Quantbot Technologies LP Decreases Stock Holdings in Vontier Co. (NYSE:VNT)

Quantbot Technologies LP lowered its stake in Vontier Co. (NYSE:VNT) by 74.3% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 10,228 shares of the company’s stock after selling 29,576 shares during the quarter. Quantbot Technologies LP’s holdings in Vontier were worth $373,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Quest Partners LLC boosted its stake in shares of Vontier by 475.4% in the 3rd quarter. Quest Partners LLC now owns 4,505 shares of the company’s stock worth $152,000 after buying an additional 3,722 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in Vontier by 3.0% in the third quarter. Charles Schwab Investment Management Inc. now owns 1,474,988 shares of the company’s stock valued at $49,766,000 after acquiring an additional 42,357 shares during the period. Cerity Partners LLC boosted its position in Vontier by 223.0% in the third quarter. Cerity Partners LLC now owns 103,041 shares of the company’s stock worth $3,477,000 after purchasing an additional 71,137 shares during the last quarter. Dynamic Technology Lab Private Ltd bought a new stake in shares of Vontier during the 3rd quarter valued at about $341,000. Finally, Townsquare Capital LLC purchased a new stake in shares of Vontier during the 3rd quarter valued at about $205,000. Institutional investors own 95.83% of the company’s stock.

Vontier Trading Down 2.3 %

Shares of VNT stock opened at $32.77 on Friday. The company has a debt-to-equity ratio of 1.97, a quick ratio of 1.14 and a current ratio of 1.51. The stock has a fifty day simple moving average of $36.53 and a two-hundred day simple moving average of $36.37. The firm has a market capitalization of $4.87 billion, a PE ratio of 11.92, a PEG ratio of 1.23 and a beta of 1.26. Vontier Co. has a 52-week low of $31.22 and a 52-week high of $45.62.

Vontier (NYSE:VNT) last released its earnings results on Thursday, February 13th. The company reported $0.80 earnings per share (EPS) 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 firm had revenue of $776.80 million during the quarter. On average, analysts predict that Vontier Co. will post 3.13 EPS for the current fiscal year.

Vontier Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, March 27th. Investors of record on Thursday, March 6th were given a dividend of $0.025 per share. 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 0.31%. Vontier’s dividend payout ratio is 3.64%.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on VNT. UBS Group initiated coverage on shares of Vontier in a report on Tuesday, December 10th. They issued a “buy” rating and a $47.00 price objective on the stock. Barclays cut their price objective on shares of Vontier from $46.00 to $45.00 and set an “overweight” rating for the company in a research report on Wednesday. Wolfe Research raised Vontier from a “peer perform” rating to an “outperform” rating and set a $48.00 target price on the stock in a report on Thursday, December 12th. Robert W. Baird boosted 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. Finally, Citigroup reduced their price target on Vontier from $46.00 to $44.00 and set a “buy” rating for the company in a research report on Monday, January 13th. Two investment analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price 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.