Fort Washington Investment Advisors Inc. OH Increases Stock Position in LiveRamp Holdings, Inc. $RAMP

Fort Washington Investment Advisors Inc. OH raised its stake in shares of LiveRamp Holdings, Inc. (NYSE:RAMP) by 32.3% in the 3rd quarter, Holdings Channel reports. The firm owned 1,285,444 shares of the company’s stock after acquiring an additional 313,868 shares during the period. Fort Washington Investment Advisors Inc. OH’s holdings in LiveRamp were worth $34,887,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the company. Headlands Technologies LLC purchased a new stake in shares of LiveRamp in the second quarter worth about $31,000. Strs Ohio purchased a new position in LiveRamp during the 1st quarter valued at approximately $31,000. State of Wyoming bought a new stake in LiveRamp in the 1st quarter worth approximately $49,000. Prudent Man Advisors LLC purchased a new stake in shares of LiveRamp during the 2nd quarter worth approximately $208,000. Finally, Cerity Partners LLC purchased a new stake in shares of LiveRamp during the 2nd quarter worth approximately $229,000. Hedge funds and other institutional investors own 93.83% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on RAMP shares. Cross Research set a $53.00 target price on shares of LiveRamp in a report on Tuesday, November 4th. Benchmark reiterated a “buy” rating on shares of LiveRamp in a research report on Tuesday, November 4th. Weiss Ratings reissued a “hold (c)” rating on shares of LiveRamp in a research note on Monday, December 22nd. Wall Street Zen upgraded shares of LiveRamp from a “buy” rating to a “strong-buy” rating in a report on Saturday, September 13th. Finally, Zacks Research raised shares of LiveRamp from a “hold” rating to a “strong-buy” rating in a report on Thursday, November 20th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, three have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $43.50.

LiveRamp Stock Down 0.6%

NYSE RAMP opened at $29.73 on Tuesday. LiveRamp Holdings, Inc. has a 52 week low of $22.82 and a 52 week high of $36.08. The firm has a market capitalization of $1.89 billion, a price-to-earnings ratio of 48.73 and a beta of 1.17. The company has a fifty day moving average of $29.05 and a two-hundred day moving average of $29.35.

LiveRamp (NYSE:RAMP) last announced its earnings results on Wednesday, November 5th. The company reported $0.55 earnings per share for the quarter, beating the consensus estimate of $0.48 by $0.07. LiveRamp had a net margin of 5.15% and a return on equity of 4.44%. The business had revenue of $199.83 million for the quarter, compared to the consensus estimate of $197.31 million. During the same quarter in the prior year, the firm posted $0.51 earnings per share. The business’s revenue for the quarter was up 8.1% on a year-over-year basis. Equities research analysts anticipate that LiveRamp Holdings, Inc. will post 0.48 EPS for the current year.

About LiveRamp

LiveRamp Holdings, Inc is a leading provider of data connectivity and identity resolution services for marketers, publishers and platforms. The company’s core technology enables organizations to link disparate data sources—such as CRM systems, web engagements and offline transaction records—into a single, privacy-safe view of individual consumers. By standardizing and anonymizing identifiers, LiveRamp’s platform facilitates targeted media activation, measurement and analytics across digital, mobile, addressable TV and offline channels.

The company offers a suite of products designed to support every stage of the data lifecycle.