Moore Capital Management LP Invests $7.62 Million in Vontier Co. (NYSE:VNT)

Moore Capital Management LP acquired a new stake in Vontier Co. (NYSE:VNT - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 208,984 shares of the company's stock, valued at approximately $7,622,000. Moore Capital Management LP owned 0.14% of Vontier at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of VNT. Global X Japan Co. Ltd. grew its holdings 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 in the last quarter. Wilmington Savings Fund Society FSB bought a new position in Vontier in the third quarter valued at about $40,000. Lazard Asset Management LLC bought a new stake in Vontier during the 4th quarter worth $73,000. Farther Finance Advisors LLC raised its holdings in Vontier by 44.5% in the 4th quarter. Farther Finance Advisors LLC now owns 2,273 shares of the company's stock valued at $83,000 after buying an additional 700 shares during the last quarter. Finally, Covestor Ltd grew its stake in shares of Vontier by 66.8% in the fourth quarter. Covestor Ltd now owns 2,437 shares of the company's stock worth $89,000 after purchasing an additional 976 shares during the last quarter. Institutional investors and hedge funds own 95.83% of the company's stock.

Vontier Stock Down 0.2%

VNT stock traded down $0.09 during midday trading on Thursday, hitting $36.82. The stock had a trading volume of 1,060,962 shares, compared to its average volume of 904,790. The company has a debt-to-equity ratio of 1.97, a current ratio of 1.51 and a quick ratio of 1.14. The firm has a market cap of $5.45 billion, a price-to-earnings ratio of 13.39, a price-to-earnings-growth ratio of 1.23 and a beta of 1.29. The business has a 50-day moving average of $32.21 and a two-hundred day moving average of $35.86. Vontier Co. has a 52-week low of $27.22 and a 52-week high of $41.61.

Vontier (NYSE:VNT - Get Free Report) last issued its quarterly earnings results on Thursday, May 1st. The company reported $0.77 earnings per share for the quarter, beating the consensus estimate of $0.71 by $0.06. Vontier had a return on equity of 43.22% and a net margin of 14.17%. The firm had revenue of $741.10 million during the quarter, compared to the consensus estimate of $723.06 million. During the same period last year, the company earned $0.74 earnings per share. The company's revenue was down 1.9% on a year-over-year basis. As a group, equities research analysts forecast that Vontier Co. will post 3.13 earnings per share 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 annualized dividend and a dividend yield of 0.27%. The ex-dividend date of this dividend is Thursday, June 5th. Vontier's dividend payout ratio (DPR) is presently 4.07%.

Analyst Ratings Changes

A number of equities research analysts have weighed in on VNT shares. Barclays lifted their target price on Vontier from $45.00 to $48.00 and gave the stock an "overweight" rating in a report on Monday, May 5th. Citigroup cut their target price on Vontier from $45.00 to $36.00 and set a "buy" rating on the stock in a research note on Monday, April 14th. Finally, Robert W. Baird lifted their price objective on shares of Vontier from $42.00 to $43.00 and gave the stock a "neutral" rating in a research report on Tuesday, February 18th. Two investment analysts have rated the stock with a hold rating and five have given a buy rating to the company's stock. According to MarketBeat, Vontier presently has a consensus rating of "Moderate Buy" and an average price target of $43.67.

Insider Transactions at Vontier

In other Vontier news, SVP Kathryn K. Rowen sold 7,344 shares of the firm's stock in a transaction dated Monday, May 12th. The stock was sold at an average price of $36.34, for a total transaction 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 trade represents a 7.68% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 0.97% of the company's stock.

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.