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

Loring Wolcott & Coolidge Fiduciary Advisors LLP MA cut its holdings in shares of Vontier Co. (NYSE:VNT) by 61.3% during the 4th quarter, Holdings Channel.com reports. The firm 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 and hedge funds have also recently added to or reduced their stakes in VNT. Global X Japan Co. Ltd. boosted its holdings in Vontier by 137.7% in the 4th quarter. Global X Japan Co. Ltd. now owns 744 shares of the company’s stock worth $27,000 after buying an additional 431 shares during the period. International Assets Investment Management LLC boosted its holdings 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 acquiring an additional 1,012 shares during the period. Hazlett Burt & Watson Inc. purchased a new position in shares of Vontier in the third quarter valued at $37,000. Wilmington Savings Fund Society FSB purchased a new position in shares of Vontier in the third quarter valued at $40,000. Finally, Covestor Ltd raised its stake in shares of Vontier by 37.1% during the 3rd 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 period. Institutional investors own 95.83% of the company’s stock.

Analyst Ratings Changes

A number of research firms have weighed in on VNT. Barclays reduced their target price on Vontier from $46.00 to $45.00 and set an “overweight” rating for the company in a report on Wednesday, January 8th. Citigroup reduced their price objective on shares of Vontier from $46.00 to $44.00 and set a “buy” rating for the company in a research note on Monday, January 13th. Wolfe Research upgraded shares of Vontier from a “peer perform” rating to an “outperform” rating and set a $48.00 target price on the stock in a research note on Thursday, December 12th. Finally, UBS Group started coverage on shares of Vontier in a research report on Tuesday, December 10th. They set a “buy” rating and a $47.00 price target for the company. Three investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to MarketBeat, Vontier presently has an average rating of “Moderate Buy” and a consensus target price of $44.63.

Vontier Price Performance

Shares of NYSE:VNT opened at $38.40 on Monday. The company’s fifty day moving average price is $37.74 and its 200-day moving average price 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 firm 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.

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.