5,935 Shares in Victory Capital Holdings, Inc. (NASDAQ:VCTR) Purchased by Jefferies Financial Group Inc.

Jefferies Financial Group Inc. bought a new stake in Victory Capital Holdings, Inc. (NASDAQ:VCTR - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 5,935 shares of the company's stock, valued at approximately $389,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Bank of America Corp DE boosted its stake in shares of Victory Capital by 46.8% in the fourth quarter. Bank of America Corp DE now owns 1,438,413 shares of the company's stock worth $94,159,000 after buying an additional 458,534 shares during the last quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors purchased a new stake in Victory Capital in the 4th quarter worth approximately $17,755,000. TimesSquare Capital Management LLC increased its holdings in shares of Victory Capital by 20.5% during the 4th quarter. TimesSquare Capital Management LLC now owns 976,161 shares of the company's stock valued at $63,899,000 after purchasing an additional 166,265 shares in the last quarter. Bahl & Gaynor Inc. increased its holdings in shares of Victory Capital by 10.9% during the 4th quarter. Bahl & Gaynor Inc. now owns 1,557,425 shares of the company's stock valued at $101,949,000 after purchasing an additional 153,459 shares in the last quarter. Finally, Royce & Associates LP lifted its stake in shares of Victory Capital by 99.1% in the 4th quarter. Royce & Associates LP now owns 278,683 shares of the company's stock valued at $18,243,000 after purchasing an additional 138,700 shares during the period. Hedge funds and other institutional investors own 87.71% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on VCTR shares. Royal Bank of Canada raised their target price on Victory Capital from $72.00 to $75.00 and gave the company an "outperform" rating in a research report on Tuesday, May 13th. BMO Capital Markets raised their price objective on Victory Capital from $73.00 to $82.00 and gave the company an "outperform" rating in a report on Monday, February 10th. JPMorgan Chase & Co. cut their price objective on Victory Capital from $69.00 to $62.00 and set a "neutral" rating for the company in a research report on Tuesday, April 29th. Bank of America decreased their target price on Victory Capital from $89.00 to $87.00 and set a "buy" rating on the stock in a research report on Thursday, April 3rd. Finally, UBS Group dropped their price target on shares of Victory Capital from $71.00 to $68.00 and set a "neutral" rating on the stock in a research note on Thursday, May 1st. Five analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $71.56.

Victory Capital Trading Up 0.2%

Shares of NASDAQ:VCTR traded up $0.11 during midday trading on Wednesday, reaching $62.52. 46,597 shares of the company's stock were exchanged, compared to its average volume of 348,047. The stock has a market cap of $4.20 billion, a price-to-earnings ratio of 14.31, a P/E/G ratio of 0.55 and a beta of 1.05. Victory Capital Holdings, Inc. has a fifty-two week low of $43.82 and a fifty-two week high of $73.42. The firm's 50 day simple moving average is $58.80 and its two-hundred day simple moving average is $62.70. The company has a debt-to-equity ratio of 0.84, a current ratio of 1.19 and a quick ratio of 1.19.

Victory Capital (NASDAQ:VCTR - Get Free Report) last issued its quarterly earnings data on Thursday, May 8th. The company reported $1.36 EPS for the quarter, missing the consensus estimate of $1.38 by ($0.02). Victory Capital had a return on equity of 31.08% and a net margin of 32.33%. The company had revenue of $219.60 million during the quarter, compared to analyst estimates of $226.38 million. During the same quarter in the prior year, the company posted $1.25 earnings per share. The business's revenue was up 1.7% compared to the same quarter last year. As a group, sell-side analysts forecast that Victory Capital Holdings, Inc. will post 6.16 EPS for the current fiscal year.

Victory Capital Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, June 25th. Shareholders of record on Tuesday, June 10th will be paid a $0.49 dividend. This is an increase from Victory Capital's previous quarterly dividend of $0.47. The ex-dividend date of this dividend is Tuesday, June 10th. This represents a $1.96 annualized dividend and a dividend yield of 3.13%. Victory Capital's payout ratio is 43.65%.

Victory Capital Company Profile

Victory Capital Holdings, Inc, together with its subsidiaries, operates as an asset management company in the United States and internationally. It offers investment advisory, fund administration, fund compliance, fund transfer agent, fund distribution, and other management services. The company provides specialized investment strategies to institutions, intermediaries, retirement platforms, and individual investors.