Visteon Co. (NASDAQ:VC) Shares Sold by Centaurus Financial Inc.

Centaurus Financial Inc. decreased its position in Visteon Co. (NASDAQ:VC - Free Report) by 79.8% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,948 shares of the company's stock after selling 7,677 shares during the quarter. Centaurus Financial Inc.'s holdings in Visteon were worth $173,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also modified their holdings of the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in shares of Visteon by 24.0% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 80,916 shares of the company's stock valued at $7,179,000 after acquiring an additional 15,666 shares during the period. Voloridge Investment Management LLC lifted its holdings in shares of Visteon by 23.4% in the 4th quarter. Voloridge Investment Management LLC now owns 229,114 shares of the company's stock worth $20,327,000 after buying an additional 43,464 shares during the period. Teza Capital Management LLC purchased a new stake in shares of Visteon in the 4th quarter worth approximately $233,000. Systematic Financial Management LP boosted its position in Visteon by 3.4% during the 4th quarter. Systematic Financial Management LP now owns 268,495 shares of the company's stock valued at $23,821,000 after acquiring an additional 8,854 shares in the last quarter. Finally, ProShare Advisors LLC boosted its position in Visteon by 41.2% during the fourth quarter. ProShare Advisors LLC now owns 8,978 shares of the company's stock valued at $797,000 after purchasing an additional 2,618 shares in the last quarter. 99.71% of the stock is owned by hedge funds and other institutional investors.

Visteon Stock Performance

VC traded down $1.29 during trading on Wednesday, reaching $82.77. 218,119 shares of the company's stock were exchanged, compared to its average volume of 313,838. 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 Co. has a 1 year low of $65.10 and a 1 year high of $117.94. The company's fifty day simple moving average is $78.80 and its 200-day simple moving average is $83.87. The stock has a market capitalization of $2.26 billion, a P/E ratio of 8.44, a price-to-earnings-growth ratio of 0.42 and a beta of 1.19.

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

Analysts Set New Price Targets

A number of analysts have recently weighed in on VC shares. TD Cowen began coverage on shares of Visteon in a report on Friday, March 7th. They issued a "buy" rating and a $108.00 price target on the stock. UBS Group restated a "neutral" rating and issued a $76.00 target price (down from $114.00) on shares of Visteon in a research note on Thursday, April 10th. Barclays reaffirmed an "equal weight" rating and set a $82.00 price target (down from $110.00) on shares of Visteon in a research report on Tuesday, April 15th. Morgan Stanley decreased their price objective on Visteon from $95.00 to $90.00 and set an "equal weight" rating for the company in a report on Monday, May 19th. Finally, JPMorgan Chase & Co. boosted their target price on Visteon from $90.00 to $97.00 and gave the stock a "neutral" rating in a research note on Monday, May 5th. Nine investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of "Hold" and an average price target of $96.25.

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.