State Street Trimmed Its Position in Visteon (VC) by $4.15 Million as Share Value Rose; Versartis (VSAR) Shareholder Artal Group Sa Boosted Holding

December 7, 2017 - By Henry Gaston

State Street Corp decreased its stake in Visteon Corp (VC) by 7.39% based on its latest 2017Q2 regulatory filing with the SEC. State Street Corp sold 40,697 shares as the company’s stock rose 9.26% with the market. The institutional investor held 509,789 shares of the o.e.m. company at the end of 2017Q2, valued at $52.03 million, down from 550,486 at the end of the previous reported quarter. State Street Corp who had been investing in Visteon Corp for a number of months, seems to be less bullish one the $3.94 billion market cap company. The stock decreased 1.23% or $1.58 during the last trading session, reaching $126.69. About 249,913 shares traded or 8.21% up from the average. Visteon Corporation (NYSE:VC) has risen 41.15% since December 7, 2016 and is uptrending. It has outperformed by 24.45% the S&P500.

Artal Group Sa increased its stake in Versartis Inc (VSAR) by 16.67% based on its latest 2017Q2 regulatory filing with the SEC. Artal Group Sa bought 50,000 shares as the company’s stock declined 2.45% while stock markets rallied. The institutional investor held 350,000 shares of the health care company at the end of 2017Q2, valued at $6.11M, up from 300,000 at the end of the previous reported quarter. Artal Group Sa who had been investing in Versartis Inc for a number of months, seems to be bullish on the $84.15M market cap company. The stock increased 16.05% or $0.32 during the last trading session, reaching $2.35. About 2.81M shares traded or 18.01% up from the average. Versartis, Inc. (NASDAQ:VSAR) has risen 103.18% since December 7, 2016 and is uptrending. It has outperformed by 86.48% the S&P500.




Among 12 analysts covering Versartis Inc (NASDAQ:VSAR), 6 have Buy rating, 1 Sell and 5 Hold. Therefore 50% are positive. Versartis Inc had 26 analyst reports since August 13, 2015 according to SRatingsIntel. The stock of Versartis, Inc. (NASDAQ:VSAR) earned “Buy” rating by Canaccord Genuity on Friday, May 26. The firm earned “Buy” rating on Monday, September 21 by Canaccord Genuity. The rating was downgraded by Barclays Capital to “Underweight” on Friday, September 22. Cantor Fitzgerald maintained the stock with “Buy” rating in Thursday, July 27 report. The rating was initiated by Credit Suisse with “Neutral” on Thursday, August 20. The firm earned “Hold” rating on Friday, September 22 by SunTrust. Piper Jaffray initiated the shares of VSAR in report on Tuesday, October 4 with “Overweight” rating. The stock has “Outperform” rating by Northland Capital on Thursday, April 7. Piper Jaffray maintained the stock with “Buy” rating in Friday, September 8 report. As per Friday, September 22, the company rating was maintained by Cantor Fitzgerald.

Artal Group Sa, which manages about $5.72B US Long portfolio, decreased its stake in Amicus Therapeutics Inc (Call) (NASDAQ:FOLD) by 1.40M shares to 500,000 shares, valued at $5.04 million in 2017Q2, according to the filing. It also reduced its holding in Axovant Sciences Ltd by 75,000 shares in the quarter, leaving it with 175,000 shares, and cut its stake in Metlife Inc (NYSE:MET).

Another recent and important Versartis, Inc. (NASDAQ:VSAR) news was published by Streetinsider.com which published an article titled: “VERSARTIS, INC.” on December 04, 2017.

Investors sentiment decreased to 1.39 in 2017 Q2. Its down 0.74, from 2.13 in 2017Q1. It fall, as 19 investors sold VSAR shares while 19 reduced holdings. 16 funds opened positions while 37 raised stakes. 25.90 million shares or 2.03% more from 25.39 million shares in 2017Q1 were reported. Jacobs Levy Equity Management holds 0.02% in Versartis, Inc. (NASDAQ:VSAR) or 41,678 shares. Rhumbline Advisers reported 35,388 shares or 0% of all its holdings. Blackrock holds 2.38M shares or 0% of its portfolio. Great West Life Assurance Can, Manitoba – Canada-based fund reported 4,500 shares. Ameritas Invest Prtnrs stated it has 0% of its portfolio in Versartis, Inc. (NASDAQ:VSAR). Bancorp Of Mellon Corporation holds 0% or 152,247 shares. Tiaa Cref Inv Limited Liability Corp stated it has 288,960 shares. Bank & Trust Of Montreal Can invested in 0% or 78,468 shares. Artal Group Sa has invested 0.11% in Versartis, Inc. (NASDAQ:VSAR). Principal Financial Grp Incorporated has 187,600 shares. Hightower Advsrs Limited Liability has invested 0% in Versartis, Inc. (NASDAQ:VSAR). State Street Corporation stated it has 0% in Versartis, Inc. (NASDAQ:VSAR). New Leaf Venture Prns Limited Liability Corporation holds 17.75% in Versartis, Inc. (NASDAQ:VSAR) or 1.45M shares. 21,254 were reported by Aqr Cap Mgmt Ltd Liability Co. Credit Suisse Ag reported 25,462 shares.

