Anchor Capital Advisors LLC Sells 1,106,951 Shares of Vontier Co. (NYSE:VNT)

Anchor Capital Advisors LLC lowered its holdings in Vontier Co. (NYSE:VNT - Free Report) by 96.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 37,848 shares of the company's stock after selling 1,106,951 shares during the quarter. Anchor Capital Advisors LLC's holdings in Vontier were worth $1,380,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Global X Japan Co. Ltd. boosted its stake in Vontier by 137.7% in the fourth quarter. Global X Japan Co. Ltd. now owns 744 shares of the company's stock worth $27,000 after purchasing an additional 431 shares in the last quarter. International Assets Investment Management LLC boosted its stake in Vontier by 2,976.5% in the third quarter. International Assets Investment Management LLC now owns 1,046 shares of the company's stock worth $35,000 after purchasing an additional 1,012 shares in the last quarter. Hazlett Burt & Watson Inc. acquired a new position in Vontier in the third quarter worth $37,000. Wilmington Savings Fund Society FSB bought a new stake in shares of Vontier during the third quarter worth $40,000. Finally, Covestor Ltd raised its position in shares of Vontier by 37.1% during the third quarter. Covestor Ltd now owns 1,461 shares of the company's stock worth $49,000 after acquiring an additional 395 shares during the last quarter. Institutional investors and hedge funds own 95.83% of the company's stock.

Vontier Stock Down 3.1 %

NYSE VNT traded down $1.17 during trading hours on Monday, hitting $36.18. 938,133 shares of the company traded hands, compared to its average volume of 822,316. 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 business's 50-day moving average is $37.67 and its 200-day moving average is $36.48. The stock has a market capitalization of $5.38 billion, a price-to-earnings ratio of 13.16, a P/E/G ratio of 1.23 and a beta of 1.26. Vontier Co. has a twelve month low of $31.22 and a twelve month high of $45.62.

Vontier (NYSE:VNT - Get Free Report) last released its quarterly earnings data on Thursday, February 13th. The company reported $0.80 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.79 by $0.01. The firm had revenue of $776.80 million for the quarter. Vontier had a return on equity of 43.22% and a net margin of 14.17%. Sell-side analysts anticipate that Vontier Co. will post 3.13 earnings per share for the current year.

Vontier Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 27th. Shareholders of record on Thursday, March 6th will be paid a $0.025 dividend. The ex-dividend date of this dividend is Thursday, March 6th. This represents a $0.10 annualized dividend and a yield of 0.28%. Vontier's dividend payout ratio is 3.64%.

Analyst Ratings Changes

VNT has been the subject of a number of recent research reports. Citigroup dropped their target price on Vontier from $46.00 to $44.00 and set a "buy" rating for the company in a research report on Monday, January 13th. Wolfe Research upgraded Vontier from a "peer perform" rating to an "outperform" rating and set a $48.00 target price for the company in a research report on Thursday, December 12th. Barclays boosted their target price on Vontier from $45.00 to $46.00 and gave the stock an "overweight" rating in a research report on Friday, February 14th. UBS Group assumed coverage on Vontier in a report on Tuesday, December 10th. They issued a "buy" rating and a $47.00 price objective for the company. Finally, Robert W. Baird upped their price objective on Vontier from $42.00 to $43.00 and gave the company a "neutral" rating in a report on Tuesday, February 18th. Two research analysts have rated the stock with a hold rating and five have given a buy rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $45.43.

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.