26,183 Shares in Visteon Corporation $VC Acquired by Leuthold Group LLC

Leuthold Group LLC acquired a new stake in Visteon Corporation (NASDAQ:VC) during the third quarter, according to its most recent filing with the SEC. The firm acquired 26,183 shares of the company’s stock, valued at approximately $3,138,000. Leuthold Group LLC owned about 0.10% of Visteon as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently made changes to their positions in VC. Cullen Frost Bankers Inc. acquired a new stake in Visteon in the third quarter worth about $30,000. USA Financial Formulas bought a new stake in shares of Visteon during the third quarter worth approximately $44,000. Plato Investment Management Ltd acquired a new position in Visteon in the third quarter valued at approximately $48,000. Hantz Financial Services Inc. boosted its stake in Visteon by 72.0% in the third quarter. Hantz Financial Services Inc. now owns 423 shares of the company’s stock valued at $51,000 after acquiring an additional 177 shares during the last quarter. Finally, EMC Capital Management bought a new position in Visteon in the second quarter valued at approximately $45,000. Institutional investors own 99.71% of the company’s stock.

Visteon Stock Up 1.9%

Visteon stock opened at $101.70 on Thursday. The company has a 50 day moving average of $97.98 and a 200-day moving average of $109.02. The company has a quick ratio of 1.56, a current ratio of 1.89 and a debt-to-equity ratio of 0.18. Visteon Corporation has a twelve month low of $65.10 and a twelve month high of $129.10. The stock has a market capitalization of $2.77 billion, a PE ratio of 9.14 and a beta of 1.16.

Wall Street Analyst Weigh In

VC has been the topic of a number of analyst reports. JPMorgan Chase & Co. increased their price target on Visteon from $104.00 to $122.00 and gave the company a “neutral” rating in a research note on Monday, October 20th. Robert W. Baird set a $126.00 target price on Visteon in a research report on Wednesday, January 14th. Zacks Research downgraded shares of Visteon from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 30th. Wall Street Zen cut shares of Visteon from a “buy” rating to a “hold” rating in a report on Saturday, November 1st. Finally, The Goldman Sachs Group set a $120.00 target price on shares of Visteon in a research note on Thursday, January 15th. Nine investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $127.15.

Visteon Company Profile

Visteon Corporation is a global automotive electronics supplier that specializes in designing, engineering and manufacturing cockpit electronics and connected vehicle solutions. The company’s product portfolio spans digital instrument clusters, infotainment systems, domain controllers and advanced driver interaction technologies. By integrating hardware, software and services, Visteon aims to deliver complete cockpit electronics platforms that enhance driver experience, safety and connectivity.

Founded in 2000 as a spin-off from Ford Motor Company, Visteon has evolved its focus toward next-generation electronics and software-driven vehicle architectures.