Virtus Investment Partners, Inc. (Virtus) 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: Investment Management
- Sub-Industry: Asset Management & Custody Banks
- Symbol: NASDAQ:VRTS
- CUSIP: 92828Q10
- Web: www.virtus.com
Capitalization:- Market Cap: $818.76 million
- Outstanding Shares: 6,989,000
Average Prices:- 50 Day Moving Avg: $110.62
- 200 Day Moving Avg: $109.09
- 52 Week Range: $81.39 - $128.10
P/E:- Trailing P/E Ratio: 18.17
- Foreward P/E Ratio: 11.51
- P/E Growth: 0.46
Sales & Book Value:- Annual Revenue: $322.04 million
- Price / Sales: 2.54
- Book Value: $63.18 per share
- Price / Book: 1.85
Dividend:- Annual Dividend: $1.80
- Dividend Yield: 1.6%
Profitability:- EBIDTA: $62.46 million
- Net Margins: 15.27%
- Return on Equity: 10.71%
- Return on Assets: 4.86%
Debt:- Current Ratio: 9.26%
- Quick Ratio: 9.26%
Misc:- Average Volume: 51,432 shs.
- Beta: 1.71
- Short Ratio: 14.61
Frequently Asked Questions for Virtus Investment Partners (NASDAQ:VRTS)
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 Tuesday, May 23rd. Shareholders of record on Monday, July 31st will be given a dividend of $0.45 per share on Monday, August 14th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 1.54%. The ex-dividend date of this dividend is Thursday, July 27th. View Virtus Investment Partners' Dividend History.
How were Virtus Investment Partners' earnings last quarter?
Virtus Investment Partners, Inc. (NASDAQ:VRTS) released its quarterly earnings data on Friday, April, 28th. The company reported $1.16 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $1.62 by $0.46. The business had revenue of $79.78 million for the quarter, compared to the consensus estimate of $80.67 million. Virtus Investment Partners had a net margin of 15.27% and a return on equity of 10.71%. The company's revenue was down .6% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.12 EPS. View Virtus Investment Partners' Earnings History.
When will Virtus Investment Partners make its next earnings announcement?
Where is Virtus Investment Partners' stock going? Where will Virtus Investment Partners' stock price be in 2017?
4 brokerages have issued twelve-month price objectives for Virtus Investment Partners' shares. Their predictions range from $110.00 to $110.00. On average, they anticipate Virtus Investment Partners' share price to reach $110.00 in the next twelve months. View Analyst Ratings for Virtus Investment Partners.
Who are some of Virtus Investment Partners' key competitors?
Some companies that are related to Virtus Investment Partners include WisdomTree Investments (WETF), Rathbone Brothers plc (RAT), Brewin Dolphin Holdings plc (BRW), Hamilton Lane (HLNE), Polar Capital Holdings plc (POLR), Mortgage Advice Bureau (Holdings) PLC (MAB1), Liontrust Asset Management PLC (LIO), Charles Stanley Group plc (CAY), Pzena Investment Management (PZN), City of London Investment Group PLC (CLIG), Miton Group PLC (MGR), Fifth Street Asset Management (FSAM), Manning & Napier (MN), Medley Management (MDLY), Medley Management (MDLY), Zoltav Resources (ZOL), Plutus Powergen PLC (PPG) and Calamos Asset Management (CLMS).
Who are Virtus Investment Partners' key executives?
