Janus Henderson Group PLC Grows Stock Holdings in LiveRamp Holdings, Inc. $RAMP

Janus Henderson Group PLC raised its holdings in shares of LiveRamp Holdings, Inc. (NYSE:RAMP) by 31.5% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 644,396 shares of the company’s stock after purchasing an additional 154,461 shares during the quarter. Janus Henderson Group PLC’s holdings in LiveRamp were worth $17,105,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in RAMP. Dimensional Fund Advisors LP increased its holdings in shares of LiveRamp by 15.2% in the 1st quarter. Dimensional Fund Advisors LP now owns 2,772,213 shares of the company’s stock worth $73,519,000 after buying an additional 365,894 shares during the last quarter. Schroder Investment Management Group lifted its holdings in shares of LiveRamp by 3.9% in the 4th quarter. Schroder Investment Management Group now owns 2,609,061 shares of the company’s stock valued at $77,750,000 after acquiring an additional 96,867 shares during the last quarter. Fort Washington Investment Advisors Inc. OH grew its position in LiveRamp by 37.0% in the first quarter. Fort Washington Investment Advisors Inc. OH now owns 1,960,674 shares of the company’s stock worth $51,997,000 after acquiring an additional 529,485 shares in the last quarter. Fuller & Thaler Asset Management Inc. bought a new stake in LiveRamp during the fourth quarter worth approximately $55,256,000. Finally, Arrowstreet Capital Limited Partnership increased its stake in LiveRamp by 16.0% during the first quarter. Arrowstreet Capital Limited Partnership now owns 1,550,435 shares of the company’s stock worth $41,118,000 after acquiring an additional 213,706 shares during the last quarter. 93.83% of the stock is owned by hedge funds and other institutional investors.

LiveRamp Trading Up 0.1%

Shares of NYSE:RAMP opened at $37.90 on Tuesday. The company has a market capitalization of $2.30 billion, a price-to-earnings ratio of 16.62 and a beta of 1.29. LiveRamp Holdings, Inc. has a 12 month low of $21.71 and a 12 month high of $38.23. The firm’s 50-day moving average is $37.68 and its 200 day moving average is $31.11.

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

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on RAMP shares. Weiss Ratings downgraded LiveRamp from a “hold (c+)” rating to a “hold (c)” rating in a research report on Monday, June 8th. Craig Hallum downgraded LiveRamp from a “buy” rating to a “hold” rating and set a $38.50 target price on the stock. in a research report on Tuesday, May 19th. Morgan Stanley set a $38.50 price target on LiveRamp in a report on Friday, May 22nd. Finally, DA Davidson downgraded LiveRamp from a “buy” rating to a “neutral” rating and raised their price target for the stock from $35.00 to $38.50 in a research report on Monday, May 18th. Two research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $40.21.

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.