Virtus Investment Partners Stock Price, News & Analysis (NASDAQ:VRTS)

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

Virtus Investment Partners declared a quarterly dividend on Thursday, August 15th. Shareholders of record on Thursday, October 31st will be given a dividend of $0.67 per share on Friday, November 15th. This represents a $2.68 dividend on an annualized basis and a dividend yield of 2.73%. The ex-dividend date of this dividend is Wednesday, October 30th. This is a boost from Virtus Investment Partners's previous quarterly dividend of $0.55. View Virtus Investment Partners' Dividend History.

Virtus Investment Partners Inc (NASDAQ:VRTS) announced its quarterly earnings results on Friday, July, 26th. The closed-end fund reported $3.63 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $3.41 by $0.22. The closed-end fund had revenue of $140.49 million for the quarter, compared to analyst estimates of $144.92 million. Virtus Investment Partners had a net margin of 13.86% and a return on equity of 21.29%. The firm's quarterly revenue was up 5.7% on a year-over-year basis. During the same quarter in the previous year, the company posted $2.73 EPS. View Virtus Investment Partners' Earnings History.

Virtus Investment Partners is scheduled to release their next quarterly earnings announcement on Friday, October 25th 2019. View Earnings Estimates for Virtus Investment Partners.

Virtus Investment Partners will be holding an earnings conference call on Friday, October 25th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

5 analysts have issued 12 month price objectives for Virtus Investment Partners' stock. Their predictions range from $94.00 to $113.00. On average, they expect Virtus Investment Partners' stock price to reach $105.60 in the next year. This suggests a possible upside of 7.7% from the stock's current price. View Analyst Price Targets for Virtus Investment Partners.

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

News stories about VRTS stock have been trending somewhat negative on Thursday, according to InfoTrie Sentiment. InfoTrie identifies negative and positive news coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Virtus Investment Partners earned a media sentiment score of -1.4 on InfoTrie's scale. They also assigned media coverage about the closed-end fund a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the near term. View News Stories for Virtus Investment Partners.

Virtus Investment Partners saw a decline in short interest in the month of September. As of September 30th, there was short interest totalling 418,200 shares, a decline of 16.2% from the August 30th total of 499,000 shares. Based on an average daily trading volume, of 76,300 shares, the days-to-cover ratio is presently 5.5 days. Currently, 6.4% of the shares of the company are short sold. View Virtus Investment Partners' Current Options Chain.

Some companies that are related to Virtus Investment Partners include Artisan Partners Asset Management (APAM), Moelis & Co (MC), AssetMark Financial (AMK), Noah (NOAH), Focus Financial Partners (FOCS), Victory Capital (VCTR), Och-Ziff Capital Management Group (OZM), PJT Partners (PJT), Brightsphere Investment Group (BSIG), Sculptor Capital Management (SCU), Pzena Investment Management (PZN), Barings BDC (BBDC), Diamond Hill Investment Group (DHIL), Fidus Investment (FDUS) and PUYI INC/ADR (PUYI).

Based on aggregate information from My MarketBeat watchlists, some companies that other Virtus Investment Partners investors own include Visa (V), UnitedHealth Group (UNH), Broadcom (AVGO), Booking (BKNG), A. O. Smith (AOS), Walt Disney (DIS), General Electric (GE), Home Depot (HD), AT&T (T) and Tenet Healthcare (THC).

Virtus Investment Partners' stock is owned by many different of retail and institutional investors. Top institutional shareholders include Peregrine Capital Management LLC (1.97%), Bowling Portfolio Management LLC (0.20%), State of Alaska Department of Revenue (0.07%) and Meeder Asset Management Inc. (0.00%). View Institutional Ownership Trends for Virtus Investment Partners.

VRTS stock was sold by a variety of institutional investors in the last quarter, including Peregrine Capital Management LLC. View Insider Buying and Selling for Virtus Investment Partners.

VRTS stock was acquired by a variety of institutional investors in the last quarter, including Bowling Portfolio Management LLC, State of Alaska Department of Revenue and Meeder Asset Management Inc.. 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 $98.08.

Virtus Investment Partners has a market capitalization of $681.13 million and generates $552.23 million in revenue each year. The closed-end fund earns $75.53 million in net income (profit) each year or $12.26 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]