B. Metzler seel. Sohn & Co. AG Purchases 3,830 Shares of Vertiv Holdings Co (NYSE:VRT)

B. Metzler seel. Sohn & Co. AG increased its position in shares of Vertiv Holdings Co (NYSE:VRT) by 43.8% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 12,565 shares of the company’s stock after buying an additional 3,830 shares during the period. B. Metzler seel. Sohn & Co. AG’s holdings in Vertiv were worth $1,428,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. SOA Wealth Advisors LLC. bought a new stake in Vertiv during the fourth quarter valued at about $26,000. OLD Second National Bank of Aurora bought a new stake in Vertiv during the 4th quarter valued at approximately $30,000. Tradewinds Capital Management LLC grew 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 buying an additional 111 shares during the last quarter. FNY Investment Advisers LLC bought a new position in Vertiv in the 4th quarter worth approximately $34,000. Finally, Pittenger & Anderson Inc. lifted its holdings in shares of Vertiv by 92.0% during the fourth quarter. Pittenger & Anderson Inc. now owns 313 shares of the company’s stock worth $36,000 after buying an additional 150 shares during the last quarter. 89.92% of the stock is currently owned by institutional investors and hedge funds.

Vertiv Stock Performance

NYSE:VRT opened at $77.23 on Thursday. The stock has a market capitalization of $29.41 billion, a P/E ratio of 60.34, a price-to-earnings-growth ratio of 1.07 and a beta of 1.71. Vertiv Holdings Co has a 1 year low of $62.40 and a 1 year high of $155.84. The firm has a 50 day moving average of $98.69 and a 200-day moving average of $111.27. 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 data on Wednesday, February 12th. The company reported $0.99 EPS for the quarter, topping analysts’ consensus estimates of $0.84 by $0.15. Vertiv had a return on equity of 61.41% and a net margin of 6.19%. During the same period last year, the company earned $0.56 EPS. As a group, sell-side analysts anticipate that Vertiv Holdings Co will post 3.59 EPS for the current fiscal year.

Vertiv Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, March 27th. Shareholders of record on Tuesday, March 18th were paid a $0.0375 dividend. This represents a $0.15 dividend on an annualized basis and a dividend yield of 0.19%. The ex-dividend date was Tuesday, March 18th. Vertiv’s dividend payout ratio is presently 11.72%.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on VRT shares. Morgan Stanley began coverage on shares of Vertiv in a research report on Monday, January 6th. They set an “overweight” rating and a $150.00 target price on the stock. Citigroup increased their target price on shares of Vertiv from $141.00 to $155.00 and gave the company a “buy” rating in a research note on Monday, December 9th. Royal Bank of Canada assumed coverage on Vertiv in a research note on Friday, March 7th. They set an “outperform” rating and a $121.00 price target on the stock. Fox Advisors assumed coverage on Vertiv in a research report on Monday, January 6th. They issued an “equal weight” rating for the company. Finally, Barclays cut their target price on Vertiv from $111.00 to $100.00 and set an “equal weight” rating for the company in a research note on Wednesday, March 26th. Four 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, Vertiv presently has an average rating of “Moderate Buy” and a consensus target price of $135.33.

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.