Aigen Investment Management LP Lowers Stock Holdings in Vontier Co. (NYSE:VNT)

Aigen Investment Management LP decreased its position in Vontier Co. (NYSE:VNT - Free Report) by 69.5% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 9,863 shares of the company's stock after selling 22,440 shares during the period. Aigen Investment Management LP's holdings in Vontier were worth $360,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of VNT. International Assets Investment Management LLC increased its holdings in shares of Vontier by 2,976.5% in the third quarter. International Assets Investment Management LLC now owns 1,046 shares of the company's stock valued at $35,000 after purchasing an additional 1,012 shares during the last quarter. Van ECK Associates Corp acquired a new position in Vontier in the 3rd quarter valued at $2,611,000. Atria Investments Inc increased its position in shares of Vontier by 5.4% in the third quarter. Atria Investments Inc now owns 14,083 shares of the company's stock worth $475,000 after purchasing an additional 718 shares during the period. Covestor Ltd raised its position in shares of Vontier by 37.1% in the 3rd quarter. Covestor Ltd now owns 1,461 shares of the company's stock valued at $49,000 after buying an additional 395 shares in the last quarter. Finally, MQS Management LLC bought a new position in shares of Vontier in the 3rd quarter valued at $322,000. Institutional investors and hedge funds own 95.83% of the company's stock.

Vontier Stock Down 4.1 %

NYSE:VNT traded down $1.39 during mid-day trading on Monday, hitting $32.26. 1,155,353 shares of the company's stock traded hands, compared to its average volume of 890,865. Vontier Co. has a twelve month low of $31.22 and a twelve month high of $45.62. The company has a fifty day moving average of $37.45 and a 200 day moving average of $36.48. The company has a debt-to-equity ratio of 1.97, a quick ratio of 1.14 and a current ratio of 1.51. The company has a market capitalization of $4.80 billion, a P/E ratio of 11.71, a P/E/G ratio of 1.23 and a beta of 1.26.

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

Vontier Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 27th. Stockholders of record on Thursday, March 6th will be issued a $0.025 dividend. The ex-dividend date of this dividend is Thursday, March 6th. This represents a $0.10 dividend on an annualized basis and a dividend yield of 0.31%. Vontier's payout ratio is 3.64%.

Analysts Set New Price Targets

A number of research firms have recently commented on VNT. Barclays upped their price objective on shares of Vontier from $45.00 to $46.00 and gave the company an "overweight" rating in a research note on Friday, February 14th. UBS Group began coverage on shares of Vontier in a research note on Tuesday, December 10th. They set a "buy" rating and a $47.00 price target for the company. Robert W. Baird boosted their price objective on Vontier from $42.00 to $43.00 and gave the stock a "neutral" rating in a report on Tuesday, February 18th. Citigroup reduced their price objective on shares of Vontier from $46.00 to $44.00 and set a "buy" rating on the stock in a research report on Monday, January 13th. Finally, Wolfe Research upgraded Vontier from a "peer perform" rating to an "outperform" rating and set a $48.00 price target on the stock in a research report on Thursday, December 12th. Two investment analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $45.43.

Vontier Company 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.