Vertiv Target of Unusually High Options Trading (NYSE:VRT)

Vertiv Holdings Co (NYSE:VRT) was the target of some unusual options trading activity on Wednesday. Stock traders acquired 53,036 put options on the company. This represents an increase of approximately 21% compared to the average volume of 43,792 put options.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on the stock. Fox Advisors initiated coverage on shares of Vertiv in a report on Monday, January 6th. They issued an “equal weight” rating for the company. Melius lowered Vertiv from a “buy” rating to a “hold” rating and set a $125.00 price objective on the stock. in a report on Tuesday, January 28th. Evercore ISI decreased their target price on Vertiv from $150.00 to $145.00 and set an “outperform” rating for the company in a research report on Friday, January 17th. Barclays dropped their price target on shares of Vertiv from $111.00 to $100.00 and set an “equal weight” rating on the stock in a research report on Wednesday. Finally, Melius Research reiterated a “hold” rating and issued a $125.00 target price on shares of Vertiv in a research note on Tuesday, January 28th. Four equities research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. Based on data from MarketBeat.com, Vertiv presently has an average rating of “Moderate Buy” and an average target price of $135.33.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in VRT. SOA Wealth Advisors LLC. acquired a new stake in shares of Vertiv during the 4th quarter worth about $26,000. Mark Sheptoff Financial Planning LLC increased its holdings 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 buying an additional 200 shares in the last quarter. Brooklyn Investment Group bought a new position in shares of Vertiv in the third quarter valued at approximately $30,000. OLD Second National Bank of Aurora acquired a new position in shares of Vertiv in the 4th quarter worth approximately $30,000. Finally, Tradewinds Capital Management LLC grew its position in Vertiv by 61.3% during 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. 89.92% of the stock is owned by institutional investors.

Vertiv Trading Down 10.8 %

Shares of Vertiv stock opened at $81.73 on Thursday. The company’s fifty day moving average price is $105.10 and its two-hundred day moving average price is $111.48. The firm has a market capitalization of $31.12 billion, a PE ratio of 63.85, a price-to-earnings-growth ratio of 1.07 and a beta of 1.71. Vertiv has a 52-week low of $62.40 and a 52-week high of $155.84. 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 (NYSE:VRT) last posted its quarterly earnings results on Wednesday, February 12th. The company reported $0.99 earnings per share (EPS) for the quarter, topping 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 last year, the firm earned $0.56 earnings per share. On average, analysts expect that Vertiv will post 3.59 EPS for the current year.

Vertiv Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 27th. Shareholders of record on Tuesday, March 18th will be given a $0.0375 dividend. This represents a $0.15 dividend on an annualized basis and a yield of 0.18%. The ex-dividend date is Tuesday, March 18th. Vertiv’s dividend payout ratio (DPR) is 11.72%.

About Vertiv

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.