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

B. Metzler seel. Sohn & Co. AG boosted its position in shares of Vertiv Holdings Co (NYSE:VRT) by 43.8% in the 4th quarter, HoldingsChannel.com reports. The firm owned 12,565 shares of the company’s stock after buying an additional 3,830 shares during the quarter. B. Metzler seel. Sohn & Co. AG’s holdings in Vertiv were worth $1,428,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. SOA Wealth Advisors LLC. acquired a new position in Vertiv in the fourth quarter valued at approximately $26,000. OLD Second National Bank of Aurora acquired a new position in shares of Vertiv in the 4th quarter valued at $30,000. Tradewinds Capital Management LLC boosted its position in shares of Vertiv by 61.3% in the 4th quarter. Tradewinds Capital Management LLC now owns 292 shares of the company’s stock worth $33,000 after purchasing an additional 111 shares during the last quarter. FNY Investment Advisers LLC acquired a new stake in shares of Vertiv during the fourth quarter worth $34,000. Finally, Pittenger & Anderson Inc. increased its holdings in Vertiv by 92.0% in the fourth quarter. Pittenger & Anderson Inc. now owns 313 shares of the company’s stock valued at $36,000 after purchasing an additional 150 shares during the last quarter. 89.92% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities analysts have issued reports on VRT shares. Melius Research restated a “hold” rating and set a $125.00 target price on shares of Vertiv in a report on Tuesday, January 28th. Fox Advisors assumed coverage on shares of Vertiv in a research note on Monday, January 6th. They set an “equal weight” rating on the stock. Evercore ISI lowered their target price on shares of Vertiv from $150.00 to $145.00 and set an “outperform” rating for the company in a research note on Friday, January 17th. Barclays reduced their price target on shares of Vertiv from $111.00 to $100.00 and set an “equal weight” rating on the stock in a research report on Wednesday, March 26th. Finally, Royal Bank of Canada initiated coverage on shares of Vertiv in a research report on Friday, March 7th. They issued an “outperform” rating and a $121.00 price objective for the company. Four equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $135.33.

Vertiv Price Performance

NYSE VRT opened at $77.23 on Thursday. Vertiv Holdings Co has a 12-month low of $62.40 and a 12-month high of $155.84. The firm’s 50 day moving average is $98.69 and its 200-day moving average is $111.27. The company has a market capitalization of $29.41 billion, a PE ratio of 60.34, a price-to-earnings-growth 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 issued its quarterly earnings results on Wednesday, February 12th. The company reported $0.99 EPS 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 in the previous year, the firm posted $0.56 EPS. Equities research analysts anticipate that Vertiv Holdings Co will post 3.59 earnings per share for the current fiscal year.

Vertiv Announces Dividend

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

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.