Vertiv Holdings Co (NYSE:VRT) Shares Bought by Quartz Partners LLC

Quartz Partners LLC lifted its position in shares of Vertiv Holdings Co (NYSE:VRT) by 3.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 13,015 shares of the company’s stock after buying an additional 384 shares during the period. Quartz Partners LLC’s holdings in Vertiv were worth $1,479,000 as of its most recent SEC filing.

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

Analyst Ratings Changes

VRT has been the subject of several analyst reports. Barclays decreased their target price on Vertiv from $142.00 to $131.00 and set an “equal weight” rating for the company in a research report on Thursday, February 13th. Melius downgraded shares of Vertiv from a “buy” rating to a “hold” rating and set a $125.00 price objective for the company. in a research report on Tuesday, January 28th. TD Cowen boosted their target price on shares of Vertiv from $115.00 to $141.00 and gave the stock a “buy” rating in a research report on Tuesday, November 19th. Mizuho raised their price target on shares of Vertiv from $125.00 to $145.00 and gave the company an “outperform” rating in a report on Tuesday, November 19th. Finally, The Goldman Sachs Group lifted their price target on shares of Vertiv from $126.00 to $140.00 and gave the stock a “buy” rating in a research note on Tuesday, November 19th. Four investment analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $138.57.

Insider Buying and Selling

In other news, EVP Stephen Liang sold 86,619 shares of the business’s stock in a transaction on Tuesday, November 26th. The shares were sold at an average price of $131.07, for a total transaction of $11,353,152.33. Following the completion of the transaction, the executive vice president now owns 19,551 shares of the company’s stock, valued at approximately $2,562,549.57. The trade was a 81.59 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 5.01% of the stock is owned by company insiders.

Vertiv Trading Down 8.5 %

Vertiv stock opened at $95.92 on Monday. 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 Holdings Co has a 1 year low of $61.25 and a 1 year high of $155.84. The firm’s 50-day moving average is $120.90 and its 200-day moving average is $110.04. The company has a market cap of $36.00 billion, a P/E ratio of 74.93, a PEG ratio of 1.07 and a beta of 1.64.

Vertiv (NYSE:VRT) last issued its earnings results on Wednesday, February 12th. The company reported $0.99 earnings per share (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 period in the previous year, the company earned $0.56 EPS. On average, equities analysts expect that Vertiv Holdings Co will post 3.59 earnings per share 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.