SeaCrest Wealth Management LLC Sells 491 Shares of Vontier Co. (NYSE:VNT)

SeaCrest Wealth Management LLC cut its stake in Vontier Co. (NYSE:VNT) by 4.2% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 11,137 shares of the company’s stock after selling 491 shares during the period. SeaCrest Wealth Management LLC’s holdings in Vontier were worth $406,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in the company. International Assets Investment Management LLC boosted its position in shares of Vontier by 2,976.5% during the third 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 during the period. Hazlett Burt & Watson Inc. acquired a new stake in Vontier in the 3rd quarter valued at approximately $37,000. Wilmington Savings Fund Society FSB bought a new stake in Vontier in the 3rd quarter valued at approximately $40,000. Covestor Ltd boosted its position in Vontier by 37.1% during the 3rd quarter. Covestor Ltd now owns 1,461 shares of the company’s stock worth $49,000 after acquiring an additional 395 shares during the last quarter. Finally, Blue Trust Inc. grew its stake in shares of Vontier by 10.9% during the 3rd quarter. Blue Trust Inc. now owns 4,171 shares of the company’s stock worth $141,000 after acquiring an additional 410 shares in the last quarter. Institutional investors own 95.83% of the company’s stock.

Vontier Stock Performance

Shares of VNT opened at $37.20 on Friday. The company has a market cap of $5.59 billion, a PE ratio of 14.25, a price-to-earnings-growth ratio of 1.54 and a beta of 1.26. The firm has a 50-day moving average of $37.95 and a 200-day moving average of $36.27. Vontier Co. has a one year low of $31.22 and a one year high of $45.62. The company has a debt-to-equity ratio of 2.10, a current ratio of 1.64 and a quick ratio of 1.23.

Vontier (NYSE:VNT) last posted its quarterly earnings results on Thursday, October 31st. The company reported $0.73 EPS for the quarter, topping analysts’ consensus estimates of $0.69 by $0.04. The business had revenue of $750.00 million during the quarter, compared to analysts’ expectations of $729.23 million. Vontier had a return on equity of 45.48% and a net margin of 13.54%. Vontier’s quarterly revenue was down 2.0% on a year-over-year basis. During the same quarter last year, the company posted $0.73 earnings per share. As a group, equities analysts forecast that Vontier Co. will post 2.89 earnings per share for the current year.

Vontier Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, December 12th. Investors of record on Thursday, November 21st were paid a $0.025 dividend. This represents a $0.10 dividend on an annualized basis and a yield of 0.27%. The ex-dividend date was Thursday, November 21st. Vontier’s dividend payout ratio (DPR) is presently 3.83%.

Analysts Set New Price Targets

A number of analysts have recently commented on VNT shares. Wolfe Research raised shares of Vontier from a “peer perform” rating to an “outperform” rating and set a $48.00 price objective on the stock in a research report on Thursday, December 12th. Citigroup cut their price target on shares of Vontier from $46.00 to $44.00 and set a “buy” rating on the stock in a research report on Monday. 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 objective for the company. Finally, Barclays dropped their target price on Vontier from $46.00 to $45.00 and set an “overweight” rating on the stock in a report on Wednesday, January 8th. Three equities research 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, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $44.63.

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.