Fox Run Management L.L.C. Purchases 5,535 Shares of Visteon Co. (NASDAQ:VC)

Fox Run Management L.L.C. grew its holdings in shares of Visteon Co. (NASDAQ:VC) by 63.0% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 14,317 shares of the company’s stock after purchasing an additional 5,535 shares during the quarter. Fox Run Management L.L.C. owned about 0.05% of Visteon worth $1,270,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. KLP Kapitalforvaltning AS bought a new stake in shares of Visteon during the 4th quarter valued at $515,000. Sei Investments Co. increased its position in shares of Visteon by 93.2% during the fourth quarter. Sei Investments Co. now owns 147,603 shares of the company’s stock valued at $13,095,000 after buying an additional 71,202 shares during the period. American Century Companies Inc. lifted its holdings in shares of Visteon by 58.8% in the fourth quarter. American Century Companies Inc. now owns 1,448,017 shares of the company’s stock worth $128,468,000 after buying an additional 536,073 shares in the last quarter. Magnetar Financial LLC boosted its position in shares of Visteon by 165.3% in the fourth quarter. Magnetar Financial LLC now owns 21,715 shares of the company’s stock valued at $1,927,000 after acquiring an additional 13,530 shares during the period. Finally, Teacher Retirement System of Texas grew its stake in Visteon by 120.5% during the fourth quarter. Teacher Retirement System of Texas now owns 28,557 shares of the company’s stock valued at $2,534,000 after acquiring an additional 15,606 shares in the last quarter. Hedge funds and other institutional investors own 99.71% of the company’s stock.

Visteon Price Performance

Shares of NASDAQ:VC opened at $80.28 on Friday. The company has a quick ratio of 1.47, a current ratio of 1.74 and a debt-to-equity ratio of 0.23. The stock has a market cap of $2.17 billion, a PE ratio of 8.18, a PEG ratio of 0.42 and a beta of 1.39. The company’s fifty day moving average is $84.38 and its 200 day moving average is $89.12. Visteon Co. has a 52 week low of $75.75 and a 52 week high of $119.16.

Visteon (NASDAQ:VC) last released its quarterly earnings data on Tuesday, February 18th. The company reported $4.44 EPS for the quarter, topping the consensus estimate of $1.97 by $2.47. The firm had revenue of $939.00 million for the quarter, compared to the consensus estimate of $954.17 million. Visteon had a return on equity of 24.58% and a net margin of 7.09%. Research analysts anticipate that Visteon Co. will post 8.42 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of research firms have recently commented on VC. Morgan Stanley reduced their price target on shares of Visteon from $100.00 to $95.00 and set an “equal weight” rating for the company in a research report on Monday, March 3rd. Wells Fargo & Company boosted their target price on Visteon from $119.00 to $124.00 and gave the stock an “overweight” rating in a research report on Wednesday, February 19th. TD Cowen started coverage on Visteon in a report on Friday, March 7th. They issued a “buy” rating and a $108.00 price target on the stock. Royal Bank of Canada cut their price objective on Visteon from $127.00 to $100.00 and set an “outperform” rating for the company in a report on Wednesday, February 19th. Finally, Barclays lowered their target price on shares of Visteon from $115.00 to $110.00 and set an “overweight” rating on the stock in a research note on Monday, March 3rd. Six research analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $117.25.

About Visteon

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.