Fort Washington Investment Advisors Inc. OH Purchases 313,868 Shares of LiveRamp Holdings, Inc. $RAMP

Fort Washington Investment Advisors Inc. OH grew its holdings in shares of LiveRamp Holdings, Inc. (NYSE:RAMP) by 32.3% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,285,444 shares of the company’s stock after purchasing an additional 313,868 shares during the quarter. Fort Washington Investment Advisors Inc. OH owned approximately 1.96% of LiveRamp worth $34,887,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in RAMP. Russell Investments Group Ltd. grew its position in LiveRamp by 131.7% during the first quarter. Russell Investments Group Ltd. now owns 9,237 shares of the company’s stock valued at $241,000 after buying an additional 5,251 shares during the period. Jump Financial LLC purchased a new position in shares of LiveRamp during the 1st quarter worth $209,000. Ieq Capital LLC boosted its stake in shares of LiveRamp by 156.1% during the 1st quarter. Ieq Capital LLC now owns 27,610 shares of the company’s stock worth $722,000 after acquiring an additional 16,828 shares during the last quarter. Trexquant Investment LP bought a new stake in shares of LiveRamp during the 1st quarter valued at $1,827,000. Finally, State of Wyoming bought a new stake in shares of LiveRamp during the 1st quarter valued at $49,000. Institutional investors own 93.83% of the company’s stock.

Analyst Ratings Changes

RAMP has been the topic of several analyst reports. Wall Street Zen upgraded LiveRamp from a “buy” rating to a “strong-buy” rating in a research report on Saturday, September 13th. Benchmark restated a “buy” rating on shares of LiveRamp in a research report on Tuesday, November 4th. Cross Research set a $53.00 price objective on LiveRamp in a research note on Tuesday, November 4th. Zacks Research upgraded LiveRamp from a “hold” rating to a “strong-buy” rating in a research note on Thursday, November 20th. Finally, Morgan Stanley increased their target price on shares of LiveRamp from $30.00 to $33.00 and gave the stock an “equal weight” rating in a report on Thursday, November 13th. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, LiveRamp has an average rating of “Hold” and an average price target of $43.50.

LiveRamp Stock Down 0.6%

Shares of LiveRamp stock opened at $29.73 on Tuesday. The company has a market capitalization of $1.89 billion, a price-to-earnings ratio of 48.73 and a beta of 1.17. The stock’s 50-day simple moving average is $29.05 and its 200-day simple moving average is $29.35. LiveRamp Holdings, Inc. has a 52 week low of $22.82 and a 52 week high of $36.08.

LiveRamp (NYSE:RAMP) last issued its earnings results on Wednesday, November 5th. The company reported $0.55 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.48 by $0.07. LiveRamp had a return on equity of 4.44% and a net margin of 5.15%.The company had revenue of $199.83 million for the quarter, compared to the consensus estimate of $197.31 million. During the same quarter last year, the company earned $0.51 EPS. The firm’s quarterly revenue was up 8.1% on a year-over-year basis. On average, equities analysts expect that LiveRamp Holdings, Inc. will post 0.48 earnings per share for the current year.

LiveRamp 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.