Vertiv Holdings Co (NYSE:VRT) Shares Purchased by Intellectus Partners LLC

Intellectus Partners LLC raised its position in Vertiv Holdings Co (NYSE:VRT) by 6.3% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 8,500 shares of the company’s stock after buying an additional 500 shares during the period. Intellectus Partners LLC’s holdings in Vertiv were worth $966,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Silverleafe Capital Partners LLC acquired a new position in Vertiv in the 4th quarter worth about $4,219,000. Foundations Investment Advisors LLC raised its stake in shares of Vertiv by 7.9% during the 4th quarter. Foundations Investment Advisors LLC now owns 185,512 shares of the company’s stock worth $21,076,000 after buying an additional 13,559 shares during the period. Empowered Funds LLC lifted its position in shares of Vertiv by 67.0% during the 4th 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 in the last quarter. Gordian Capital Singapore Pte Ltd grew its stake in Vertiv by 112.5% in the 3rd quarter. Gordian Capital Singapore Pte Ltd now owns 8,500 shares of the company’s stock valued at $846,000 after acquiring an additional 4,500 shares during the period. Finally, Nordea Investment Management AB increased its holdings in Vertiv by 3,417.9% in the 4th quarter. Nordea Investment Management AB now owns 964,104 shares of the company’s stock worth $110,544,000 after acquiring an additional 936,698 shares in the last quarter. Institutional investors and hedge funds own 89.92% of the company’s stock.

Vertiv Trading Up 3.8 %

Shares of VRT stock opened at $85.16 on Friday. 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 $32.43 billion, a price-to-earnings ratio of 66.53, a PEG ratio of 1.07 and a beta of 1.71. The company’s 50-day moving average price is $115.09 and its 200-day moving average price is $110.47. 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 (NYSE:VRT) last posted its quarterly earnings results on Wednesday, February 12th. The company reported $0.99 earnings per share for the quarter, beating 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 period in the previous year, the business posted $0.56 earnings per share. As a group, equities analysts predict that Vertiv Holdings Co will post 3.59 earnings per share for the current year.

Analysts Set New Price Targets

Several equities analysts have issued reports on the stock. The Goldman Sachs Group increased their price objective on shares of Vertiv from $126.00 to $140.00 and gave the company a “buy” rating in a report on Tuesday, November 19th. Barclays lowered their price objective on Vertiv from $131.00 to $111.00 and set an “equal weight” rating on the stock in a report on Monday, March 3rd. Evercore ISI cut their price objective on Vertiv from $150.00 to $145.00 and set an “outperform” rating for the company in a research note on Friday, January 17th. Citigroup raised their target price on Vertiv from $141.00 to $155.00 and gave the company a “buy” rating in a research report on Monday, December 9th. Finally, Melius cut Vertiv from a “buy” rating to a “hold” rating and set a $125.00 price target for the company. in a research report on Tuesday, January 28th. Four investment analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $136.07.

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.