12,700 Shares in Vontier Co. (NYSE:VNT) Acquired by AdvisorShares Investments LLC

AdvisorShares Investments LLC acquired a new position in Vontier Co. (NYSE:VNT - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 12,700 shares of the company's stock, valued at approximately $463,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Allspring Global Investments Holdings LLC raised its stake in shares of Vontier by 2,814.5% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 281,836 shares of the company's stock valued at $10,164,000 after purchasing an additional 272,166 shares in the last quarter. Proficio Capital Partners LLC bought a new position in shares of Vontier in the fourth quarter valued at approximately $508,000. Integrated Investment Consultants LLC boosted its stake in Vontier by 14.7% in the fourth quarter. Integrated Investment Consultants LLC now owns 67,480 shares of the company's stock worth $2,461,000 after purchasing an additional 8,657 shares in the last quarter. Wolverine Asset Management LLC acquired a new position in Vontier during the 4th quarter worth about $2,918,000. Finally, Oppenheimer Asset Management Inc. raised its stake in shares of Vontier by 48.1% in the fourth quarter. Oppenheimer Asset Management Inc. now owns 24,342 shares of the company's stock worth $888,000 after acquiring an additional 7,909 shares during the last quarter. Institutional investors own 95.83% of the company's stock.

Vontier Trading Up 1.4 %

Shares of NYSE:VNT traded up $0.46 during mid-day trading on Monday, reaching $33.75. The stock had a trading volume of 303,431 shares, compared to its average volume of 887,692. The firm has a 50 day simple moving average of $32.29 and a two-hundred day simple moving average of $35.85. Vontier Co. has a twelve month low of $27.22 and a twelve month high of $41.61. The firm has a market cap of $5.01 billion, a PE ratio of 12.28, a price-to-earnings-growth ratio of 1.23 and a beta of 1.29. The company has a current ratio of 1.51, a quick ratio of 1.14 and a debt-to-equity ratio of 1.97.

Vontier (NYSE:VNT - Get Free Report) last posted 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 for the quarter, compared to analyst estimates of $723.06 million. During the same period last year, the business posted $0.74 earnings per share. The business's revenue for the quarter was down 1.9% compared to the same quarter last year. On average, research analysts predict that Vontier Co. will post 3.13 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

VNT has been the topic of a number of research reports. Robert W. Baird upped their target price 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. Barclays cut their price objective on shares of Vontier from $46.00 to $45.00 and set an "overweight" rating on the stock in a report on Wednesday, March 26th. Finally, Citigroup lowered their target price on shares of Vontier from $45.00 to $36.00 and set a "buy" rating for the company in a report on Monday, April 14th. Two analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $43.17.

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.