4,182 Shares in Vertiv Holdings Co (NYSE:VRT) Acquired by Values First Advisors Inc.

Values First Advisors Inc. acquired a new stake in Vertiv Holdings Co (NYSE:VRT) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 4,182 shares of the company’s stock, valued at approximately $475,000.

A number of other hedge funds also recently made changes to their positions in VRT. Davidson Capital Management Inc. boosted its stake in shares of Vertiv by 54.2% in the fourth quarter. Davidson Capital Management Inc. now owns 31,604 shares of the company’s stock valued at $3,591,000 after purchasing an additional 11,108 shares during the period. Leavell Investment Management Inc. acquired a new position in Vertiv in the 4th quarter worth $280,000. Compound Global Advisors LLC purchased a new position in Vertiv in the 4th quarter valued at about $284,000. Peterson Wealth Services acquired a new stake in shares of Vertiv during the fourth quarter valued at about $771,000. Finally, Stonebridge Financial Group LLC purchased a new stake in shares of Vertiv during the fourth quarter worth about $3,052,000. Hedge funds and other institutional investors own 89.92% of the company’s stock.

Insider Activity at Vertiv

In related news, Director Jan Van Dokkum sold 38,647 shares of the firm’s stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $136.39, for a total value of $5,271,064.33. Following the sale, the director now directly owns 25,000 shares in the company, valued at $3,409,750. This trade represents a 60.72 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Jakki L. Haussler sold 15,347 shares of the business’s stock in a transaction on Wednesday, November 20th. The stock was sold at an average price of $137.38, for a total value of $2,108,370.86. Following the transaction, the director now owns 3,425 shares of the company’s stock, valued at $470,526.50. This trade represents a 81.75 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 171,527 shares of company stock worth $23,105,682 in the last ninety days. 5.01% of the stock is owned by insiders.

Vertiv Stock Down 9.7 %

NYSE:VRT opened at $111.34 on Thursday. The company has a current ratio of 1.38, a quick ratio of 1.02 and a debt-to-equity ratio of 1.60. The stock has a 50 day moving average of $124.27 and a 200-day moving average of $108.09. The firm has a market capitalization of $41.79 billion, a PE ratio of 74.23, a price-to-earnings-growth ratio of 0.94 and a beta of 1.64. Vertiv Holdings Co has a 52 week low of $55.00 and a 52 week high of $155.84.

Vertiv (NYSE:VRT) last issued 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 55.33% and a net margin of 7.72%. During the same quarter in the prior year, the company posted $0.56 earnings per share. Analysts predict that Vertiv Holdings Co will post 2.7 EPS for the current year.

Vertiv Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, December 19th. Investors of record on Tuesday, December 3rd were issued a $0.0375 dividend. This represents a $0.15 dividend on an annualized basis and a dividend yield of 0.13%. The ex-dividend date of this dividend was Tuesday, December 3rd. This is a boost from Vertiv’s previous quarterly dividend of $0.03. Vertiv’s dividend payout ratio (DPR) is 6.67%.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on the company. Barclays assumed coverage on Vertiv in a research note on Thursday, December 12th. They set an “equal weight” rating and a $142.00 price objective for the company. Morgan Stanley assumed coverage on shares of Vertiv in a research report on Monday, January 6th. They set an “overweight” rating and a $150.00 price target for the company. 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 research note on Tuesday, November 19th. Fox Advisors started coverage on shares of Vertiv in a report on Monday, January 6th. They set an “equal weight” rating for the company. Finally, Evercore ISI cut their target price on shares of Vertiv from $150.00 to $145.00 and set an “outperform” rating on the stock in a research note on Friday, January 17th. Four analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $139.36.

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.