Visteon Corporation $VC Shares Acquired by Charles Schwab Investment Management Inc.

Key Points

• Charles Schwab Investment Management Inc. increased its holdings in Visteon Corporation by 4.3%, owning approximately 1.40% of Visteon, worth $29.7 million as of the most recent SEC filing.
• Insider selling has been noted, with senior vice presidents Robert R. Vallance and Joao Paulo Ribeiro divesting shares at prices of $100.15 and $115.09, respectively, indicating a decrease in their ownership.
• Visteon announced a quarterly dividend of $0.275 per share, with a dividend yield of 0.9%, reflecting a payout ratio of 10.49% as the company continues to manage its financial expectations for FY 2025.

Charles Schwab Investment Management Inc. raised its holdings in shares of Visteon Corporation (NASDAQ:VC - Free Report) by 4.3% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 382,341 shares of the company's stock after acquiring an additional 15,732 shares during the quarter. Charles Schwab Investment Management Inc. owned approximately 1.40% of Visteon worth $29,677,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also made changes to their positions in VC. LPL Financial LLC raised its stake in shares of Visteon by 2.6% during the 4th quarter. LPL Financial LLC now owns 6,166 shares of the company's stock worth $547,000 after buying an additional 156 shares in the last quarter. Wells Fargo & Company MN raised its stake in shares of Visteon by 75.6% during the 4th quarter. Wells Fargo & Company MN now owns 17,786 shares of the company's stock worth $1,578,000 after buying an additional 7,656 shares in the last quarter. Envestnet Asset Management Inc. raised its stake in shares of Visteon by 34.4% during the 4th quarter. Envestnet Asset Management Inc. now owns 14,798 shares of the company's stock worth $1,313,000 after buying an additional 3,789 shares in the last quarter. Bank of Montreal Can raised its stake in shares of Visteon by 14.6% during the 4th quarter. Bank of Montreal Can now owns 4,472 shares of the company's stock worth $397,000 after buying an additional 571 shares in the last quarter. Finally, Barclays PLC raised its stake in shares of Visteon by 66.2% during the 4th quarter. Barclays PLC now owns 105,916 shares of the company's stock worth $9,398,000 after buying an additional 42,200 shares in the last quarter. 99.71% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Visteon

In other Visteon news, SVP Robert R. Vallance sold 2,000 shares of the company's stock in a transaction dated Wednesday, July 2nd. The shares were sold at an average price of $100.15, for a total transaction of $200,300.00. Following the completion of the sale, the senior vice president directly owned 20,838 shares in the company, valued at $2,086,925.70. This represents a 8.76% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Joao Paulo Ribeiro sold 710 shares of the company's stock in a transaction dated Monday, July 28th. The shares were sold at an average price of $115.09, for a total transaction of $81,713.90. Following the sale, the senior vice president owned 6,698 shares of the company's stock, valued at $770,872.82. This trade represents a 9.58% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 4,710 shares of company stock worth $522,014. 2.00% of the stock is currently owned by corporate insiders.

Visteon Stock Performance

Shares of NASDAQ VC opened at $121.90 on Wednesday. The company has a current ratio of 1.87, a quick ratio of 1.55 and a debt-to-equity ratio of 0.19. The stock has a 50 day simple moving average of $106.26 and a 200-day simple moving average of $89.88. The company has a market cap of $3.33 billion, a PE ratio of 11.62, a P/E/G ratio of 4.66 and a beta of 1.22. Visteon Corporation has a 12-month low of $65.10 and a 12-month high of $123.78.

Visteon (NASDAQ:VC - Get Free Report) last announced its earnings results on Thursday, July 24th. The company reported $2.39 EPS for the quarter, topping the consensus estimate of $2.04 by $0.35. The firm had revenue of $969.00 million for the quarter, compared to analysts' expectations of $943.12 million. Visteon had a return on equity of 23.22% and a net margin of 7.61%.The firm's quarterly revenue was down 4.4% compared to the same quarter last year. During the same quarter in the previous year, the company earned $2.54 earnings per share. Visteon has set its FY 2025 guidance at EPS. On average, equities research analysts forecast that Visteon Corporation will post 8.42 EPS for the current year.

Visteon Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, September 5th. Stockholders of record on Monday, August 18th will be issued a dividend of $0.275 per share. This represents a $1.10 annualized dividend and a dividend yield of 0.9%. The ex-dividend date is Monday, August 18th. Visteon's payout ratio is currently 10.49%.

Analyst Ratings Changes

VC has been the topic of a number of research reports. Deutsche Bank Aktiengesellschaft upped their price target on Visteon from $120.00 to $131.00 and gave the stock a "buy" rating in a report on Friday, July 25th. Wall Street Zen cut Visteon from a "buy" rating to a "hold" rating in a report on Saturday. Wolfe Research upgraded Visteon from a "peer perform" rating to an "outperform" rating and set a $123.00 price target on the stock in a report on Wednesday, July 2nd. Robert W. Baird upgraded Visteon from a "neutral" rating to an "outperform" rating and upped their price target for the stock from $96.00 to $125.00 in a report on Friday, July 11th. Finally, The Goldman Sachs Group reiterated a "buy" rating on shares of Visteon in a report on Friday, July 25th. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $116.00.

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.

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