Virtus Investment Partners' management team includes the folowing people:
- George R. Aylward CPA, President, Chief Executive Officer, Director
- Michael A. Angerthal, Chief Financial Officer, Executive Vice President, Treasurer
- Mark S. Flynn, Executive Vice President, General Counsel, Corporate Secretary
- Barry M. Mandinach, Executive Vice President
- Francis G. Waltman, Executive Vice President, Head - Product Management
- Mardelle Peria, Senior Vice President - Human Resources
- William Patrick Bradley III., Senior Vice President - Fund Services
- Mark C. Treanor, Non-Executive Independent Chairman of the Board
- Sheila Hooda, Director
- Melody L. Jones, Director
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 Peregrine Capital Management LLC (2.52%), Bank of Montreal Can (0.35%), Dalton Greiner Hartman Maher & Co. (0.15%), Louisiana State Employees Retirement System (0.04%), Aperio Group LLC (0.03%) and State of Alaska Department of Revenue (0.02%). Company insiders that own Virtus Investment Partners stock include Of Montreal /Can/ Bank and William Patrick Bradley III. View Institutional Ownership Trends for Virtus Investment Partners.
Who sold Virtus Investment Partners stock? Who is selling Virtus Investment Partners stock?
Who bought Virtus Investment Partners stock? Who is buying Virtus Investment Partners stock?
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.
What is Virtus Investment Partners' stock price today?
One share of Virtus Investment Partners stock can currently be purchased for approximately $117.15.
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 the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Consensus Ratings for Virtus Investment Partners (NASDAQ:VRTS) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | 1 Sell Rating, 3 Hold Ratings |
| Consensus Rating: | Hold (Score: 1.75) |
| Consensus Price Target: | $110.00 (6.10% downside) |
Analysts' Ratings History for Virtus Investment Partners (NASDAQ:VRTS)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 7/17/2017 | Morgan Stanley | Set Price Target | Hold | $114.00 -> $110.00 | Low |  |
| 4/30/2017 | Jefferies Group LLC | Set Price Target | Hold | $110.00 | Low | |
| 1/31/2017 | Bank of America Corporation | Initiated Coverage | Underperform -> Underperform | $110.00 | N/A | |
| 11/7/2016 | Credit Suisse Group | Reiterated Rating | Hold | $110.00 | N/A | |
| 4/12/2016 | Sandler O'Neill | Lower Price Target | | $91.00 -> $71.00 | N/A | |
| 8/4/2015 | Raymond James Financial, Inc. | Downgrade | Outperform -> Market Perform | | N/A | |
(Data available from 7/25/2015 forward)
Earnings History for Virtus Investment Partners (NASDAQ:VRTS)Earnings History by Quarter for Virtus Investment Partners (NASDAQ VRTS)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 7/27/2017 | | $1.59 | | | | | N/A | |
| 4/28/2017 | Q1 2017 | $1.62 | $1.16 | $80.67 million | $79.78 million | View | N/A | |
| 1/25/2017 | Q416 | $1.80 | $1.75 | $81.07 million | $79.90 million | View | N/A | |
| 10/28/2016 | Q316 | $1.48 | $1.64 | $80.77 million | $82.30 million | View | Listen | |
| 7/29/2016 | Q216 | $1.32 | $1.24 | $78.86 million | $80.10 million | View | Listen | |
