14,469 Shares in Vontier Co. (NYSE:VNT) Acquired by Magnetar Financial LLC

Magnetar Financial LLC acquired a new position in shares of Vontier Co. (NYSE:VNT - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 14,469 shares of the company's stock, valued at approximately $528,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Global X Japan Co. Ltd. increased its position in Vontier by 137.7% during the fourth quarter. Global X Japan Co. Ltd. now owns 744 shares of the company's stock worth $27,000 after buying an additional 431 shares during the period. Wilmington Savings Fund Society FSB acquired a new position in shares of Vontier in the 3rd quarter valued at $40,000. Farther Finance Advisors LLC raised its position in 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 stake in Vontier during the 4th quarter worth $98,000. Finally, C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors purchased a new position in Vontier during the 4th quarter worth $99,000. 95.83% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

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

Remove Ads

Vontier Price Performance

Shares of NYSE VNT traded down $0.08 during trading on Wednesday, reaching $34.23. The company had a trading volume of 614,168 shares, compared to its average volume of 812,631. 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 twelve month low of $31.22 and a twelve month high of $45.62. The stock has a 50-day moving average price of $36.75 and a two-hundred day moving average price of $36.40. The stock has a market capitalization of $5.09 billion, a PE ratio of 12.45, a price-to-earnings-growth ratio of 1.23 and a beta of 1.26.

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

Vontier Dividend Announcement

The firm 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 dividend of $0.025 per share. This represents a $0.10 annualized dividend and a dividend yield of 0.29%. The ex-dividend date of this dividend is Thursday, March 6th. Vontier's dividend payout ratio (DPR) is 3.64%.

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.