LiveRamp Holdings, Inc. (NYSE:RAMP) Shares Sold by Fort Washington Investment Advisors Inc. OH

Fort Washington Investment Advisors Inc. OH trimmed its holdings in LiveRamp Holdings, Inc. (NYSE:RAMP) by 13.8% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 784,830 shares of the company’s stock after selling 125,320 shares during the period. Fort Washington Investment Advisors Inc. OH owned 1.20% of LiveRamp worth $23,835,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in RAMP. DT Investment Partners LLC lifted its position in shares of LiveRamp by 62.6% in the third quarter. DT Investment Partners LLC now owns 1,415 shares of the company’s stock valued at $35,000 after acquiring an additional 545 shares in the last quarter. Carolina Wealth Advisors LLC boosted its stake in shares of LiveRamp by 2.2% during the 4th quarter. Carolina Wealth Advisors LLC now owns 25,608 shares of the company’s stock worth $778,000 after purchasing an additional 560 shares during the last quarter. Quarry LP grew its holdings in shares of LiveRamp by 4,575.0% during the second 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. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in shares of LiveRamp by 0.6% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 163,059 shares of the company’s stock valued at $4,041,000 after buying an additional 1,001 shares during the last quarter. Finally, 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 buying an additional 1,189 shares during the period. 93.83% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research firms have commented on RAMP. StockNews.com raised shares of LiveRamp from a “buy” rating to a “strong-buy” rating in a research note on Sunday, December 22nd. Macquarie reaffirmed an “outperform” rating and issued a $43.00 price objective on shares of LiveRamp in a research report on Thursday, November 7th. Benchmark reduced their target price on LiveRamp from $48.00 to $42.00 and set a “buy” rating on the stock in a research report on Thursday, November 7th. Morgan Stanley restated an “equal weight” rating and issued a $35.00 price target on shares of LiveRamp in a report on Monday, January 13th. Finally, Wells Fargo & Company started coverage on shares of LiveRamp in a report on Monday, October 28th. They set an “equal weight” rating and a $25.00 price objective on the stock. Two research 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. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $39.71.

LiveRamp Stock Performance

NYSE RAMP opened at $33.10 on Thursday. The firm has a market capitalization of $2.16 billion, a price-to-earnings ratio of 662.21 and a beta of 0.96. LiveRamp Holdings, Inc. has a one year low of $21.45 and a one year high of $42.10. The company’s 50 day moving average price is $30.75 and its 200 day moving average price is $27.90.

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

About LiveRamp

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.