33,899 Shares in Vontier Co. (NYSE:VNT) Acquired by New Age Alpha Advisors LLC

New Age Alpha Advisors LLC purchased a new position in shares of Vontier Co. (NYSE:VNT - Free Report) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund purchased 33,899 shares of the company's stock, valued at approximately $1,236,000.

A number of other institutional investors have also made changes to their positions in the stock. Global X Japan Co. Ltd. raised its position in Vontier by 137.7% in the 4th quarter. Global X Japan Co. Ltd. now owns 744 shares of the company's stock valued at $27,000 after buying an additional 431 shares during the last quarter. Wilmington Savings Fund Society FSB bought a new position in shares of Vontier in the third quarter worth $40,000. Farther Finance Advisors LLC increased its stake in shares of Vontier by 44.5% in the 4th quarter. Farther Finance Advisors LLC now owns 2,273 shares of the company's stock valued at $83,000 after purchasing an additional 700 shares during the last quarter. Wealthfront Advisers LLC acquired a new position in shares of Vontier during the fourth quarter worth $98,000. Finally, C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors acquired a new position in shares of Vontier during the fourth quarter worth $99,000. 95.83% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on VNT shares. Wolfe Research raised shares of Vontier from a "peer perform" rating to an "outperform" rating and set a $48.00 target price on the stock in a research note on Thursday, December 12th. Robert W. Baird lifted their price target on shares of Vontier from $42.00 to $43.00 and gave the stock a "neutral" rating in a report on Tuesday, February 18th. Citigroup cut their price target on Vontier from $46.00 to $44.00 and set a "buy" rating for the company in a report on Monday, January 13th. Barclays lowered their price target on Vontier from $46.00 to $45.00 and set an "overweight" rating on the stock in a report on Wednesday, March 26th. Finally, UBS Group assumed coverage on shares of Vontier in a research report on Tuesday, December 10th. They set a "buy" rating and a $47.00 price target on the stock. Two investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $44.50.

Remove Ads

Vontier Trading Down 8.5 %

VNT traded down $2.87 during trading hours on Thursday, reaching $30.78. 578,197 shares of the company's stock traded hands, compared to its average volume of 922,515. The company has a quick ratio of 1.14, a current ratio of 1.51 and a debt-to-equity ratio of 1.97. The firm has a market capitalization of $4.58 billion, a PE ratio of 11.19, a PEG ratio of 1.23 and a beta of 1.26. The firm has a 50-day moving average price of $36.22 and a 200 day moving average price of $36.41. Vontier Co. has a 52-week low of $30.17 and a 52-week high of $44.25.

Vontier (NYSE:VNT - Get Free Report) last issued its quarterly earnings results on Thursday, February 13th. The company reported $0.80 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.79 by $0.01. Vontier had a return on equity of 43.22% and a net margin of 14.17%. The business had revenue of $776.80 million for the quarter. As a group, sell-side analysts predict that Vontier Co. will post 3.13 EPS for the current fiscal year.

Vontier Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 27th. Investors of record on Thursday, March 6th were paid a $0.025 dividend. This represents a $0.10 annualized dividend and a yield of 0.32%. The ex-dividend date was Thursday, March 6th. Vontier's dividend payout ratio is currently 3.64%.

Vontier Profile

Vontier Corporation provides mobility ecosystem solutions worldwide. The company operates through Mobility Technologies, Repair Solutions, and Environmental and Fueling Solutions segments. The Mobility Technologies segment provides digitally equipment solutions for mobility ecosystem, such as point-of-sale and payment systems, workflow automation, telematics, data analytics, software platform, and integrated solutions for alternative fuel dispensing.