Systematic Financial Management LP Has $23.82 Million Holdings in Visteon Co. (NASDAQ:VC)

Systematic Financial Management LP boosted its position in Visteon Co. (NASDAQ:VC - Free Report) by 3.4% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 268,495 shares of the company's stock after buying an additional 8,854 shares during the quarter. Systematic Financial Management LP owned approximately 0.97% of Visteon worth $23,821,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of VC. Charles Schwab Investment Management Inc. increased its position in shares of Visteon by 7.4% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 366,609 shares of the company's stock worth $32,526,000 after purchasing an additional 25,319 shares during the last quarter. Sei Investments Co. increased its position in shares of Visteon by 93.2% during the 4th quarter. Sei Investments Co. now owns 147,603 shares of the company's stock worth $13,095,000 after purchasing an additional 71,202 shares during the last quarter. JPMorgan Chase & Co. increased its position in shares of Visteon by 2.7% during the 4th quarter. JPMorgan Chase & Co. now owns 656,347 shares of the company's stock worth $58,231,000 after purchasing an additional 17,526 shares during the last quarter. Value Holdings Management CO. LLC increased its position in shares of Visteon by 90.9% during the 4th quarter. Value Holdings Management CO. LLC now owns 31,500 shares of the company's stock worth $2,795,000 after purchasing an additional 15,000 shares during the last quarter. Finally, Royce & Associates LP increased its position in shares of Visteon by 39.2% during the 4th quarter. Royce & Associates LP now owns 281,508 shares of the company's stock worth $24,975,000 after purchasing an additional 79,294 shares during the last quarter. Institutional investors and hedge funds own 99.71% of the company's stock.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on the company. Wells Fargo & Company boosted their target price on Visteon from $96.00 to $101.00 and gave the stock an "overweight" rating in a report on Monday. UBS Group reissued a "neutral" rating and set a $76.00 target price (down from $114.00) on shares of Visteon in a report on Thursday, April 10th. Morgan Stanley decreased their target price on Visteon from $95.00 to $90.00 and set an "equal weight" rating on the stock in a report on Monday. Robert W. Baird boosted their target price on Visteon from $76.00 to $86.00 and gave the stock a "neutral" rating in a report on Friday, April 25th. Finally, Barclays reissued an "equal weight" rating and set a $82.00 target price (down from $110.00) on shares of Visteon in a report on Tuesday, April 15th. Nine research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat, Visteon has an average rating of "Hold" and an average price target of $96.25.

Visteon Stock Performance

VC traded up $0.21 during trading on Thursday, hitting $84.06. The stock had a trading volume of 81,721 shares, compared to its average volume of 310,946. The company has a 50 day moving average price of $78.22 and a 200-day moving average price of $84.46. The firm has a market cap of $2.29 billion, a price-to-earnings ratio of 8.57, a P/E/G ratio of 0.42 and a beta of 1.23. 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 one year low of $65.10 and a one year high of $117.94.

Visteon (NASDAQ:VC - Get Free Report) last released 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. The company had revenue of $934.00 million for the quarter, compared to analyst estimates of $906.38 million. Visteon had a return on equity of 24.58% and a net margin of 7.09%. Visteon's quarterly revenue was up .1% on a year-over-year basis. During the same period in the prior year, the firm posted $1.61 EPS. As a group, research analysts predict that Visteon Co. will post 8.42 EPS for the current 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.