Atria Investments Inc Sells 4,918 Shares of Vontier Co. (NYSE:VNT)

Atria Investments Inc cut its holdings in Vontier Co. (NYSE:VNT) by 34.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 9,165 shares of the company’s stock after selling 4,918 shares during the quarter. Atria Investments Inc’s holdings in Vontier were worth $334,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of the business. Allspring Global Investments Holdings LLC raised its holdings in Vontier by 2,814.5% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 281,836 shares of the company’s stock worth $10,164,000 after purchasing an additional 272,166 shares in the last quarter. Retirement Systems of Alabama raised its stake in Vontier by 42.1% in the fourth quarter. Retirement Systems of Alabama now owns 705,740 shares of the company’s stock worth $25,738,000 after buying an additional 209,227 shares in the last quarter. Jane Street Group LLC lifted its holdings in Vontier by 398.4% in the third quarter. Jane Street Group LLC now owns 191,285 shares of the company’s stock worth $6,454,000 after buying an additional 152,904 shares during the period. Verition Fund Management LLC lifted its holdings in Vontier by 1,414.9% in the third quarter. Verition Fund Management LLC now owns 159,865 shares of the company’s stock worth $5,394,000 after buying an additional 149,312 shares during the period. Finally, Janus Henderson Group PLC boosted its position in Vontier by 11.2% during the 3rd quarter. Janus Henderson Group PLC now owns 1,311,344 shares of the company’s stock valued at $44,246,000 after acquiring an additional 132,312 shares in the last quarter. Hedge funds and other institutional investors own 95.83% of the company’s stock.

Analyst Ratings Changes

Several research analysts have recently issued reports on the company. Citigroup decreased their target price on Vontier from $46.00 to $44.00 and set a “buy” rating for the company in a research report on Monday, January 13th. Wolfe Research upgraded Vontier from a “peer perform” rating to an “outperform” rating and set a $48.00 price objective for the company in a report on Thursday, December 12th. UBS Group started coverage on shares of Vontier in a report on Tuesday, December 10th. They set a “buy” rating and a $47.00 target price on the stock. Robert W. Baird increased their price target on shares of Vontier from $42.00 to $43.00 and gave the stock a “neutral” rating in a research note on Tuesday, February 18th. Finally, Barclays lifted their price target on shares of Vontier from $45.00 to $46.00 and gave the company an “overweight” rating in a research report on Friday, February 14th. Two equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $45.43.

Vontier Price Performance

Shares of NYSE:VNT opened at $33.47 on Tuesday. The company has a market capitalization of $4.98 billion, a PE ratio of 12.17, a PEG ratio of 1.23 and a beta of 1.26. The business has a fifty day moving average price of $37.01 and a 200-day moving average price of $36.39. Vontier Co. has a 1-year low of $31.22 and a 1-year high of $45.62. 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) last issued 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. The firm had revenue of $776.80 million for the quarter. Vontier had a net margin of 14.17% and a return on equity of 43.22%. As a group, equities analysts expect that Vontier Co. will post 3.13 EPS for the current fiscal year.

Vontier Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 27th. Stockholders of record on Thursday, March 6th will be paid a $0.025 dividend. This represents a $0.10 annualized dividend and a dividend yield of 0.30%. The ex-dividend date is Thursday, March 6th. Vontier’s dividend payout ratio is currently 3.64%.

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.