ORG Partners LLC Has $109,000 Stock Holdings in Vertiv Holdings Co (NYSE:VRT)

ORG Partners LLC grew its stake in shares of Vertiv Holdings Co (NYSE:VRT) by 108.7% during the 4th quarter, Holdings Channel reports. The firm owned 956 shares of the company’s stock after buying an additional 498 shares during the period. ORG Partners LLC’s holdings in Vertiv were worth $109,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Allworth Financial LP increased its holdings in Vertiv by 18.6% during the third quarter. Allworth Financial LP now owns 638 shares of the company’s stock worth $63,000 after buying an additional 100 shares during the last quarter. NBC Securities Inc. raised its holdings in shares of Vertiv by 0.9% in the 3rd quarter. NBC Securities Inc. now owns 13,125 shares of the company’s stock valued at $1,305,000 after purchasing an additional 112 shares during the period. Diversified Trust Co lifted its stake in Vertiv by 0.4% in the 4th quarter. Diversified Trust Co now owns 32,688 shares of the company’s stock valued at $3,714,000 after purchasing an additional 123 shares during the last quarter. Nvwm LLC grew its holdings in Vertiv by 1.3% during the third quarter. Nvwm LLC now owns 10,035 shares of the company’s stock worth $998,000 after purchasing an additional 124 shares during the period. Finally, Callan Family Office LLC increased its position in Vertiv by 0.9% during the third quarter. Callan Family Office LLC now owns 14,989 shares of the company’s stock worth $1,491,000 after buying an additional 137 shares during the last quarter. Institutional investors own 89.92% of the company’s stock.

Insider Buying and Selling at Vertiv

In other Vertiv news, EVP Stephen Liang sold 86,619 shares of the company’s stock in a transaction that occurred on Tuesday, November 26th. The shares were sold at an average price of $131.07, for a total value of $11,353,152.33. Following the completion of the transaction, the executive vice president now directly owns 19,551 shares in the company, valued at approximately $2,562,549.57. This represents a 81.59 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Anand Sanghi sold 30,914 shares of Vertiv stock in a transaction on Friday, November 22nd. The stock was sold at an average price of $141.46, for a total transaction of $4,373,094.44. Following the transaction, the insider now owns 19,448 shares in the company, valued at approximately $2,751,114.08. This trade represents a 61.38 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 171,527 shares of company stock worth $23,105,682 over the last quarter. Corporate insiders own 5.01% of the company’s stock.

Analyst Ratings Changes

VRT has been the subject of several research analyst reports. Jefferies Financial Group started coverage on Vertiv in a research note on Monday, October 7th. They set a “buy” rating and a $125.00 target price for the company. TD Cowen upped their price objective on shares of Vertiv from $115.00 to $141.00 and gave the company a “buy” rating in a report on Tuesday, November 19th. Fox Advisors started coverage on shares of Vertiv in a research note on Monday, January 6th. They set an “equal weight” rating for the company. JPMorgan Chase & Co. upped their price target on shares of Vertiv from $124.00 to $132.00 and gave the company an “overweight” rating in a research note on Tuesday, November 19th. Finally, Morgan Stanley began coverage on shares of Vertiv in a research report on Monday, January 6th. They set an “overweight” rating and a $150.00 price objective for the company. Two equities research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $140.92.

Vertiv Stock Down 0.2 %

Shares of NYSE VRT opened at $128.95 on Friday. Vertiv Holdings Co has a 52 week low of $48.22 and a 52 week high of $145.67. The stock’s fifty day moving average is $124.74 and its 200 day moving average is $102.08. The company has a debt-to-equity ratio of 1.60, a quick ratio of 1.02 and a current ratio of 1.38. The stock has a market capitalization of $48.40 billion, a P/E ratio of 85.97, a PEG ratio of 1.29 and a beta of 1.63.

Vertiv (NYSE:VRT) last released its earnings results on Wednesday, October 23rd. The company reported $0.76 earnings per share for the quarter, topping the consensus estimate of $0.69 by $0.07. Vertiv had a return on equity of 55.33% and a net margin of 7.72%. The firm had revenue of $2.07 billion during the quarter, compared to analysts’ expectations of $1.98 billion. During the same period in the prior year, the company earned $0.52 earnings per share. The company’s quarterly revenue was up 19.0% on a year-over-year basis. Sell-side analysts forecast that Vertiv Holdings Co will post 2.69 earnings per share for the current fiscal year.

Vertiv Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, December 19th. Investors of record on Tuesday, December 3rd were paid a $0.0375 dividend. This is an increase from Vertiv’s previous quarterly dividend of $0.03. The ex-dividend date was Tuesday, December 3rd. This represents a $0.15 annualized dividend and a yield of 0.12%. Vertiv’s dividend payout ratio is presently 6.67%.

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.