NASDAQ:VRTS - Virtus Investment Partners Stock Price, Forecast & News

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

Virtus Investment Partners announced a quarterly dividend on Tuesday, December 10th. Investors of record on Friday, January 31st will be given a dividend of $0.67 per share on Saturday, February 15th. This represents a $2.68 annualized dividend and a yield of 1.97%. The ex-dividend date is Thursday, January 30th. View Virtus Investment Partners' Dividend History.

Virtus Investment Partners Inc (NASDAQ:VRTS) issued its quarterly earnings data on Friday, January, 31st. The closed-end fund reported $4.32 EPS for the quarter, beating the Zacks' consensus estimate of $4.08 by $0.24. The closed-end fund earned $146.10 million during the quarter, compared to the consensus estimate of $128.43 million. Virtus Investment Partners had a net margin of 16.98% and a return on equity of 23.36%. The company's revenue was up 5.8% on a year-over-year basis. During the same quarter in the prior year, the firm posted $3.06 earnings per share. View Virtus Investment Partners' Earnings History.

Virtus Investment Partners is scheduled to release their next quarterly earnings announcement on Friday, April 24th 2020. View Earnings Estimates for Virtus Investment Partners.

3 brokers have issued 12-month target prices for Virtus Investment Partners' shares. Their forecasts range from $110.00 to $145.00. On average, they anticipate Virtus Investment Partners' share price to reach $129.00 in the next twelve months. This suggests that the stock has a possible downside of 5.2%. View Analyst Price Targets for Virtus Investment Partners.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Virtus Investment Partners in the last year. There are currently 1 hold rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Virtus Investment Partners.

Media headlines about VRTS stock have been trending extremely negative this week, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Virtus Investment Partners earned a media sentiment score of -5.0 on InfoTrie's scale. They also gave news coverage about the closed-end fund a news buzz of 6.0 out of 10, meaning that recent press coverage is somewhat likely to have an impact on the stock's share price in the next few days. View News Stories for Virtus Investment Partners.

Virtus Investment Partners saw a increase in short interest in the month of January. As of January 31st, there was short interest totalling 484,700 shares, an increase of 12.6% from the January 15th total of 430,500 shares. Based on an average trading volume of 57,100 shares, the days-to-cover ratio is currently 8.5 days. Approximately 7.5% of the company's shares are sold short. View Virtus Investment Partners' Current Options Chain.

Some companies that are related to Virtus Investment Partners include BlackRock (BLK), Bank of New York Mellon (BK), T. Rowe Price Group (TROW), State Street (STT), Ameriprise Financial (AMP), Northern Trust (NTRS), Franklin Resources (BEN), SEI Investments (SEIC), Ares Capital (ARCC), Invesco (IVZ), Eaton Vance (EV), Affiliated Managers Group (AMG), Federated Investors (FII), Legg Mason (LM) and Cohen & Steers (CNS).

Based on aggregate information from My MarketBeat watchlists, some companies that other Virtus Investment Partners investors own include Visa (V), Verizon Communications (VZ), Walt Disney (DIS), AT&T (T), Netflix (NFLX), Enterprise Products Partners (EPD), Home Depot (HD), UnitedHealth Group (UNH), Broadcom (AVGO) and Cisco Systems (CSCO).

Virtus Investment Partners' stock is owned by many different of retail and institutional investors. Top institutional investors include State Street Corp (2.83%), Victory Capital Management Inc. (2.45%), Peregrine Capital Management LLC (1.96%), WCM Investment Management LLC (1.95%), Victory Capital Management Inc. (1.47%) and Bank of New York Mellon Corp (1.37%). View Institutional Ownership Trends for Virtus Investment Partners.

VRTS stock was sold by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., Victory Capital Management Inc., Renaissance Technologies LLC, Clark Capital Management Group Inc., Oxford Asset Management LLP, Pinebridge Investments L.P., Bowling Portfolio Management LLC and Bank of New York Mellon Corp. View Insider Buying and Selling for Virtus Investment Partners.

VRTS stock was purchased by a variety of institutional investors in the last quarter, including Marshall Wace LLP, Goldman Sachs Group Inc., Public Sector Pension Investment Board, WCM Investment Management LLC, Schonfeld Strategic Advisors LLC, Acadian Asset Management LLC, Great West Life Assurance Co. Can and Hotchkis & Wiley Capital Management LLC. View Insider Buying and Selling for Virtus Investment Partners.

Shares of VRTS 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, Robinhood, Fidelity and Charles Schwab.

One share of VRTS stock can currently be purchased for approximately $136.07.

Virtus Investment Partners has a market capitalization of $936.16 million and generates $563.25 million in revenue each year. The closed-end fund earns $95.65 million in net income (profit) each year or $14.80 on an earnings per share basis. Virtus Investment Partners employs 577 workers across the globe.View Additional Information About Virtus Investment Partners.

The official website for Virtus Investment Partners is http://www.virtus.com/.

Virtus Investment Partners' mailing address is ONE FINANCIAL PLAZA, HARTFORD CT, 06103. The closed-end fund can be reached via phone at 800-248-7971 or via email at [email protected]