Virtus Investment Partners Company Profile (NASDAQ:VRTS)

About Virtus Investment Partners

Virtus Investment Partners logoVirtus Investment Partners, Inc. is a provider of investment management and related services to individuals and institutions. The Company provides its products in various forms and through multiple distribution channels. Its retail products include open-end mutual funds, closed-end funds, exchange traded funds, variable insurance funds, undertakings for collective investments in transferable securities (UCITS) and separately managed accounts. Its open-end mutual funds are distributed through intermediaries. Its closed-end funds trade on the New York Stock Exchange. Its variable insurance funds are available as investment options in variable annuities and life insurance products distributed by life insurance companies. Separately managed accounts consists of intermediary programs, sponsored and distributed by unaffiliated brokerage firms, and private client accounts, which are offered to the high net-worth clients of its affiliated managers.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Asset Management
  • Sub-Industry: Asset Management & Custody Banks
  • Exchange: NASDAQ
  • Symbol: VRTS
  • CUSIP: 92828Q10
Key Metrics:
  • Previous Close: $110.90
  • 50 Day Moving Average: $115.80
  • 200 Day Moving Average: $105.31
  • 52-Week Range: $66.12 - $128.10
  • Trailing P/E Ratio: 17.89
  • Foreward P/E Ratio: 11.84
  • P/E Growth: 1.25
  • Market Cap: $652.98M
  • Outstanding Shares: 5,888,000
  • Beta: 1.84
Profitability:
  • Net Margins: 15.04%
  • Return on Equity: 9.22%
  • Return on Assets: 4.95%
Debt:
  • Current Ratio: 10.13%
  • Quick Ratio: 10.13%
Additional Links:
Companies Related to Virtus Investment Partners:

Analyst Ratings

Consensus Ratings for Virtus Investment Partners (NASDAQ:VRTS) (?)
Ratings Breakdown: 1 Sell Rating, 3 Hold Ratings
Consensus Rating:Hold (Score: 1.75)
Consensus Price Target: $103.75 (6.45% downside)

Analysts' Ratings History for Virtus Investment Partners (NASDAQ:VRTS)
Show:
DateFirmActionRatingPrice TargetDetails
1/31/2017Bank of America CorpInitiated CoverageUnderperform -> Underperform$110.00View Rating Details
1/11/2017Jefferies Group LLCReiterated RatingHold$124.00View Rating Details
11/7/2016Credit Suisse GroupReiterated RatingHold$110.00View Rating Details
4/12/2016Sandler O'NeillLower Price Target$91.00 -> $71.00View Rating Details
8/4/2015Raymond James Financial, Inc.DowngradeOutperform -> Market PerformView Rating Details
7/10/2015Goldman Sachs Group, Inc. (The)DowngradeNeutral -> Sell$135.00 -> $115.00View Rating Details
(Data available from 2/20/2015 forward)

Earnings

Earnings History for Virtus Investment Partners (NASDAQ:VRTS)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
4/27/2017        
1/25/2017Q416$1.80$1.75$81.07 million$79.90 millionViewN/AView Earnings Details
10/28/2016Q316$1.48$1.64$80.77 million$82.30 millionViewListenView Earnings Details
7/29/2016Q216$1.32$1.24$78.86 million$80.10 millionViewListenView Earnings Details
4/29/2016Q1$1.08$1.12$81.08 million$80.30 millionViewListenView Earnings Details
1/29/2016Q415$1.51$1.37$85.95 million$86.10 millionViewListenView Earnings Details
10/30/2015Q315$2.00$1.74$92.81 million$92.40 millionViewListenView Earnings Details
7/31/2015Q215$2.11$2.21$91.11 million$99.70 millionViewListenView Earnings Details
5/11/2015Q115$2.36$2.11$104.85 million$103.80 millionViewListenView Earnings Details
1/29/2015Q414$2.42$2.05$112.00 million$112.14 millionViewN/AView Earnings Details
10/28/2014Q314$2.53$2.35$117.61 million$117.80 millionViewN/AView Earnings Details
7/28/2014Q214$2.57$2.10$113.53 million$112.70 millionViewN/AView Earnings Details
4/29/2014Q1$2.37$2.34$109.44 millionViewListenView Earnings Details
1/29/2014Q413$2.44$2.65$105.10 million$80.00 millionViewListenView Earnings Details
10/29/2013Q313$2.29$2.56$98.14 million$100.41 millionViewN/AView Earnings Details
7/30/2013Q2 2013$2.01$1.91$94.14 million$96.14 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Virtus Investment Partners (NASDAQ:VRTS)
Current Year EPS Consensus Estimate: $7.65 EPS
Next Year EPS Consensus Estimate: $9.37 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20164$1.03$1.83$1.41
Q2 20161$1.22$1.22$1.22
Q3 20161$1.51$1.51$1.51
Q4 20161$1.87$1.87$1.87
Q1 20171$1.72$1.72$1.72
Q2 20171$2.04$2.04$2.04
Q3 20171$2.16$2.16$2.16
Q4 20171$2.24$2.24$2.24
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Virtus Investment Partners (NASDAQ:VRTS)
Annual Dividend:$1.80
Dividend Yield:1.62%
Payout Ratio:28.66% (Based on Trailing 12 Months of Earnings)
23.53% (Based on Current Year Consensus EPS Estimate)
19.21% (Based on Next Year Consensus EPS Estimate)

