Jane Street Group LLC Has $6.45 Million Holdings in Vontier Co. (NYSE:VNT)

Jane Street Group LLC increased its position in Vontier Co. (NYSE:VNT) by 398.4% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 191,285 shares of the company’s stock after purchasing an additional 152,904 shares during the period. Jane Street Group LLC owned about 0.13% of Vontier worth $6,454,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. International Assets Investment Management LLC lifted its position in shares of Vontier by 2,976.5% in the third quarter. International Assets Investment Management LLC now owns 1,046 shares of the company’s stock worth $35,000 after purchasing an additional 1,012 shares in the last quarter. Hazlett Burt & Watson Inc. acquired a new position in shares of Vontier in the third quarter worth $37,000. Ashton Thomas Private Wealth LLC purchased a new stake in shares of Vontier during the second quarter worth $44,000. Covestor Ltd boosted its position in Vontier by 37.1% during the third quarter. Covestor Ltd now owns 1,461 shares of the company’s stock valued at $49,000 after purchasing an additional 395 shares during the last quarter. Finally, Fifth Third Bancorp grew its stake in Vontier by 32.0% in the second quarter. Fifth Third Bancorp now owns 3,245 shares of the company’s stock valued at $124,000 after purchasing an additional 786 shares in the last quarter. 95.83% of the stock is currently owned by hedge funds and other institutional investors.

Vontier Stock Down 0.8 %

Vontier stock opened at $39.60 on Friday. The firm has a market cap of $5.95 billion, a price-to-earnings ratio of 15.17, a P/E/G ratio of 1.85 and a beta of 1.24. The firm has a fifty day moving average price of $37.18 and a two-hundred day moving average price of $36.62. Vontier Co. has a fifty-two week low of $31.22 and a fifty-two week 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 announced its earnings results on Thursday, October 31st. The company reported $0.73 earnings per share for the quarter, beating the consensus estimate of $0.69 by $0.04. The firm had revenue of $750.00 million during the quarter, compared to the consensus estimate of $729.23 million. Vontier had a return on equity of 45.48% and a net margin of 13.54%. The firm’s revenue for the quarter was down 2.0% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.73 EPS. As a group, analysts forecast that Vontier Co. will post 2.89 earnings per share for the current year.

Vontier Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, December 12th. Shareholders of record on Thursday, November 21st were given a $0.025 dividend. The ex-dividend date of this dividend was Thursday, November 21st. This represents a $0.10 annualized dividend and a yield of 0.25%. Vontier’s dividend payout ratio is 3.83%.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the company. UBS Group began coverage on Vontier in a report on Tuesday, December 10th. They set a “buy” rating and a $47.00 price target for the company. Argus downgraded shares of Vontier from a “buy” rating to a “hold” rating in a research report on Tuesday, August 20th. Barclays raised their price target on shares of Vontier from $44.00 to $46.00 and gave the company an “overweight” rating in a report on Tuesday, November 5th. Citigroup upped their price objective on shares of Vontier from $44.00 to $46.00 and gave the stock a “buy” rating in a report on Monday, December 9th. Finally, Wolfe Research upgraded Vontier from a “peer perform” rating to an “outperform” rating and set a $48.00 target price on the stock in a report on Thursday. Three research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $44.44.

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.