| 4/29/2016 | Q1 | $1.08 | $1.12 | $81.08 million | $80.30 million | View | Listen | |
| 1/29/2016 | Q415 | $1.51 | $1.37 | $85.95 million | $86.10 million | View | Listen | |
| 10/30/2015 | Q315 | $2.00 | $1.74 | $92.81 million | $92.40 million | View | Listen | |
| 7/31/2015 | Q215 | $2.11 | $2.21 | $91.11 million | $99.70 million | View | Listen | |
| 5/11/2015 | Q115 | $2.36 | $2.11 | $104.85 million | $103.80 million | View | Listen | |
| 1/29/2015 | Q414 | $2.42 | $2.05 | $112.00 million | $112.14 million | View | N/A | |
| 10/28/2014 | Q314 | $2.53 | $2.35 | $117.61 million | $117.80 million | View | N/A | |
| 7/28/2014 | Q214 | $2.57 | $2.10 | $113.53 million | $112.70 million | View | N/A | |
| 4/29/2014 | Q1 | $2.37 | $2.34 | $108.86 million | $107.87 million | View | Listen | |
| 1/29/2014 | Q413 | $2.44 | $2.65 | $105.10 million | $80.00 million | View | Listen | |
| 10/29/2013 | Q313 | $2.29 | $2.56 | $98.14 million | $100.41 million | View | N/A | |
| 7/30/2013 | Q2 2013 | $2.01 | $1.91 | $94.14 million | $96.14 million | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Virtus Investment Partners (NASDAQ:VRTS)2017 EPS Consensus Estimate: $7.77
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q1 2017 | 1 | $1.60 | $1.60 | $1.60 |
| Q2 2017 | 1 | $1.66 | $1.66 | $1.66 |
| Q3 2017 | 1 | $2.18 | $2.18 | $2.18 |
| Q4 2017 | 1 | $2.33 | $2.33 | $2.33 |
(Data provided by Zacks Investment Research)
Current Dividend Information for Virtus Investment Partners (NASDAQ:VRTS)| Next Dividend: | 8/14/2017 |
| Annual Dividend: | $1.80 |
| Dividend Yield: | 1.54% |
| Payout Ratio: | 27.91% (Trailing 12 Months of Earnings)
24.03% (Based on This Year's Estimates)
17.68% (Based on Next Year's Estimates)
|
Dividend History by Quarter for Virtus Investment Partners (NASDAQ VRTS)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 5/23/2017 | quarterly | $0.45 | 1.73% | 7/27/2017 | 7/31/2017 | 8/14/2017 |
| 2/17/2017 | quarterly | $0.45 | 1.62% | 4/26/2017 | 4/28/2017 | 5/10/2017 |
| 12/8/2016 | Quarterly | $0.45 | | 1/27/2017 | 1/31/2017 | 2/10/2017 |
| 8/18/2016 | Quarterly | $0.45 | | 10/27/2016 | 10/31/2016 | 11/11/2016 |
| 5/26/2016 | Quarterly | $0.45 | | 7/27/2016 | 7/29/2016 | 8/12/2016 |
| 2/18/2016 | Quarterly | $0.45 | | 4/27/2016 | 4/29/2016 | 5/13/2016 |
| 12/17/2015 | Quarterly | $0.45 | | 1/27/2016 | 1/29/2016 | 2/12/2016 |
| 8/17/2015 | Quarterly | $0.45 | | 10/28/2015 | 10/31/2015 | 11/13/2015 |
| 5/29/2015 | quarterly | $0.45 | 1.45% | 7/29/2015 | 7/31/2015 | 8/14/2015 |
| 2/20/2015 | quarterly | $0.45 | 1.24% | 4/28/2015 | 4/30/2015 | 5/13/2015 |
| 12/10/2014 | quarterly | $0.45 | 1.13% | 1/28/2015 | 1/30/2015 | 2/13/2015 |
| 8/14/2014 | quarterly | $0.45 | 0.87% | 10/29/2014 | 10/31/2014 | 11/14/2014 |
| 5/15/2014 | quarterly | $0.45 | | 7/29/2014 | 7/31/2014 | 8/14/2014 |
(Data available from 1/1/2013 forward)
Headline Trends for Virtus Investment Partners (NASDAQ:VRTS)
Latest Headlines for Virtus Investment Partners (NASDAQ:VRTS)
| Source: |
|
| Date | Headline |
|---|
 | BidaskClub Lowers Virtus Investment Partners, Inc. (NASDAQ:VRTS) to Hold
www.americanbankingnews.com - July 25 at 2:14 PM |
| Virtus Investment Partners, Inc. (VRTS) Given Average Recommendation of "Hold" by Analysts
