111 Capital Acquires New Shares in Visteon Co. (NASDAQ:VC)

111 Capital bought a new stake in Visteon Co. (NASDAQ:VC - Free Report) in the 4th quarter, according to its most recent 13F filing with the SEC. The firm bought 3,620 shares of the company's stock, valued at approximately $321,000.

Several other large investors also recently made changes to their positions in the company. Quadrant Capital Group LLC boosted its stake in Visteon by 225.3% during the 4th quarter. Quadrant Capital Group LLC now owns 501 shares of the company's stock valued at $44,000 after purchasing an additional 347 shares during the last quarter. Signaturefd LLC boosted its stake in Visteon by 62.5% during the 4th quarter. Signaturefd LLC now owns 684 shares of the company's stock valued at $61,000 after purchasing an additional 263 shares during the last quarter. Nomura Asset Management Co. Ltd. boosted its stake in Visteon by 884.2% during the 4th quarter. Nomura Asset Management Co. Ltd. now owns 1,181 shares of the company's stock valued at $105,000 after purchasing an additional 1,061 shares during the last quarter. Nisa Investment Advisors LLC boosted its stake in Visteon by 136.8% during the 4th quarter. Nisa Investment Advisors LLC now owns 1,305 shares of the company's stock valued at $116,000 after purchasing an additional 754 shares during the last quarter. Finally, KBC Group NV boosted its stake in Visteon by 49.9% during the 4th quarter. KBC Group NV now owns 1,352 shares of the company's stock valued at $120,000 after purchasing an additional 450 shares during the last quarter. 99.71% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on VC. Robert W. Baird lifted their price target on Visteon from $76.00 to $86.00 and gave the company a "neutral" rating in a research note on Friday, April 25th. Guggenheim dropped their target price on shares of Visteon from $108.00 to $91.00 and set a "buy" rating on the stock in a research report on Tuesday, April 22nd. Wells Fargo & Company lifted their target price on shares of Visteon from $96.00 to $101.00 and gave the stock an "overweight" rating in a research report on Monday, May 19th. Barclays reissued an "equal weight" rating and set a $82.00 target price (down previously from $110.00) on shares of Visteon in a research report on Tuesday, April 15th. Finally, UBS Group reissued a "neutral" rating and set a $76.00 target price (down previously from $114.00) on shares of Visteon in a research report on Thursday, April 10th. Nine equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company's stock. According to MarketBeat, the company presently has an average rating of "Hold" and a consensus price target of $96.25.

Visteon Stock Performance

Shares of NASDAQ:VC traded up $1.58 during mid-day trading on Tuesday, reaching $84.06. The company had a trading volume of 191,808 shares, compared to its average volume of 313,872. The company has a current ratio of 1.74, a quick ratio of 1.47 and a debt-to-equity ratio of 0.23. The firm has a market cap of $2.29 billion, a price-to-earnings ratio of 8.57, a PEG ratio of 0.42 and a beta of 1.23. The company's 50-day moving average price is $78.71 and its 200-day moving average price is $83.87. Visteon Co. has a one year low of $65.10 and a one year high of $117.94.

Visteon (NASDAQ:VC - Get Free Report) last posted its quarterly earnings results on Thursday, April 24th. The company reported $2.40 EPS for the quarter, topping analysts' consensus estimates of $1.70 by $0.70. The company had revenue of $934.00 million for the quarter, compared to analysts' expectations of $906.38 million. Visteon had a net margin of 7.09% and a return on equity of 24.58%. Visteon's revenue was up .1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.61 EPS. As a group, equities research analysts anticipate that Visteon Co. will post 8.42 EPS for the current fiscal year.

About Visteon

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.