DoubleVerify Holdings, Inc. (NYSE:DV) Stock Holdings Lessened by Fort Washington Investment Advisors Inc. OH

Fort Washington Investment Advisors Inc. OH reduced its stake in DoubleVerify Holdings, Inc. (NYSE:DV) by 25.8% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 750,192 shares of the company’s stock after selling 260,404 shares during the period. Fort Washington Investment Advisors Inc. OH owned 0.45% of DoubleVerify worth $10,030,000 as of its most recent SEC filing.

Other institutional investors also recently made changes to their positions in the company. Smartleaf Asset Management LLC lifted its holdings in shares of DoubleVerify by 168.0% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,565 shares of the company’s stock worth $30,000 after purchasing an additional 981 shares during the last quarter. Quadrant Capital Group LLC lifted its stake in DoubleVerify by 171.6% in the fourth quarter. Quadrant Capital Group LLC now owns 2,034 shares of the company’s stock valued at $39,000 after buying an additional 1,285 shares during the last quarter. Versant Capital Management Inc acquired a new position in shares of DoubleVerify during the first quarter valued at $40,000. Allianz SE bought a new position in shares of DoubleVerify during the fourth quarter worth about $41,000. Finally, Aster Capital Management DIFC Ltd increased its holdings in shares of DoubleVerify by 50.8% in the 4th quarter. Aster Capital Management DIFC Ltd now owns 3,912 shares of the company’s stock worth $75,000 after acquiring an additional 1,317 shares during the period. 97.29% of the stock is owned by institutional investors.

DoubleVerify Trading Down 0.3%

Shares of DoubleVerify stock opened at $14.90 on Friday. DoubleVerify Holdings, Inc. has a 52 week low of $11.52 and a 52 week high of $23.11. The stock has a market cap of $2.42 billion, a PE ratio of 40.27, a price-to-earnings-growth ratio of 2.63 and a beta of 1.03. The company’s 50-day moving average price is $13.52 and its two-hundred day moving average price is $16.94.

DoubleVerify (NYSE:DV) last released its earnings results on Thursday, May 8th. The company reported $0.01 EPS for the quarter, missing analysts’ consensus estimates of $0.02 by ($0.01). DoubleVerify had a return on equity of 5.99% and a net margin of 10.33%. The business had revenue of $165.06 million during the quarter, compared to the consensus estimate of $153.07 million. During the same quarter in the previous year, the firm earned $0.04 earnings per share. The firm’s revenue for the quarter was up 17.2% compared to the same quarter last year. On average, equities analysts predict that DoubleVerify Holdings, Inc. will post 0.36 EPS for the current fiscal year.

Analyst Ratings Changes

DV has been the subject of a number of analyst reports. Cannonball Research lowered shares of DoubleVerify to a “neutral” rating in a research note on Sunday, March 2nd. Loop Capital downgraded DoubleVerify from a “buy” rating to a “hold” rating and reduced their price objective for the stock from $24.00 to $16.00 in a research report on Tuesday, March 4th. Stifel Nicolaus raised their target price on DoubleVerify from $17.00 to $18.00 and gave the company a “buy” rating in a research report on Thursday. JMP Securities reaffirmed a “market outperform” rating and set a $20.00 target price on shares of DoubleVerify in a research note on Thursday. Finally, Royal Bank of Canada reduced their price target on DoubleVerify from $24.00 to $21.00 and set an “outperform” rating for the company in a research report on Friday, May 2nd. One analyst has rated the stock with a sell rating, eight have assigned a hold rating and twelve have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $18.86.

DoubleVerify Profile

DoubleVerify Holdings, Inc provides a software platform for digital media measurement, and data analytics in the United States and internationally. The company provides solutions to advertisers that enable advertisers to increase the effectiveness and quality and return on their digital advertising investments.