Dividend History for Virtus Investment Partners (NASDAQ:VRTS)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
2/17/2017quarterly$0.451.62%4/26/20174/28/20175/10/2017
12/8/2016Quarterly$0.451/27/20171/31/20172/10/2017
8/18/2016Quarterly$0.4510/27/201610/31/201611/11/2016
5/26/2016Quarterly$0.457/27/20167/29/20168/12/2016
2/18/2016Quarterly$0.454/27/20164/29/20165/13/2016
12/17/2015Quarterly$0.451/27/20161/29/20162/12/2016
8/17/2015Quarterly$0.4510/28/201510/31/201511/13/2015
5/29/2015quarterly$0.451.45%7/29/20157/31/20158/14/2015
2/20/2015quarterly$0.451.24%4/28/20154/30/20155/13/2015
12/10/2014quarterly$0.451.13%1/28/20151/30/20152/13/2015
8/14/2014quarterly$0.450.87%10/29/201410/31/201411/14/2014
5/15/2014quarterly$0.457/29/20147/31/20148/14/2014
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Virtus Investment Partners (NASDAQ:VRTS)
Insider Ownership Percentage: 4.30%
Institutional Ownership Percentage: 85.07%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
10/27/2016Of Montreal /Can/ BankMajor ShareholderSell1,727,746$93.50$161,544,251.00View SEC Filing  
12/1/2015William Patrick Bradley IIISVPSell210$140.00$29,400.00View SEC Filing  
9/5/2014Michael A AngerthalCFOBuy135$179.77$24,268.95View SEC Filing  
12/17/2013Francis WaltmanEVPSell3,000$203.73$611,190.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Virtus Investment Partners (NASDAQ:VRTS)
DateHeadline
moodys.com logoVirtus Investment Partners, Inc. -- Moody's assigns first time ratings to Virtus Investment Partners, Inc. (NASDAQ:VRTS)
www.moodys.com - February 17 at 6:50 AM
blogs.barrons.com logoBest Kept Contrarian Play: Virtus Investment Partners? (NASDAQ:VRTS)
blogs.barrons.com - February 14 at 6:58 AM
us.rd.yahoo.com logoCoverage initiated on Virtus Investment Partners by BofA/Merrill (NASDAQ:VRTS)
us.rd.yahoo.com - February 1 at 7:20 AM
streetinsider.com logoVirtus Investment Partners (VRTS) Announces $100M Offering of Common Stock and $100 Offering of Mandatory Convertible Preferred Stock (NASDAQ:VRTS)
www.streetinsider.com - January 27 at 9:01 PM
finance.yahoo.com logoVirtus Investment Partners Prices Public Offerings of Common Stock and Mandatory Convertible Preferred … (NASDAQ:VRTS)
finance.yahoo.com - January 27 at 9:01 PM
capitalcube.com logoVirtus Investment Partners, Inc. breached its 50 day moving average in a Bearish Manner : VRTS-US : January 27, 2017 (NASDAQ:VRTS)
us.rd.yahoo.com - January 27 at 3:48 PM
us.rd.yahoo.com logoVirtus Investment Partners Prices Public Offerings of Common Stock and Mandatory Convertible Preferred Stock in Connection with Pending Acquisition of RidgeWorth Investments (NASDAQ:VRTS)
us.rd.yahoo.com - January 27 at 3:48 PM
us.rd.yahoo.com logoEdited Transcript of VRTS earnings conference call or presentation 25-Jan-17 3:00pm GMT (NASDAQ:VRTS)
us.rd.yahoo.com - January 27 at 6:39 AM
capitalcube.com logoVirtus Investment Partners, Inc. :VRTS-US: Earnings Analysis: Q4, 2016 By the Numbers : January 26, 2017 (NASDAQ:VRTS)
www.capitalcube.com - January 27 at 6:39 AM
4-traders.com logoVIRTUS INVESTMENT PARTNERS, INC. : Results of Operations and Financial Condition, Financial Statements and Exhibits (form 8-K) (NASDAQ:VRTS)
