Janney Montgomery Scott LLC Sells 30,263 Shares of Vontier Co. (NYSE:VNT)

Janney Montgomery Scott LLC trimmed its holdings in shares of Vontier Co. (NYSE:VNT - Free Report) by 38.2% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 49,021 shares of the company's stock after selling 30,263 shares during the period. Janney Montgomery Scott LLC's holdings in Vontier were worth $1,788,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. Covestor Ltd boosted its holdings in Vontier by 37.1% in the third quarter. Covestor Ltd now owns 1,461 shares of the company's stock worth $49,000 after acquiring an additional 395 shares in the last quarter. TD Private Client Wealth LLC lifted its position in shares of Vontier by 9.7% during the 3rd quarter. TD Private Client Wealth LLC now owns 4,557 shares of the company's stock worth $154,000 after buying an additional 404 shares in the last quarter. Blue Trust Inc. increased its position in shares of Vontier by 10.9% during the third quarter. Blue Trust Inc. now owns 4,171 shares of the company's stock valued at $141,000 after acquiring an additional 410 shares during the last quarter. National Bank of Canada FI lifted its holdings in Vontier by 12.5% during the third 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 period. Finally, Creative Planning increased its position in shares of Vontier by 2.8% during the 2nd quarter. Creative Planning now owns 17,918 shares of the company's stock valued at $684,000 after purchasing an additional 491 shares during the last quarter. Institutional investors and hedge funds own 95.83% of the company's stock.

Vontier Trading Down 0.1 %

VNT stock traded down $0.05 during midday trading on Thursday, hitting $38.83. The company had a trading volume of 544,763 shares, compared to its average volume of 575,840. The company has a current ratio of 1.64, a quick ratio of 1.23 and a debt-to-equity ratio of 2.10. Vontier Co. has a 52 week low of $31.22 and a 52 week high of $45.62. The stock has a market cap of $5.83 billion, a price-to-earnings ratio of 14.88, a PEG ratio of 1.73 and a beta of 1.26. The stock's 50 day moving average price is $37.76 and its 200 day moving average price is $36.17.

Analysts Set New Price Targets

A number of analysts have issued reports on VNT shares. UBS Group began coverage on Vontier in a research report on Tuesday, December 10th. They issued a "buy" rating and a $47.00 target price for the company. Citigroup dropped their target price on Vontier from $46.00 to $44.00 and set a "buy" rating on the stock in a research report on Monday, January 13th. Barclays decreased their price objective on Vontier from $46.00 to $45.00 and set an "overweight" rating on the stock in a research note on Wednesday, January 8th. 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. Three investment analysts have rated the stock with a hold rating and five have given a buy rating to the company's stock. According to MarketBeat.com, Vontier currently has an average rating of "Moderate Buy" and a consensus target price of $44.63.

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.