Bfsg LLC Sells 2,183 Shares of Vontier Co. (NYSE:VNT)

Bfsg LLC lessened its holdings in Vontier Co. (NYSE:VNT) by 21.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 8,142 shares of the company’s stock after selling 2,183 shares during the period. Bfsg LLC’s holdings in Vontier were worth $281,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of VNT. Exchange Traded Concepts LLC grew its position in Vontier by 1.5% in the third quarter. Exchange Traded Concepts LLC now owns 59,101 shares of the company’s stock valued at $1,827,000 after acquiring an additional 852 shares during the last quarter. Miller Howard Investments Inc. NY acquired a new stake in shares of Vontier during the third quarter valued at about $333,000. Commonwealth Equity Services LLC boosted its stake in shares of Vontier by 7.2% during the third quarter. Commonwealth Equity Services LLC now owns 12,930 shares of the company’s stock valued at $400,000 after purchasing an additional 864 shares in the last quarter. Robeco Institutional Asset Management B.V. boosted its stake in shares of Vontier by 174.8% during the third quarter. Robeco Institutional Asset Management B.V. now owns 46,218 shares of the company’s stock valued at $1,429,000 after purchasing an additional 29,398 shares in the last quarter. Finally, FinTrust Capital Advisors LLC boosted its stake in shares of Vontier by 1,985.7% during the third quarter. FinTrust Capital Advisors LLC now owns 1,168 shares of the company’s stock valued at $36,000 after purchasing an additional 1,112 shares in the last quarter. Institutional investors own 95.83% of the company’s stock.

Analysts Set New Price Targets

VNT has been the topic of a number of recent research reports. Citigroup lifted their price target on Vontier from $45.00 to $51.00 and gave the company a “buy” rating in a research note on Monday, April 8th. Argus lifted their price objective on Vontier from $39.00 to $50.00 and gave the stock a “buy” rating in a research note on Monday, March 18th. Bank of America raised Vontier from a “neutral” rating to a “buy” rating and lifted their price objective for the stock from $37.00 to $40.00 in a research note on Thursday, January 11th. The Goldman Sachs Group boosted their price target on Vontier from $37.00 to $41.00 and gave the company a “neutral” rating in a research note on Tuesday, February 20th. Finally, Evercore ISI boosted their price target on Vontier from $40.00 to $47.00 and gave the company an “outperform” rating in a research note on Tuesday, February 20th. One investment analyst has rated the stock with a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $45.00.

Vontier Stock Down 1.1 %

Shares of NYSE VNT traded down $0.45 during midday trading on Wednesday, hitting $40.31. 461,392 shares of the stock traded hands, compared to its average volume of 769,100. The company has a market cap of $6.23 billion, a PE ratio of 16.79, a P/E/G ratio of 1.17 and a beta of 1.31. Vontier Co. has a one year low of $26.23 and a one year high of $45.62. The business has a 50 day moving average price of $42.63 and a two-hundred day moving average price of $36.71. The company has a debt-to-equity ratio of 2.44, a quick ratio of 1.08 and a current ratio of 1.39.

Vontier (NYSE:VNT) last released its quarterly earnings data on Thursday, February 15th. The company reported $0.80 EPS for the quarter, beating the consensus estimate of $0.78 by $0.02. The firm had revenue of $789.00 million during the quarter, compared to the consensus estimate of $780.92 million. Vontier had a return on equity of 60.00% and a net margin of 12.18%. The company’s quarterly revenue was down 9.5% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.81 earnings per share. On average, equities analysts predict that Vontier Co. will post 3.15 EPS for the current year.

Vontier Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 28th. Stockholders of record on Thursday, March 7th were issued a dividend of $0.025 per share. The ex-dividend date of this dividend was Wednesday, March 6th. This represents a $0.10 annualized dividend and a dividend yield of 0.25%. Vontier’s dividend payout ratio is 4.15%.

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.