Yousif Capital Management LLC Purchases 1,196 Shares of Vontier Co. (NYSE:VNT)

Yousif Capital Management LLC grew its position in Vontier Co. (NYSE:VNT) by 1.7% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 72,799 shares of the company’s stock after buying an additional 1,196 shares during the period. Yousif Capital Management LLC’s holdings in Vontier were worth $2,515,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in VNT. FinTrust Capital Advisors LLC lifted its holdings in Vontier by 1,985.7% in the third quarter. FinTrust Capital Advisors LLC now owns 1,168 shares of the company’s stock valued at $36,000 after buying an additional 1,112 shares during the period. International Assets Investment Management LLC lifted its stake in shares of Vontier by 3,355.3% in the 4th quarter. International Assets Investment Management LLC now owns 1,313 shares of the company’s stock valued at $45,000 after purchasing an additional 1,275 shares during the period. CWM LLC boosted its position in shares of Vontier by 78.9% in the 4th quarter. CWM LLC now owns 1,911 shares of the company’s stock worth $66,000 after purchasing an additional 843 shares during the last quarter. Harvest Fund Management Co. Ltd grew its stake in shares of Vontier by 132.1% during the third quarter. Harvest Fund Management Co. Ltd now owns 3,212 shares of the company’s stock worth $99,000 after purchasing an additional 1,828 shares during the period. Finally, Quantbot Technologies LP bought a new stake in Vontier in the third quarter valued at about $108,000. Institutional investors own 95.83% of the company’s stock.

Vontier Price Performance

NYSE VNT opened at $41.52 on Tuesday. The company has a debt-to-equity ratio of 2.44, a quick ratio of 1.08 and a current ratio of 1.39. The stock has a market cap of $6.42 billion, a price-to-earnings ratio of 17.23, a PEG ratio of 1.20 and a beta of 1.31. The business has a 50 day simple moving average of $42.76 and a 200 day simple moving average of $36.99. Vontier Co. has a 52-week low of $26.65 and a 52-week high of $45.62.

Vontier (NYSE:VNT) last issued its quarterly earnings data on Thursday, February 15th. The company reported $0.80 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.78 by $0.02. Vontier had a net margin of 12.18% and a return on equity of 60.00%. The company had revenue of $789.00 million during the quarter, compared to the consensus estimate of $780.92 million. During the same quarter in the prior year, the firm earned $0.81 earnings per share. The firm’s revenue was down 9.5% compared to the same quarter last year. Analysts anticipate that Vontier Co. will post 3.15 earnings per share for the current fiscal year.

Vontier Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, March 28th. Shareholders of record on Thursday, March 7th were paid a $0.025 dividend. This represents a $0.10 annualized dividend and a dividend yield of 0.24%. The ex-dividend date of this dividend was Wednesday, March 6th. Vontier’s dividend payout ratio is 4.15%.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on VNT. Bank of America upgraded Vontier from a “neutral” rating to a “buy” rating and raised their target price for the stock from $37.00 to $40.00 in a report on Thursday, January 11th. Evercore ISI lifted their price objective on shares of Vontier from $40.00 to $47.00 and gave the stock an “outperform” rating in a research note on Tuesday, February 20th. Argus upped their target price on shares of Vontier from $39.00 to $50.00 and gave the company a “buy” rating in a research note on Monday, March 18th. The Goldman Sachs Group increased their target price on shares of Vontier from $37.00 to $41.00 and gave the stock a “neutral” rating in a report on Tuesday, February 20th. Finally, Citigroup boosted their price target on shares of Vontier from $45.00 to $51.00 and gave the company a “buy” rating in a report on Monday, April 8th. One investment analyst has rated the stock with a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $45.00.

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.