Vertiv Holdings Co (NYSE:VRT) Shares Acquired by Whittier Trust Co.

Whittier Trust Co. raised its holdings in shares of Vertiv Holdings Co (NYSE:VRT - Free Report) by 4.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 133,351 shares of the company's stock after acquiring an additional 6,141 shares during the quarter. Whittier Trust Co.'s holdings in Vertiv were worth $15,150,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Fifth Third Bancorp increased its holdings in Vertiv by 8.1% in the 4th quarter. Fifth Third Bancorp now owns 1,126 shares of the company's stock valued at $128,000 after acquiring an additional 84 shares during the last quarter. Accurate Wealth Management LLC increased its holdings in 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 acquiring an additional 87 shares during the last quarter. Tradewinds Capital Management LLC increased 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 during the last quarter. Bouvel Investment Partners LLC grew 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 worth $1,261,000 after buying an additional 117 shares in the last quarter. Finally, Petra Financial Advisors Inc. grew its stake in shares of Vertiv by 2.2% in the 4th quarter. Petra Financial Advisors Inc. now owns 5,479 shares of the company's stock worth $623,000 after buying an additional 119 shares in the last quarter. 89.92% of the stock is currently owned by institutional investors.

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Wall Street Analysts Forecast Growth

A number of research firms recently commented on VRT. Melius cut shares of Vertiv from a "buy" rating to a "hold" rating and set a $125.00 price target for the company. in a research note on Tuesday, January 28th. Citigroup boosted their price objective on shares of Vertiv from $141.00 to $155.00 and gave the company a "buy" rating in a research report on Monday, December 9th. Barclays lowered their price objective on shares of Vertiv from $131.00 to $111.00 and set an "equal weight" rating for the company in a research report on Monday, March 3rd. Melius Research reissued a "hold" rating and issued a $125.00 price objective on shares of Vertiv in a research report on Tuesday, January 28th. Finally, Evercore ISI lowered their price objective on shares of Vertiv from $150.00 to $145.00 and set an "outperform" rating for the company in a research report on Friday, January 17th. Four investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the company's stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $136.07.

Vertiv Stock Performance

Vertiv stock traded down $0.50 during mid-day trading on Friday, reaching $88.58. 5,238,546 shares of the company traded hands, compared to its average volume of 8,532,631. The company has a debt-to-equity ratio of 1.19, a current ratio of 1.65 and a quick ratio of 1.02. Vertiv Holdings Co has a fifty-two week low of $62.40 and a fifty-two week high of $155.84. The company has a market capitalization of $33.73 billion, a price-to-earnings ratio of 69.20, a price-to-earnings-growth ratio of 1.07 and a beta of 1.71. The firm's fifty day moving average is $107.46 and its two-hundred day moving average is $111.41.

Vertiv (NYSE:VRT - Get Free Report) last released its quarterly earnings data on Wednesday, February 12th. The company reported $0.99 EPS for the quarter, beating the consensus estimate of $0.84 by $0.15. Vertiv had a net margin of 6.19% and a return on equity of 61.41%. During the same period in the prior year, the company posted $0.56 EPS. On average, equities research analysts expect that Vertiv Holdings Co will post 3.59 earnings per share for the current fiscal year.

Vertiv Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 27th. Investors of record on Tuesday, March 18th will be issued a dividend of $0.0375 per share. This represents a $0.15 dividend on an annualized basis and a yield of 0.17%. The ex-dividend date is Tuesday, March 18th. Vertiv's dividend payout ratio (DPR) is presently 11.72%.

Vertiv Profile

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.