33,899 Shares in Vontier Co. (NYSE:VNT) Bought by New Age Alpha Advisors LLC

New Age Alpha Advisors LLC bought a new stake in Vontier Co. (NYSE:VNT) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 33,899 shares of the company’s stock, valued at approximately $1,236,000.

A number of other hedge funds have also made changes to their positions in VNT. Norges Bank acquired a new position in Vontier during the fourth quarter worth about $64,869,000. Elo Mutual Pension Insurance Co purchased a new stake in Vontier in the 4th quarter valued at approximately $399,000. Mitsubishi UFJ Trust & Banking Corp grew its holdings in Vontier by 147.4% during the 4th quarter. Mitsubishi UFJ Trust & Banking Corp now owns 10,369 shares of the company’s stock valued at $378,000 after buying an additional 6,177 shares during the last quarter. Heron Bay Capital Management boosted its stake in shares of Vontier by 0.7% during the fourth quarter. Heron Bay Capital Management now owns 750,908 shares of the company’s stock valued at $27,386,000 after acquiring an additional 5,426 shares during the last quarter. Finally, Fox Run Management L.L.C. acquired a new stake in shares of Vontier during the 4th quarter worth about $730,000. Hedge funds and other institutional investors own 95.83% of the company’s stock.

Vontier Trading Down 2.3 %

Shares of VNT opened at $32.77 on Monday. The stock has a market cap of $4.87 billion, a PE ratio of 11.92, a P/E/G ratio of 1.23 and a beta of 1.26. Vontier Co. has a 12 month low of $31.22 and a 12 month high of $45.62. The stock’s 50-day moving average is $36.53 and its two-hundred day moving average is $36.43. The company has a debt-to-equity ratio of 1.97, a current ratio of 1.51 and a quick ratio of 1.14.

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

Vontier Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 27th. Stockholders of record on Thursday, March 6th were paid a dividend of $0.025 per share. This represents a $0.10 annualized dividend and a dividend yield of 0.31%. The ex-dividend date was Thursday, March 6th. Vontier’s dividend payout ratio (DPR) is currently 3.64%.

Wall Street Analyst Weigh In

Several brokerages have weighed in on VNT. Wolfe Research upgraded 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. Robert W. Baird increased their target price on Vontier from $42.00 to $43.00 and gave the stock a “neutral” rating in a research report on Tuesday, February 18th. Barclays lowered their price target on Vontier from $46.00 to $45.00 and set an “overweight” rating for the company in a report on Wednesday, March 26th. UBS Group assumed 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, Citigroup cut their price objective on Vontier from $46.00 to $44.00 and set a “buy” rating on the stock in a report on Monday, January 13th. Two investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat.com, Vontier presently has an average rating of “Moderate Buy” and a consensus price target of $44.50.

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.