Mutual of America Capital Management LLC Sells 26,088 Shares of Vontier Co. (NYSE:VNT)

Mutual of America Capital Management LLC reduced its holdings in shares of Vontier Co. (NYSE:VNT) by 13.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 174,313 shares of the company’s stock after selling 26,088 shares during the period. Mutual of America Capital Management LLC’s holdings in Vontier were worth $6,357,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Global X Japan Co. Ltd. grew its stake in Vontier by 137.7% during the fourth quarter. Global X Japan Co. Ltd. now owns 744 shares of the company’s stock worth $27,000 after purchasing an additional 431 shares during the period. International Assets Investment Management LLC boosted its holdings in shares of Vontier by 2,976.5% during the 3rd quarter. International Assets Investment Management LLC now owns 1,046 shares of the company’s stock worth $35,000 after buying an additional 1,012 shares in the last quarter. Hazlett Burt & Watson Inc. acquired a new stake in shares of Vontier during the 3rd quarter worth approximately $37,000. Wilmington Savings Fund Society FSB bought a new stake in shares of Vontier in the 3rd quarter valued at $40,000. Finally, Covestor Ltd lifted its position in shares of Vontier by 37.1% during the 3rd quarter. Covestor Ltd now owns 1,461 shares of the company’s stock valued at $49,000 after acquiring an additional 395 shares during the period. 95.83% of the stock is owned by institutional investors and hedge funds.

Vontier Stock Performance

Shares of VNT opened at $36.18 on Tuesday. 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 1.97, a quick ratio of 1.14 and a current ratio of 1.51. The stock has a 50 day moving average price of $37.67 and a two-hundred day moving average price of $36.48. The firm has a market capitalization of $5.38 billion, a P/E ratio of 13.16, a P/E/G ratio of 1.23 and a beta of 1.26.

Vontier (NYSE:VNT) last released its quarterly earnings results on Thursday, February 13th. The company reported $0.80 EPS for the quarter, beating analysts’ consensus estimates of $0.79 by $0.01. The business had revenue of $776.80 million during the quarter. Vontier had a return on equity of 43.22% and a net margin of 14.17%. Equities analysts forecast that Vontier Co. will post 3.13 earnings per share for the current fiscal year.

Vontier Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 27th. Investors of record on Thursday, March 6th will be issued a dividend of $0.025 per share. This represents a $0.10 annualized dividend and a yield of 0.28%. The ex-dividend date of this dividend is Thursday, March 6th. Vontier’s dividend payout ratio (DPR) is presently 3.64%.

Wall Street Analyst Weigh In

A number of research firms have commented on VNT. Barclays raised their price target on shares of Vontier from $45.00 to $46.00 and gave the stock an “overweight” rating in a report on Friday, February 14th. Robert W. Baird raised their target price on Vontier from $42.00 to $43.00 and gave the company a “neutral” rating in a research note on Tuesday, February 18th. UBS Group initiated coverage on Vontier in a research note on Tuesday, December 10th. They set a “buy” rating and a $47.00 price target on the stock. Citigroup reduced their price objective on Vontier from $46.00 to $44.00 and set a “buy” rating for the company in a research note on Monday, January 13th. Finally, Wolfe Research raised Vontier from a “peer perform” rating to an “outperform” rating and set a $48.00 target price on the stock in a research report on Thursday, December 12th. Two analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat.com, Vontier has a consensus rating of “Moderate Buy” and an average target price of $45.43.

About Vontier

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.