Virtus Investment Partners, Inc is a publicly owned investment manager. The firm primarily provides its services to individual and institutional clients. It launches separate client focused equity and fixed income portfolios. The firm launches equity, fixed income, and balanced mutual funds for its clients. It invests in the public equity, fixed income, and real estate markets.
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Industry, Sector and Symbol
Industry Investment advice
Sub-IndustryAsset Management & Custody Banks
SectorFinance
Phone800-248-7971
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$552.23 million
Profitability
Miscellaneous
Employees577
Next Earnings Date10/25/2019 (Estimated)
OptionableNot Optionable
Virtus Investment Partners (NASDAQ:VRTS) Frequently Asked Questions
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 Thursday, August 15th. Investors of record on Thursday, October 31st will be paid a dividend of $0.67 per share on Friday, November 15th. This represents a $2.68 annualized dividend and a dividend yield of 2.59%. The ex-dividend date of this dividend is Wednesday, October 30th. This is a positive change from Virtus Investment Partners's previous quarterly dividend of $0.55. View Virtus Investment Partners' Dividend History.
How were Virtus Investment Partners' earnings last quarter?
Virtus Investment Partners Inc (NASDAQ:VRTS) announced its quarterly earnings results on Friday, July, 26th. The closed-end fund reported $3.63 EPS for the quarter, beating the consensus estimate of $3.41 by $0.22. The closed-end fund had revenue of $140.49 million for the quarter, compared to analysts' expectations of $144.92 million. Virtus Investment Partners had a net margin of 13.86% and a return on equity of 21.29%. Virtus Investment Partners's revenue was up 5.7% on a year-over-year basis. During the same quarter last year, the company posted $2.73 EPS. View Virtus Investment Partners' Earnings History.
When is Virtus Investment Partners' next earnings date?
What price target have analysts set for VRTS?
5 Wall Street analysts have issued 12 month target prices for Virtus Investment Partners' shares. Their forecasts range from $94.00 to $118.00. On average, they anticipate Virtus Investment Partners' stock price to reach $105.60 in the next year. This suggests a possible upside of 2.1% from the stock's current price. View Analyst Price Targets for Virtus Investment Partners.
What is the consensus analysts' recommendation 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 3 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Virtus Investment Partners.
Has Virtus Investment Partners been receiving favorable news coverage?
News coverage about VRTS stock has been trending positive this week, InfoTrie Sentiment reports. The research group identifies positive and negative media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Virtus Investment Partners earned a news sentiment score of 2.5 on InfoTrie's scale. They also assigned press coverage about the closed-end fund a news buzz of 6.0 out of 10, indicating that recent media coverage is somewhat likely to have an effect on the company's share price in the next several days. View News Stories for Virtus Investment Partners.
Who are some of Virtus Investment Partners' key competitors?
Some companies that are related to Virtus Investment Partners include Houlihan Lokey (HLI), MAN GRP PLC/ADR (MNGPY), Hamilton Lane (HLNE), AllianceBernstein (AB), The Carlyle Group (CG), Cohen & Steers (CNS), Artisan Partners Asset Management (APAM), Moelis & Co (MC), AssetMark Financial (AMK), Noah (NOAH), Focus Financial Partners (FOCS), Och-Ziff Capital Management Group (OZM), Victory Capital (VCTR), PJT Partners (PJT) and Brightsphere Investment Group (BSIG).
What other stocks do shareholders of Virtus Investment Partners own?
Who are Virtus Investment Partners' key executives?
Virtus Investment Partners' management team includes the folowing people:
- Mr. George Robert Aylward Jr., CPA, CPA, Pres, CEO & Director (Age 55)
- Mr. Michael Aaron Angerthal CPA, CPA, Exec. VP, CFO & Treasurer (Age 52)
- Mr. Francis George Waltman, Exec. VP of Product Management (Age 56)
- Mr. William Patrick Bradley III, Exec. VP of Fund Services (Age 47)
- Mr. Barry Mitchell Mandinach J.D., Exec. VP & Head of Distribution (Age 63)
Who are Virtus Investment Partners' major shareholders?
Virtus Investment Partners' stock is owned by a variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (14.96%), Vanguard Group Inc. (10.49%), Price T Rowe Associates Inc. MD (5.85%), Brown Advisory Inc. (5.53%), Victory Capital Management Inc. (4.10%) and Peregrine Capital Management LLC (2.36%). View Institutional Ownership Trends for Virtus Investment Partners.
Which major investors are selling Virtus Investment Partners stock?
VRTS stock was sold by a variety of institutional investors in the last quarter, including Citadel Advisors LLC, Victory Capital Management Inc., BlackRock Inc., Prudential Financial Inc., Price T Rowe Associates Inc. MD, Bank of America Corp DE, WCM Investment Management LLC and Brown Advisory Inc.. View Insider Buying and Selling for Virtus Investment Partners.
Which major investors are buying Virtus Investment Partners stock?
VRTS stock was acquired by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Clark Capital Management Group Inc., Nuveen Asset Management LLC, Morgan Stanley, Vanguard Group Inc., JPMorgan Chase & Co., Acadian Asset Management LLC and Invesco Ltd.. View Insider Buying and Selling for Virtus Investment Partners.
How do I buy shares of 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, Scottrade, Fidelity and Charles Schwab.
What is Virtus Investment Partners' stock price today?
One share of VRTS stock can currently be purchased for approximately $103.43.
How big of a company is Virtus Investment Partners?
Virtus Investment Partners has a market capitalization of $717.80 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.
What is Virtus Investment Partners' official website?
How can I contact Virtus Investment Partners?
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]
MarketBeat Community Rating for Virtus Investment Partners (NASDAQ VRTS)
MarketBeat's community ratings are surveys of what our community members think about Virtus Investment Partners and other stocks. Vote "Outperform" if you believe VRTS will outperform the S&P 500 over the long term. Vote "Underperform" if you believe VRTS will underperform the S&P 500 over the long term. You may vote once every thirty days.
