Mutual of America Capital Management LLC Sells 26,088 Shares of Vontier Co. (NYSE:VNT)

Mutual of America Capital Management LLC lessened its holdings in Vontier Co. (NYSE:VNT - Free Report) by 13.0% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 174,313 shares of the company's stock after selling 26,088 shares during the period. Mutual of America Capital Management LLC owned 0.12% of Vontier worth $6,357,000 as of its most recent SEC filing.

A number of other institutional investors have also bought and sold shares of the business. Allspring Global Investments Holdings LLC lifted its holdings in shares of Vontier by 2,814.5% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 281,836 shares of the company's stock worth $10,164,000 after buying an additional 272,166 shares in the last quarter. Integrated Investment Consultants LLC increased its holdings in Vontier by 14.7% in the 4th quarter. Integrated Investment Consultants LLC now owns 67,480 shares of the company's stock valued at $2,461,000 after acquiring an additional 8,657 shares during the last quarter. Wolverine Asset Management LLC purchased a new stake in Vontier in the 4th quarter worth $2,918,000. Fifth Third Wealth Advisors LLC bought a new position in shares of Vontier during the 4th quarter valued at about $223,000. Finally, Oppenheimer Asset Management Inc. boosted its holdings in shares of Vontier by 48.1% during the 4th quarter. Oppenheimer Asset Management Inc. now owns 24,342 shares of the company's stock valued at $888,000 after purchasing an additional 7,909 shares during the last quarter. Hedge funds and other institutional investors own 95.83% of the company's stock.

Analyst Ratings Changes

A number of equities research analysts recently commented on the company. Citigroup decreased 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. Robert W. Baird upped 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. UBS Group began coverage on shares of Vontier in a report on Tuesday, December 10th. They issued a "buy" rating and a $47.00 target price for the company. Wolfe Research upgraded shares of Vontier from a "peer perform" rating to an "outperform" rating and set a $48.00 target price on the stock in a report on Thursday, December 12th. Finally, Barclays upped their target price on shares of Vontier from $45.00 to $46.00 and gave the company an "overweight" rating in a research report on Friday, February 14th. Two analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to MarketBeat.com, Vontier currently has an average rating of "Moderate Buy" and an average target price of $45.43.

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Vontier Trading Down 1.1 %

Shares of VNT traded down $0.37 during midday trading on Friday, hitting $33.60. The stock had a trading volume of 2,014,980 shares, compared to its average volume of 887,179. Vontier Co. has a 1 year low of $31.22 and a 1 year high of $45.62. The company has a debt-to-equity ratio of 1.97, a current ratio of 1.51 and a quick ratio of 1.14. The stock's 50 day moving average is $37.51 and its 200 day moving average is $36.46. The firm has a market cap of $5.00 billion, a PE ratio of 12.22, a price-to-earnings-growth ratio of 1.23 and a beta of 1.26.

Vontier (NYSE:VNT - Get Free Report) last announced its quarterly earnings data 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 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%. As a group, analysts forecast that Vontier Co. will post 3.13 EPS for the current fiscal year.

Vontier Dividend Announcement

The firm also recently announced 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 is Thursday, March 6th. This represents a $0.10 dividend on an annualized basis and a yield of 0.30%. Vontier's payout ratio is 3.64%.

About Vontier

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.