First Eagle Investment Management LLC trimmed its position in shares of Visteon Corporation (NYSE:VC) by 1.7% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 671,415 shares of the auto parts company’s stock after selling 11,700 shares during the period. First Eagle Investment Management LLC owned 2.16% of Visteon Corporation worth $83,101,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Quantbot Technologies LP grew its holdings in Visteon Corporation by 2.8% during the second quarter. Quantbot Technologies LP now owns 1,089 shares of the auto parts company’s stock valued at $111,000 after purchasing an additional 30 shares during the period. The Manufacturers Life Insurance Company grew its holdings in Visteon Corporation by 6.2% during the second quarter. The Manufacturers Life Insurance Company now owns 1,040 shares of the auto parts company’s stock valued at $106,000 after purchasing an additional 61 shares during the period. ETRADE Capital Management LLC grew its holdings in Visteon Corporation by 5.2% during the second quarter. ETRADE Capital Management LLC now owns 5,261 shares of the auto parts company’s stock valued at $537,000 after purchasing an additional 261 shares during the period. Creative Planning grew its holdings in Visteon Corporation by 19.2% during the second quarter. Creative Planning now owns 2,170 shares of the auto parts company’s stock valued at $221,000 after purchasing an additional 350 shares during the period. Finally, Eagle Global Advisors LLC grew its holdings in Visteon Corporation by 1.4% during the second quarter. Eagle Global Advisors LLC now owns 25,617 shares of the auto parts company’s stock valued at $2,614,000 after purchasing an additional 362 shares during the period.

Shares of Visteon Corporation (NYSE:VC) traded up $0.34 during mid-day trading on Tuesday, hitting $127.30. The company had a trading volume of 234,100 shares, compared to its average volume of 311,061. The company has a quick ratio of 1.76, a current ratio of 1.97 and a debt-to-equity ratio of 0.47. Visteon Corporation has a one year low of $70.91 and a one year high of $128.39. The stock has a market capitalization of $3,948.31, a P/E ratio of 19.99, a PEG ratio of 1.36 and a beta of 0.83.

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

VC has been the subject of a number of analyst reports. Barclays PLC set a $107.00 price target on Visteon Corporation and gave the stock a “hold” rating in a report on Friday, October 20th. Zacks Investment Research raised Visteon Corporation from a “hold” rating to a “buy” rating and set a $139.00 price target for the company in a report on Wednesday, September 27th. Gabelli lowered Visteon Corporation from a “buy” rating to a “hold” rating in a report on Friday, July 28th. They noted that the move was a valuation call. UBS AG raised their price target on Visteon Corporation from $113.00 to $125.00 and gave the stock a “neutral” rating in a report on Thursday, October 19th. Finally, FBR & Co raised their price target on Visteon Corporation from $120.00 to $140.00 and gave the stock a “buy” rating in a report on Friday, October 27th. Six investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. The stock presently has a consensus rating of “Buy” and an average target price of $123.86.

In other Visteon Corporation news, insider Robert R. Vallance sold 1,106 shares of the firm’s stock in a transaction dated Tuesday, September 19th. The stock was sold at an average price of $121.12, for a total transaction of $133,958.72. Following the sale, the insider now owns 4,086 shares in the company, valued at $494,896.32. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, VP Stephanie S. Marianos sold 512 shares of the firm’s stock in a transaction dated Friday, September 15th. The shares were sold at an average price of $119.74, for a total value of $61,306.88. Following the sale, the vice president now owns 431 shares in the company, valued at approximately $51,607.94. The disclosure for this sale can be found here. Insiders have sold 7,481 shares of company stock worth $913,870 in the last 90 days. Company insiders own 0.19% of the company’s stock.

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Visteon Corporation Company 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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