Dorsey & Whitney Trust CO LLC Has $326,000 Stock Holdings in Vertiv Holdings Co (NYSE:VRT)

Dorsey & Whitney Trust CO LLC increased its position in shares of Vertiv Holdings Co (NYSE:VRT) by 23.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,872 shares of the company’s stock after acquiring an additional 537 shares during the period. Dorsey & Whitney Trust CO LLC’s holdings in Vertiv were worth $326,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also made changes to their positions in VRT. Fifth Third Bancorp boosted its position in Vertiv by 8.1% in the fourth quarter. Fifth Third Bancorp now owns 1,126 shares of the company’s stock valued at $128,000 after buying an additional 84 shares in the last quarter. Accurate Wealth Management LLC boosted its position in Vertiv by 4.1% in the fourth quarter. Accurate Wealth Management LLC now owns 2,234 shares of the company’s stock valued at $254,000 after buying an additional 87 shares in the last quarter. Tradewinds Capital Management LLC boosted its position in Vertiv by 61.3% in the fourth quarter. Tradewinds Capital Management LLC now owns 292 shares of the company’s stock valued at $33,000 after buying an additional 111 shares in the last quarter. Bouvel Investment Partners LLC boosted its position in Vertiv by 1.1% in the fourth quarter. Bouvel Investment Partners LLC now owns 11,097 shares of the company’s stock valued at $1,261,000 after buying an additional 117 shares in the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. boosted its position in Vertiv by 16.9% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 837 shares of the company’s stock valued at $95,000 after buying an additional 121 shares in the last quarter. Institutional investors and hedge funds own 89.92% of the company’s stock.

Vertiv Price Performance

Shares of NYSE VRT opened at $77.89 on Tuesday. Vertiv Holdings Co has a twelve month low of $62.40 and a twelve month high of $155.84. The firm has a fifty day simple moving average of $114.33 and a 200 day simple moving average of $110.95. The company has a market capitalization of $29.66 billion, a PE ratio of 60.85, a P/E/G ratio of 1.07 and a beta of 1.71. The company has a quick ratio of 1.02, a current ratio of 1.65 and a debt-to-equity ratio of 1.19.

Vertiv (NYSE:VRT) last announced its earnings results 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 prior year, the firm earned $0.56 earnings per share. On average, sell-side analysts forecast that Vertiv Holdings Co will post 3.59 EPS for the current year.

Vertiv Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 27th. Shareholders of record on Tuesday, March 18th will be paid a $0.0375 dividend. This represents a $0.15 annualized dividend and a yield of 0.19%. The ex-dividend date is Tuesday, March 18th. Vertiv’s dividend payout ratio (DPR) is currently 11.72%.

Analysts Set New Price Targets

A number of analysts have weighed in on VRT shares. Barclays cut their target price on shares of Vertiv from $131.00 to $111.00 and set an “equal weight” rating on the stock in a research report on Monday, March 3rd. UBS Group began coverage on shares of Vertiv in a research note on Wednesday, November 13th. They set a “buy” rating and a $155.00 price target for the company. Morgan Stanley began coverage on shares of Vertiv in a research note on Monday, January 6th. They set an “overweight” rating and a $150.00 price target for the company. The Goldman Sachs Group raised their price target on shares of Vertiv from $126.00 to $140.00 and gave the company a “buy” rating in a research note on Tuesday, November 19th. Finally, Fox Advisors began coverage on shares of Vertiv in a research note on Monday, January 6th. They set an “equal weight” rating for the company. Four investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. Based on data from MarketBeat, Vertiv currently has a consensus rating of “Moderate Buy” and a consensus price target of $136.07.

Vertiv Company 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.