Schonfeld Strategic Advisors LLC Lowers Holdings in Vontier Co. (NYSE:VNT)

Schonfeld Strategic Advisors LLC lessened its holdings in shares of Vontier Co. (NYSE:VNT - Free Report) by 51.0% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 151,304 shares of the company's stock after selling 157,191 shares during the quarter. Schonfeld Strategic Advisors LLC owned approximately 0.10% of Vontier worth $5,518,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Foundry Partners LLC boosted its position in Vontier by 1.9% during the fourth quarter. Foundry Partners LLC now owns 17,304 shares of the company's stock worth $631,000 after purchasing an additional 324 shares during the period. Quadrant Capital Group LLC grew its stake in Vontier by 5.0% in the 4th quarter. Quadrant Capital Group LLC now owns 7,049 shares of the company's stock valued at $257,000 after buying an additional 338 shares in the last quarter. Bailard Inc. lifted its position in shares of Vontier by 0.6% during the fourth quarter. Bailard Inc. now owns 61,207 shares of the company's stock worth $2,232,000 after acquiring an additional 356 shares in the last quarter. Global X Japan Co. Ltd. boosted its holdings in shares of Vontier by 137.7% in the fourth quarter. Global X Japan Co. Ltd. now owns 744 shares of the company's stock worth $27,000 after acquiring an additional 431 shares during the period. Finally, Advisory Services Network LLC grew its position in shares of Vontier by 2.8% in the fourth quarter. Advisory Services Network LLC now owns 16,184 shares of the company's stock valued at $590,000 after purchasing an additional 439 shares in the last quarter. 95.83% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

VNT has been the subject of a number of recent analyst reports. Robert W. Baird lifted their target price on Vontier from $42.00 to $43.00 and gave the company a "neutral" rating in a report 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 report on Monday, April 14th. Finally, Barclays raised their price target on shares of Vontier from $45.00 to $48.00 and gave the company an "overweight" rating in a report on Monday. Two investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $43.67.

Vontier Price Performance

NYSE VNT traded up $0.03 during trading hours on Tuesday, reaching $33.46. 709,173 shares of the stock traded hands, compared to its average volume of 890,250. 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 stock has a 50 day simple moving average of $32.20 and a two-hundred day simple moving average of $35.83. Vontier Co. has a 1 year low of $27.22 and a 1 year high of $41.61. The company has a market cap of $4.96 billion, a price-to-earnings ratio of 12.17, a price-to-earnings-growth ratio of 1.23 and a beta of 1.29.

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

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.