Aptus Capital Advisors LLC Has $7.39 Million Stock Position in Victory Capital Holdings, Inc. $VCTR

Key Points

• Aptus Capital Advisors LLC increased its stake in Victory Capital (NASDAQ:VCTR) by 15.2% to 114,177 shares — about $7.39 million according to its most recent 13F filing.
• Victory Capital beat quarterly expectations with EPS of $1.78 (vs. $1.66 est.) and revenue of $374.12M (up 61% year‑over‑year), and announced a $0.49 quarterly dividend (annualized yield ~2.8%).
• Analyst coverage is mixed but generally favorable: the consensus rating is a Moderate Buy with an average price target of $75.38, and institutional investors hold about 87.71% of the stock.

Aptus Capital Advisors LLC increased its holdings in shares of Victory Capital Holdings, Inc. (NASDAQ:VCTR - Free Report) by 15.2% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 114,177 shares of the company's stock after acquiring an additional 15,041 shares during the quarter. Aptus Capital Advisors LLC owned about 0.17% of Victory Capital worth $7,394,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in Victory Capital by 4.5% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 24,469 shares of the company's stock worth $1,416,000 after acquiring an additional 1,060 shares during the period. Goldman Sachs Group Inc. lifted its position in shares of Victory Capital by 1.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 366,318 shares of the company's stock valued at $21,199,000 after acquiring an additional 5,685 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in shares of Victory Capital by 10.5% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 98,285 shares of the company's stock worth $5,688,000 after purchasing an additional 9,319 shares in the last quarter. Jane Street Group LLC acquired a new stake in shares of Victory Capital during the 1st quarter worth $3,747,000. Finally, Intech Investment Management LLC increased its position in shares of Victory Capital by 18.8% in the first quarter. Intech Investment Management LLC now owns 20,442 shares of the company's stock worth $1,183,000 after purchasing an additional 3,237 shares during the period. Institutional investors and hedge funds own 87.71% of the company's stock.

Wall Street Analyst Weigh In

A number of research analysts recently commented on the company. Royal Bank Of Canada boosted their price target on Victory Capital from $78.00 to $84.00 and gave the company an "outperform" rating in a research note on Tuesday, February 10th. Morgan Stanley reduced their price objective on shares of Victory Capital from $70.00 to $69.00 and set an "equal weight" rating on the stock in a research note on Tuesday, February 3rd. Wall Street Zen raised shares of Victory Capital from a "hold" rating to a "buy" rating in a report on Saturday, February 14th. JPMorgan Chase & Co. boosted their target price on shares of Victory Capital from $70.00 to $71.00 and gave the company a "neutral" rating in a research report on Tuesday, January 20th. Finally, Weiss Ratings reaffirmed a "buy (b)" rating on shares of Victory Capital in a report on Wednesday, January 21st. Five equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $75.38.

Victory Capital Trading Down 1.6%

NASDAQ VCTR opened at $69.93 on Friday. The company has a market cap of $4.54 billion, a price-to-earnings ratio of 17.18, a price-to-earnings-growth ratio of 0.73 and a beta of 1.04. Victory Capital Holdings, Inc. has a twelve month low of $47.00 and a twelve month high of $77.78. The company has a quick ratio of 1.47, a current ratio of 1.47 and a debt-to-equity ratio of 0.40. The business's fifty day moving average is $70.05 and its 200 day moving average is $67.07.

Victory Capital (NASDAQ:VCTR - Get Free Report) last issued its earnings results on Wednesday, February 4th. The company reported $1.78 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.66 by $0.12. The business had revenue of $374.12 million during the quarter, compared to analysts' expectations of $371.09 million. Victory Capital had a return on equity of 21.86% and a net margin of 25.27%.The business's revenue for the quarter was up 61.0% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.45 EPS. As a group, sell-side analysts expect that Victory Capital Holdings, Inc. will post 6.16 EPS for the current fiscal year.

Victory Capital Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 25th. Investors of record on Tuesday, March 10th will be issued a $0.49 dividend. This represents a $1.96 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date is Tuesday, March 10th. Victory Capital's dividend payout ratio is presently 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.