Victory Capital Holdings, Inc. (NASDAQ:VCTR - Get Free Report) shares saw an uptick in trading volume on Thursday after Barclays raised their price target on the stock from $62.00 to $68.00. Barclays currently has an equal weight rating on the stock. 1,230,675 shares changed hands during trading, an increase of 254% from the previous session's volume of 347,441 shares.The stock last traded at $71.25 and had previously closed at $69.67.
Other equities analysts also recently issued research reports about the company. UBS Group reduced their price target on Victory Capital from $71.00 to $68.00 and set a "neutral" rating for the company in a research report on Thursday, May 1st. Bank of America dropped their price target on Victory Capital from $89.00 to $87.00 and set a "buy" rating on the stock in a research note on Thursday, April 3rd. Royal Bank Of Canada increased their target price on shares of Victory Capital from $72.00 to $75.00 and gave the stock an "outperform" rating in a research report on Tuesday, May 13th. B. Riley raised their price target on Victory Capital from $70.00 to $74.00 and gave the stock a "buy" rating in a research report on Thursday, May 15th. Finally, Wall Street Zen cut Victory Capital from a "buy" rating to a "hold" rating in a research report on Thursday, May 22nd. 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, the company has a consensus rating of "Moderate Buy" and an average price target of $72.22.
Read Our Latest Stock Analysis on VCTR
Hedge Funds Weigh In On Victory Capital
A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Vanguard Group Inc. lifted its stake in shares of Victory Capital by 3.3% in the first quarter. Vanguard Group Inc. now owns 4,095,276 shares of the company's stock worth $236,994,000 after acquiring an additional 129,055 shares during the period. Capital World Investors increased its holdings in Victory Capital by 0.4% in the fourth quarter. Capital World Investors now owns 3,231,009 shares of the company's stock worth $211,502,000 after purchasing an additional 11,654 shares in the last quarter. Franklin Resources Inc. increased its holdings in Victory Capital by 1.6% in the fourth quarter. Franklin Resources Inc. now owns 2,011,963 shares of the company's stock worth $131,703,000 after purchasing an additional 31,944 shares in the last quarter. Bahl & Gaynor Inc. increased its holdings in Victory Capital by 17.2% in the first quarter. Bahl & Gaynor Inc. now owns 1,825,998 shares of the company's stock worth $105,671,000 after purchasing an additional 268,573 shares in the last quarter. Finally, Bank of America Corp DE increased its holdings in 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 purchasing an additional 458,534 shares in the last quarter. 87.71% of the stock is owned by institutional investors and hedge funds.
Victory Capital Stock Performance
The firm has a market capitalization of $4.56 billion, a P/E ratio of 15.13, a P/E/G ratio of 0.76 and a beta of 1.03. The stock has a fifty day simple moving average of $63.67 and a two-hundred day simple moving average of $62.06. The company has a debt-to-equity ratio of 0.84, a current ratio of 1.09 and a quick ratio of 1.09.
Victory Capital (NASDAQ:VCTR - Get Free Report) last issued its earnings results on Thursday, May 8th. The company reported $1.36 earnings per share for the quarter, missing analysts' consensus estimates of $1.38 by ($0.02). Victory Capital had a return on equity of 30.28% and a net margin of 32.90%. The business had revenue of $219.60 million during the quarter, compared to the consensus estimate of $226.38 million. During the same quarter in the previous year, the firm posted $1.25 earnings per share. The company's revenue for the quarter was up 1.7% compared to the same quarter last year. On average, research analysts predict that Victory Capital Holdings, Inc. will post 6.16 EPS for the current year.
Victory Capital Increases Dividend
The company also recently announced a quarterly dividend, which was paid on Wednesday, June 25th. Stockholders of record on Tuesday, June 10th were given a dividend of $0.49 per share. This represents a $1.96 dividend on an annualized basis and a dividend yield of 2.89%. This is a positive change from Victory Capital's previous quarterly dividend of $0.47. The ex-dividend date was Tuesday, June 10th. Victory Capital's dividend payout ratio is presently 43.65%.
About Victory Capital
(
Get Free Report)
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.
Featured Articles
Before you consider Victory Capital, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Victory Capital wasn't on the list.
While Victory Capital currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat's analysts have just released their top five short plays for August 2025. Learn which stocks have the most short interest and how to trade them. Enter your email address to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
MarketBeat All Access