Victory Capital Holdings, Inc., together with its subsidiaries, operates as an independent investment management company in the United States. It offers investment advisory, fund administration, and distribution services through broker-dealers, retirement platforms, and registered investment advisor networks. As of December 31, 2018, its franchises and solutions platform managed a set of 71 investment strategies for a range of institutional and retail clients. The company was founded in 2013 and is headquartered in Brooklyn, Ohio.
Industry, Sector and Symbol
Industry Investment advice
Sub-IndustryN/A
SectorFinance
Phone216-898-2400
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$413.41 million
Profitability
Miscellaneous
Employees263
Next Earnings Date8/6/2019 (Estimated)
OptionableNot Optionable
Victory Capital (NASDAQ:VCTR) Frequently Asked Questions
What is Victory Capital's stock symbol?
Victory Capital trades on the NASDAQ under the ticker symbol "VCTR."
How will Victory Capital's stock buyback program work?
Victory Capital announced that its Board of Directors has initiated a share repurchase program on Tuesday, May 22nd 2018, which authorizes the company to buyback $15,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to reacquire up to 2.1% of its stock through open market purchases. Stock buyback programs are often an indication that the company's leadership believes its stock is undervalued.
How were Victory Capital's earnings last quarter?
Victory Capital Holdings Inc (NASDAQ:VCTR) announced its quarterly earnings data on Tuesday, May, 14th. The company reported $0.33 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.31 by $0.02. The business had revenue of $87.48 million for the quarter, compared to analysts' expectations of $91.04 million. Victory Capital had a return on equity of 23.34% and a net margin of 17.10%. View Victory Capital's Earnings History.
When is Victory Capital's next earnings date?
What price target have analysts set for VCTR?
8 Wall Street analysts have issued 12 month target prices for Victory Capital's shares. Their forecasts range from $11.00 to $20.00. On average, they anticipate Victory Capital's share price to reach $15.3571 in the next twelve months. This suggests that the stock has a possible downside of 13.5%. View Analyst Price Targets for Victory Capital.
What is the consensus analysts' recommendation for Victory Capital?
8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Victory Capital in the last year. There are currently 1 hold rating and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Victory Capital.
Has Victory Capital been receiving favorable news coverage?
Media coverage about VCTR stock has been trending somewhat negative on Monday, InfoTrie Sentiment reports. The research group identifies negative and positive media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Victory Capital earned a coverage optimism score of -1.6 on InfoTrie's scale. They also gave media headlines about the company a news buzz of 8.0 out of 10, meaning that recent media coverage is very likely to have an impact on the company's share price in the near future.
Who are some of Victory Capital's key competitors?
Some companies that are related to Victory Capital include Affiliated Managers Group (AMG), Lazard (LAZ), Eaton Vance (EV), Janus Henderson Group (JHG), Evercore (EVR), Federated Investors (FII), Houlihan Lokey (HLI), MAN GRP PLC/ADR (MNGPY), Legg Mason (LM), AllianceBernstein (AB), Ares Management (ARES), Hamilton Lane (HLNE), Noah (NOAH), Cohen & Steers (CNS) and The Carlyle Group (CG).
What other stocks do shareholders of Victory Capital own?
Who are Victory Capital's key executives?
Victory Capital's management team includes the folowing people:
- Mr. David Craig Brown, CEO & Chairman (Age 46)
- Mr. Michael Dennis Policarpo II, CPA, CPA, Pres, CFO & Chief Admin. Officer (Age 44)
- Mr. Kelly Stevenson Cliff C.A.I.A., C.F.A., CFA, Pres of Investment Franchises (Age 49)
- Mr. Matthew J. Dennis CFA, Director of Investor Relations
- Ms. Nina Gupta, Chief Legal Officer & Sec. (Age 44)
When did Victory Capital IPO?
(VCTR) raised $211 million in an IPO on Thursday, February 8th 2018. The company issued 11,700,000 shares at a price of $17.00-$19.00 per share. J.P. Morgan, BofA Merrill Lynch, Morgan Stanley, Barclays, Goldman Sachs and RBC Capital Markets acted as the underwriters for the IPO and Keefe, Bruyette & Woods (A Stifel Company) and William Blair were co-managers.
Who are Victory Capital's major shareholders?
Victory Capital's stock is owned by many different of institutional and retail investors. Top institutional investors include RMB Capital Management LLC (1.14%), Renaissance Technologies LLC (0.53%), Hotchkis & Wiley Capital Management LLC (0.52%), Hotchkis & Wiley Capital Management LLC (0.52%), Algebris UK Ltd (0.41%) and Wellington Management Group LLP (0.41%). Company insiders that own Victory Capital stock include Alan Rappaport, David Craig Brown, James B Hawkes, Lawrence Davanzo and Terence Francis Sullivan. View Institutional Ownership Trends for Victory Capital.
Which major investors are selling Victory Capital stock?
VCTR stock was sold by a variety of institutional investors in the last quarter, including Wellington Management Group LLP, Marshall Wace LLP, Algebris UK Ltd, Morgan Stanley, Bailard Inc., Cornercap Investment Counsel Inc., New York State Common Retirement Fund and Man Group plc. View Insider Buying and Selling for Victory Capital.
Which major investors are buying Victory Capital stock?
VCTR stock was acquired by a variety of institutional investors in the last quarter, including RMB Capital Management LLC, Weber Alan W, EAM Global Investors LLC, Hotchkis & Wiley Capital Management LLC, Hotchkis & Wiley Capital Management LLC, SEI Investments Co, Renaissance Technologies LLC and BlackRock Inc.. Company insiders that have bought Victory Capital stock in the last two years include Alan Rappaport, David Craig Brown, James B Hawkes, Lawrence Davanzo and Terence Francis Sullivan. View Insider Buying and Selling for Victory Capital.
How do I buy shares of Victory Capital?
Shares of VCTR can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Victory Capital's stock price today?
One share of VCTR stock can currently be purchased for approximately $17.76.
How big of a company is Victory Capital?
Victory Capital has a market capitalization of $1.20 billion and generates $413.41 million in revenue each year. The company earns $63.70 million in net income (profit) each year or $1.46 on an earnings per share basis. Victory Capital employs 263 workers across the globe.
What is Victory Capital's official website?
How can I contact Victory Capital?
Victory Capital's mailing address is 4900 TIEDEMAN ROAD 4TH FLOOR, BROOKLYN OH, 44144. The company can be reached via phone at 216-898-2400 or via email at [email protected]
MarketBeat Community Rating for Victory Capital (NASDAQ VCTR)
MarketBeat's community ratings are surveys of what our community members think about Victory Capital and other stocks. Vote "Outperform" if you believe VCTR will outperform the S&P 500 over the long term. Vote "Underperform" if you believe VCTR will underperform the S&P 500 over the long term. You may vote once every thirty days.
