Fort Washington Investment Advisors Inc. OH Grows Position in DoubleVerify Holdings, Inc. $DV

Fort Washington Investment Advisors Inc. OH boosted its holdings in shares of DoubleVerify Holdings, Inc. (NYSE:DV) by 17.1% during the 1st quarter, Holdings Channel reports. The fund owned 2,204,762 shares of the company’s stock after buying an additional 321,930 shares during the period. Fort Washington Investment Advisors Inc. OH’s holdings in DoubleVerify were worth $20,945,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Clearstead Advisors LLC increased its holdings in DoubleVerify by 210.0% during the third quarter. Clearstead Advisors LLC now owns 2,055 shares of the company’s stock valued at $25,000 after buying an additional 1,392 shares during the period. Quadrant Capital Group LLC lifted its holdings in DoubleVerify by 154.5% during the fourth quarter. Quadrant Capital Group LLC now owns 2,458 shares of the company’s stock worth $28,000 after buying an additional 1,492 shares during the period. UMB Bank n.a. boosted its position in DoubleVerify by 124.3% during the 4th quarter. UMB Bank n.a. now owns 2,757 shares of the company’s stock valued at $32,000 after acquiring an additional 1,528 shares in the last quarter. Tower Research Capital LLC TRC boosted its position in DoubleVerify by 253.6% during the 2nd quarter. Tower Research Capital LLC TRC now owns 3,709 shares of the company’s stock valued at $56,000 after acquiring an additional 2,660 shares in the last quarter. Finally, EverSource Wealth Advisors LLC increased its holdings in shares of DoubleVerify by 624.2% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 4,635 shares of the company’s stock valued at $69,000 after acquiring an additional 3,995 shares during the period. Hedge funds and other institutional investors own 97.29% of the company’s stock.

DoubleVerify Trading Down 0.1%

NYSE DV opened at $10.81 on Monday. The firm’s fifty day simple moving average is $10.27 and its two-hundred day simple moving average is $10.35. The firm has a market capitalization of $1.66 billion, a P/E ratio of 32.75, a P/E/G ratio of 1.22 and a beta of 1.00. DoubleVerify Holdings, Inc. has a 12-month low of $7.64 and a 12-month high of $16.82.

Analyst Upgrades and Downgrades

Several research firms have recently commented on DV. Wells Fargo & Company reduced their price target on DoubleVerify from $9.00 to $8.00 and set an “underweight” rating for the company in a research report on Tuesday, May 12th. Raymond James Financial reaffirmed an “outperform” rating and set a $14.00 price objective on shares of DoubleVerify in a research report on Thursday, May 7th. The Goldman Sachs Group lifted their target price on DoubleVerify from $10.50 to $12.00 and gave the company a “neutral” rating in a research note on Thursday, May 7th. Weiss Ratings reiterated a “sell (d+)” rating on shares of DoubleVerify in a report on Monday, April 20th. Finally, Wall Street Zen lowered shares of DoubleVerify from a “buy” rating to a “hold” rating in a research report on Sunday, April 19th. Eleven analysts have rated the stock with a Buy rating, four have assigned a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $15.70.

DoubleVerify Company Profile

DoubleVerify, Inc is a leading digital media measurement and analytics company that helps advertisers, publishers and platforms ensure their digital advertising campaigns are viewable, fraud-free and brand-safe. The company’s platform integrates data science, machine learning and proprietary analytics to authenticate the quality of media across display, video, mobile, CTV and social channels. By delivering real-time insights into ad viewability, fraud detection and contextual relevance, DoubleVerify empowers marketers to optimize campaign performance and drive better return on ad spend.

At the core of DoubleVerify’s offering are solutions for viewability measurement, invalid traffic (IVT) detection, brand safety and suitability, contextual targeting and campaign performance analytics.