Quantinno Capital Management LP Purchases 15,554 Shares of Vontier Co. (NYSE:VNT)

Quantinno Capital Management LP grew its position in shares of Vontier Co. (NYSE:VNT) by 29.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 68,548 shares of the company’s stock after buying an additional 15,554 shares during the quarter. Quantinno Capital Management LP’s holdings in Vontier were worth $2,500,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in VNT. Man Group plc boosted its stake in Vontier by 4.8% during the 4th quarter. Man Group plc now owns 109,381 shares of the company’s stock valued at $3,989,000 after purchasing an additional 4,964 shares during the last quarter. Nomura Holdings Inc. bought a new position in shares of Vontier during the fourth quarter valued at $727,000. Millennium Management LLC boosted its position in shares of Vontier by 659.9% during the fourth quarter. Millennium Management LLC now owns 860,423 shares of the company’s stock valued at $31,380,000 after buying an additional 747,196 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new position in Vontier during the 4th quarter valued at about $9,280,000. Finally, Moore Capital Management LP bought a new stake in Vontier in the 4th quarter worth approximately $7,622,000. Institutional investors own 95.83% of the company’s stock.

Analyst Ratings Changes

A number of research firms recently commented on VNT. Evercore ISI upped their price objective on Vontier from $45.00 to $47.00 and gave the company an “outperform” rating in a research report on Monday. Robert W. Baird boosted their price objective on shares of Vontier from $42.00 to $43.00 and gave the company a “neutral” rating in a research report on Tuesday, February 18th. Citigroup reduced their price objective on Vontier from $45.00 to $36.00 and set a “buy” rating for the company in a research note on Monday, April 14th. Finally, Barclays lifted their target price on Vontier from $45.00 to $48.00 and gave the company an “overweight” rating in a research report on Monday, May 5th. Two equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to MarketBeat.com, Vontier has an average rating of “Moderate Buy” and a consensus target price of $44.83.

Vontier Price Performance

Shares of NYSE:VNT opened at $36.62 on Wednesday. The company has a market capitalization of $5.42 billion, a P/E ratio of 13.32, a P/E/G ratio of 1.23 and a beta of 1.29. Vontier Co. has a 1-year low of $27.22 and a 1-year high of $41.61. The firm’s 50 day simple moving average is $32.56 and its two-hundred day simple moving average is $35.91. 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, May 1st. The company reported $0.77 earnings per share for the quarter, topping the consensus estimate of $0.71 by $0.06. Vontier had a net margin of 14.17% and a return on equity of 43.22%. The company had revenue of $741.10 million during the quarter, compared to the consensus estimate of $723.06 million. During the same quarter in the prior year, the firm posted $0.74 EPS. Vontier’s quarterly revenue was down 1.9% compared to the same quarter last year. Research analysts expect that Vontier Co. will post 3.13 EPS for the current fiscal year.

Vontier Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 26th. Stockholders of record on Thursday, June 5th will be paid a $0.025 dividend. This represents a $0.10 dividend on an annualized basis and a dividend yield of 0.27%. The ex-dividend date is Thursday, June 5th. Vontier’s dividend payout ratio (DPR) is 4.07%.

Insider Buying and Selling

In related news, SVP Kathryn K. Rowen sold 7,344 shares of the business’s stock in a transaction that occurred on Monday, May 12th. The stock was sold at an average price of $36.34, for a total value of $266,880.96. Following the transaction, the senior vice president now directly owns 88,248 shares of the company’s stock, valued at approximately $3,206,932.32. The trade was a 7.68% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 0.97% of the stock is currently owned by company insiders.

Vontier 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.