www.4-traders.com - January 25 at 9:31 PM
News IconWill Virtus Investment Partners Inc (VRTS) Continue To Underperform Its Industry? (NASDAQ:VRTS)
simplywall.st - January 25 at 9:31 PM
seekingalpha.com logoVirtus Investment Partners, Inc. 2016 Q4 - Results - Earnings Call Slides (NASDAQ:VRTS)
seekingalpha.com - January 25 at 9:31 PM
marketexclusive.com logoVIRTUS INVESTMENT PARTNERS, INC. (NASDAQ:VRTS) Files An 8-K Results of Operations and Financial Condition (NASDAQ:VRTS)
marketexclusive.com - January 25 at 9:31 PM
biz.yahoo.com logoVIRTUS INVESTMENT PARTNERS, INC. Files SEC form 8-K/A, Financial Statements and Exhibits (NASDAQ:VRTS)
biz.yahoo.com - January 25 at 9:31 PM
biz.yahoo.com logoQ4 2016 Virtus Investment Partners Inc Earnings Release - Before Market Open (NASDAQ:VRTS)
us.rd.yahoo.com - January 25 at 4:24 PM
us.rd.yahoo.com logoVirtus Investment Partners Announces Financial Results for the Fourth Quarter 2016 (NASDAQ:VRTS)
us.rd.yahoo.com - January 25 at 4:24 PM
sg.finance.yahoo.com logoVirtus posts 4Q profit (NASDAQ:VRTS)
sg.finance.yahoo.com - January 25 at 4:24 PM
biz.yahoo.com logoVIRTUS INVESTMENT PARTNERS, INC. Files SEC form 8-K, Results of Operations and Financial Condition, Financial Stateme (NASDAQ:VRTS)
biz.yahoo.com - January 25 at 4:24 PM
finance.yahoo.com logoVirtus Investment Partners Announces Proposed Public Offerings of Common Stock and Mandatory Convertible Preferred Stock In Connection with Pending Acquisition of RidgeWorth Investments (NASDAQ:VRTS)
finance.yahoo.com - January 25 at 4:24 PM
us.rd.yahoo.com logoMarcato Comments On Virtus' Proposed Acquisition Of Ridgeworth (NASDAQ:VRTS)
us.rd.yahoo.com - January 24 at 8:24 PM
feeds.reuters.com logoMarcato Capital urges Virtus to use cash to buy RidgeWorth (NASDAQ:VRTS)
feeds.reuters.com - January 24 at 10:09 AM
finance.yahoo.com logoVirtus ETF Solutions Launches Actively Managed ETF With Cumberland Advisors (NASDAQ:VRTS)
finance.yahoo.com - January 20 at 3:34 PM
finance.yahoo.com logoVirtus Investment Partners To Announce Fourth Quarter 2016 Results on January 25 (NASDAQ:VRTS)
finance.yahoo.com - January 19 at 9:01 PM
finance.yahoo.com logo9:16 am Virtus Investment Partners reports December AUM of $45.4 bln, -2.4% y/y (NASDAQ:VRTS)
finance.yahoo.com - January 17 at 3:48 PM
feeds.reuters.com logoBRIEF-Virtus Investment Partners preliminary assets under management of $45.4 bln as of Dec. 31, 2016 (NASDAQ:VRTS)
feeds.reuters.com - January 17 at 10:34 AM
finance.yahoo.com logoVirtus Investment Partners Reports Preliminary December 31, 2016 Assets Under Management (NASDAQ:VRTS)
finance.yahoo.com - January 17 at 9:49 AM
publicnow.com logoVirtus Global Dividend & Income Fund Announces Final Results of Tender Offer (NASDAQ:VRTS)
us.rd.yahoo.com - January 5 at 2:25 AM
capitalcube.com logoVirtus Investment Partners, Inc. : VRTS-US: Dividend Analysis : October 31st, 2016 (record date) : By the numbers : December 27, 2016 (NASDAQ:VRTS)
www.capitalcube.com - December 27 at 8:13 PM
blogs.barrons.com logoVirtus-RidgeWorth Deal: Boosts AUM, But Headwinds Ahead (NASDAQ:VRTS)
blogs.barrons.com - December 21 at 11:26 AM
