Oliver Lagore Vanvalin Investment Group Takes Position in Visteon Co. (NASDAQ:VC)

Oliver Lagore Vanvalin Investment Group acquired a new stake in Visteon Co. (NASDAQ:VC) during the fourth quarter, HoldingsChannel.com reports. The fund acquired 475 shares of the company’s stock, valued at approximately $59,000.

Other institutional investors also recently modified their holdings of the company. Covestor Ltd boosted its stake in shares of Visteon by 105.7% in the 3rd quarter. Covestor Ltd now owns 216 shares of the company’s stock valued at $30,000 after purchasing an additional 111 shares during the last quarter. Rockefeller Capital Management L.P. boosted its stake in Visteon by 1,286.4% during the fourth quarter. Rockefeller Capital Management L.P. now owns 305 shares of the company’s stock worth $39,000 after acquiring an additional 283 shares in the last quarter. Acadian Asset Management LLC bought a new position in Visteon during the first quarter worth $38,000. Itau Unibanco Holding S.A. bought a new position in Visteon during the second quarter worth $63,000. Finally, Lazard Asset Management LLC bought a new position in Visteon during the first quarter worth $48,000. 99.71% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on VC shares. Royal Bank of Canada cut their target price on shares of Visteon from $188.00 to $146.00 and set an “outperform” rating on the stock in a research note on Thursday, March 7th. Bank of America cut their target price on shares of Visteon from $165.00 to $160.00 and set a “buy” rating on the stock in a research note on Thursday, February 29th. StockNews.com raised shares of Visteon from a “hold” rating to a “buy” rating in a research note on Thursday, January 11th. Wells Fargo & Company increased their target price on shares of Visteon from $101.00 to $106.00 and gave the stock an “underweight” rating in a research note on Wednesday, February 21st. Finally, JPMorgan Chase & Co. lowered their price objective on shares of Visteon from $160.00 to $148.00 and set a “neutral” rating on the stock in a report on Thursday, January 25th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and seven have given a buy rating to the company’s stock. According to data from MarketBeat.com, Visteon currently has a consensus rating of “Moderate Buy” and an average price target of $143.00.

Visteon Stock Performance

VC opened at $107.69 on Friday. The company’s fifty day moving average price is $114.74 and its two-hundred day moving average price is $119.40. The company has a market cap of $2.96 billion, a price-to-earnings ratio of 6.27, a PEG ratio of 0.48 and a beta of 1.65. The company has a current ratio of 1.74, a quick ratio of 1.42 and a debt-to-equity ratio of 0.28. Visteon Co. has a 1-year low of $105.76 and a 1-year high of $159.87.

Visteon (NASDAQ:VC) last announced its earnings results on Tuesday, February 20th. The company reported $13.01 EPS for the quarter, beating the consensus estimate of $2.09 by $10.92. The company had revenue of $990.00 million during the quarter, compared to the consensus estimate of $1.05 billion. Visteon had a net margin of 12.29% and a return on equity of 57.45%. The firm’s revenue for the quarter was down 7.0% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.32 earnings per share. On average, analysts expect that Visteon Co. will post 8.69 EPS for the current fiscal year.

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.