Curi RMB Capital LLC Purchases 4,282 Shares of Visteon Co. (NASDAQ:VC)

Curi RMB Capital LLC raised its position in Visteon Co. (NASDAQ:VC) by 4.1% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 109,794 shares of the company’s stock after purchasing an additional 4,282 shares during the period. Curi RMB Capital LLC’s holdings in Visteon were worth $10,457,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Signaturefd LLC grew its holdings in shares of Visteon by 70.8% during the 2nd quarter. Signaturefd LLC now owns 287 shares of the company’s stock worth $31,000 after purchasing an additional 119 shares in the last quarter. Mather Group LLC. bought a new stake in Visteon during the second quarter worth about $59,000. KBC Group NV increased its holdings in Visteon by 37.7% in the 3rd quarter. KBC Group NV now owns 902 shares of the company’s stock valued at $86,000 after buying an additional 247 shares during the period. Acadian Asset Management LLC acquired a new position in shares of Visteon in the 2nd quarter valued at approximately $89,000. Finally, Motco bought a new stake in shares of Visteon during the 1st quarter worth approximately $106,000. 99.71% of the stock is owned by institutional investors and hedge funds.

Visteon Stock Performance

NASDAQ:VC opened at $92.11 on Friday. The stock has a market cap of $2.54 billion, a P/E ratio of 5.00, a PEG ratio of 0.46 and a beta of 1.45. The company has a quick ratio of 1.47, a current ratio of 1.82 and a debt-to-equity ratio of 0.24. The business’s 50-day moving average price is $92.58 and its two-hundred day moving average price is $102.09. Visteon Co. has a twelve month low of $86.77 and a twelve month high of $131.70.

Visteon (NASDAQ:VC) last announced its earnings results on Thursday, October 24th. The company reported $2.26 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.89 by $0.37. Visteon had a net margin of 13.22% and a return on equity of 46.19%. The company had revenue of $980.00 million during the quarter, compared to analyst estimates of $965.60 million. During the same period in the previous year, the business earned $2.35 earnings per share. The firm’s quarterly revenue was down 3.4% compared to the same quarter last year. As a group, equities analysts predict that Visteon Co. will post 8.04 EPS for the current fiscal year.

Analyst Ratings Changes

A number of equities research analysts have weighed in on VC shares. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $124.00 target price on shares of Visteon in a report on Tuesday, September 10th. Barclays reduced their price objective on Visteon from $145.00 to $140.00 and set an “overweight” rating on the stock in a research note on Tuesday, October 15th. TD Cowen lowered their target price on Visteon from $142.00 to $140.00 and set a “buy” rating for the company in a research note on Friday, July 26th. Wolfe Research began coverage on shares of Visteon in a report on Thursday, September 5th. They issued a “peer perform” rating for the company. Finally, StockNews.com lowered shares of Visteon from a “buy” rating to a “hold” rating in a report on Sunday, November 3rd. Seven investment analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $127.57.

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.