publicnow.com logoVirtus Global Dividend & Income Fund Inc. Authorizes Declaration of a Distribution, Provides Estimate of Additional Long-Term Capital Gain (NASDAQ:VRTS)
us.rd.yahoo.com - December 19 at 3:16 PM
publicnow.com logoVirtus Global Multi-Sector Income Fund Authorizes Declaration of a Distribution (NASDAQ:VRTS)
us.rd.yahoo.com - December 19 at 3:16 PM
4-traders.com logoVirtus Investment Partners : Gains on Deal to Acquire RidgeWorth Investments (NASDAQ:VRTS)
www.4-traders.com - December 18 at 4:25 AM
News IconVirtus to acquire RidgeWorth from Lightyear for $472 mln (NASDAQ:VRTS)
www.pehub.com - December 18 at 4:25 AM
streetinsider.com logoVirtus Investment Partners (VRTS) Gains on Deal to Acquire RidgeWorth Investments (NASDAQ:VRTS)
www.streetinsider.com - December 18 at 4:25 AM
us.rd.yahoo.com logo9:16 am Virtus Investment Partners to acquire RidgeWorth Investments for $513 mln (NASDAQ:VRTS)
us.rd.yahoo.com - December 17 at 6:03 AM
wsj.com logo[$$] Lightyear Selling RidgeWorth Investments to Virtus (NASDAQ:VRTS)
us.rd.yahoo.com - December 17 at 6:03 AM
biz.yahoo.com logoVIRTUS INVESTMENT PARTNERS, INC. Files SEC form 8-K, Other Events, Financial Statements and Exhibits (NASDAQ:VRTS)
biz.yahoo.com - December 17 at 6:03 AM
feeds.reuters.com logoFund manager Virtus to buy RidgeWorth Investments for $513 mln (NASDAQ:VRTS)
feeds.reuters.com - December 16 at 10:52 AM
News IconNewfleet Asset Management Launches New Actively Managed ETF (NASDAQ:VRTS)
www.itbusinessnet.com - December 16 at 6:22 AM
biz.yahoo.com logoVIRTUS INVESTMENT PARTNERS, INC. Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statements (NASDAQ:VRTS)
biz.yahoo.com - December 13 at 10:20 AM
finance.yahoo.com logoSheila Hooda Joins Virtus Investment Partners Board (NASDAQ:VRTS)
finance.yahoo.com - December 12 at 11:06 PM
insidermonkey.com logoVirtus Investment Partners Inc (VRTS) Hedge Funds Are Snapping Up (NASDAQ:VRTS)
www.insidermonkey.com - December 11 at 8:17 AM
finance.yahoo.com logoVirtus Investment Partners Declares Quarterly Cash Dividend (NASDAQ:VRTS)
finance.yahoo.com - December 8 at 4:31 PM
finance.yahoo.com logoThe Zacks Analyst Blog Highlights: Virtus Investment Partners, Woori Bank, Eaton Vance and Eagle Point Credit (NASDAQ:VRTS)
finance.yahoo.com - December 8 at 4:31 PM
finance.yahoo.com logoVIRTUS INVESTMENT PARTNERS, INC. Financials (NASDAQ:VRTS)
finance.yahoo.com - November 16 at 8:33 PM
finance.yahoo.com logoWhy Huntington (HBAN) Is a Great Stock to Buy Right Now (NASDAQ:VRTS)
finance.yahoo.com - November 16 at 8:33 PM
finance.yahoo.com logoAllianceBernstein (AB) Catches Eye: Stock Moves 5.8% Higher (NASDAQ:VRTS)
finance.yahoo.com - November 11 at 11:29 AM
publicnow.com logoDuff & Phelps Select Energy MLP Fund Inc. Declares Quarterly Distribution of $0.22 per Share (NASDAQ:VRTS)
www.publicnow.com - November 1 at 12:54 PM
capitalcube.com logoETF’s with exposure to Virtus Investment Partners, Inc. : November 1, 2016 (NASDAQ:VRTS)
www.capitalcube.com - November 1 at 12:54 PM
streetinsider.com logoCredit Suisse Downgrades Virtus Investment Partners (VRTS) to Neutral (NASDAQ:VRTS)
www.streetinsider.com - October 31 at 7:53 PM

