Dynamic Technology Lab Private Ltd purchased a new stake in Visteon Corp (NYSE:VC) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 20,339 shares of the auto parts company’s stock, valued at approximately $1,889,000. Dynamic Technology Lab Private Ltd owned approximately 0.07% of Visteon at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently bought and sold shares of the stock. Tygh Capital Management Inc. raised its holdings in Visteon by 0.8% in the second quarter. Tygh Capital Management Inc. now owns 54,927 shares of the auto parts company’s stock valued at $7,099,000 after acquiring an additional 421 shares in the last quarter. PNC Financial Services Group Inc. increased its stake in Visteon by 37.2% during the second quarter. PNC Financial Services Group Inc. now owns 1,960 shares of the auto parts company’s stock valued at $252,000 after purchasing an additional 531 shares during the last quarter. Oppenheimer Asset Management Inc. increased its stake in Visteon by 27.6% during the second quarter. Oppenheimer Asset Management Inc. now owns 2,463 shares of the auto parts company’s stock valued at $318,000 after purchasing an additional 532 shares during the last quarter. Moneta Group Investment Advisors LLC increased its stake in Visteon by 92.9% during the second quarter. Moneta Group Investment Advisors LLC now owns 1,640 shares of the auto parts company’s stock valued at $212,000 after purchasing an additional 790 shares during the last quarter. Finally, Creative Planning increased its stake in Visteon by 31.5% during the third quarter. Creative Planning now owns 3,461 shares of the auto parts company’s stock valued at $322,000 after purchasing an additional 829 shares during the last quarter.

Several research firms have weighed in on VC. Jefferies Financial Group began coverage on shares of Visteon in a research note on Tuesday. They set an “underperform” rating and a $69.00 target price for the company. Morgan Stanley set a $70.00 target price on shares of Visteon and gave the company a “sell” rating in a research note on Wednesday, November 14th. TheStreet lowered shares of Visteon from a “b-” rating to a “c” rating in a research note on Thursday, October 25th. Wells Fargo & Co lowered their target price on shares of Visteon from $86.00 to $73.00 and set a “market perform” rating for the company in a research note on Friday, October 26th. Finally, Consumer Edge began coverage on shares of Visteon in a research note on Thursday, October 4th. They set an “outperform” rating and a $130.00 target price for the company. Two research analysts have rated the stock with a sell rating, seven have given a hold rating and eleven have issued a buy rating to the stock. Visteon currently has an average rating of “Hold” and a consensus price target of $128.83.

In related news, Director Harry James Wilson acquired 5,000 shares of Visteon stock in a transaction that occurred on Wednesday, October 31st. The stock was acquired at an average price of $76.95 per share, with a total value of $384,750.00. Following the completion of the acquisition, the director now directly owns 2,000 shares of the company’s stock, valued at approximately $153,900. The acquisition was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director Rouzbeh Yassini-Fard acquired 2,000 shares of Visteon stock in a transaction that occurred on Wednesday, November 28th. The stock was bought at an average cost of $75.57 per share, with a total value of $151,140.00. Following the acquisition, the director now directly owns 2,000 shares of the company’s stock, valued at $151,140. The disclosure for this purchase can be found here. Insiders have bought 9,000 shares of company stock valued at $691,270 in the last 90 days. Insiders own 0.19% of the company’s stock.

Visteon stock opened at $71.71 on Friday. Visteon Corp has a one year low of $67.27 and a one year high of $140.64.

Visteon (NYSE:VC) last released its quarterly earnings results on Thursday, October 25th. The auto parts company reported $1.12 EPS for the quarter, missing the consensus estimate of $1.15 by ($0.03). The firm had revenue of $681.00 million for the quarter, compared to analyst estimates of $727.48 million.

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Visteon 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.

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Institutional Ownership by Quarter for Visteon (NYSE:VC)

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