Pictet Asset Management Holding SA Cuts Stock Position in Vontier Co. (NYSE:VNT)

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Pictet Asset Management Holding SA trimmed its position in Vontier Co. (NYSE:VNT – Free Report) by 1.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 20,274 shares of the company’s stock after selling 401 shares during the period. Pictet [...]

Pictet Asset Management Holding SA trimmed its position in Vontier Co. ( NYSE:VNT – Free Report ) by 1.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC).

The fund owned 20,274 shares of the company’s stock after selling 401 shares during the period. Pictet Asset Management Holding SA’s holdings in Vontier were worth $739,000 as of its most recent SEC filing. Other institutional investors also recently bought and sold shares of the company.



New Age Alpha Advisors LLC purchased a new stake in shares of Vontier in the fourth quarter valued at about $1,236,000. Norges Bank acquired a new stake in Vontier in the fourth quarter valued at 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 increased its position in Vontier by 147.4% during the 4th quarter. Mitsubishi UFJ Trust & Banking Corp now owns 10,369 shares of the company’s stock worth $378,000 after purchasing an additional 6,177 shares during the period.

Finally, Heron Bay Capital Management raised its stake in shares of Vontier by 0.7% during the 4th quarter. Heron Bay Capital Management now owns 750,908 shares of the company’s stock worth $27,386,000 after buying an additional 5,426 shares in the last quarter.

95.83% of the stock is owned by institutional investors and hedge funds. Analysts Set New Price Targets A number of research analysts recently weighed in on VNT shares.

Citigroup dropped 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.

Robert W. Baird increased their price target on shares of Vontier from $42.00 to $43.

00 and gave the company a “neutral” rating in a report on Tuesday, February 18th. UBS Group started coverage on shares of Vontier in a report on Tuesday, December 10th. They set a “buy” rating and a $47.

00 price objective on the stock. Wolfe Research raised shares of Vontier from a “peer perform” rating to an “outperform” rating and set a $48.00 target price for the company in a report on Thursday, December 12th.

Finally, Barclays decreased their price target on Vontier from $46.00 to $45.00 and set an “overweight” rating on the stock in a research note on Wednesday, March 26th.

Two 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 target price of $44.50.

Vontier Stock Down 1.8 % VNT stock opened at $28.38 on Tuesday.

The company has a debt-to-equity ratio of 1.97, a current ratio of 1.51 and a quick ratio of 1.

14. The company’s 50 day simple moving average is $35.67 and its 200-day simple moving average is $36.

34. Vontier Co. has a 12 month low of $27.

22 and a 12 month high of $43.41. The firm has a market capitalization of $4.

22 billion, a PE ratio of 10.32, a P/E/G ratio of 1.23 and a beta of 1.

28. Vontier ( NYSE:VNT – Get Free Report ) last announced its 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 firm had revenue of $776.80 million for the quarter. Vontier had a return on equity of 43.

22% and a net margin of 14.17%. Equities analysts expect that Vontier Co.

will post 3.13 earnings per share for the current fiscal year. Vontier Dividend Announcement The company also recently announced a quarterly dividend, which was paid on Thursday, March 27th.

Investors of record on Thursday, March 6th were paid a $0.025 dividend. This represents a $0.

10 annualized dividend and a yield of 0.35%. The ex-dividend date was Thursday, March 6th.

Vontier’s payout ratio is 3.64%. Vontier Company Profile ( Free Report ) 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. See Also Want to see what other hedge funds are holding VNT? Visit HoldingsChannel.

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