Susquehanna Fundamental Investments LLC Invests $12.40 Million in Vertiv Holdings Co (NYSE:VRT)

Susquehanna Fundamental Investments LLC bought a new stake in Vertiv Holdings Co (NYSE:VRT - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 109,158 shares of the company's stock, valued at approximately $12,401,000.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. SOA Wealth Advisors LLC. purchased a new position in shares of Vertiv during the 4th quarter worth $26,000. OLD Second National Bank of Aurora purchased a new position in Vertiv during the fourth quarter worth about $30,000. Tradewinds Capital Management LLC boosted its stake in Vertiv by 61.3% during 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 during the period. FNY Investment Advisers LLC purchased a new position in Vertiv during the fourth quarter worth about $34,000. Finally, Pittenger & Anderson Inc. boosted its stake in Vertiv by 92.0% during the fourth quarter. Pittenger & Anderson Inc. now owns 313 shares of the company's stock worth $36,000 after buying an additional 150 shares during the period. Hedge funds and other institutional investors own 89.92% of the company's stock.

Vertiv Stock Down 0.9 %

NYSE:VRT traded down $0.82 during mid-day trading on Monday, hitting $86.13. The stock had a trading volume of 8,861,150 shares, compared to its average volume of 8,988,314. The company has a current ratio of 1.65, a quick ratio of 1.02 and a debt-to-equity ratio of 1.19. Vertiv Holdings Co has a twelve month low of $53.60 and a twelve month high of $155.84. The stock has a 50-day simple moving average of $80.62 and a two-hundred day simple moving average of $107.39. The company has a market capitalization of $32.80 billion, a PE ratio of 67.29, a PEG ratio of 1.07 and a beta of 1.71.

Vertiv (NYSE:VRT - Get Free Report) last released its quarterly earnings data on Wednesday, April 23rd. The company reported $0.64 earnings per share for the quarter, topping analysts' consensus estimates of $0.62 by $0.02. Vertiv had a net margin of 6.19% and a return on equity of 61.41%. The company had revenue of $2.04 billion for the quarter, compared to analysts' expectations of $1.94 billion. During the same quarter last year, the company earned $0.43 earnings per share. The firm's revenue for the quarter was up 24.2% on a year-over-year basis. On average, equities research analysts anticipate that Vertiv Holdings Co will post 3.59 EPS for the current year.

Vertiv Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 27th. Shareholders of record on Tuesday, March 18th were issued a dividend of $0.0375 per share. The ex-dividend date was Tuesday, March 18th. This represents a $0.15 dividend on an annualized basis and a yield of 0.17%. Vertiv's payout ratio is currently 8.72%.

Analysts Set New Price Targets

VRT has been the subject of several research analyst reports. Royal Bank of Canada initiated coverage on shares of Vertiv in a research note on Friday, March 7th. They set an "outperform" rating and a $121.00 target price for the company. Citigroup lowered their target price on shares of Vertiv from $153.00 to $98.00 and set a "buy" rating for the company in a research note on Monday, April 14th. KGI Securities initiated coverage on shares of Vertiv in a research note on Thursday. They set a "hold" rating for the company. 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. Finally, JPMorgan Chase & Co. reduced their price target on shares of Vertiv from $132.00 to $100.00 and set an "overweight" rating on the stock in a research report on Tuesday, April 8th. Five analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $120.38.

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.