Dimensional Fund Advisors LP Grows Holdings in LiveRamp Holdings, Inc. $RAMP

Dimensional Fund Advisors LP boosted its position in shares of LiveRamp Holdings, Inc. (NYSE:RAMP) by 15.2% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 2,772,213 shares of the company’s stock after acquiring an additional 365,894 shares during the period. Dimensional Fund Advisors LP’s holdings in LiveRamp were worth $73,519,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in RAMP. Sound Income Strategies LLC boosted its position in shares of LiveRamp by 769.1% in the first quarter. Sound Income Strategies LLC now owns 1,069 shares of the company’s stock worth $28,000 after purchasing an additional 946 shares during the period. Headlands Technologies LLC purchased a new stake in shares of LiveRamp in the second quarter worth $31,000. Strs Ohio bought a new stake in shares of LiveRamp during the 1st quarter valued at $31,000. Hantz Financial Services Inc. raised its position in shares of LiveRamp by 197.0% during the 4th quarter. Hantz Financial Services Inc. now owns 1,096 shares of the company’s stock valued at $32,000 after purchasing an additional 727 shares during the period. Finally, EverSource Wealth Advisors LLC lifted its stake 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 buying an additional 583 shares in the last quarter. Hedge funds and other institutional investors own 93.83% of the company’s stock.

Wall Street Analysts Forecast Growth

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

LiveRamp Trading Up 0.2%

Shares of LiveRamp stock opened at $37.87 on Friday. The stock has a 50 day moving average of $37.67 and a 200 day moving average of $31.01. LiveRamp Holdings, Inc. has a 12 month low of $21.71 and a 12 month high of $38.23. The firm has a market cap of $2.30 billion, a PE ratio of 16.61 and a beta of 1.27.

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