Clarius Group LLC Has $2.89 Million Holdings in LiveRamp Holdings, Inc. (NYSE:RAMP)

Clarius Group LLC lifted its stake in shares of LiveRamp Holdings, Inc. (NYSE:RAMP) by 1.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 95,086 shares of the company’s stock after purchasing an additional 1,758 shares during the period. Clarius Group LLC’s holdings in LiveRamp were worth $2,888,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of RAMP. Quarry LP lifted its holdings in LiveRamp by 4,575.0% during the 2nd quarter. Quarry LP now owns 935 shares of the company’s stock worth $29,000 after buying an additional 915 shares in the last quarter. DT Investment Partners LLC raised its position in shares of LiveRamp by 62.6% during the third quarter. DT Investment Partners LLC now owns 1,415 shares of the company’s stock worth $35,000 after acquiring an additional 545 shares during the last quarter. GAMMA Investing LLC lifted its stake in shares of LiveRamp by 232.2% during the fourth quarter. GAMMA Investing LLC now owns 1,701 shares of the company’s stock valued at $52,000 after acquiring an additional 1,189 shares during the period. Point72 DIFC Ltd bought a new position in LiveRamp in the third quarter valued at about $92,000. Finally, Skandinaviska Enskilda Banken AB publ acquired a new stake in LiveRamp in the second quarter worth about $169,000. 93.83% of the stock is owned by institutional investors.

LiveRamp Stock Up 2.1 %

Shares of NYSE RAMP opened at $32.15 on Friday. LiveRamp Holdings, Inc. has a twelve month low of $21.45 and a twelve month high of $42.66. The company’s fifty day moving average is $30.51 and its 200-day moving average is $27.88. The stock has a market cap of $2.10 billion, a price-to-earnings ratio of 643.05 and a beta of 0.96.

LiveRamp (NYSE:RAMP) last posted its earnings results on Wednesday, November 6th. The company reported $0.51 earnings per share for the quarter, topping the consensus estimate of $0.37 by $0.14. LiveRamp had a return on equity of 1.25% and a net margin of 0.40%. The firm had revenue of $185.00 million for the quarter, compared to analyst estimates of $176.16 million. During the same period in the previous year, the company posted $0.21 earnings per share. The company’s revenue for the quarter was up 15.6% on a year-over-year basis. On average, research analysts anticipate that LiveRamp Holdings, Inc. will post 0.36 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on RAMP shares. Benchmark cut their target price on shares of LiveRamp from $48.00 to $42.00 and set a “buy” rating on the stock in a research report on Thursday, November 7th. Wells Fargo & Company began coverage on shares of LiveRamp in a research note on Monday, October 28th. They issued an “equal weight” rating and a $25.00 price objective on the stock. StockNews.com raised shares of LiveRamp from a “buy” rating to a “strong-buy” rating in a report on Sunday, December 22nd. Macquarie reissued an “outperform” rating and issued a $43.00 price target on shares of LiveRamp in a research note on Thursday, November 7th. Finally, Morgan Stanley reaffirmed an “equal weight” rating and set a $35.00 price objective on shares of LiveRamp in a research note on Monday, January 13th. Two investment analysts have rated the stock with a hold rating, five have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, LiveRamp has an average rating of “Moderate Buy” and a consensus price target of $39.71.

LiveRamp Company Profile

LiveRamp Holdings, Inc, a technology company, operates a data collaboration platform in the United States, Europe, the Asia-Pacific, and internationally. The company operates LiveRamp Data Collaboration platform enables an organization to unify customer and prospect data to build a single view of the customer in a way that protects consumer privacy.