www.americanbankingnews.com - July 24 at 11:37 AM |
| Head-To-Head Contrast: Ares Management L.P. (ARES) vs. Virtus Investment Partners (NASDAQ:VRTS)
www.americanbankingnews.com - July 20 at 2:32 PM |
| Virtus Investment Partners, Inc. (NASDAQ:VRTS) Scheduled to Post Earnings on Thursday
www.americanbankingnews.com - July 20 at 7:41 AM |
| Morgan Stanley Lowers Virtus Investment Partners, Inc. (VRTS) Price Target to $110.00
www.americanbankingnews.com - July 17 at 5:58 PM |
| Virtus Investment Partners, Inc. (NASDAQ:VRTS) Raised to Buy at BidaskClub
www.americanbankingnews.com - July 16 at 8:16 PM |
 | Virtus Investment Partners Reports Preliminary June 30, 2017 Assets Under Management
finance.yahoo.com - July 14 at 9:50 AM |
 | Virtus Investment Partners reports June AUM
seekingalpha.com - July 14 at 9:20 AM |
| Virtus Investment Partners, Inc. (NASDAQ:VRTS) Forecasted to Post Q2 2017 Earnings of $1.66 Per Share
www.americanbankingnews.com - July 13 at 8:13 AM |
| Virtus Investment Partners, Inc. (VRTS) Rating Reiterated by Morgan Stanley
www.americanbankingnews.com - July 10 at 10:33 AM |
| Reviewing The Carlyle Group L.P. (CG) and Virtus Investment Partners (VRTS)
www.americanbankingnews.com - July 4 at 12:30 PM |
| Virtus ETF Solutions Launches Alternative ETF
finance.yahoo.com - June 29 at 7:54 AM |
| Virtus Investment Partners, Inc. (VRTS) Given Average Rating of "Hold" by Brokerages
www.americanbankingnews.com - June 27 at 10:56 AM |
| ETFs with exposure to Virtus Investment Partners, Inc. : June 15, 2017
finance.yahoo.com - June 15 at 3:54 PM |
| Virtus Investment Partners, Inc. (VRTS) Downgraded by Zacks Investment Research
www.americanbankingnews.com - June 14 at 2:18 PM |
| Virtus Investment Partners, Inc. breached its 50 day moving average in a Bullish Manner : VRTS-US : June 9, 2017
finance.yahoo.com - June 10 at 2:12 AM |
| Virtus Total Return Fund Inc. Declares Distribution And Discloses Sources Of Distribution -- Section 19(a) Notice
finance.yahoo.com - June 8 at 1:55 AM |
| Virtus Investment Partners Completes Acquisition of RidgeWorth Investments
finance.yahoo.com - June 2 at 5:47 AM |
| Virtus Investment Partners Inc (VRTS) Given Average Rating of "Hold" by Analysts
www.americanbankingnews.com - June 1 at 10:04 AM |
| Virtus Investment Partners Inc (VRTS) Receives New Coverage from Analysts at Morgan Stanley
www.americanbankingnews.com - June 1 at 8:34 AM |
| Q2 2017 Earnings Estimate for Virtus Investment Partners Inc (VRTS) Issued By Jefferies Group
www.americanbankingnews.com - May 26 at 7:53 AM |
| Q3 2017 EPS Estimates for Virtus Investment Partners Inc (VRTS) Boosted by Analyst
www.americanbankingnews.com - May 25 at 7:36 AM |
| Update in Lawsuit for Investors in Virtus Investment Partners Inc (NASDAQ: VRTS) Shares Announced by Shareholders Foundation
finance.yahoo.com - May 25 at 6:58 AM |
| Virtus Investment Partners Inc (VRTS) Plans Quarterly Dividend of $0.45
www.americanbankingnews.com - May 23 at 5:52 PM |
 | Virtus Investment Partners (VRTS) Declares $0.45 Quarterly Dividend; 1.7% Yield
www.streetinsider.com - May 23 at 8:18 AM |
| Virtus Investment Partners Declares Quarterly Cash Dividends On Common and Preferred Stock
finance.yahoo.com - May 22 at 7:37 PM |
