Mn Services Vermogensbeheer B.V. Purchases 5,500 Shares of Vertiv Holdings Co (NYSE:VRT)

Mn Services Vermogensbeheer B.V. boosted its holdings in shares of Vertiv Holdings Co (NYSE:VRT) by 4.0% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 144,500 shares of the company’s stock after acquiring an additional 5,500 shares during the period. Mn Services Vermogensbeheer B.V.’s holdings in Vertiv were worth $16,417,000 as of its most recent filing with the SEC.

A number of other large investors also recently made changes to their positions in the stock. Fifth Third Bancorp grew its holdings in shares of Vertiv by 8.1% in the 4th quarter. Fifth Third Bancorp now owns 1,126 shares of the company’s stock valued at $128,000 after buying an additional 84 shares during the period. Accurate Wealth Management LLC lifted its position in Vertiv by 4.1% in the 4th quarter. Accurate Wealth Management LLC now owns 2,234 shares of the company’s stock valued at $254,000 after acquiring an additional 87 shares in the last quarter. Allworth Financial LP lifted its position in Vertiv by 18.6% in the 3rd quarter. Allworth Financial LP now owns 638 shares of the company’s stock valued at $63,000 after acquiring an additional 100 shares in the last quarter. Tradewinds Capital Management LLC boosted its position in shares of Vertiv by 61.3% during the fourth quarter. Tradewinds Capital Management LLC now owns 292 shares of the company’s stock worth $33,000 after buying an additional 111 shares during the period. Finally, Bouvel Investment Partners LLC boosted its position in Vertiv by 1.1% during the 4th quarter. Bouvel Investment Partners LLC now owns 11,097 shares of the company’s stock worth $1,261,000 after acquiring an additional 117 shares during the last quarter. Institutional investors and hedge funds own 89.92% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have recently commented on VRT shares. Melius downgraded shares of Vertiv from a “buy” rating to a “hold” rating and set a $125.00 price objective for the company. in a research note on Tuesday, January 28th. Melius Research reiterated a “hold” rating and issued a $125.00 price target on shares of Vertiv in a research note on Tuesday, January 28th. Oppenheimer raised their target price 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. UBS Group began coverage on Vertiv in a report on Wednesday, November 13th. They set a “buy” rating and a $155.00 target price on the stock. Finally, Morgan Stanley started coverage on shares of Vertiv in a research report on Monday, January 6th. They issued an “overweight” rating and a $150.00 price objective on the stock. Four research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $138.57.

Vertiv Stock Performance

Shares of Vertiv stock opened at $92.18 on Friday. The stock has a market cap of $34.60 billion, a price-to-earnings ratio of 72.02, a P/E/G ratio of 1.07 and a beta of 1.64. The company’s fifty day moving average is $118.84 and its 200 day moving average is $110.12. The company has a quick ratio of 1.02, a current ratio of 1.65 and a debt-to-equity ratio of 1.19. Vertiv Holdings Co has a twelve month low of $62.40 and a twelve month high of $155.84.

Vertiv (NYSE:VRT) last posted its quarterly earnings data on Wednesday, February 12th. The company reported $0.99 EPS for the quarter, beating 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 company posted $0.56 EPS. Sell-side analysts forecast that Vertiv Holdings Co will post 3.59 EPS for the current year.

Vertiv Company 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.