Nuance Investments LLC Buys Shares of 80,575 LiveRamp Holdings, Inc. $RAMP

Nuance Investments LLC bought a new position in LiveRamp Holdings, Inc. (NYSE:RAMP) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 80,575 shares of the company’s stock, valued at approximately $3,033,000.

Other hedge funds have also recently modified their holdings of the company. BlackRock Inc. bought a new position in shares of LiveRamp during the second quarter valued at $381,301,000. Fuller & Thaler Asset Management Inc. purchased a new stake in shares of LiveRamp during the fourth quarter valued at $55,256,000. Assenagon Asset Management S.A. bought a new stake in LiveRamp in the 2nd quarter worth about $21,862,000. Fort Washington Investment Advisors Inc. OH increased its holdings in LiveRamp by 37.0% in the 1st quarter. Fort Washington Investment Advisors Inc. OH now owns 1,960,674 shares of the company’s stock worth $51,997,000 after buying an additional 529,485 shares in the last quarter. Finally, Boston Partners increased its holdings in LiveRamp by 56.6% in the 3rd quarter. Boston Partners now owns 1,269,623 shares of the company’s stock worth $34,746,000 after buying an additional 459,094 shares in the last quarter. Hedge funds and other institutional investors own 93.83% of the company’s stock.

Analyst Ratings Changes

Several research firms have issued reports on RAMP. Craig Hallum cut shares of LiveRamp from a “buy” rating to a “hold” rating and set a $38.50 target price on the stock. in a research note on Tuesday, May 19th. DA Davidson reiterated a “neutral” rating on shares of LiveRamp in a research note on Tuesday, August 11th. Weiss Ratings upgraded shares of LiveRamp from a “hold (c)” rating to a “hold (c+)” rating in a research note on Tuesday, August 11th. Finally, Morgan Stanley set a $38.50 price objective on shares of LiveRamp in a report on Friday, May 22nd. Two equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and an average target price of $40.21.

LiveRamp Price Performance

RAMP stock opened at $37.71 on Tuesday. The company has a market cap of $2.29 billion, a P/E ratio of 15.45 and a beta of 1.29. LiveRamp Holdings, Inc. has a 1 year low of $21.71 and a 1 year high of $38.23. The stock’s fifty day moving average price is $37.73 and its 200-day moving average price is $31.98.

LiveRamp (NYSE:RAMP) last issued its quarterly earnings data on Wednesday, August 5th. The company reported $0.65 EPS for the quarter, topping the consensus estimate of $0.58 by $0.07. The company had revenue of $213.99 million during the quarter, compared to analyst estimates of $211.45 million. LiveRamp had a return on equity of 9.77% and a net margin of 18.71%.LiveRamp’s revenue was up 9.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.44 earnings per share. As a group, analysts expect that LiveRamp Holdings, Inc. will post 2.04 earnings per share for the current year.

LiveRamp Company Profile

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.