Natixis Advisors LLC lowered its stake in Vontier Co. (NYSE:VNT - Free Report) by 78.9% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 24,692 shares of the company's stock after selling 92,372 shares during the period. Natixis Advisors LLC's holdings in Vontier were worth $900,000 as of its most recent SEC filing.
Several other large investors also recently made changes to their positions in the stock. Global X Japan Co. Ltd. grew its stake in 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 buying an additional 431 shares during the last quarter. Wilmington Savings Fund Society FSB acquired a new stake in shares of Vontier in the third quarter valued at about $40,000. Farther Finance Advisors LLC increased its stake in shares of Vontier by 44.5% in the fourth quarter. Farther Finance Advisors LLC now owns 2,273 shares of the company's stock worth $83,000 after purchasing an additional 700 shares during the period. Wealthfront Advisers LLC acquired a new position in shares of Vontier during the 4th quarter worth about $98,000. Finally, C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors bought a new stake in Vontier during the 4th quarter valued at approximately $99,000. Institutional investors own 95.83% of the company's stock.
Vontier Stock Performance
Vontier stock traded down $0.77 on Friday, hitting $32.77. The company's stock had a trading volume of 823,382 shares, compared to its average volume of 845,316. The company has a fifty day moving average price of $36.53 and a 200-day moving average price of $36.43. The firm has a market cap of $4.87 billion, a P/E ratio of 11.92, a price-to-earnings-growth ratio of 1.23 and a beta of 1.26. Vontier Co. has a one year low of $31.22 and a one year high of $45.62. The company has a quick ratio of 1.14, a current ratio of 1.51 and a debt-to-equity ratio of 1.97.
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, topping the consensus estimate of $0.79 by $0.01. Vontier had a return on equity of 43.22% and a net margin of 14.17%. The firm had revenue of $776.80 million during the quarter. On average, equities analysts anticipate that Vontier Co. will post 3.13 earnings per share for the current year.
Vontier Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Thursday, March 27th. Investors of record on Thursday, March 6th were issued a $0.025 dividend. This represents a $0.10 dividend on an annualized basis and a dividend yield of 0.31%. The ex-dividend date of this dividend was Thursday, March 6th. Vontier's dividend payout ratio is currently 3.64%.
Wall Street Analyst Weigh In
A number of research analysts have recently commented on the company. UBS Group assumed coverage on Vontier in a report on Tuesday, December 10th. They set a "buy" rating and a $47.00 price target for the company. Robert W. Baird upped their target price 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. Citigroup decreased their price target on shares of Vontier from $46.00 to $44.00 and set a "buy" rating on the stock in a research report on Monday, January 13th. 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 report on Thursday, December 12th. Finally, Barclays reduced their target price on shares of Vontier from $46.00 to $45.00 and set an "overweight" rating for the company in a research note on Wednesday. Two research analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to MarketBeat, Vontier has a consensus rating of "Moderate Buy" and an average target price of $44.50.
View Our Latest Report on Vontier
Vontier Company Profile
(
Free Report)
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.
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