Prudential Financial Inc. decreased its position in Vontier Co. (NYSE:VNT - Free Report) by 64.9% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 17,055 shares of the company's stock after selling 31,579 shares during the period. Prudential Financial Inc.'s holdings in Vontier were worth $649,000 as of its most recent SEC filing.
A number of other hedge funds also recently modified their holdings of VNT. Allspring Global Investments Holdings LLC boosted its position in shares of Vontier by 2,814.5% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 281,836 shares of the company's stock valued at $10,164,000 after acquiring an additional 272,166 shares in the last quarter. Proficio Capital Partners LLC acquired a new stake in Vontier in the 4th quarter valued at $508,000. Integrated Investment Consultants LLC grew its position in Vontier by 14.7% in the fourth 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 period. Wolverine Asset Management LLC bought a new position in shares of Vontier during the fourth quarter valued at $2,918,000. Finally, Oppenheimer Asset Management Inc. boosted its stake in shares of Vontier by 48.1% in 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 in the last quarter. Institutional investors own 95.83% of the company's stock.
Vontier Price Performance
Shares of Vontier stock traded up $0.19 during midday trading on Friday, reaching $29.92. The company had a trading volume of 959,609 shares, compared to its average volume of 864,809. The stock has a fifty day simple moving average of $34.64 and a 200 day simple moving average of $36.17. Vontier Co. has a 1-year low of $27.22 and a 1-year high of $42.04. The company has a current ratio of 1.51, a quick ratio of 1.14 and a debt-to-equity ratio of 1.97. The company has a market capitalization of $4.45 billion, a price-to-earnings ratio of 10.88, a price-to-earnings-growth ratio of 1.23 and a beta of 1.28.
Vontier (NYSE:VNT - Get Free Report) last released its earnings results on Thursday, February 13th. The company reported $0.80 EPS for the quarter, beating 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 company had revenue of $776.80 million during the quarter. As a group, equities research analysts forecast that Vontier Co. will post 3.13 earnings per share for the current year.
Vontier Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Thursday, March 27th. Stockholders of record on Thursday, March 6th were paid a $0.025 dividend. This represents a $0.10 annualized dividend and a dividend yield of 0.33%. The ex-dividend date of this dividend was Thursday, March 6th. Vontier's dividend payout ratio (DPR) is presently 3.64%.
Analyst Ratings Changes
Several equities analysts recently issued reports on the stock. Barclays cut their price target on shares of Vontier from $46.00 to $45.00 and set an "overweight" rating for the company in a report on Wednesday, March 26th. Robert W. Baird boosted their target price on Vontier from $42.00 to $43.00 and gave the stock a "neutral" rating in a report on Tuesday, February 18th. Finally, Citigroup dropped their price target on Vontier from $46.00 to $44.00 and set a "buy" rating for the company in a report on Monday, January 13th. Two equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company's stock. According to MarketBeat.com, Vontier presently has a consensus rating of "Moderate Buy" and a consensus price target of $44.50.
Read Our Latest Research Report on VNT
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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