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

Fort Washington Investment Advisors Inc. OH boosted its position in LiveRamp Holdings, Inc. (NYSE:RAMP) by 37.0% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,960,674 shares of the company’s stock after purchasing an additional 529,485 shares during the period. Fort Washington Investment Advisors Inc. OH’s holdings in LiveRamp were worth $51,997,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Lido Advisors LLC increased its position in shares of LiveRamp by 4.8% during the 4th quarter. Lido Advisors LLC now owns 9,418 shares of the company’s stock valued at $261,000 after purchasing an additional 429 shares during the last quarter. Central Pacific Bank Trust Division raised its position in LiveRamp by 4.8% in the fourth quarter. Central Pacific Bank Trust Division now owns 10,169 shares of the company’s stock worth $299,000 after acquiring an additional 470 shares during the period. Engineers Gate Manager LP boosted its stake in shares of LiveRamp by 0.5% during the 2nd quarter. Engineers Gate Manager LP now owns 113,424 shares of the company’s stock worth $3,748,000 after acquiring an additional 561 shares during the last quarter. US Bancorp DE boosted its stake in shares of LiveRamp by 8.8% during the 3rd quarter. US Bancorp DE now owns 6,944 shares of the company’s stock worth $188,000 after acquiring an additional 564 shares during the last quarter. Finally, EverSource Wealth Advisors LLC grew its position in shares of LiveRamp by 63.1% during the 4th quarter. EverSource Wealth Advisors LLC now owns 1,507 shares of the company’s stock valued at $44,000 after acquiring an additional 583 shares during the period. 93.83% of the stock is currently owned by institutional investors.

LiveRamp Stock Performance

RAMP opened at $37.68 on Friday. LiveRamp Holdings, Inc. has a fifty-two week low of $21.71 and a fifty-two week high of $37.92. The firm’s fifty day moving average is $34.29 and its 200 day moving average is $29.53. The stock has a market cap of $2.26 billion, a price-to-earnings ratio of 16.53 and a beta of 1.27.

LiveRamp (NYSE:RAMP) last issued its earnings results on Monday, May 18th. The company reported $0.52 earnings per share for the quarter, topping the consensus estimate 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 during the quarter, compared to the consensus estimate of $205.49 million. During the same quarter in the prior year, the firm posted $0.30 EPS. LiveRamp’s quarterly revenue was up 9.2% compared to the same quarter last year. On average, equities research analysts predict that LiveRamp Holdings, Inc. will post 2.07 earnings per share for the current year.

Wall Street Analyst Weigh In

Several research firms have recently commented on RAMP. DA Davidson lowered LiveRamp from a “buy” rating to a “neutral” rating and upped their price objective for the stock from $35.00 to $38.50 in a research note on Monday, May 18th. Craig Hallum lowered LiveRamp from a “buy” rating to a “hold” rating and set a $38.50 price target for the company. in a report on Tuesday, May 19th. Evercore started 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. Morgan Stanley set a $38.50 price objective on LiveRamp in a research note on Friday, May 22nd. Finally, Weiss Ratings downgraded LiveRamp from a “hold (c+)” rating to a “hold (c)” rating in a research note on Monday, June 8th. Two equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat, LiveRamp has a consensus rating of “Hold” and a consensus target price of $40.21.

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.