Global X Japan Co. Ltd. Acquires 431 Shares of Vontier Co. (NYSE:VNT)

Global X Japan Co. Ltd. grew its holdings in shares of Vontier Co. (NYSE:VNT) by 137.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 744 shares of the company’s stock after acquiring an additional 431 shares during the quarter. Global X Japan Co. Ltd.’s holdings in Vontier were worth $27,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. River Road Asset Management LLC lifted its position in Vontier by 21.4% during the third quarter. River Road Asset Management LLC now owns 2,356,558 shares of the company’s stock valued at $79,510,000 after purchasing an additional 415,750 shares during the last quarter. Retirement Systems of Alabama lifted its holdings in shares of Vontier by 42.1% during the 4th quarter. Retirement Systems of Alabama now owns 705,740 shares of the company’s stock worth $25,738,000 after acquiring an additional 209,227 shares during the last quarter. Jane Street Group LLC lifted its holdings in shares of Vontier by 398.4% during the 3rd quarter. Jane Street Group LLC now owns 191,285 shares of the company’s stock worth $6,454,000 after acquiring an additional 152,904 shares during the last quarter. Verition Fund Management LLC increased its stake in Vontier by 1,414.9% in the third quarter. Verition Fund Management LLC now owns 159,865 shares of the company’s stock valued at $5,394,000 after acquiring an additional 149,312 shares during the last quarter. Finally, Janus Henderson Group PLC increased its stake in Vontier by 11.2% in the third quarter. Janus Henderson Group PLC now owns 1,311,344 shares of the company’s stock valued at $44,246,000 after acquiring an additional 132,312 shares during the last quarter. Hedge funds and other institutional investors own 95.83% of the company’s stock.

Analyst Ratings Changes

VNT has been the subject of a number of research reports. Wolfe Research upgraded Vontier from a “peer perform” rating to an “outperform” rating and set a $48.00 price objective for the company in a report on Thursday, December 12th. Citigroup cut their target price on Vontier from $46.00 to $44.00 and set a “buy” rating for the company in a research note on Monday, January 13th. UBS Group began coverage on shares of Vontier in a research note on Tuesday, December 10th. They set a “buy” rating and a $47.00 price target on the stock. Finally, Barclays cut their price objective on shares of Vontier from $46.00 to $45.00 and set an “overweight” rating for the company in a research note on Wednesday, January 8th. Three research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to data from MarketBeat, Vontier has an average rating of “Moderate Buy” and a consensus price target of $44.63.

Vontier Stock Down 1.1 %

Shares of Vontier stock opened at $38.40 on Friday. The company’s 50 day moving average price is $37.75 and its 200-day moving average price is $36.19. Vontier Co. has a 52-week low of $31.22 and a 52-week high of $45.62. The company has a debt-to-equity ratio of 2.10, a quick ratio of 1.23 and a current ratio of 1.64. The stock has a market capitalization of $5.77 billion, a price-to-earnings ratio of 14.71, a P/E/G ratio of 1.75 and a beta of 1.26.

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.