UBS Group AG Has $3.86 Million Holdings in LiveRamp Holdings, Inc. $RAMP

UBS Group AG lifted its position in shares of LiveRamp Holdings, Inc. (NYSE:RAMP) by 26.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 131,384 shares of the company’s stock after buying an additional 27,148 shares during the quarter. UBS Group AG’s holdings in LiveRamp were worth $3,859,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of RAMP. Boston Partners increased its position in shares of LiveRamp by 56.6% during the third quarter. Boston Partners now owns 1,269,623 shares of the company’s stock worth $34,746,000 after buying an additional 459,094 shares during the period. 4D Advisors LLC acquired a new stake in shares of LiveRamp during the third quarter worth $5,428,000. Invenomic Capital Management LP increased its position in shares of LiveRamp by 61.4% during the third quarter. Invenomic Capital Management LP now owns 469,766 shares of the company’s stock worth $12,749,000 after buying an additional 178,799 shares during the period. Fort Washington Investment Advisors Inc. OH increased its position in shares of LiveRamp by 11.3% during the fourth quarter. Fort Washington Investment Advisors Inc. OH now owns 1,431,189 shares of the company’s stock worth $42,034,000 after buying an additional 145,745 shares during the period. Finally, Cubist Systematic Strategies LLC acquired a new stake in shares of LiveRamp during the second quarter worth $4,435,000. 93.83% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research firms have recently weighed in on RAMP. Benchmark decreased their price objective on shares of LiveRamp from $53.00 to $38.00 and set a “buy” rating for the company in a research report on Tuesday, February 3rd. Craig Hallum cut shares of LiveRamp from a “buy” rating to a “hold” rating and set a $38.50 price objective for the company. in a research report on Tuesday. Morgan Stanley set a $38.50 price objective on shares of LiveRamp in a research report on Friday. Wells Fargo & Company increased their price objective on shares of LiveRamp from $34.00 to $38.00 and gave the stock an “equal weight” rating in a research report on Friday, February 6th. Finally, Weiss Ratings upgraded shares of LiveRamp from a “hold (c)” rating to a “hold (c+)” rating in a research report on Friday. Two investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat.com, LiveRamp has an average rating of “Hold” and a consensus price target of $40.21.

LiveRamp Stock Down 0.3%

Shares of NYSE RAMP opened at $37.70 on Friday. The firm has a market cap of $2.38 billion, a PE ratio of 16.54 and a beta of 1.19. LiveRamp Holdings, Inc. has a 12-month low of $21.71 and a 12-month high of $37.91. The company’s fifty day simple moving average is $28.94 and its 200 day simple moving average is $28.03.

LiveRamp (NYSE:RAMP) last issued its earnings results on Sunday, May 17th. The company reported $0.52 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.49 by $0.03. The business had revenue of $206.09 million for the quarter, compared to analyst estimates of $205.49 million. LiveRamp had a net margin of 17.95% and a return on equity of 8.33%. LiveRamp’s revenue was up 9.2% on a year-over-year basis. During the same period in the prior year, the firm earned $0.30 earnings per share. On average, equities analysts predict that LiveRamp Holdings, Inc. will post 2.07 earnings per share for the current year.

LiveRamp declared that its board has authorized a share repurchase plan on Thursday, February 12th that allows the company to repurchase $200.00 million in outstanding shares. This repurchase authorization allows the company to repurchase up to 13.6% of its shares through open market purchases. Shares repurchase plans are typically a sign that the company’s management believes its shares are undervalued.

LiveRamp Profile

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.