Vertiv Holdings Co (NYSE:VRT) Shares Acquired by Schroder Investment Management Group

Schroder Investment Management Group lifted its stake in Vertiv Holdings Co (NYSE:VRT) by 95.3% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 1,167,536 shares of the company’s stock after acquiring an additional 569,722 shares during the quarter. Schroder Investment Management Group owned 0.31% of Vertiv worth $135,621,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in VRT. SOA Wealth Advisors LLC. acquired a new position in Vertiv during the fourth quarter worth $26,000. Brooklyn Investment Group acquired a new position in Vertiv during the 3rd quarter worth about $30,000. Mark Sheptoff Financial Planning LLC boosted its holdings in Vertiv by 200.0% during the 3rd quarter. Mark Sheptoff Financial Planning LLC now owns 300 shares of the company’s stock valued at $30,000 after acquiring an additional 200 shares during the period. OLD Second National Bank of Aurora acquired a new position in Vertiv in the 4th quarter valued at about $30,000. Finally, Tradewinds Capital Management LLC increased its stake in Vertiv by 61.3% during the fourth quarter. Tradewinds Capital Management LLC now owns 292 shares of the company’s stock worth $33,000 after purchasing an additional 111 shares during the period. Hedge funds and other institutional investors own 89.92% of the company’s stock.

Vertiv Price Performance

Shares of NYSE VRT opened at $74.32 on Monday. The stock’s 50-day simple moving average is $102.74 and its 200-day simple moving average is $111.69. The firm has a market capitalization of $28.30 billion, a PE ratio of 58.06, a price-to-earnings-growth ratio of 1.07 and a beta of 1.71. Vertiv Holdings Co has a fifty-two week low of $62.40 and a fifty-two week high of $155.84. The company has a debt-to-equity ratio of 1.19, a quick ratio of 1.02 and a current ratio of 1.65.

Vertiv (NYSE:VRT) last released its quarterly earnings data on Wednesday, February 12th. The company reported $0.99 earnings per share 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 company earned $0.56 EPS. As a group, equities research analysts forecast that Vertiv Holdings Co will post 3.59 EPS for the current fiscal year.

Vertiv Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 27th. Shareholders of record on Tuesday, March 18th were paid a $0.0375 dividend. The ex-dividend date was Tuesday, March 18th. This represents a $0.15 annualized dividend and a yield of 0.20%. Vertiv’s dividend payout ratio is presently 11.72%.

Analyst Ratings Changes

Several research firms have recently commented on VRT. Fox Advisors started coverage on shares of Vertiv in a research note on Monday, January 6th. They issued an “equal weight” rating for the company. Melius downgraded shares of Vertiv from a “buy” rating to a “hold” rating and set a $125.00 price target for the company. in a research note on Tuesday, January 28th. Melius Research reaffirmed a “hold” rating and set a $125.00 price objective on shares of Vertiv in a research report on Tuesday, January 28th. Citigroup lifted their target price on Vertiv from $141.00 to $155.00 and gave the company a “buy” rating in a report on Monday, December 9th. Finally, Royal Bank of Canada started coverage on Vertiv in a report on Friday, March 7th. They set an “outperform” rating and a $121.00 price target on the stock. Four research analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. According to data from MarketBeat.com, Vertiv has a consensus rating of “Moderate Buy” and an average target price of $135.33.

About Vertiv

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.