C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors Takes $99,000 Position in Vontier Co. (NYSE:VNT)

C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors bought a new stake in Vontier Co. (NYSE:VNT) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 2,711 shares of the company’s stock, valued at approximately $99,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Integrated Investment Consultants LLC lifted its holdings in shares of Vontier by 14.7% in the 4th quarter. Integrated Investment Consultants LLC now owns 67,480 shares of the company’s stock valued at $2,461,000 after purchasing an additional 8,657 shares during the last quarter. Fifth Third Wealth Advisors LLC acquired a new position in Vontier in the 4th quarter valued at about $223,000. Holocene Advisors LP acquired a new position in Vontier in the 3rd quarter valued at about $1,349,000. Sanctuary Advisors LLC acquired a new position in Vontier in the 3rd quarter valued at about $505,000. Finally, Barclays PLC increased its position in Vontier by 133.9% in the 3rd quarter. Barclays PLC now owns 100,836 shares of the company’s stock valued at $3,402,000 after acquiring an additional 57,728 shares during the period. 95.83% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several brokerages recently issued reports on VNT. Wolfe Research upgraded Vontier from a “peer perform” rating to an “outperform” rating and set a $48.00 price target on the stock in a research report on Thursday, December 12th. Barclays boosted their price target on Vontier from $45.00 to $46.00 and gave the company an “overweight” rating in a research report on Friday. UBS Group began coverage on Vontier in a research report on Tuesday, December 10th. They issued a “buy” rating and a $47.00 price target on the stock. Finally, Citigroup dropped their target price on Vontier from $46.00 to $44.00 and set a “buy” rating on the stock in a research report on Monday, January 13th. Three analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $44.75.

Vontier Stock Performance

NYSE VNT opened at $39.32 on Friday. The business’s 50 day moving average is $37.67 and its two-hundred day moving average is $36.15. The stock has a market capitalization of $5.91 billion, a price-to-earnings ratio of 15.06, a PEG ratio of 1.75 and a beta of 1.26. The company has a current ratio of 1.64, a quick ratio of 1.23 and a debt-to-equity ratio of 2.10. Vontier Co. has a 12-month low of $31.22 and a 12-month high of $45.62.

Vontier (NYSE:VNT) last announced its quarterly earnings results on Thursday, February 13th. The company reported $0.80 EPS for the quarter, topping the consensus estimate of $0.79 by $0.01. Vontier had a return on equity of 45.48% and a net margin of 13.54%. Research analysts expect that Vontier Co. will post 2.88 EPS for the current year.

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.