MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. Has $1.14 Million Stock Holdings in LiveRamp Holdings, Inc. (NYSE:RAMP)

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in shares of LiveRamp Holdings, Inc. (NYSE:RAMP) by 4.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 37,557 shares of the company’s stock after buying an additional 1,766 shares during the quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. owned 0.06% of LiveRamp worth $1,141,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in RAMP. Boston Partners lifted its position in shares of LiveRamp by 109.4% during the fourth quarter. Boston Partners now owns 690,057 shares of the company’s stock valued at $21,331,000 after purchasing an additional 360,440 shares in the last quarter. Arrowstreet Capital Limited Partnership lifted its position in shares of LiveRamp by 30.6% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 984,040 shares of the company’s stock worth $29,885,000 after buying an additional 230,478 shares in the last quarter. Allspring Global Investments Holdings LLC boosted its stake in shares of LiveRamp by 451.1% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 248,573 shares of the company’s stock worth $7,522,000 after buying an additional 203,471 shares during the last quarter. Janus Henderson Group PLC grew its holdings in shares of LiveRamp by 10.3% in the fourth quarter. Janus Henderson Group PLC now owns 1,798,198 shares of the company’s stock valued at $54,600,000 after acquiring an additional 168,418 shares in the last quarter. Finally, Norges Bank purchased a new stake in shares of LiveRamp during the fourth quarter valued at approximately $5,057,000. 93.83% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on RAMP shares. Wells Fargo & Company boosted their price objective on LiveRamp from $26.00 to $31.00 and gave the stock an “equal weight” rating in a research report on Thursday. Morgan Stanley increased their price target on shares of LiveRamp from $28.00 to $34.00 and gave the company an “equal weight” rating in a research report on Friday. Wall Street Zen upgraded shares of LiveRamp from a “buy” rating to a “strong-buy” rating in a report on Tuesday, April 22nd. Evercore ISI reiterated an “underperform” rating on shares of LiveRamp in a research note on Wednesday, April 16th. Finally, Benchmark restated a “buy” rating and set a $48.00 price target (up previously from $45.00) on shares of LiveRamp in a research note on Thursday. One analyst has rated the stock with a sell rating, two have issued a hold rating, three have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $40.67.

LiveRamp Stock Performance

NYSE:RAMP opened at $30.87 on Monday. The business’s fifty day moving average is $26.84 and its 200 day moving average is $29.50. The firm has a market cap of $2.03 billion, a price-to-earnings ratio of 3,086.80 and a beta of 1.02. LiveRamp Holdings, Inc. has a 52-week low of $21.45 and a 52-week high of $36.08.

LiveRamp (NYSE:RAMP) last announced its quarterly earnings results on Wednesday, May 21st. The company reported $0.30 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.31 by ($0.01). The firm had revenue of $188.72 million during the quarter, compared to analysts’ expectations of $185.41 million. LiveRamp had a return on equity of 0.97% and a net margin of 0.01%. The company’s quarterly revenue was up 9.8% compared to the same quarter last year. During the same period in the previous year, the company posted $0.25 earnings per share. Equities analysts predict that LiveRamp Holdings, Inc. will post 0.48 EPS for the current fiscal year.

LiveRamp Profile

LiveRamp Holdings, Inc, a technology company, operates a data collaboration platform in the United States, Europe, the Asia-Pacific, and internationally. The company operates LiveRamp Data Collaboration platform enables an organization to unify customer and prospect data to build a single view of the customer in a way that protects consumer privacy.