Vertiv Holdings Co (NYSE:VRT) Shares Acquired by Fort Sheridan Advisors LLC

Fort Sheridan Advisors LLC boosted its position in Vertiv Holdings Co (NYSE:VRT) by 8.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,840 shares of the company’s stock after acquiring an additional 315 shares during the quarter. Fort Sheridan Advisors LLC’s holdings in Vertiv were worth $436,000 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. acquired a new stake in shares of Vertiv in the 4th quarter valued at $26,000. OLD Second National Bank of Aurora purchased a new position in Vertiv in the fourth quarter valued at $30,000. Tradewinds Capital Management LLC raised its stake in Vertiv by 61.3% in the fourth quarter. Tradewinds Capital Management LLC now owns 292 shares of the company’s stock valued at $33,000 after buying an additional 111 shares in the last quarter. Mark Sheptoff Financial Planning LLC lifted its holdings in Vertiv by 200.0% during the 3rd quarter. Mark Sheptoff Financial Planning LLC now owns 300 shares of the company’s stock worth $30,000 after buying an additional 200 shares during the last quarter. Finally, FNY Investment Advisers LLC acquired a new position in shares of Vertiv during the 4th quarter worth about $34,000. Hedge funds and other institutional investors own 89.92% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on VRT shares. Oppenheimer raised their target price on Vertiv from $121.00 to $131.00 and gave the stock an “outperform” rating in a research report on Tuesday, November 19th. Citigroup boosted their price objective on shares of Vertiv from $141.00 to $155.00 and gave the stock a “buy” rating in a research report on Monday, December 9th. Evercore ISI cut their price target on shares of Vertiv from $150.00 to $145.00 and set an “outperform” rating on the stock in a research note on Friday, January 17th. 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 report on Tuesday, January 28th. Finally, The Goldman Sachs Group raised their price objective on Vertiv from $126.00 to $140.00 and gave the stock a “buy” rating in a report on Tuesday, November 19th. Four investment analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. According to data from MarketBeat.com, Vertiv presently has a consensus rating of “Moderate Buy” and a consensus target price of $138.57.

Vertiv Stock Performance

Shares of VRT stock opened at $95.09 on Friday. Vertiv Holdings Co has a 52-week low of $62.40 and a 52-week high of $155.84. The stock’s 50-day moving average price is $118.34 and its 200 day moving average price is $110.27. 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 stock has a market capitalization of $35.69 billion, a PE ratio of 74.29, a price-to-earnings-growth ratio of 1.07 and a beta of 1.64.

Vertiv (NYSE:VRT) last released its quarterly earnings results on Wednesday, February 12th. The company reported $0.99 EPS for the quarter, topping 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 quarter in the previous year, the firm earned $0.56 earnings per share. As a group, equities research analysts forecast 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.