Squarepoint Ops LLC Has $732,000 Holdings in Visteon Co. (NASDAQ:VC)

Squarepoint Ops LLC lowered its position in shares of Visteon Co. (NASDAQ:VC - Free Report) by 88.1% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 8,249 shares of the company's stock after selling 60,802 shares during the quarter. Squarepoint Ops LLC's holdings in Visteon were worth $732,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in the company. Quadrant Capital Group LLC grew its holdings in Visteon by 225.3% during the 4th quarter. Quadrant Capital Group LLC now owns 501 shares of the company's stock worth $44,000 after acquiring an additional 347 shares during the last quarter. Signaturefd LLC lifted its position in shares of Visteon by 62.5% during the fourth quarter. Signaturefd LLC now owns 684 shares of the company's stock worth $61,000 after purchasing an additional 263 shares in the last quarter. Nomura Asset Management Co. Ltd. grew its stake in shares of Visteon by 884.2% during the fourth 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. KBC Group NV increased its holdings in shares of Visteon by 49.9% in the fourth quarter. KBC Group NV now owns 1,352 shares of the company's stock valued at $120,000 after purchasing an additional 450 shares in the last quarter. Finally, Headlands Technologies LLC raised its position in Visteon by 21.4% in the 4th quarter. Headlands Technologies LLC now owns 1,771 shares of the company's stock worth $157,000 after purchasing an additional 312 shares during the last quarter. Institutional investors and hedge funds own 99.71% of the company's stock.

Visteon Trading Up 0.0%

VC traded up $0.02 during mid-day trading on Thursday, hitting $82.79. The stock had a trading volume of 95,246 shares, compared to its average volume of 313,004. The stock's fifty day simple moving average is $78.80 and its 200-day simple moving average is $83.87. The firm has a market capitalization of $2.26 billion, a price-to-earnings ratio of 8.44, a price-to-earnings-growth ratio of 0.42 and a beta of 1.19. Visteon Co. has a 1-year low of $65.10 and a 1-year high of $117.94. 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 - Get Free Report) last released its quarterly earnings data on Thursday, April 24th. The company reported $2.40 EPS for the quarter, beating analysts' consensus estimates of $1.70 by $0.70. The business had revenue of $934.00 million during 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%. The firm's quarterly revenue was up .1% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.61 EPS. As a group, research analysts forecast that Visteon Co. will post 8.42 EPS for the current fiscal year.

Analyst Ratings Changes

Several research firms have recently commented on VC. Barclays reissued an "equal weight" rating and issued a $82.00 target price (down from $110.00) on shares of Visteon in a research note on Tuesday, April 15th. TD Cowen initiated coverage on Visteon in a report on Friday, March 7th. They set a "buy" rating and a $108.00 price objective for the company. Royal Bank of Canada reduced their target price 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. Robert W. Baird boosted their price target on shares of Visteon from $76.00 to $86.00 and gave the stock a "neutral" rating in a research note on Friday, April 25th. Finally, JPMorgan Chase & Co. increased their price objective on shares of Visteon from $90.00 to $97.00 and gave the company a "neutral" rating in a report on Monday, May 5th. Nine equities research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to data from MarketBeat.com, Visteon presently has an average rating of "Hold" and a consensus price target of $96.25.

Visteon 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.