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. Stockholders 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 dividend yield of 1.97%. The ex-dividend date of this dividend 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 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $4.08 by $0.24. The closed-end fund earned $146.10 million during the quarter, compared to analyst estimates of $128.43 million. Virtus Investment Partners had a return on equity of 23.36% and a net margin of 16.98%. Virtus Investment Partners's revenue was up 5.8% compared to the same quarter last year. During the same period in the previous year, the firm earned $3.06 EPS. 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.

4 equities research analysts have issued 1-year price objectives for Virtus Investment Partners' shares. Their forecasts range from $110.00 to $155.00. On average, they expect Virtus Investment Partners' share price to reach $135.50 in the next twelve months. This suggests that the stock has a possible downside of 0.3%. View Analyst Price Targets for Virtus Investment Partners.

4 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 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Virtus Investment Partners.

News coverage about VRTS stock has trended somewhat negative this week, InfoTrie Sentiment reports. InfoTrie identifies positive and negative news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Virtus Investment Partners earned a news sentiment score of -1.0 on InfoTrie's scale. They also assigned media coverage about the closed-end fund a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the company's share price in the immediate future. View News Stories for Virtus Investment Partners.

Virtus Investment Partners saw a increase in short interest during 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 daily volume of 57,100 shares, the days-to-cover ratio is presently 8.5 days. Approximately 7.5% of the shares of the stock 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), Cohen & Steers (CNS) and Legg Mason (LM).

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 institutional and retail investors. Top institutional shareholders 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 $135.94.

Virtus Investment Partners has a market capitalization of $935.27 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]