of 7.09% and a return on equity of 24.58%. The firm had revenue of $939.00 million during the quarter, compared to analyst estimates of $954.17 million. On average, research analysts forecast that Visteon Co. will post 8.42 EPS for the current year.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on VC shares. Royal Bank of Canada reduced their price objective on shares of Visteon from $127.00 to $100.00 and set an “outperform” rating on the stock in a research note on Wednesday, February 19th. TD Cowen assumed coverage on shares of Visteon in a research note on Friday. They set a “buy” rating and a $108.00 price objective on the stock. Morgan Stanley dropped their target price on shares of Visteon from $100.00 to $95.00 and set an “equal weight” rating for the company in a report on Monday, March 3rd. Barclays dropped their target price on shares of Visteon from $115.00 to $110.00 and set an “overweight” rating for the company in a report on Monday, March 3rd. Finally, Wells Fargo & Company increased their target price on shares of Visteon from $119.00 to $124.00 and gave the stock an “overweight” rating in a report on Wednesday, February 19th. Six analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Visteon presently has a consensus rating of “Moderate Buy” and an average price target of $117.25.

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.