Arlington Capital Management Inc. Sells 2,075 Shares of Vertiv Holdings Co (NYSE:VRT)

Arlington Capital Management Inc. decreased its position in Vertiv Holdings Co (NYSE:VRT) by 19.0% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 8,849 shares of the company’s stock after selling 2,075 shares during the quarter. Vertiv makes up 0.7% of Arlington Capital Management Inc.’s portfolio, making the stock its 28th biggest holding. Arlington Capital Management Inc.’s holdings in Vertiv were worth $1,005,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. SOA Wealth Advisors LLC. bought a new position in Vertiv in the fourth quarter worth approximately $26,000. Mark Sheptoff Financial Planning LLC increased its position in Vertiv by 200.0% in 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 during the 3rd quarter valued at approximately $30,000. OLD Second National Bank of Aurora purchased a new stake in Vertiv in the 4th quarter worth approximately $30,000. Finally, Tradewinds Capital Management LLC raised its stake 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 period. 89.92% of the stock is owned by hedge funds and other institutional investors.

Vertiv Price Performance

NYSE:VRT opened at $91.55 on Wednesday. The firm has a market capitalization of $34.86 billion, a price-to-earnings ratio of 71.52, a PEG ratio of 1.07 and a beta of 1.71. The company has a debt-to-equity ratio of 1.19, a current ratio of 1.65 and a quick ratio of 1.02. The business has a 50 day simple moving average of $106.11 and a 200-day simple moving average of $111.68. Vertiv Holdings Co has a 1 year low of $62.40 and a 1 year 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, 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 quarter last year, the business earned $0.56 earnings per share. Equities analysts forecast that Vertiv Holdings Co will post 3.59 EPS for the current year.

Vertiv Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 27th. Shareholders of record on Tuesday, March 18th will be given a dividend of $0.0375 per share. The ex-dividend date is Tuesday, March 18th. This represents a $0.15 annualized dividend and a dividend yield of 0.16%. Vertiv’s dividend payout ratio (DPR) is presently 11.72%.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on VRT shares. Melius Research reissued a “hold” rating and issued a $125.00 price objective on shares of Vertiv in a research note on Tuesday, January 28th. Morgan Stanley started coverage on Vertiv in a research note on Monday, January 6th. They issued an “overweight” rating and a $150.00 price target for the company. Fox Advisors initiated coverage on Vertiv in a research report on Monday, January 6th. They issued an “equal weight” rating on the stock. Royal Bank of Canada initiated coverage on Vertiv in a research report on Friday, March 7th. They set an “outperform” rating and a $121.00 target price for the company. Finally, Barclays lowered their price target on Vertiv from $131.00 to $111.00 and set an “equal weight” rating on the stock in a report on Monday, March 3rd. Four investment analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $136.07.

Vertiv 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.