Advisor OS LLC Purchases 414 Shares of Vertiv Holdings Co (NYSE:VRT)

Advisor OS LLC raised its position in shares of Vertiv Holdings Co (NYSE:VRT) by 17.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,766 shares of the company’s stock after acquiring an additional 414 shares during the period. Advisor OS LLC’s holdings in Vertiv were worth $314,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of VRT. Silverleafe Capital Partners LLC bought a new stake in shares of Vertiv in the fourth quarter valued at about $4,219,000. Foundations Investment Advisors LLC lifted its stake in shares of Vertiv by 7.9% in the fourth quarter. Foundations Investment Advisors LLC now owns 185,512 shares of the company’s stock valued at $21,076,000 after buying an additional 13,559 shares during the period. Empowered Funds LLC lifted its stake in shares of Vertiv by 67.0% in the fourth quarter. Empowered Funds LLC now owns 9,180 shares of the company’s stock valued at $1,043,000 after buying an additional 3,682 shares during the period. Janney Capital Management LLC bought a new stake in shares of Vertiv in the third quarter valued at about $8,403,000. Finally, Gordian Capital Singapore Pte Ltd lifted its stake in shares of Vertiv by 112.5% in the third quarter. Gordian Capital Singapore Pte Ltd now owns 8,500 shares of the company’s stock valued at $846,000 after buying an additional 4,500 shares during the period. 89.92% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on VRT. Barclays reduced their target price on shares of Vertiv from $142.00 to $131.00 and set an “equal weight” rating for the company in a research note on Thursday, February 13th. Melius Research reiterated a “hold” rating and issued a $125.00 target price on shares of Vertiv in a research note on Tuesday, January 28th. Mizuho increased their target price on shares of Vertiv from $125.00 to $145.00 and gave the company an “outperform” rating in a research note on Tuesday, November 19th. TD Cowen raised their price target on shares of Vertiv from $115.00 to $141.00 and gave the stock a “buy” rating in a research note on Tuesday, November 19th. Finally, Melius cut 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. Four research analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $138.57.

Vertiv Stock Performance

NYSE VRT opened at $92.18 on Friday. The firm has a market cap of $34.60 billion, a price-to-earnings ratio of 72.02, a PEG ratio of 1.07 and a beta of 1.64. The company has a 50 day moving average of $118.84 and a 200-day moving average of $110.12. The company has a current ratio of 1.65, a quick ratio of 1.02 and a debt-to-equity ratio of 1.19. Vertiv Holdings Co has a 1-year low of $62.40 and a 1-year high of $155.84.

Vertiv (NYSE:VRT) last posted its quarterly earnings data on Wednesday, February 12th. The company reported $0.99 earnings per share for the quarter, topping the consensus estimate 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 last year, the business earned $0.56 earnings per share. On average, equities analysts forecast that Vertiv Holdings Co will post 3.59 earnings per share for the current fiscal 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.