Versigent (NYSE:VGNT) Plans Quarterly Dividend of $0.13

Versigent (NYSE:VGNT) declared a quarterly dividend on Monday, August 3rd. Shareholders of record on Friday, September 4th will be paid a dividend of 0.13 per share on Friday, September 18th. This represents a c) dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date is Friday, September 4th.

Versigent Stock Up 9.0%

Shares of NYSE VGNT traded up $3.77 during trading on Tuesday, hitting $45.81. 2,472,548 shares of the company traded hands, compared to its average volume of 2,090,241. The stock has a 50-day moving average of $43.28. Versigent has a 1 year low of $26.34 and a 1 year high of $50.88.

Versigent (NYSE:VGNT) last issued its earnings results on Tuesday, August 4th. The company reported $1.92 earnings per share for the quarter, beating analysts’ consensus estimates of $1.58 by $0.34.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on VGNT shares. Wolfe Research assumed coverage on Versigent in a report on Thursday, April 30th. They set an “outperform” rating and a $53.00 target price for the company. Wells Fargo & Company boosted their price objective on shares of Versigent from $42.00 to $48.00 and gave the stock an “overweight” rating in a research note on Thursday, June 25th. Oppenheimer set a $50.00 price objective on shares of Versigent in a research report on Tuesday, July 21st. Argus set a $50.00 target price on shares of Versigent in a report on Tuesday, July 21st. Finally, Royal Bank Of Canada upped their price target on shares of Versigent from $34.00 to $41.00 and gave the stock a “sector perform” rating in a research report on Monday, July 13th. Three equities research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of $49.67.