Rothschild Investment LLC Has $160,000 Stock Holdings in Vertiv Holdings Co (NYSE:VRT)

Rothschild Investment LLC lifted its stake in Vertiv Holdings Co (NYSE:VRT) by 16.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,409 shares of the company’s stock after acquiring an additional 194 shares during the quarter. Rothschild Investment LLC’s holdings in Vertiv were worth $160,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently bought and sold shares of VRT. International Assets Investment Management LLC increased its position in Vertiv by 7,976.3% during the third quarter. International Assets Investment Management LLC now owns 145,454 shares of the company’s stock worth $14,471,000 after buying an additional 143,653 shares during the last quarter. Assenagon Asset Management S.A. increased its position in Vertiv by 190.7% during the third quarter. Assenagon Asset Management S.A. now owns 55,923 shares of the company’s stock worth $5,564,000 after buying an additional 36,684 shares during the last quarter. Ballentine Partners LLC acquired a new position in Vertiv during the third quarter worth $214,000. Allworth Financial LP increased its position in Vertiv by 18.6% during the third quarter. Allworth Financial LP now owns 638 shares of the company’s stock worth $63,000 after buying an additional 100 shares during the last quarter. Finally, Arkadios Wealth Advisors increased its position in Vertiv by 16.0% during the third quarter. Arkadios Wealth Advisors now owns 5,706 shares of the company’s stock worth $568,000 after buying an additional 787 shares during the last quarter. 89.92% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities analysts have commented on VRT shares. Barclays lowered their target price on shares of Vertiv from $142.00 to $131.00 and set an “equal weight” rating on the stock in a research report on Thursday, February 13th. Oppenheimer raised their price target on Vertiv from $121.00 to $131.00 and gave the company an “outperform” rating in a research report on Tuesday, November 19th. UBS Group started coverage on Vertiv in a research report on Wednesday, November 13th. They issued a “buy” rating and a $155.00 price target on the stock. Evercore ISI lowered their price target on Vertiv from $150.00 to $145.00 and set an “outperform” rating on the stock in a research report on Friday, January 17th. Finally, Fox Advisors started coverage on Vertiv in a research report on Monday, January 6th. They issued an “equal weight” rating on the stock. Four research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $138.57.

Vertiv Stock Up 0.9 %

NYSE VRT opened at $91.85 on Wednesday. The company has a debt-to-equity ratio of 1.19, a quick ratio of 1.02 and a current ratio of 1.65. The firm has a 50-day simple moving average of $119.62 and a 200 day simple moving average of $110.33. Vertiv Holdings Co has a twelve month low of $62.40 and a twelve month high of $155.84. The stock has a market cap of $34.47 billion, a PE ratio of 71.76, a PEG ratio of 1.07 and a beta of 1.64.

Vertiv (NYSE:VRT) last announced its quarterly earnings results on Wednesday, February 12th. The company reported $0.99 EPS for the quarter, topping analysts’ consensus estimates of $0.84 by $0.15. Vertiv had a net margin of 6.19% and a return on equity of 61.41%. During the same quarter in the previous year, the business earned $0.56 earnings per share. On average, research analysts forecast that Vertiv Holdings Co will post 3.59 EPS for the current year.

Vertiv Profile

Vertiv Holdings Co, together with its subsidiaries, designs, manufactures, and services critical digital infrastructure technologies and life cycle services for data centers, communication networks, and commercial and industrial environments in the Americas, the Asia Pacific, Europe, the Middle East, and Africa.