Loring Wolcott & Coolidge Fiduciary Advisors LLP MA Sells 1,480 Shares of Vontier Co. (NYSE:VNT)

Loring Wolcott & Coolidge Fiduciary Advisors LLP MA decreased its position in shares of Vontier Co. (NYSE:VNT) by 61.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 935 shares of the company’s stock after selling 1,480 shares during the quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA’s holdings in Vontier were worth $36,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently modified their holdings of the company. Harvey Investment Co. LLC increased its stake in Vontier by 2.9% during the 4th quarter. Harvey Investment Co. LLC now owns 57,360 shares of the company’s stock valued at $2,092,000 after purchasing an additional 1,600 shares in the last quarter. Lecap Asset Management Ltd. acquired a new position in shares of Vontier during the fourth quarter valued at about $226,000. Global X Japan Co. Ltd. increased its position in shares of Vontier by 137.7% during the fourth quarter. Global X Japan Co. Ltd. now owns 744 shares of the company’s stock worth $27,000 after acquiring an additional 431 shares in the last quarter. Klein Pavlis & Peasley Financial Inc. increased its position in shares of Vontier by 4.0% during the fourth quarter. Klein Pavlis & Peasley Financial Inc. now owns 36,700 shares of the company’s stock worth $1,338,000 after acquiring an additional 1,400 shares in the last quarter. Finally, Retirement Systems of Alabama raised its holdings in shares of Vontier by 42.1% in the 4th quarter. Retirement Systems of Alabama now owns 705,740 shares of the company’s stock worth $25,738,000 after acquiring an additional 209,227 shares during the last quarter. 95.83% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of brokerages have commented on VNT. Barclays decreased their price objective on Vontier from $46.00 to $45.00 and set an “overweight” rating for the company in a report on Wednesday, January 8th. Citigroup lowered their price target on Vontier from $46.00 to $44.00 and set a “buy” rating for the company in a research report on Monday, January 13th. 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 report on Thursday, December 12th. Finally, UBS Group assumed coverage on shares of Vontier in a report on Tuesday, December 10th. They issued a “buy” rating and a $47.00 target price for the company. Three equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company. Based on data from MarketBeat, Vontier presently has an average rating of “Moderate Buy” and a consensus price target of $44.63.

Vontier Trading Down 1.1 %

NYSE VNT opened at $38.40 on Monday. The business’s fifty day moving average is $37.74 and its 200-day moving average is $36.15. The company has a debt-to-equity ratio of 2.10, a current ratio of 1.64 and a quick ratio of 1.23. The stock has a market capitalization of $5.77 billion, a price-to-earnings ratio of 14.71, a PEG ratio of 1.75 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 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.