Universal Beteiligungs und Servicegesellschaft mbH Invests $3.39 Million in Vontier Co. (NYSE:VNT)

Universal Beteiligungs und Servicegesellschaft mbH bought a new stake in shares of Vontier Co. (NYSE:VNT - Free Report) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 92,844 shares of the company's stock, valued at approximately $3,386,000. Universal Beteiligungs und Servicegesellschaft mbH owned about 0.06% of Vontier at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Global X Japan Co. Ltd. grew its position in shares of Vontier by 137.7% during the 4th quarter. Global X Japan Co. Ltd. now owns 744 shares of the company's stock valued at $27,000 after acquiring an additional 431 shares during the period. Lazard Asset Management LLC bought a new stake in shares of Vontier during the 4th quarter valued at $73,000. Farther Finance Advisors LLC grew its position in shares of Vontier by 44.5% during the 4th quarter. Farther Finance Advisors LLC now owns 2,273 shares of the company's stock valued at $83,000 after acquiring an additional 700 shares during the period. Covestor Ltd grew its position in shares of Vontier by 66.8% during the 4th quarter. Covestor Ltd now owns 2,437 shares of the company's stock valued at $89,000 after acquiring an additional 976 shares during the period. Finally, Wealthfront Advisers LLC bought a new stake in shares of Vontier during the 4th quarter valued at $98,000. 95.83% of the stock is currently owned by hedge funds and other institutional investors.

Vontier Price Performance

Shares of VNT traded up $0.32 during midday trading on Friday, hitting $36.13. 628,542 shares of the company traded hands, compared to its average volume of 914,511. The firm has a 50 day moving average of $33.13 and a 200-day moving average of $35.65. Vontier Co. has a 52 week low of $27.22 and a 52 week high of $41.61. The stock has a market cap of $5.34 billion, a price-to-earnings ratio of 13.14, a PEG ratio of 1.23 and a beta of 1.29. The company has a debt-to-equity ratio of 1.97, a quick ratio of 1.14 and a current ratio of 1.51.

Vontier (NYSE:VNT - Get Free Report) last announced its earnings results on Thursday, May 1st. The company reported $0.77 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $741.10 million for the quarter, compared to analysts' expectations of $723.06 million. During the same period in the prior year, the company earned $0.74 EPS. The business's revenue was down 1.9% compared to the same quarter last year. On average, analysts forecast that Vontier Co. will post 3.13 EPS for the current fiscal year.

Vontier Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 26th. Investors of record on Thursday, June 5th will be given a $0.025 dividend. This represents a $0.10 dividend on an annualized basis and a yield of 0.28%. The ex-dividend date of this dividend is Thursday, June 5th. Vontier's dividend payout ratio (DPR) is currently 4.07%.

Insider Buying and Selling

In related news, SVP Kathryn K. Rowen sold 7,344 shares of the stock in a transaction dated Monday, May 12th. The shares were sold at an average price of $36.34, for a total value of $266,880.96. Following the sale, the senior vice president now directly owns 88,248 shares of the company's stock, valued at $3,206,932.32. This represents a 7.68% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.97% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on VNT shares. 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. Evercore ISI upped their target price on shares of Vontier from $45.00 to $47.00 and gave the stock an "outperform" rating in a report on Monday, May 19th. Citigroup dropped 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. Finally, Barclays upped their target price on shares of Vontier from $45.00 to $48.00 and gave the stock an "overweight" rating in a 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 presently has a consensus rating of "Moderate Buy" and a consensus price target of $44.83.

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.