Nwam LLC Has $4.89 Million Stake in Vertiv Holdings Co (NYSE:VRT)

Nwam LLC grew its holdings in Vertiv Holdings Co (NYSE:VRT) by 4.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 43,060 shares of the company’s stock after buying an additional 1,744 shares during the period. Nwam LLC’s holdings in Vertiv were worth $4,892,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in VRT. SOA Wealth Advisors LLC. acquired a new stake in shares of Vertiv in the fourth quarter valued at approximately $26,000. Mark Sheptoff Financial Planning LLC increased its stake in shares of Vertiv by 200.0% during the third quarter. Mark Sheptoff Financial Planning LLC now owns 300 shares of the company’s stock worth $30,000 after purchasing an additional 200 shares during the period. Brooklyn Investment Group bought a new position in shares of Vertiv during the third quarter worth approximately $30,000. OLD Second National Bank of Aurora bought a new position in shares of Vertiv during the fourth quarter worth approximately $30,000. Finally, Tradewinds Capital Management LLC increased its stake in shares of 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 purchasing an additional 111 shares during the period. 89.92% of the stock is owned by institutional investors and hedge funds.

Vertiv Trading Up 7.1 %

Shares of VRT opened at $98.42 on Thursday. Vertiv Holdings Co has a 52-week low of $62.40 and a 52-week high of $155.84. The business’s fifty day moving average is $119.31 and its 200-day moving average is $110.24. 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 firm has a market cap of $36.94 billion, a price-to-earnings ratio of 76.89, a PEG ratio of 1.07 and a beta of 1.64.

Vertiv (NYSE:VRT) last issued its quarterly earnings results on Wednesday, February 12th. The company reported $0.99 earnings per share (EPS) for the quarter, beating the consensus estimate 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 period last year, the business posted $0.56 EPS. Equities analysts anticipate that Vertiv Holdings Co will post 3.59 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on VRT shares. Oppenheimer increased their target price on Vertiv from $121.00 to $131.00 and gave the stock an “outperform” rating in a research note on Tuesday, November 19th. Evercore ISI lowered their target price on Vertiv from $150.00 to $145.00 and set an “outperform” rating on the stock in a research note on Friday, January 17th. Citigroup increased their target price on Vertiv from $141.00 to $155.00 and gave the stock a “buy” rating in a research note on Monday, December 9th. The Goldman Sachs Group increased their target price on Vertiv from $126.00 to $140.00 and gave the stock a “buy” rating in a research note on Tuesday, November 19th. Finally, Morgan Stanley started coverage on Vertiv in a research note on Monday, January 6th. They set an “overweight” rating and a $150.00 price objective on the stock. Four analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. According to data from MarketBeat, Vertiv currently has a consensus rating of “Moderate Buy” and an average target price of $138.57.

Vertiv Company 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.