Whipplewood Advisors LLC Purchases New Position in Vertiv Holdings Co (NYSE:VRT)

Whipplewood Advisors LLC purchased a new stake in Vertiv Holdings Co (NYSE:VRT) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 943 shares of the company’s stock, valued at approximately $107,000.

Other large investors have also recently modified their holdings of the company. SOA Wealth Advisors LLC. purchased a new stake in shares of Vertiv in the fourth quarter valued at approximately $26,000. OLD Second National Bank of Aurora bought a new position in Vertiv in the fourth quarter worth approximately $30,000. Tradewinds Capital Management LLC raised its stake in Vertiv by 61.3% in the fourth quarter. Tradewinds Capital Management LLC now owns 292 shares of the company’s stock worth $33,000 after buying an additional 111 shares in the last quarter. Mark Sheptoff Financial Planning LLC raised its stake in Vertiv by 200.0% in the third quarter. Mark Sheptoff Financial Planning LLC now owns 300 shares of the company’s stock worth $30,000 after buying an additional 200 shares in the last quarter. Finally, FNY Investment Advisers LLC bought a new position in Vertiv in the fourth quarter worth approximately $34,000. Hedge funds and other institutional investors own 89.92% of the company’s stock.

Vertiv Price Performance

NYSE VRT opened at $92.18 on Friday. The company has a debt-to-equity ratio of 1.19, a current ratio of 1.65 and a quick ratio of 1.02. The stock’s fifty day moving average price is $118.84 and its 200 day moving average price is $110.12. Vertiv Holdings Co has a 1 year low of $62.40 and a 1 year high of $155.84. The company has a market cap of $34.60 billion, a price-to-earnings ratio of 72.02, a PEG ratio of 1.07 and a beta of 1.64.

Vertiv (NYSE:VRT) last released its earnings results on Wednesday, February 12th. The company reported $0.99 earnings per share (EPS) for the quarter, beating the consensus estimate 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 in the prior year, the business posted $0.56 EPS. As a group, equities research analysts forecast that Vertiv Holdings Co will post 3.59 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on VRT shares. Melius Research reissued a “hold” rating and issued a $125.00 price objective on shares of Vertiv in a research note on Tuesday, January 28th. Evercore ISI reduced their price objective 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. Melius downgraded shares of Vertiv from a “buy” rating to a “hold” rating and set a $125.00 price objective for the company. in a research note on Tuesday, January 28th. Barclays reduced their price objective on shares of Vertiv from $142.00 to $131.00 and set an “equal weight” rating for the company in a research note on Thursday, February 13th. Finally, TD Cowen upped their price target on Vertiv from $115.00 to $141.00 and gave the stock a “buy” rating in a research report on Tuesday, November 19th. Four analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company’s stock. According to MarketBeat.com, Vertiv has an average rating of “Moderate Buy” and an average price target of $138.57.

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.