Annex Advisory Services LLC Has $36.26 Million Stock Holdings in Victory Capital Holdings, Inc. $VCTR

Key Points

• Annex Advisory boosted its stake in Victory Capital to 574,699 shares (a 5.6% increase) worth about $36.26 million, and institutions now own roughly 87.7% of the stock.
• Victory Capital reported a quarterly earnings beat (EPS $1.78 vs. $1.66 est.) with revenue up 61% year‑over‑year, strong profitability (ROE 21.9%, net margin 25.3%) and a quarterly dividend of $0.49 (2.7% yield).
• Analyst coverage is mixed (five Buys, five Holds) with a consensus rating of "Moderate Buy" and a mean target price of $75.38; the stock trades near $72 with a P/E of about 17.7.

Annex Advisory Services LLC boosted its stake in shares of Victory Capital Holdings, Inc. (NASDAQ:VCTR - Free Report) by 5.6% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 574,699 shares of the company's stock after purchasing an additional 30,621 shares during the period. Annex Advisory Services LLC owned 0.89% of Victory Capital worth $36,258,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of VCTR. Farther Finance Advisors LLC lifted its position in shares of Victory Capital by 15.5% in the fourth quarter. Farther Finance Advisors LLC now owns 2,174 shares of the company's stock valued at $137,000 after buying an additional 292 shares during the last quarter. Kendall Capital Management lifted its position in shares of Victory Capital by 0.4% in the fourth quarter. Kendall Capital Management now owns 89,289 shares of the company's stock valued at $5,633,000 after buying an additional 345 shares during the last quarter. Allspring Global Investments Holdings LLC lifted its position in shares of Victory Capital by 9.6% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 13,394 shares of the company's stock valued at $859,000 after buying an additional 1,171 shares during the last quarter. Wedge Capital Management L L P NC lifted its position in shares of Victory Capital by 9.1% in the fourth quarter. Wedge Capital Management L L P NC now owns 21,277 shares of the company's stock valued at $1,342,000 after buying an additional 1,771 shares during the last quarter. Finally, Sendero Wealth Management LLC acquired a new stake in shares of Victory Capital in the fourth quarter valued at approximately $1,465,000. 87.71% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on VCTR. Morgan Stanley cut their price objective on Victory Capital from $70.00 to $69.00 and set an "equal weight" rating for the company in a research report on Tuesday, February 3rd. Wall Street Zen cut Victory Capital from a "buy" rating to a "hold" rating in a research report on Monday, April 6th. Barclays set a $69.00 price objective on Victory Capital in a research report on Friday, February 6th. Weiss Ratings reaffirmed a "buy (b)" rating on shares of Victory Capital in a research report on Wednesday, January 21st. Finally, JPMorgan Chase & Co. raised their price objective on Victory Capital from $70.00 to $71.00 and gave the company a "neutral" rating in a research report on Tuesday, January 20th. Five research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $75.38.

Victory Capital Price Performance

Shares of NASDAQ VCTR opened at $71.97 on Wednesday. The firm has a market cap of $4.61 billion, a P/E ratio of 17.68, a price-to-earnings-growth ratio of 1.01 and a beta of 1.04. The company has a current ratio of 1.47, a quick ratio of 1.47 and a debt-to-equity ratio of 0.40. Victory Capital Holdings, Inc. has a 1-year low of $53.65 and a 1-year high of $77.78. The business's 50 day moving average is $69.78 and its 200-day moving average is $66.56.

Victory Capital (NASDAQ:VCTR - Get Free Report) last announced its earnings results on Wednesday, February 4th. The company reported $1.78 earnings per share for the quarter, topping analysts' consensus estimates of $1.66 by $0.12. The company had revenue of $374.12 million for the quarter, compared to analyst estimates of $371.09 million. Victory Capital had a return on equity of 21.86% and a net margin of 25.27%.The firm's quarterly revenue was up 61.0% compared to the same quarter last year. During the same quarter last year, the company earned $1.45 earnings per share. Equities research analysts predict that Victory Capital Holdings, Inc. will post 6.16 earnings per share for the current year.

Victory Capital Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, March 25th. Stockholders of record on Tuesday, March 10th were paid a dividend of $0.49 per share. The ex-dividend date was Tuesday, March 10th. This represents a $1.96 dividend on an annualized basis and a dividend yield of 2.7%. Victory Capital's dividend payout ratio (DPR) is 48.16%.

About Victory Capital

Victory Capital NASDAQ: VCTR is a global investment management firm that provides a broad range of strategies across equities, fixed income, multi-asset and alternative investments. Serving institutional, intermediary and retail clients, the company delivers tailored solutions through active, research-driven portfolio management. Its product lineup includes traditional mutual funds, separately managed accounts, sub-advisory services and specialized strategies such as ESG-focused and municipal bond portfolios.

Founded in 1988, Victory Capital has expanded its capabilities via both organic growth and strategic acquisitions, integrating experienced investment teams to enhance its offerings in areas like smart beta, global equity and fixed income.

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