Schroder Investment Management Group Has $135.62 Million Holdings in Vertiv Holdings Co (NYSE:VRT)

Schroder Investment Management Group raised its holdings in Vertiv Holdings Co (NYSE:VRT - Free Report) by 95.3% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 1,167,536 shares of the company's stock after buying an additional 569,722 shares during the quarter. Schroder Investment Management Group owned 0.31% of Vertiv worth $135,621,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. SOA Wealth Advisors LLC. bought a new stake in Vertiv in the 4th quarter valued at $26,000. OLD Second National Bank of Aurora acquired a new stake in Vertiv during the fourth quarter worth about $30,000. Tradewinds Capital Management LLC raised its holdings in 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 acquiring an additional 111 shares in the last quarter. Mark Sheptoff Financial Planning LLC lifted its position in shares of Vertiv by 200.0% in the 3rd quarter. Mark Sheptoff Financial Planning LLC now owns 300 shares of the company's stock worth $30,000 after acquiring an additional 200 shares during the period. Finally, FNY Investment Advisers LLC acquired a new stake in shares of Vertiv during the 4th quarter worth approximately $34,000. 89.92% of the stock is owned by institutional investors.

Vertiv Price Performance

Shares of NYSE VRT traded up $3.09 during trading on Tuesday, reaching $75.29. The company had a trading volume of 10,125,749 shares, compared to its average volume of 8,772,375. The company has a debt-to-equity ratio of 1.19, a quick ratio of 1.02 and a current ratio of 1.65. The business's 50 day moving average price is $101.47 and its 200-day moving average price is $111.58. Vertiv Holdings Co has a 52 week low of $62.40 and a 52 week high of $155.84. The stock has a market cap of $28.67 billion, a PE ratio of 58.82, a PEG ratio of 1.07 and a beta of 1.71.

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Vertiv (NYSE:VRT - Get Free Report) last released its earnings results on Wednesday, February 12th. The company reported $0.99 earnings per share for the quarter, topping analysts' consensus estimates 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 quarter in the prior year, the company earned $0.56 earnings per share. Analysts expect that Vertiv Holdings Co will post 3.59 earnings per share for the current year.

Vertiv Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 27th. Stockholders of record on Tuesday, March 18th were paid a $0.0375 dividend. This represents a $0.15 annualized dividend and a dividend yield of 0.20%. The ex-dividend date was Tuesday, March 18th. Vertiv's dividend payout ratio (DPR) is presently 11.72%.

Analysts Set New Price Targets

VRT has been the subject of several research reports. Royal Bank of Canada began coverage on Vertiv in a research report on Friday, March 7th. They issued an "outperform" rating and a $121.00 target price for the company. Barclays reduced their price objective on shares of Vertiv from $111.00 to $100.00 and set an "equal weight" rating for the company in a report on Wednesday, March 26th. Fox Advisors started coverage on shares of Vertiv in a research note on Monday, January 6th. They issued an "equal weight" rating on the stock. Evercore ISI cut their price target 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, Melius lowered 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. Four research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $135.33.

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.