Securian Asset Management Inc. Sells 597 Shares of Vontier Co. (NYSE:VNT)

Securian Asset Management Inc. trimmed its holdings in shares of Vontier Co. (NYSE:VNT) by 5.0% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 11,354 shares of the company’s stock after selling 597 shares during the quarter. Securian Asset Management Inc.’s holdings in Vontier were worth $414,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Global X Japan Co. Ltd. increased its holdings in shares of 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 acquiring an additional 431 shares during the period. Wilmington Savings Fund Society FSB purchased a new position in Vontier in the third quarter valued at about $40,000. Farther Finance Advisors LLC raised its holdings in Vontier by 44.5% in the fourth quarter. Farther Finance Advisors LLC now owns 2,273 shares of the company’s stock worth $83,000 after purchasing an additional 700 shares in the last quarter. Wealthfront Advisers LLC purchased a new stake in shares of Vontier during the fourth quarter valued at about $98,000. Finally, C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors bought a new stake in shares of Vontier in the 4th quarter valued at about $99,000. Institutional investors own 95.83% of the company’s stock.

Wall Street Analyst Weigh In

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

Vontier Stock Performance

Shares of VNT opened at $33.47 on Tuesday. 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 of $37.01 and a two-hundred day moving average of $36.39. The stock has a market cap of $4.98 billion, a P/E ratio of 12.17, a P/E/G ratio of 1.23 and a beta of 1.26. Vontier Co. has a one year low of $31.22 and a one year high of $45.62.

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

Vontier Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 27th. Stockholders of record on Thursday, March 6th will be paid a $0.025 dividend. The ex-dividend date of this dividend is Thursday, March 6th. This represents a $0.10 dividend on an annualized basis and a dividend yield of 0.30%. Vontier’s payout ratio is currently 3.64%.

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.