LiveRamp Holdings, Inc. $RAMP Shares Purchased by Fort Washington Investment Advisors Inc. OH

Fort Washington Investment Advisors Inc. OH boosted its stake in LiveRamp Holdings, Inc. (NYSE:RAMP) by 11.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,431,189 shares of the company’s stock after acquiring an additional 145,745 shares during the period. Fort Washington Investment Advisors Inc. OH owned about 2.25% of LiveRamp worth $42,034,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of RAMP. Boston Partners grew its holdings in shares of LiveRamp by 56.6% during the third quarter. Boston Partners now owns 1,269,623 shares of the company’s stock worth $34,746,000 after purchasing an additional 459,094 shares during the last quarter. Tributary Capital Management LLC lifted its holdings in shares of LiveRamp by 134.0% in the 3rd quarter. Tributary Capital Management LLC now owns 1,059,040 shares of the company’s stock valued at $28,742,000 after purchasing an additional 606,389 shares during the last quarter. Barclays PLC lifted its holdings in shares of LiveRamp by 6.2% in the 3rd quarter. Barclays PLC now owns 721,579 shares of the company’s stock valued at $19,584,000 after purchasing an additional 42,026 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. boosted its position in shares of LiveRamp by 7.8% in the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 710,361 shares of the company’s stock valued at $19,279,000 after purchasing an additional 51,466 shares during the period. Finally, Assenagon Asset Management S.A. grew its stake in LiveRamp by 170.1% during the 3rd quarter. Assenagon Asset Management S.A. now owns 473,459 shares of the company’s stock worth $12,850,000 after buying an additional 298,197 shares during the last quarter. Institutional investors and hedge funds own 93.83% of the company’s stock.

Analyst Upgrades and Downgrades

RAMP has been the topic of several research analyst reports. Weiss Ratings reiterated a “hold (c)” rating on shares of LiveRamp in a research note on Monday, December 29th. Evercore began coverage on shares of LiveRamp in a research report on Tuesday. They set an “outperform” rating and a $37.00 target price on the stock. Zacks Research cut shares of LiveRamp from a “strong-buy” rating to a “hold” rating in a report on Monday, January 12th. DA Davidson reduced their price target on shares of LiveRamp from $45.00 to $35.00 and set a “buy” rating for the company in a research report on Friday, February 6th. Finally, Wells Fargo & Company increased their price target on shares of LiveRamp from $34.00 to $38.00 and gave the stock an “equal weight” rating in a research note on Friday, February 6th. Three analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat, LiveRamp has a consensus rating of “Hold” and an average price target of $39.00.

LiveRamp Trading Up 1.6%

LiveRamp stock opened at $25.93 on Friday. LiveRamp Holdings, Inc. has a twelve month low of $21.71 and a twelve month high of $35.20. The stock has a 50 day moving average of $25.93 and a two-hundred day moving average of $27.50. The stock has a market capitalization of $1.64 billion, a price-to-earnings ratio of 24.46 and a beta of 1.12.

LiveRamp (NYSE:RAMP) last released its earnings results on Thursday, February 5th. The company reported $0.76 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.69 by $0.07. The business had revenue of $212.20 million for the quarter, compared to analyst estimates of $211.68 million. LiveRamp had a return on equity of 6.40% and a net margin of 8.64%.The company’s revenue for the quarter was up 8.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.55 earnings per share. Equities analysts predict that LiveRamp Holdings, Inc. will post 0.48 earnings per share for the current year.

LiveRamp declared that its Board of Directors has initiated a share repurchase program on Thursday, February 12th that allows the company to buyback $200.00 million in shares. This buyback authorization allows the company to repurchase up to 13.6% of its shares through open market purchases. Shares buyback programs are often an indication that the company’s management believes its stock is undervalued.

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.