Fort Washington Investment Advisors Inc. OH Purchases 529,485 Shares of LiveRamp Holdings, Inc. $RAMP

Fort Washington Investment Advisors Inc. OH grew its holdings in shares of LiveRamp Holdings, Inc. (NYSE:RAMP) by 37.0% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,960,674 shares of the company’s stock after buying an additional 529,485 shares during the period. Fort Washington Investment Advisors Inc. OH owned 3.11% of LiveRamp worth $51,997,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Headlands Technologies LLC purchased a new position in shares of LiveRamp during the second quarter valued at approximately $31,000. Strs Ohio purchased a new stake in shares of LiveRamp in the 1st quarter worth approximately $31,000. Hantz Financial Services Inc. grew its stake in shares of LiveRamp by 197.0% in the 4th quarter. Hantz Financial Services Inc. now owns 1,096 shares of the company’s stock worth $32,000 after buying an additional 727 shares during the last quarter. Picton Mahoney Asset Management bought a new position in LiveRamp during the 3rd quarter valued at approximately $38,000. Finally, EverSource Wealth Advisors LLC raised its stake in LiveRamp by 63.1% during the fourth quarter. EverSource Wealth Advisors LLC now owns 1,507 shares of the company’s stock valued at $44,000 after buying an additional 583 shares during the last quarter. Hedge funds and other institutional investors own 93.83% of the company’s stock.

Analyst Upgrades and Downgrades

RAMP has been the topic of several analyst reports. Morgan Stanley set a $38.50 target price on LiveRamp in a report on Friday, May 22nd. Evercore began coverage on LiveRamp in a research report on Tuesday, March 24th. They issued an “outperform” rating and a $37.00 price target for the company. Craig Hallum cut shares of LiveRamp from a “buy” rating to a “hold” rating and set a $38.50 price target on the stock. in a research note on Tuesday, May 19th. DA Davidson downgraded shares of LiveRamp from a “buy” rating to a “neutral” rating and increased their price objective for the company from $35.00 to $38.50 in a research report on Monday, May 18th. Finally, Weiss Ratings lowered shares of LiveRamp from a “hold (c+)” rating to a “hold (c)” rating in a research note on Monday, June 8th. Two research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $40.21.

LiveRamp Stock Up 0.7%

Shares of RAMP stock opened at $37.68 on Friday. The company has a 50 day moving average price of $34.29 and a 200-day moving average price of $29.53. LiveRamp Holdings, Inc. has a 52 week low of $21.71 and a 52 week high of $37.92. The firm has a market capitalization of $2.26 billion, a PE ratio of 16.53 and a beta of 1.27.

LiveRamp (NYSE:RAMP) last issued its quarterly earnings data on Monday, May 18th. The company reported $0.52 earnings per share for the quarter, beating analysts’ consensus estimates of $0.49 by $0.03. LiveRamp had a net margin of 17.95% and a return on equity of 8.28%. The company had revenue of $206.09 million for the quarter, compared to the consensus estimate of $205.49 million. During the same quarter in the prior year, the firm earned $0.30 earnings per share. The firm’s revenue for the quarter was up 9.2% compared to the same quarter last year. Analysts anticipate that LiveRamp Holdings, Inc. will post 2.07 earnings per share for the current year.

About LiveRamp

LiveRamp Holdings, Inc is a leading provider of data connectivity and identity resolution services for marketers, publishers and platforms. The company’s core technology enables organizations to link disparate data sources—such as CRM systems, web engagements and offline transaction records—into a single, privacy-safe view of individual consumers. By standardizing and anonymizing identifiers, LiveRamp’s platform facilitates targeted media activation, measurement and analytics across digital, mobile, addressable TV and offline channels.

The company offers a suite of products designed to support every stage of the data lifecycle.