Universal Beteiligungs und Servicegesellschaft mbH Increases Stake in Vontier Corporation (NYSE:VNT)

Universal Beteiligungs und Servicegesellschaft mbH boosted its position in Vontier Corporation (NYSE:VNT) by 1.1% during the first quarter, according to its most recent 13F filing with the SEC. The firm owned 93,871 shares of the company’s stock after acquiring an additional 1,027 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in Vontier were worth $3,084,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in VNT. Allianz Asset Management GmbH lifted its holdings in Vontier by 6.6% during the 1st quarter. Allianz Asset Management GmbH now owns 193,476 shares of the company’s stock worth $6,356,000 after purchasing an additional 12,021 shares in the last quarter. Bailard Inc. increased its position in shares of Vontier by 1.0% during the first quarter. Bailard Inc. now owns 61,812 shares of the company’s stock valued at $2,031,000 after buying an additional 605 shares during the period. Banyan Capital Management Inc. increased its position in shares of Vontier by 0.6% during the first quarter. Banyan Capital Management Inc. now owns 405,458 shares of the company’s stock valued at $13,319,000 after buying an additional 2,268 shares during the period. Signaturefd LLC lifted its holdings in shares of Vontier by 10.5% in the first quarter. Signaturefd LLC now owns 10,593 shares of the company’s stock worth $348,000 after buying an additional 1,010 shares in the last quarter. Finally, MQS Management LLC bought a new position in shares of Vontier in the first quarter valued at approximately $465,000. 95.83% of the stock is owned by hedge funds and other institutional investors.

Vontier Price Performance

Shares of NYSE:VNT opened at $39.89 on Wednesday. The company’s fifty day moving average price is $37.14 and its 200-day moving average price is $35.58. The company has a debt-to-equity ratio of 1.89, a current ratio of 1.62 and a quick ratio of 1.20. The firm has a market capitalization of $5.90 billion, a price-to-earnings ratio of 16.21, a PEG ratio of 1.39 and a beta of 1.30. Vontier Corporation has a one year low of $27.22 and a one year high of $40.99.

Vontier (NYSE:VNT) last released its quarterly earnings results on Thursday, May 1st. The company reported $0.77 earnings per share for the quarter, beating analysts’ consensus estimates of $0.71 by $0.06. Vontier had a return on equity of 41.99% and a net margin of 12.59%. The business had revenue of $741.10 million for the quarter, compared to the consensus estimate of $723.06 million. During the same quarter last year, the business posted $0.74 earnings per share. The company’s revenue for the quarter was down 1.9% on a year-over-year basis. On average, equities research analysts anticipate that Vontier Corporation will post 3.13 earnings per share for the current fiscal year.

Vontier Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, June 26th. Investors of record on Thursday, June 5th were given a $0.025 dividend. The ex-dividend date was Thursday, June 5th. This represents a $0.10 dividend on an annualized basis and a yield of 0.25%. Vontier’s payout ratio is 4.07%.

Insider Transactions at Vontier

In other Vontier news, SVP Kathryn K. Rowen sold 7,344 shares of Vontier stock in a transaction that occurred on Monday, May 12th. The shares were sold at an average price of $36.34, for a total transaction of $266,880.96. Following the transaction, the senior vice president directly owned 88,248 shares of the company’s stock, valued at approximately $3,206,932.32. This trade represents a 7.68% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 0.97% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

Several analysts have issued reports on VNT shares. Evercore ISI increased their target price on shares of Vontier from $45.00 to $47.00 and gave the stock an “outperform” rating in a research note on Monday, May 19th. Barclays upped their price target on shares of Vontier from $45.00 to $48.00 and gave the stock an “overweight” rating in a report on Monday, May 5th. Finally, Citigroup reissued a “buy” rating and set a $45.00 price objective (up previously from $37.00) on shares of Vontier in a research note on Monday, July 14th. Two research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat, Vontier currently has an average rating of “Moderate Buy” and an average price target of $46.33.

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.