Trexquant Investment LP Purchases Shares of 30,267 Vontier Co. (NYSE:VNT)

Trexquant Investment LP purchased a new stake in shares of Vontier Co. (NYSE:VNT - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 30,267 shares of the company's stock, valued at approximately $1,104,000.

Several other institutional investors have also recently modified their holdings of the company. Geode Capital Management LLC grew its stake in Vontier by 0.7% in the 3rd quarter. Geode Capital Management LLC now owns 2,571,207 shares of the company's stock valued at $86,776,000 after acquiring an additional 18,091 shares during the period. River Road Asset Management LLC raised its position in shares of Vontier by 6.2% during the 4th quarter. River Road Asset Management LLC now owns 2,502,132 shares of the company's stock valued at $91,253,000 after buying an additional 145,574 shares during the period. Norges Bank acquired a new stake in Vontier during the fourth quarter worth $64,869,000. Bank of New York Mellon Corp boosted its position in shares of Vontier by 2.1% during the 4th quarter. Bank of New York Mellon Corp now owns 1,506,595 shares of the company's stock worth $54,946,000 after purchasing an additional 30,362 shares during the period. Finally, Charles Schwab Investment Management Inc. lifted its stake in Vontier by 0.4% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,480,343 shares of the company's stock worth $53,988,000 after acquiring an additional 5,355 shares in the last quarter. 95.83% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on the company. Barclays decreased their price target on Vontier from $46.00 to $45.00 and set an "overweight" rating for the company in a report on Wednesday, March 26th. Citigroup lowered their target price on Vontier from $45.00 to $36.00 and set a "buy" rating on the stock in a report on Monday. Finally, Robert W. Baird raised their price objective on Vontier from $42.00 to $43.00 and gave the stock a "neutral" rating in a report on Tuesday, February 18th. Two research analysts have rated the stock with a hold rating and five have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $43.17.

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Vontier Stock Performance

Shares of NYSE VNT traded up $0.05 during trading hours on Tuesday, reaching $30.31. The stock had a trading volume of 383,455 shares, compared to its average volume of 863,448. The company has a market cap of $4.51 billion, a price-to-earnings ratio of 11.02, a PEG ratio of 1.23 and a beta of 1.28. The business's fifty day moving average is $34.47 and its two-hundred day moving average is $36.14. Vontier Co. has a twelve month low of $27.22 and a twelve month high of $42.04. The company has a debt-to-equity ratio of 1.97, a current ratio of 1.51 and a quick ratio of 1.14.

Vontier (NYSE:VNT - Get Free Report) last announced its quarterly earnings data on Thursday, February 13th. The company reported $0.80 EPS for the quarter, topping analysts' consensus estimates 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, research analysts expect that Vontier Co. will post 3.13 EPS for the current year.

Vontier Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 27th. Stockholders of record on Thursday, March 6th were issued a $0.025 dividend. The ex-dividend date of this dividend was Thursday, March 6th. This represents a $0.10 dividend on an annualized basis and a dividend yield of 0.33%. Vontier's dividend payout ratio (DPR) is presently 3.64%.

About Vontier

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.