Victory Capital Management Inc. boosted its position in Visteon Corporation (NYSE:VC) by 80.2% during the third quarter, according to its most recent 13F filing with the SEC. The firm owned 176,762 shares of the auto parts company’s stock after acquiring an additional 78,669 shares during the period. Victory Capital Management Inc. owned 0.57% of Visteon Corporation worth $21,878,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the stock. Peregrine Capital Management LLC raised its stake in Visteon Corporation by 2.1% in the 3rd quarter. Peregrine Capital Management LLC now owns 118,649 shares of the auto parts company’s stock valued at $14,685,000 after acquiring an additional 2,422 shares during the period. First Quadrant L P CA raised its stake in Visteon Corporation by 296.2% in the 3rd quarter. First Quadrant L P CA now owns 62,593 shares of the auto parts company’s stock valued at $7,747,000 after acquiring an additional 46,793 shares during the period. Handelsbanken Fonder AB raised its stake in Visteon Corporation by 65.0% in the 3rd quarter. Handelsbanken Fonder AB now owns 165,000 shares of the auto parts company’s stock valued at $20,422,000 after acquiring an additional 65,000 shares during the period. Nationwide Fund Advisors raised its stake in Visteon Corporation by 6.2% in the 3rd quarter. Nationwide Fund Advisors now owns 62,600 shares of the auto parts company’s stock valued at $7,748,000 after acquiring an additional 3,680 shares during the period. Finally, Kirr Marbach & Co. LLC IN raised its stake in Visteon Corporation by 0.8% in the 3rd quarter. Kirr Marbach & Co. LLC IN now owns 111,159 shares of the auto parts company’s stock valued at $13,758,000 after acquiring an additional 915 shares during the period.

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Visteon Corporation (NYSE:VC) opened at $126.96 on Friday. Visteon Corporation has a twelve month low of $68.82 and a twelve month high of $128.39. The company has a current ratio of 1.97, a quick ratio of 1.76 and a debt-to-equity ratio of 0.47. The company has a market capitalization of $3,948.33, a PE 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 EPS for the quarter, topping the Thomson Reuters’ 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 during the quarter, compared to analyst estimates of $761.95 million. During the same quarter in the previous year, the firm earned $1.10 earnings per share. Visteon Corporation’s revenue was down .6% on a year-over-year basis. research analysts forecast that Visteon Corporation will post 6.23 EPS for the current fiscal year.

In other Visteon Corporation news, insider Matthew M. Cole sold 1,359 shares of the company’s stock in a transaction that occurred on Tuesday, August 22nd. The stock was sold at an average price of $114.19, for a total value of $155,184.21. Following the completion of the sale, the insider now owns 693 shares of the company’s stock, valued at $79,133.67. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Sachin Lawande sold 2,004 shares of the company’s stock in a transaction that occurred on Monday, October 16th. The stock was sold at an average price of $123.90, for a total value of $248,295.60. The disclosure for this sale can be found here. Insiders have sold 7,481 shares of company stock valued at $913,870 in the last three months. 0.19% of the stock is owned by insiders.

VC has been the subject of a number of recent analyst reports. BidaskClub raised Visteon Corporation from a “buy” rating to a “strong-buy” rating in a report on Monday, July 24th. 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 lowered Visteon Corporation from a “buy” rating to a “neutral” rating and lifted their target price for the company from $108.00 to $113.00 in a report on Monday, July 31st. Wells Fargo & Company raised Visteon Corporation from a “market perform” rating to an “outperform” rating and set a $140.00 target price for the company in a report on Monday, July 31st. Finally, BMO Capital Markets lifted their target price on Visteon Corporation from $115.00 to $130.00 and gave the company an “outperform” rating in a report on Monday, July 31st. Six equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus target price of $123.86.

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.

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

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