Proficio Capital Partners LLC Acquires Shares of 13,932 Vontier Co. (NYSE:VNT)

Proficio Capital Partners LLC acquired a new stake in shares of Vontier Co. (NYSE:VNT - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 13,932 shares of the company's stock, valued at approximately $508,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Global X Japan Co. Ltd. raised its stake in shares of Vontier by 137.7% during the 4th quarter. Global X Japan Co. Ltd. now owns 744 shares of the company's stock valued at $27,000 after purchasing an additional 431 shares during the period. Wilmington Savings Fund Society FSB purchased a new stake in shares of Vontier in the third quarter worth about $40,000. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors bought a new position in shares of Vontier in the fourth quarter valued at approximately $99,000. National Bank of Canada FI boosted its position in shares of Vontier by 12.5% in the third quarter. National Bank of Canada FI now owns 4,345 shares of the company's stock valued at $147,000 after acquiring an additional 482 shares during the period. Finally, Quest Partners LLC grew its stake in Vontier by 475.4% during the third quarter. Quest Partners LLC now owns 4,505 shares of the company's stock valued at $152,000 after acquiring an additional 3,722 shares in the last quarter. Institutional investors own 95.83% of the company's stock.

Vontier Trading Down 2.3 %

Shares of Vontier stock traded down $0.77 on Friday, hitting $32.77. The stock had a trading volume of 823,382 shares, compared to its average volume of 845,268. The stock's 50-day simple moving average is $36.63 and its two-hundred day simple moving average is $36.36. 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. The stock has a market cap of $4.87 billion, a price-to-earnings ratio of 11.92, a PEG ratio of 1.23 and a beta of 1.26.

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Vontier (NYSE:VNT - Get Free Report) last released its quarterly earnings data on Thursday, February 13th. The company reported $0.80 earnings per share 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 business had revenue of $776.80 million during the quarter. As a group, sell-side analysts predict that Vontier Co. will post 3.13 EPS for the current year.

Vontier Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 27th. Shareholders of record on Thursday, March 6th were issued a $0.025 dividend. The ex-dividend date was Thursday, March 6th. This represents a $0.10 annualized dividend and a yield of 0.31%. Vontier's dividend payout ratio (DPR) is presently 3.64%.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the stock. Wolfe Research raised shares of Vontier from a "peer perform" rating to an "outperform" rating and set a $48.00 price target for the company in a report on Thursday, December 12th. Robert W. Baird raised their price target on Vontier from $42.00 to $43.00 and gave the company a "neutral" rating in a report on Tuesday, February 18th. Citigroup lowered their target price on shares of Vontier from $46.00 to $44.00 and set a "buy" rating on the stock in a research note on Monday, January 13th. UBS Group began coverage on shares of Vontier in a research note on Tuesday, December 10th. They issued a "buy" rating and a $47.00 price target for the company. Finally, Barclays cut their target price on shares of Vontier from $46.00 to $45.00 and set an "overweight" rating for the company in a research report on Wednesday. Two research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $44.50.

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.