Victory Capital Holdings, Inc. (NASDAQ:VCTR) Shares Acquired by Two Sigma Advisers LP

Two Sigma Advisers LP increased its holdings in shares of Victory Capital Holdings, Inc. (NASDAQ:VCTR - Free Report) by 106.5% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 9,500 shares of the company's stock after acquiring an additional 4,900 shares during the period. Two Sigma Advisers LP's holdings in Victory Capital were worth $622,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of VCTR. Barclays PLC grew its position in shares of Victory Capital by 110.6% during the 3rd quarter. Barclays PLC now owns 99,367 shares of the company's stock valued at $5,506,000 after acquiring an additional 52,191 shares during the period. Blue Trust Inc. grew its position in shares of Victory Capital by 18.0% during the 4th quarter. Blue Trust Inc. now owns 3,664 shares of the company's stock valued at $240,000 after acquiring an additional 559 shares during the period. Longboard Asset Management LP acquired a new stake in shares of Victory Capital during the 4th quarter valued at about $230,000. Livforsakringsbolaget Skandia Omsesidigt acquired a new stake in shares of Victory Capital during the 4th quarter valued at about $2,782,000. Finally, Windmill Hill Asset Management Ltd acquired a new stake in shares of Victory Capital during the 4th quarter valued at about $910,000. 87.71% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

VCTR has been the topic of a number of analyst reports. B. Riley raised their target price on Victory Capital from $70.00 to $74.00 and gave the company a "buy" rating in a research report on Thursday, May 15th. Barclays raised their price target on shares of Victory Capital from $59.00 to $62.00 and gave the company an "equal weight" rating in a research note on Monday, May 12th. Wall Street Zen lowered shares of Victory Capital from a "buy" rating to a "hold" rating in a research note on Thursday, May 22nd. Bank of America decreased their price target on shares of Victory Capital from $89.00 to $87.00 and set a "buy" rating on the stock in a research note on Thursday, April 3rd. Finally, Royal Bank of Canada raised their price target on shares of Victory Capital from $72.00 to $75.00 and gave the company an "outperform" rating in a research note on Tuesday, May 13th. Five equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $71.56.

Victory Capital Price Performance

VCTR traded up $0.64 during trading on Thursday, reaching $63.23. The company's stock had a trading volume of 268,932 shares, compared to its average volume of 347,884. The company has a quick ratio of 1.19, a current ratio of 1.19 and a debt-to-equity ratio of 0.84. The firm has a fifty day simple moving average of $58.90 and a two-hundred day simple moving average of $62.70. Victory Capital Holdings, Inc. has a 1 year low of $43.82 and a 1 year high of $73.42. The company has a market cap of $4.25 billion, a price-to-earnings ratio of 14.47, a PEG ratio of 0.55 and a beta of 1.05.

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

Victory Capital Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, June 25th. Stockholders of record on Tuesday, June 10th will be issued a dividend of $0.49 per share. The ex-dividend date is Tuesday, June 10th. This represents a $1.96 dividend on an annualized basis and a dividend yield of 3.10%. This is an increase from Victory Capital's previous quarterly dividend of $0.47. Victory Capital's dividend payout ratio (DPR) is currently 43.65%.

Victory Capital 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.