Since June 13, 2017, it had 0 insider purchases, and 2 sales for $34,219 activity. $11,412 worth of stock was sold by Westberg Paul on Tuesday, June 13.

Among 16 analysts covering Visteon (NYSE:VC), 9 have Buy rating, 0 Sell and 7 Hold. Therefore 56% are positive. Visteon had 44 analyst reports since August 28, 2015 according to SRatingsIntel. Robert W. Baird initiated it with “Outperform” rating and $123.0 target in Friday, September 4 report. The stock of Visteon Corporation (NYSE:VC) has “Buy” rating given on Wednesday, August 30 by Robert W. Baird. The firm earned “Buy” rating on Friday, October 27 by FBR Capital. The firm earned “Hold” rating on Sunday, July 23 by RBC Capital Markets. The stock has “Equal-Weight” rating by Barclays Capital on Wednesday, August 2. On Wednesday, August 30 the stock rating was maintained by RBC Capital Markets with “Hold”. The company was maintained on Monday, October 16 by RBC Capital Markets. The rating was maintained by Robert W. Baird with “Buy” on Monday, October 16. The rating was maintained by Citigroup on Monday, October 30 with “Neutral”. On Monday, April 24 the stock rating was initiated by Morgan Stanley with “Equal-Weight”.

Analysts await Visteon Corporation (NYSE:VC) to report earnings on February, 22. They expect $1.72 earnings per share, down 5.49% or $0.10 from last year’s $1.82 per share. VC’s profit will be $53.49M for 18.41 P/E if the $1.72 EPS becomes a reality. After $1.42 actual earnings per share reported by Visteon Corporation for the previous quarter, Wall Street now forecasts 21.13% EPS growth.

Investors sentiment decreased to 0.97 in Q2 2017. Its down 0.23, from 1.2 in 2017Q1. It worsened, as 24 investors sold VC shares while 88 reduced holdings. 43 funds opened positions while 66 raised stakes. 30.76 million shares or 3.10% less from 31.75 million shares in 2017Q1 were reported. Ngam Lp invested 0.02% in Visteon Corporation (NYSE:VC). Nationwide Fund Advsrs reported 0.02% stake. Ack Asset Ltd Llc reported 2.99% stake. Commonwealth Equity Inc holds 8,592 shares. Metropolitan Life Insur Ny invested in 2,279 shares or 0% of the stock. Advsr Asset Management has invested 0% of its portfolio in Visteon Corporation (NYSE:VC). Next Gp stated it has 0% of its portfolio in Visteon Corporation (NYSE:VC). Tfs Capital Lc reported 0.23% in Visteon Corporation (NYSE:VC). Employees Retirement Systems Of Ohio, a Ohio-based fund reported 117,705 shares. Art Ltd Com reported 16,500 shares. Parametrica Ltd has 2,293 shares. J Goldman And Communication Limited Partnership reported 0.18% of its portfolio in Visteon Corporation (NYSE:VC). Systematic Mgmt LP holds 417,542 shares. Plante Moran Ltd Liability Com invested in 0% or 10 shares. Advisory Rech Inc stated it has 0.07% of its portfolio in Visteon Corporation (NYSE:VC).

State Street Corp, which manages about $1130.53B US Long portfolio, upped its stake in Forestar Group Inc (NYSE:FOR) by 62,951 shares to 911,687 shares, valued at $15.64M in 2017Q2, according to the filing. It also increased its holding in Dst Systems Inc (NYSE:DST) by 853,405 shares in the quarter, for a total of 1.77 million shares, and has risen its stake in American Assets Trust Inc (NYSE:AAT).

More recent Visteon Corporation (NYSE:VC) news were published by: Gurufocus.com which released: “Opus Capital Group, LLC Buys Visteon Corp, Viad Corp, Preferred Apartment …” on November 07, 2017. Also Crainsdetroit.com published the news titled: “Visteon invests $5 million into American Center for Mobility” on November 13, 2017. Reuters.com‘s news article titled: “BRIEF-Visteon says entered amendment no. 3 to its credit agreement, dated as …” with publication date: November 17, 2017 was also an interesting one.

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