Strategic Blueprint LLC Takes Position in Vontier Co. (NYSE:VNT)

Strategic Blueprint LLC purchased a new position in shares of Vontier Co. (NYSE:VNT - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 9,726 shares of the company's stock, valued at approximately $355,000.

A number of other hedge funds have also modified their holdings of VNT. International Assets Investment Management LLC boosted its position in Vontier by 2,976.5% in the third quarter. International Assets Investment Management LLC now owns 1,046 shares of the company's stock valued at $35,000 after buying an additional 1,012 shares during the last quarter. Hazlett Burt & Watson Inc. acquired a new position in Vontier during the third quarter valued at $37,000. Wilmington Savings Fund Society FSB purchased a new stake in Vontier in the third quarter valued at $40,000. Covestor Ltd grew its position in Vontier by 37.1% during the 3rd quarter. Covestor Ltd now owns 1,461 shares of the company's stock worth $49,000 after purchasing an additional 395 shares during the period. Finally, Blue Trust Inc. boosted its stake in shares of Vontier by 10.9% in the third quarter. Blue Trust Inc. now owns 4,171 shares of the company's stock worth $141,000 after buying an additional 410 shares during the last quarter. 95.83% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on VNT. Wolfe Research upgraded Vontier from a "peer perform" rating to an "outperform" rating and set a $48.00 target price on the stock in a research report on Thursday, December 12th. Barclays cut their price objective on Vontier from $46.00 to $45.00 and set an "overweight" rating for the company in a research report on Wednesday, January 8th. UBS Group began coverage on shares of Vontier in a report on Tuesday, December 10th. They issued a "buy" rating and a $47.00 price target for the company. Finally, Citigroup decreased their price objective on shares of Vontier from $46.00 to $44.00 and set a "buy" rating on the stock in a report on Monday, January 13th. Three research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $44.63.

Vontier Price Performance

VNT stock traded up $0.22 during mid-day trading on Tuesday, reaching $38.17. The company's stock had a trading volume of 177,684 shares, compared to its average volume of 572,562. The stock has a market cap of $5.73 billion, a PE ratio of 14.62, a P/E/G ratio of 1.73 and a beta of 1.26. The company's 50 day moving average is $37.78 and its two-hundred day moving average is $36.16. Vontier Co. has a fifty-two week low of $31.22 and a fifty-two week high of $45.62. The company has a current ratio of 1.64, a quick ratio of 1.23 and a debt-to-equity ratio of 2.10.

Vontier Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, December 12th. Shareholders of record on Thursday, November 21st were paid a dividend of $0.025 per share. This represents a $0.10 dividend on an annualized basis and a yield of 0.26%. The ex-dividend date of this dividend was Thursday, November 21st. Vontier's dividend payout ratio (DPR) is currently 3.83%.

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.