Visteon Corporation (VC) Shares Sold by EAM Investors LLC

EAM Investors LLC lessened its stake in shares of Visteon Corporation (NYSE:VC) by 31.3% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 24,293 shares of the auto parts company’s stock after selling 11,046 shares during the period. EAM Investors LLC owned approximately 0.08% of Visteon Corporation worth $3,007,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. BlackRock Inc. lifted its stake in Visteon Corporation by 7,509.9% during the 1st quarter. BlackRock Inc. now owns 1,371,527 shares of the auto parts company’s stock valued at $134,341,000 after acquiring an additional 1,353,504 shares during the period. Janus Henderson Group PLC acquired a new stake in Visteon Corporation during the 2nd quarter valued at approximately $78,611,000. Bank of New York Mellon Corp lifted its stake in Visteon Corporation by 34.8% during the 3rd quarter. Bank of New York Mellon Corp now owns 1,804,109 shares of the auto parts company’s stock valued at $223,294,000 after acquiring an additional 465,508 shares during the period. Eagle Asset Management Inc. lifted its stake in Visteon Corporation by 36.4% during the 2nd quarter. Eagle Asset Management Inc. now owns 650,732 shares of the auto parts company’s stock valued at $66,413,000 after acquiring an additional 173,822 shares during the period. Finally, Ameriprise Financial Inc. lifted its stake in Visteon Corporation by 182.1% during the 2nd quarter. Ameriprise Financial Inc. now owns 252,028 shares of the auto parts company’s stock valued at $25,721,000 after acquiring an additional 162,689 shares during the period.

In other Visteon Corporation news, VP Stephanie S. Marianos sold 512 shares of the company’s stock in a transaction on Friday, September 15th. The shares were sold at an average price of $119.74, for a total transaction of $61,306.88. Following the completion of the transaction, the vice president now directly owns 431 shares in the company, valued at $51,607.94. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Robert R. Vallance sold 1,106 shares of the company’s stock in a transaction on Tuesday, September 19th. The stock was sold at an average price of $121.12, for a total transaction of $133,958.72. Following the transaction, the insider now owns 4,086 shares of the company’s stock, valued at $494,896.32. The disclosure for this sale can be found here. Insiders have sold 6,122 shares of company stock valued at $758,686 over the last 90 days. 0.19% of the stock is currently owned by company insiders.

Visteon Corporation (NYSE VC) traded up $2.08 on Tuesday, hitting $131.25. 209,600 shares of the company traded hands, compared to its average volume of 309,833. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.76 and a current ratio of 1.97. Visteon Corporation has a 1 year low of $76.95 and a 1 year high of $132.59. The firm has a market cap of $4,060.00, a PE ratio of 20.34, a P/E/G ratio of 1.38 and a beta of 0.83.

Visteon Corporation (NYSE:VC) last posted its quarterly earnings data on Thursday, October 26th. The auto parts company reported $1.42 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.25 by $0.17. The company had revenue of $765.00 million during the quarter, compared to analysts’ expectations of $761.95 million. Visteon Corporation had a net margin of 4.83% and a return on equity of 29.13%. The firm’s revenue for the quarter was down .6% on a year-over-year basis. During the same period in the prior year, the business posted $1.10 earnings per share. analysts forecast that Visteon Corporation will post 6.23 earnings per share for the current fiscal year.

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Several analysts have commented on the stock. Citigroup Inc. lifted their price objective on shares of Visteon Corporation from $113.00 to $126.00 and gave the company a “neutral” rating in a research note on Monday, October 30th. Zacks Investment Research cut shares of Visteon Corporation from a “buy” rating to a “hold” rating in a research note on Wednesday, October 25th. B. Riley restated a “buy” rating on shares of Visteon Corporation in a research note on Wednesday, November 1st. Gabelli cut shares of Visteon Corporation from a “buy” rating to a “hold” rating in a research note on Friday, July 28th. They noted that the move was a valuation call. Finally, UBS AG cut shares of Visteon Corporation from a “buy” rating to a “neutral” rating and lifted their price objective for the company from $108.00 to $113.00 in a research note on Monday, July 31st. Six investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. Visteon Corporation has an average rating of “Buy” and an average price target of $123.86.

Visteon Corporation Profile

Visteon Corporation is a global automotive supplier that designs, engineers and manufactures electronics products for original equipment vehicle manufacturer (OEM), including Ford, Mazda, Nissan/Renault, General Motors, Honda BMW and Daimler. The Company operates through Electronics segment. The Electronics segment provides vehicle cockpit electronics products to customers, including instrument clusters, information displays, infotainment, audio systems, telematics solutions and head up displays.

Institutional Ownership by Quarter for Visteon Corporation (NYSE:VC)

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