Universal Beteiligungs und Servicegesellschaft mbH Makes New Investment in Vontier Co. (NYSE:VNT)

Universal Beteiligungs und Servicegesellschaft mbH purchased a new position in shares of Vontier Co. (NYSE:VNT - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 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 reporting period.

Several other large investors have also modified their holdings of the stock. Global X Japan Co. Ltd. increased its stake in Vontier by 137.7% in the 4th quarter. Global X Japan Co. Ltd. now owns 744 shares of the company's stock valued at $27,000 after buying an additional 431 shares during the period. Lazard Asset Management LLC acquired a new position in shares of Vontier during the fourth quarter worth about $73,000. Farther Finance Advisors LLC raised its holdings in Vontier by 44.5% during the fourth quarter. Farther Finance Advisors LLC now owns 2,273 shares of the company's stock worth $83,000 after purchasing an additional 700 shares in the last quarter. Covestor Ltd lifted its position in Vontier by 66.8% in the fourth quarter. Covestor Ltd now owns 2,437 shares of the company's stock valued at $89,000 after purchasing an additional 976 shares during the period. Finally, Wealthfront Advisers LLC purchased a new stake in Vontier in the 4th quarter valued at approximately $98,000. Hedge funds and other institutional investors own 95.83% of the company's stock.

Insider Activity 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 value of $266,880.96. Following the completion of the sale, 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 legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.97% of the company's stock.

Vontier Price Performance

Shares of NYSE:VNT traded down $0.45 during midday trading on Wednesday, hitting $35.93. 1,010,370 shares of the stock were exchanged, compared to its average volume of 912,422. Vontier Co. has a twelve month low of $27.22 and a twelve month high of $41.61. The company has a current ratio of 1.51, a quick ratio of 1.14 and a debt-to-equity ratio of 1.97. The company has a 50 day moving average price of $32.94 and a 200-day moving average price of $35.67. The stock has a market cap of $5.31 billion, a P/E ratio of 13.07, a PEG ratio of 1.23 and a beta of 1.29.

Vontier (NYSE:VNT - Get Free Report) last announced its quarterly 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 company had revenue of $741.10 million for the quarter, compared to the consensus estimate of $723.06 million. During the same quarter in the prior year, the firm earned $0.74 earnings per share. The company's revenue for the quarter was down 1.9% compared to the same quarter last year. On average, research analysts forecast that Vontier Co. will post 3.13 earnings per share for the current year.

Vontier Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 26th. Stockholders 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 dividend yield of 0.28%. The ex-dividend date is Thursday, June 5th. Vontier's dividend payout ratio is presently 4.07%.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on the company. Robert W. Baird increased their target price on Vontier from $42.00 to $43.00 and gave the stock a "neutral" rating in a research note on Tuesday, February 18th. Citigroup decreased their target price on shares of Vontier from $45.00 to $36.00 and set a "buy" rating on the stock in a research report on Monday, April 14th. Evercore ISI increased their price target on shares of Vontier from $45.00 to $47.00 and gave the company an "outperform" rating in a report on Monday, May 19th. Finally, Barclays raised their price objective on shares of Vontier from $45.00 to $48.00 and gave the company an "overweight" rating in a research note 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. According to data from MarketBeat.com, Vontier has an average rating of "Moderate Buy" and a consensus target price of $44.83.

Vontier Company 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.