SolarWinds Co. (NYSE:SWI) Shares Bought by Villanova Investment Management Co LLC

Villanova Investment Management Co LLC increased its stake in SolarWinds Co. (NYSE:SWI - Free Report) by 10.8% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 165,899 shares of the software maker's stock after acquiring an additional 16,190 shares during the period. SolarWinds comprises approximately 2.1% of Villanova Investment Management Co LLC's portfolio, making the stock its 15th largest position. Villanova Investment Management Co LLC owned about 0.10% of SolarWinds worth $2,364,000 as of its most recent filing with the SEC.

Other institutional investors have also added to or reduced their stakes in the company. Vanguard Group Inc. lifted its stake in SolarWinds by 2.9% during the fourth quarter. Vanguard Group Inc. now owns 6,865,366 shares of the software maker's stock worth $97,831,000 after purchasing an additional 192,198 shares during the last quarter. State Street Corp lifted its position in SolarWinds by 57.5% in the 3rd quarter. State Street Corp now owns 2,193,026 shares of the software maker's stock worth $28,619,000 after buying an additional 800,467 shares during the last quarter. Wellington Management Group LLP boosted its stake in SolarWinds by 93.3% in the fourth quarter. Wellington Management Group LLP now owns 2,174,522 shares of the software maker's stock worth $30,987,000 after buying an additional 1,049,310 shares in the last quarter. Geode Capital Management LLC grew its position in SolarWinds by 1.3% during the third quarter. Geode Capital Management LLC now owns 1,290,044 shares of the software maker's stock valued at $16,839,000 after acquiring an additional 16,730 shares during the last quarter. Finally, Fisher Asset Management LLC purchased a new position in shares of SolarWinds during the fourth quarter worth approximately $13,886,000. Institutional investors own 93.96% of the company's stock.

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SolarWinds Trading Down 0.2 %

Shares of NYSE:SWI traded down $0.04 during midday trading on Friday, hitting $18.38. 4,145,325 shares of the stock traded hands, compared to its average volume of 779,016. The company has a quick ratio of 0.71, a current ratio of 0.85 and a debt-to-equity ratio of 0.85. The stock has a market capitalization of $3.18 billion, a PE ratio of 29.17 and a beta of 0.88. SolarWinds Co. has a one year low of $10.14 and a one year high of $18.55. The business's 50 day moving average is $17.74 and its two-hundred day moving average is $15.01.

SolarWinds (NYSE:SWI - Get Free Report) last released its quarterly earnings data on Wednesday, February 12th. The software maker reported $0.41 earnings per share for the quarter, topping the consensus estimate of $0.27 by $0.14. SolarWinds had a return on equity of 12.19% and a net margin of 14.04%. As a group, research analysts forecast that SolarWinds Co. will post 0.75 earnings per share for the current year.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the stock. Royal Bank of Canada upped their price objective on shares of SolarWinds from $13.00 to $16.00 and gave the company a "sector perform" rating in a research note on Tuesday, January 21st. Robert W. Baird raised their price objective on SolarWinds from $15.00 to $18.50 and gave the company a "neutral" rating in a research note on Monday, February 10th. Scotiabank lifted their price objective on SolarWinds from $15.00 to $18.50 and gave the stock a "sector perform" rating in a report on Monday, February 10th. Truist Financial restated a "hold" rating and set a $18.50 target price (up from $13.00) on shares of SolarWinds in a report on Monday, February 10th. Finally, Wedbush cut SolarWinds from an "outperform" rating to a "neutral" rating and decreased their price target for the stock from $20.00 to $18.50 in a research note on Friday, February 7th. Five analysts have rated the stock with a hold rating, Based on data from MarketBeat, SolarWinds currently has a consensus rating of "Hold" and an average price target of $18.00.

SolarWinds Company Profile

SolarWinds Corporation provides information technology (IT) management software products in the United States and internationally. It provides a suite of network management software that offers real-time visibility into network utilization and bandwidth, as well as the ability to detect, diagnose, and resolve network performance problems; and a suite of infrastructure management products, which monitors and analyzes the performance of applications and their supporting infrastructure, including servers, physical, virtual and cloud infrastructure, storage, and databases.