NASDAQ:VRTSVirtus Investment Partners Stock Price, Forecast & News

Virtus Investment Partners' stock was trading at $92.66 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, VRTS shares have increased by 19.9% and is now trading at $111.11. View which stocks have been most impacted by Coronavirus.

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.

Virtus Investment Partners is scheduled to release its next quarterly earnings announcement on Friday, July 24th 2020. View our earnings forecast for Virtus Investment Partners.

Virtus Investment Partners Inc (NASDAQ:VRTS) announced its earnings results on Friday, May, 1st. The closed-end fund reported $3.32 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.12 by $0.20. The closed-end fund had revenue of $127.11 million for the quarter, compared to analyst estimates of $120.39 million. Virtus Investment Partners had a net margin of 12.06% and a return on equity of 22.11%. View Virtus Investment Partners' earnings history.

Virtus Investment Partners declared a quarterly dividend on Friday, May 15th. Investors of record on Friday, July 31st will be paid a dividend of $0.67 per share on Friday, August 14th. This represents a $2.68 dividend on an annualized basis and a yield of 2.41%. The ex-dividend date of this dividend is Thursday, July 30th. View Virtus Investment Partners' dividend history.

4 equities research analysts have issued twelve-month price targets for Virtus Investment Partners' shares. Their forecasts range from $74.00 to $155.00. On average, they expect Virtus Investment Partners' share price to reach $106.00 in the next year. This suggests that the stock has a possible downside of 4.6%. View analysts' price targets for Virtus Investment Partners.

Press coverage about VRTS stock has been trending negative on Friday, according to InfoTrie. The research firm rates the sentiment of press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Virtus Investment Partners earned a coverage optimism score of -2.7 on InfoTrie's scale. They also gave news articles about the closed-end fund a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View the latest news aboutVirtus Investment Partners.

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), Eaton Vance (EV), Legg Mason (LM), Invesco (IVZ), Affiliated Managers Group (AMG), Cohen & Steers (CNS) and Federated Investors (FII). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Virtus Investment Partners investors own include Home Depot (HD), Verizon Communications (VZ), Walt Disney (DIS), CVS Health (CVS), Honeywell International (HON), Alibaba Group (BABA), Cisco Systems (CSCO), Johnson & Johnson (JNJ), Pfizer (PFE) and AT&T (T).

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

Virtus Investment Partners' stock is owned by many different institutional and retail investors. Top institutional shareholders include BlackRock Inc. (15.70%), State Street Corp (2.79%), WCM Investment Management LLC (1.83%), Peregrine Capital Management LLC (1.75%), Geode Capital Management LLC (1.32%) and Bank of New York Mellon Corp (1.20%). 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., Public Sector Pension Investment Board, AWH Capital L.P., Nuveen Asset Management LLC, Invesco Ltd., Healthcare of Ontario Pension Plan Trust Fund, and UBS Group AG. View insider buying and selling activity for Virtus Investment Partners.

VRTS stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Philadelphia Financial Management of San Francisco LLC, JPMorgan Chase & Co., ClariVest Asset Management LLC, Morgan Stanley, Morgan Stanley, AQR Capital Management LLC, and State Street Corp. View insider buying and selling activity 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 $111.11.

Virtus Investment Partners has a market capitalization of $854.99 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.

The official website for Virtus Investment Partners is 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]