Fort Washington Investment Advisors Inc. OH Trims Stock Position in LiveRamp Holdings, Inc. (NYSE:RAMP)

Fort Washington Investment Advisors Inc. OH reduced its position in LiveRamp Holdings, Inc. (NYSE:RAMP - Free Report) by 13.8% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 784,830 shares of the company's stock after selling 125,320 shares during the quarter. Fort Washington Investment Advisors Inc. OH owned 1.20% of LiveRamp worth $23,835,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. Dimensional Fund Advisors LP lifted its stake in LiveRamp by 7.7% in the second quarter. Dimensional Fund Advisors LP now owns 2,265,391 shares of the company's stock worth $70,090,000 after purchasing an additional 161,373 shares during the last quarter. Hsbc Holdings PLC increased its stake in LiveRamp by 623.8% in the 2nd quarter. Hsbc Holdings PLC now owns 93,317 shares of the company's stock worth $2,858,000 after purchasing an additional 80,424 shares during the period. Skandinaviska Enskilda Banken AB publ purchased a new stake in shares of LiveRamp during the second quarter valued at approximately $169,000. Public Sector Pension Investment Board boosted its position in LiveRamp by 7.1% during the 2nd quarter. Public Sector Pension Investment Board now owns 145,640 shares of the company's stock valued at $4,506,000 after buying an additional 9,687 shares during the period. Finally, Magnetar Financial LLC purchased a new stake in shares of LiveRamp during the second quarter worth about $378,000. 93.83% of the stock is currently owned by institutional investors.

LiveRamp Stock Performance

Shares of NYSE:RAMP traded up $0.31 during trading on Thursday, reaching $33.42. 198,848 shares of the stock traded hands, compared to its average volume of 462,567. The stock has a market cap of $2.18 billion, a P/E ratio of 668.49 and a beta of 0.96. The stock has a 50-day moving average of $30.75 and a two-hundred day moving average of $27.90. LiveRamp Holdings, Inc. has a 52-week low of $21.45 and a 52-week high of $42.10.

LiveRamp (NYSE:RAMP - Get Free Report) last issued its earnings results on Wednesday, November 6th. The company reported $0.51 EPS for the quarter, beating the consensus estimate of $0.37 by $0.14. LiveRamp had a return on equity of 1.25% and a net margin of 0.40%. The business had revenue of $185.00 million for the quarter, compared to the consensus estimate of $176.16 million. During the same period last year, the business posted $0.21 EPS. The company's revenue was up 15.6% compared to the same quarter last year. Sell-side analysts expect that LiveRamp Holdings, Inc. will post 0.36 earnings per share for the current year.

Wall Street Analyst Weigh In

Several research firms have weighed in on RAMP. Benchmark dropped their price objective on LiveRamp from $48.00 to $42.00 and set a "buy" rating for the company in a report on Thursday, November 7th. StockNews.com raised shares of LiveRamp from a "buy" rating to a "strong-buy" rating in a research report on Sunday, December 22nd. Wells Fargo & Company began coverage on shares of LiveRamp in a research report on Monday, October 28th. They issued an "equal weight" rating and a $25.00 target price for the company. Macquarie restated an "outperform" rating and issued a $43.00 price objective on shares of LiveRamp in a report on Thursday, November 7th. Finally, Morgan Stanley reiterated an "equal weight" rating and set a $35.00 target price on shares of LiveRamp in a report on Monday, January 13th. Two analysts have rated the stock with a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $39.71.

About LiveRamp

LiveRamp Holdings, Inc, a technology company, operates a data collaboration platform in the United States, Europe, the Asia-Pacific, and internationally. The company operates LiveRamp Data Collaboration platform enables an organization to unify customer and prospect data to build a single view of the customer in a way that protects consumer privacy.