National Pension Service Has $61.70 Million Stock Position in Vertiv Holdings Co (NYSE:VRT)

National Pension Service lowered its stake in shares of Vertiv Holdings Co (NYSE:VRT) by 7.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 543,081 shares of the company’s stock after selling 40,700 shares during the period. National Pension Service owned approximately 0.14% of Vertiv worth $61,699,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently made changes to their positions in VRT. SOA Wealth Advisors LLC. acquired a new position in shares of Vertiv during the fourth quarter valued at about $26,000. Mark Sheptoff Financial Planning LLC raised its holdings 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 last quarter. Brooklyn Investment Group acquired a new stake in shares of Vertiv in the 3rd quarter worth about $30,000. OLD Second National Bank of Aurora acquired a new stake in shares of Vertiv in the 4th quarter worth about $30,000. Finally, Tradewinds Capital Management LLC raised its holdings in shares of Vertiv by 61.3% in the 4th quarter. Tradewinds Capital Management LLC now owns 292 shares of the company’s stock worth $33,000 after acquiring an additional 111 shares during the last quarter. Institutional investors and hedge funds own 89.92% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on VRT shares. UBS Group started coverage on shares of Vertiv in a report on Wednesday, November 13th. They issued a “buy” rating and a $155.00 target price on the stock. Fox Advisors started coverage on shares of Vertiv in a report on Monday, January 6th. They issued an “equal weight” rating on the stock. JPMorgan Chase & Co. upped their target price on shares of Vertiv from $124.00 to $132.00 and gave the stock an “overweight” rating in a report on Tuesday, November 19th. Oppenheimer increased their price objective on shares of Vertiv from $121.00 to $131.00 and gave the company an “outperform” rating in a research note on Tuesday, November 19th. Finally, TD Cowen raised their price objective on shares of Vertiv from $115.00 to $141.00 and gave the stock a “buy” rating in a report on Tuesday, November 19th. Four analysts have rated the stock with a hold rating and eleven have given a buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $138.57.

Vertiv Price Performance

Shares of Vertiv stock opened at $92.18 on Friday. The firm has a market cap of $34.60 billion, a PE ratio of 72.02, a price-to-earnings-growth ratio of 1.07 and a beta of 1.64. Vertiv Holdings Co has a 12-month low of $62.40 and a 12-month high of $155.84. The company has a quick ratio of 1.02, a current ratio of 1.65 and a debt-to-equity ratio of 1.19. The company’s fifty day simple moving average is $118.84 and its two-hundred day simple moving average is $110.12.

Vertiv (NYSE:VRT) last announced its quarterly earnings results on Wednesday, February 12th. The company reported $0.99 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 last year, the firm posted $0.56 EPS. As a group, equities analysts expect that Vertiv Holdings Co will post 3.59 EPS for the current year.

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.