| ETFs with exposure to Virtus Investment Partners, Inc. : May 12, 2017
finance.yahoo.com - May 12 at 8:31 PM |
| Virtus Investment Partners, Inc. :VRTS-US: Earnings Analysis: Q1, 2017 By the Numbers : May 10, 2017
finance.yahoo.com - May 11 at 3:17 AM |
| Virtus Investment Partners (VRTS) Receives Media Impact Rating of -0.07
www.americanbankingnews.com - May 2 at 1:18 PM |
| Jefferies Group LLC Analysts Give Virtus Investment Partners Inc (VRTS) a $110.00 Price Target
www.americanbankingnews.com - May 1 at 7:06 PM |
| Virtus Investment Partners, Inc. breached its 50 day moving average in a Bearish Manner : VRTS-US : May 1, 2017
finance.yahoo.com - May 1 at 10:17 AM |
| Virtus Investment Partners, Inc. 2017 Q1 - Results - Earnings Call Slides
seekingalpha.com - April 29 at 1:03 AM |
| Virtus Investment Partners Inc (VRTS) Announces Earnings Results, Misses Estimates By $0.46 EPS
www.americanbankingnews.com - April 28 at 4:48 PM |
| Virtus Investment Partners (VRTS) Earning Somewhat Favorable Media Coverage, Study Shows
www.americanbankingnews.com - April 28 at 1:36 PM |
 | BRIEF-Virtus Investment Partners Q1 earnings per share $1.62
www.reuters.com - April 28 at 10:32 AM |
 | Virtus Investment Partners Announces Financial Results for the First Quarter 2017
www.prnewswire.com - April 28 at 10:32 AM |
 | Virtus posts 1Q profit
marketbeat.com - April 28 at 8:03 AM |
| Investment Managers' Earnings on Apr 28: BEN, APO, VRTS
finance.yahoo.com - April 27 at 11:49 AM |
| Virtus Investment Partners, Inc. : VRTS-US: Dividend Analysis : April 28th, 2017 (record date) : By the numbers : April 26, 2017
finance.yahoo.com - April 26 at 5:10 PM |
| Somewhat Positive Press Coverage Likely to Impact Virtus Investment Partners (VRTS) Share Price
www.americanbankingnews.com - April 25 at 3:29 PM |
 | Ex-Dividend Reminder: Northwest Natural Gas, NiSource and Virtus Investment Partners
www.nasdaq.com - April 24 at 6:56 PM |
| Virtus Investment Partners To Announce First Quarter 2017 Results on April 28
finance.yahoo.com - April 24 at 6:56 PM |
| Virtus Investment Partners (VRTS) Receiving Somewhat Positive Press Coverage, AlphaOne Reports
www.americanbankingnews.com - April 22 at 9:13 AM |
| A High-Quality, High-Conviction Small-Cap Fund
finance.yahoo.com - April 17 at 8:16 AM |
| Very Favorable News Coverage Extremely Likely to Impact Virtus Investment Partners (VRTS) Share Price
www.americanbankingnews.com - April 16 at 8:30 AM |
| Virtus Investment Partners Inc (VRTS) Upgraded to "Hold" at Zacks Investment Research
www.americanbankingnews.com - April 14 at 9:31 AM |
| Virtus Investment Partners Inc (VRTS) Expected to Post Q1 2017 Earnings of $1.60 Per Share
www.americanbankingnews.com - April 14 at 8:08 AM |
| Virtus Investment Partners (VRTS) Receives Media Sentiment Rating of 0.05
www.americanbankingnews.com - April 13 at 2:28 PM |
| Virtus Investment Partners, Inc. breached its 50 day moving average in a Bullish Manner : VRTS-US : April 12, 2017
finance.yahoo.com - April 12 at 10:45 AM |
| Virtus Investment Partners Reports Preliminary March 31, 2017 Assets Under Management
finance.yahoo.com - April 12 at 10:45 AM |
Virtus Investment Partners (VRTS) Chart for Tuesday, July, 25, 2017
