Pacer Advisors Inc. lessened its holdings in Vontier Co. (NYSE:VNT - Free Report) by 37.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 22,386 shares of the company's stock after selling 13,148 shares during the quarter. Pacer Advisors Inc.'s holdings in Vontier were worth $816,000 as of its most recent SEC filing.
A number of other hedge funds also recently made changes to their positions in VNT. International Assets Investment Management LLC lifted its stake in Vontier by 2,976.5% during the third quarter. International Assets Investment Management LLC now owns 1,046 shares of the company's stock worth $35,000 after purchasing an additional 1,012 shares during the period. Hazlett Burt & Watson Inc. bought a new position in shares of Vontier during the 3rd quarter worth approximately $37,000. Wilmington Savings Fund Society FSB acquired a new stake in Vontier in the 3rd quarter valued at $40,000. Covestor Ltd grew its position in Vontier by 37.1% in the third quarter. Covestor Ltd now owns 1,461 shares of the company's stock valued at $49,000 after acquiring an additional 395 shares during the period. Finally, Blue Trust Inc. raised its stake in Vontier by 10.9% during the third quarter. Blue Trust Inc. now owns 4,171 shares of the company's stock worth $141,000 after acquiring an additional 410 shares in the last quarter. Institutional investors and hedge funds own 95.83% of the company's stock.
Analysts Set New Price Targets
Several equities research analysts have recently commented on the stock. 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 research note on Thursday, December 12th. Citigroup reduced 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. UBS Group initiated coverage on shares of Vontier in a report on Tuesday, December 10th. They set a "buy" rating and a $47.00 price objective for the company. Finally, Barclays reduced their target price on Vontier from $46.00 to $45.00 and set an "overweight" rating on the stock in a report on Wednesday, January 8th. Three research analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $44.63.
Check Out Our Latest Analysis on Vontier
Vontier Trading Down 1.1 %
NYSE VNT traded down $0.44 during trading hours on Friday, hitting $38.40. The company's stock had a trading volume of 581,561 shares, compared to its average volume of 576,066. Vontier Co. has a twelve month low of $31.22 and a twelve month high of $45.62. The firm has a market capitalization of $5.77 billion, a P/E ratio of 14.71, a PEG ratio of 1.73 and a beta of 1.26. The company has a quick ratio of 1.23, a current ratio of 1.64 and a debt-to-equity ratio of 2.10. The stock has a fifty day moving average of $37.75 and a 200 day moving average of $36.19.
Vontier 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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