Social

What is Virtus Investment Partners' stock symbol?

Virtus Investment Partners trades on the NASDAQ under the ticker symbol "VRTS."

How often does Virtus Investment Partners pay dividends? What is the dividend yield for Virtus Investment Partners?

Virtus Investment Partners announced a quarterly dividend on Friday, February 17th. Investors of record on Friday, April 28th will be given a dividend of $0.45 per share on Wednesday, May 10th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 1.62%. The ex-dividend date of this dividend is Wednesday, April 26th.

Where is Virtus Investment Partners' stock going? Where will Virtus Investment Partners' stock price be in 2017?

4 brokers have issued twelve-month price objectives for Virtus Investment Partners' stock. Their forecasts range from $71.00 to $124.00. On average, they anticipate Virtus Investment Partners' stock price to reach $103.75 in the next year.

When will Virtus Investment Partners announce their earnings?

Virtus Investment Partners is scheduled to release their next quarterly earnings announcement on Thursday, April, 27th 2017.

Who owns Virtus Investment Partners stock?

Virtus Investment Partners' stock is owned by a number of of institutional and retail investors. Top institutional investors include Vulcan Value Partners LLC (17.37%), Brown Advisory Inc. (8.05%), Dimensional Fund Advisors LP (6.50%), Royce & Associates LP (3.52%), State Street Corp (2.10%) and Barrow Hanley Mewhinney & Strauss LLC (0.55%). Company insiders that own Virtus Investment Partners stock include Of Montreal /Can/ Bank and William Patrick Bradley III.

Who sold Virtus Investment Partners stock? Who is selling Virtus Investment Partners stock?

Virtus Investment Partners' stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Keybank National Association OH, Metropolitan Life Insurance Co. NY and Public Sector Pension Investment Board.

Who bought Virtus Investment Partners stock? Who is buying Virtus Investment Partners stock?

Virtus Investment Partners' stock was bought by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, Royce & Associates LP, Systematic Financial Management LP, Barrow Hanley Mewhinney & Strauss LLC, Brown Advisory Inc., Boothbay Fund Management LLC, Bayesian Capital Management LP and Vulcan Value Partners LLC.

How do I buy Virtus Investment Partners stock?

Shares of Virtus Investment Partners can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Virtus Investment Partners stock cost?

One share of Virtus Investment Partners stock can currently be purchased for approximately $110.90.

Virtus Investment Partners (NASDAQ:VRTS) Chart for Monday, February, 20, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Virtus Investment Partners (NASDAQ:VRTS)

Earnings History Chart

Earnings by Quarter for Virtus Investment Partners (NASDAQ:VRTS)

Dividend History Chart

Dividend Payments by Quarter for Virtus Investment Partners (NASDAQ:VRTS)

Last Updated on 2/20/2017 by MarketBeat.com Staff