Blue Trust Inc. Purchases 1,411 Shares of Vontier Co. (NYSE:VNT)

Blue Trust Inc. grew its position in Vontier Co. (NYSE:VNT) by 33.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,582 shares of the company’s stock after acquiring an additional 1,411 shares during the period. Blue Trust Inc.’s holdings in Vontier were worth $188,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the company. International Assets Investment Management LLC boosted its stake in shares of Vontier by 2,976.5% during the 3rd quarter. International Assets Investment Management LLC now owns 1,046 shares of the company’s stock worth $35,000 after acquiring an additional 1,012 shares during the period. Hazlett Burt & Watson Inc. bought a new position in Vontier during the third quarter worth $37,000. Wilmington Savings Fund Society FSB acquired a new position in shares of Vontier in the third quarter valued at $40,000. Covestor Ltd raised its position in shares of Vontier by 37.1% in the third quarter. Covestor Ltd now owns 1,461 shares of the company’s stock valued at $49,000 after purchasing an additional 395 shares during the period. Finally, National Bank of Canada FI lifted its stake in shares of Vontier by 12.5% during the 3rd quarter. National Bank of Canada FI now owns 4,345 shares of the company’s stock worth $147,000 after buying an additional 482 shares during the last quarter. 95.83% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the stock. Barclays lowered their price target on shares of Vontier from $46.00 to $45.00 and set an “overweight” rating on the stock in a report on Wednesday, January 8th. UBS Group began coverage on Vontier in a report on Tuesday, December 10th. They set a “buy” rating and a $47.00 price target for the company. Wolfe Research raised Vontier from a “peer perform” rating to an “outperform” rating and set a $48.00 price objective on the stock in a report on Thursday, December 12th. Finally, Citigroup dropped their target price on Vontier from $46.00 to $44.00 and set a “buy” rating for the company in a report on Monday, January 13th. Three investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $44.63.

Vontier Stock Up 0.4 %

Shares of NYSE VNT opened at $38.11 on Wednesday. Vontier Co. has a 52 week low of $31.22 and a 52 week high of $45.62. The stock’s fifty day moving average is $37.78 and its 200 day moving average is $36.16. The company has a debt-to-equity ratio of 2.10, a quick ratio of 1.23 and a current ratio of 1.64. The stock has a market capitalization of $5.72 billion, a P/E ratio of 14.60, a PEG ratio of 1.73 and a beta of 1.26.

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.