Arrowstreet Capital Limited Partnership Purchases 137,032 Shares of Vontier Co. (NYSE:VNT)

Arrowstreet Capital Limited Partnership lifted its holdings in Vontier Co. (NYSE:VNT - Free Report) by 11.2% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 1,362,463 shares of the company's stock after acquiring an additional 137,032 shares during the quarter. Arrowstreet Capital Limited Partnership owned 0.91% of Vontier worth $49,689,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. Bailard Inc. lifted its stake in Vontier by 0.6% in the fourth quarter. Bailard Inc. now owns 61,207 shares of the company's stock worth $2,232,000 after purchasing an additional 356 shares during the last quarter. TD Private Client Wealth LLC lifted its stake in shares of Vontier by 9.7% in the 3rd quarter. TD Private Client Wealth LLC now owns 4,557 shares of the company's stock valued at $154,000 after acquiring an additional 404 shares during the last quarter. Global X Japan Co. Ltd. lifted its stake in shares of 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 acquiring an additional 431 shares during the last quarter. American Century Companies Inc. boosted its holdings in Vontier by 1.1% during the 4th quarter. American Century Companies Inc. now owns 39,342 shares of the company's stock valued at $1,435,000 after acquiring an additional 447 shares during the period. Finally, National Bank of Canada FI grew its position in Vontier by 12.5% during the 3rd quarter. National Bank of Canada FI now owns 4,345 shares of the company's stock worth $147,000 after acquiring an additional 482 shares during the last quarter. Hedge funds and other institutional investors own 95.83% of the company's stock.

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Vontier Trading Down 9.6 %

NYSE VNT traded down $3.24 during trading on Thursday, hitting $30.42. The company had a trading volume of 1,202,851 shares, compared to its average volume of 846,289. The company's fifty day moving average is $36.06 and its 200-day moving average is $36.37. The company has a market cap of $4.52 billion, a price-to-earnings ratio of 11.06, a price-to-earnings-growth ratio of 1.23 and a beta of 1.26. The company has a current ratio of 1.51, a quick ratio of 1.14 and a debt-to-equity ratio of 1.97. Vontier Co. has a one year low of $30.18 and a one year high of $44.25.

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

Vontier Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 27th. Investors of record on Thursday, March 6th were given a dividend of $0.025 per share. The ex-dividend date of this dividend was Thursday, March 6th. This represents a $0.10 dividend on an annualized basis and a yield of 0.33%. Vontier's dividend payout ratio (DPR) is currently 3.64%.

Analysts Set New Price Targets

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

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.