Dynasty Wealth Management LLC Sells 240 Shares of Vertiv Holdings Co (NYSE:VRT)

Dynasty Wealth Management LLC cut its stake in Vertiv Holdings Co (NYSE:VRT) by 4.4% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 5,160 shares of the company’s stock after selling 240 shares during the quarter. Dynasty Wealth Management LLC’s holdings in Vertiv were worth $586,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Fifth Third Bancorp lifted its holdings in Vertiv by 8.1% in the fourth quarter. Fifth Third Bancorp now owns 1,126 shares of the company’s stock worth $128,000 after buying an additional 84 shares during the period. Accurate Wealth Management LLC lifted its stake in shares of Vertiv by 4.1% in the 4th quarter. Accurate Wealth Management LLC now owns 2,234 shares of the company’s stock valued at $254,000 after purchasing an additional 87 shares during the period. Allworth Financial LP lifted its stake in shares of Vertiv by 18.6% in the 3rd quarter. Allworth Financial LP now owns 638 shares of the company’s stock valued at $63,000 after purchasing an additional 100 shares during the period. Tradewinds Capital Management LLC lifted its stake in shares of 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 purchasing an additional 111 shares during the period. Finally, Bouvel Investment Partners LLC lifted its stake in shares of Vertiv by 1.1% in the 4th quarter. Bouvel Investment Partners LLC now owns 11,097 shares of the company’s stock valued at $1,261,000 after purchasing an additional 117 shares during the period. 89.92% of the stock is owned by hedge funds and other institutional investors.

Vertiv Price Performance

Shares of NYSE VRT opened at $95.09 on Friday. Vertiv Holdings Co has a twelve month low of $62.40 and a twelve month high of $155.84. The firm has a market cap of $35.69 billion, a P/E ratio of 74.29, a PEG ratio of 1.07 and a beta of 1.64. The company has a 50 day moving average of $118.34 and a 200 day moving average of $110.27. 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 posted its quarterly earnings results on Wednesday, February 12th. The company reported $0.99 earnings per share for the quarter, topping 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 previous year, the company earned $0.56 earnings per share. As a group, research analysts expect that Vertiv Holdings Co will post 3.59 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts have commented on VRT shares. Morgan Stanley started coverage on Vertiv in a research report on Monday, January 6th. They set an “overweight” rating and a $150.00 price objective for the company. Melius Research reissued a “hold” rating and set a $125.00 price target on shares of Vertiv in a research report on Tuesday, January 28th. Oppenheimer lifted their price target on shares of Vertiv from $121.00 to $131.00 and gave the company an “outperform” rating in a research report on Tuesday, November 19th. Mizuho lifted their price target on shares of Vertiv from $125.00 to $145.00 and gave the company an “outperform” rating in a research report on Tuesday, November 19th. Finally, The Goldman Sachs Group lifted their target price on shares of Vertiv from $126.00 to $140.00 and gave the company a “buy” rating in a report on Tuesday, November 19th. Four analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. According to MarketBeat.com, Vertiv currently has a consensus 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.