Virtus Investment Partners Company Profile (NASDAQ:VRTS)

About Virtus Investment Partners (NASDAQ:VRTS)

Virtus Investment Partners logoVirtus 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:
  • Industry: Asset Management
  • Sub-Industry: Asset Management & Custody Banks
  • Symbol: NASDAQ:VRTS
  • CUSIP: 92828Q10
  • Web: www.virtus.com
Capitalization:
  • Market Cap: $715.32 million
  • Outstanding Shares: 6,989,000
Average Prices:
  • 50 Day Moving Avg: $105.44
  • 200 Day Moving Avg: $111.13
  • 52 Week Range: $69.59 - $128.10
P/E:
  • Trailing P/E Ratio: 16.04
  • Foreward P/E Ratio: 9.56
  • P/E Growth: 1.20
Sales & Book Value:
  • Annual Revenue: $322.04 million
  • Price / Sales: 2.22
  • Book Value: $63.18 per share
  • Price / Book: 1.62
Dividend:
  • Annual Dividend: $1.80
  • Dividend Yield: 1.8%
Profitability:
  • EBIDTA: $62.46 million
  • Net Margins: 15.04%
  • Return on Equity: 9.22%
  • Return on Assets: 4.95%
Debt:
  • Current Ratio: 10.13%
  • Quick Ratio: 10.13%
Misc:
  • Average Volume: 69,445 shs.
  • Beta: 1.84
  • Short Ratio: 9.98
 

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. Stockholders 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 1.76%. 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) issued its quarterly earnings results on Friday, April, 28th. The company reported $1.16 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.62 by $0.46. The company had revenue of $79.78 million for the quarter, compared to analysts' expectations of $80.67 million. Virtus Investment Partners had a return on equity of 9.22% and a net margin of 15.04%. The business's quarterly revenue was down .6% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.12 EPS. View Virtus Investment Partners' Earnings History.

When will Virtus Investment Partners make its next earnings announcement?

Virtus Investment Partners is scheduled to release their next quarterly earnings announcement on Thursday, July, 27th 2017. View Earnings Estimates for Virtus Investment Partners.

Where is Virtus Investment Partners' stock going? Where will Virtus Investment Partners' stock price be in 2017?

3 equities research analysts have issued 12-month target prices for Virtus Investment Partners' shares. Their forecasts range from $110.00 to $110.00. On average, they anticipate Virtus Investment Partners' stock 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?

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 many different of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (9.27%), Dimensional Fund Advisors LP (6.77%), Victory Capital Management Inc. (6.13%), JPMorgan Chase & Co. (2.66%), Peregrine Capital Management LLC (2.58%) and Citadel Advisors LLC (2.52%). 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?

Virtus Investment Partners' stock was sold by a variety of institutional investors in the last quarter, including Royce & Associates LP, Morgan Stanley, Goldman Sachs Group Inc., TIAA CREF Investment Management LLC, Alliancebernstein L.P., Credit Suisse AG, Wells Fargo & Company MN and American International Group Inc.. View Insider Buying and Selling for Virtus Investment Partners.

Who bought Virtus Investment Partners stock? Who is buying Virtus Investment Partners stock?

Virtus Investment Partners' stock was bought by a variety of institutional investors in the last quarter, including Citadel Advisors LLC, Vanguard Group Inc., Dimensional Fund Advisors LP, California Public Employees Retirement System, JPMorgan Chase & Co., Victory Capital Management Inc., Ameriprise Financial Inc. and State Street Corp. View Insider Buying and Selling for Virtus Investment Partners.

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 $102.35.


MarketBeat Community Rating for Virtus Investment Partners (NASDAQ VRTS)
Community Ranking:  1.2 out of 5 ()
Outperform Votes:  57 (Vote Outperform)
Underperform Votes:  183 (Vote Underperform)
Total Votes:  240
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.

Analyst Ratings

Consensus Ratings for Virtus Investment Partners (NASDAQ:VRTS) (?)
Ratings Breakdown: 1 Sell Rating, 2 Hold Ratings
Consensus Rating:Hold (Score: 1.67)
Consensus Price Target: $110.00 (7.47% upside)

Analysts' Ratings History for Virtus Investment Partners (NASDAQ:VRTS)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
4/30/2017Jefferies Group LLCSet Price TargetHold$110.00LowView Rating Details
1/31/2017Bank of America CorpInitiated CoverageUnderperform -> Underperform$110.00N/AView Rating Details
11/7/2016Credit Suisse Group AGReiterated RatingHold$110.00N/AView Rating Details
4/12/2016Sandler O'NeillLower Price Target$91.00 -> $71.00N/AView Rating Details
8/4/2015Raymond James Financial, Inc.DowngradeOutperform -> Market PerformN/AView Rating Details
7/10/2015Goldman Sachs Group IncDowngradeNeutral -> Sell$135.00 -> $115.00N/AView Rating Details
(Data available from 5/29/2015 forward)

Earnings

Earnings History for Virtus Investment Partners (NASDAQ:VRTS)
Earnings by Quarter for Virtus Investment Partners (NASDAQ:VRTS)
Earnings History by Quarter for Virtus Investment Partners (NASDAQ VRTS)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
7/27/2017        
4/28/2017Q1 2017$1.62$1.16$80.67 million$79.78 millionViewN/AView Earnings Details
1/25/2017Q416$1.80$1.75$81.07 million$79.90 millionViewN/AView Earnings Details
10/28/2016Q316$1.48$1.64$80.77 million$82.30 millionViewListenView Earnings Details
7/29/2016Q216$1.32$1.24$78.86 million$80.10 millionViewListenView Earnings Details
4/29/2016Q1$1.08$1.12$81.08 million$80.30 millionViewListenView Earnings Details
1/29/2016Q415$1.51$1.37$85.95 million$86.10 millionViewListenView Earnings Details
10/30/2015Q315$2.00$1.74$92.81 million$92.40 millionViewListenView Earnings Details
7/31/2015Q215$2.11$2.21$91.11 million$99.70 millionViewListenView Earnings Details
5/11/2015Q115$2.36$2.11$104.85 million$103.80 millionViewListenView Earnings Details
1/29/2015Q414$2.42$2.05$112.00 million$112.14 millionViewN/AView Earnings Details
10/28/2014Q314$2.53$2.35$117.61 million$117.80 millionViewN/AView Earnings Details
7/28/2014Q214$2.57$2.10$113.53 million$112.70 millionViewN/AView Earnings Details
4/29/2014Q1$2.37$2.34$108.86 million$107.87 millionViewListenView Earnings Details
1/29/2014Q413$2.44$2.65$105.10 million$80.00 millionViewListenView Earnings Details
10/29/2013Q313$2.29$2.56$98.14 million$100.41 millionViewN/AView Earnings Details
7/30/2013Q2 2013$2.01$1.91$94.14 million$96.14 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Virtus Investment Partners (NASDAQ:VRTS)
2017 EPS Consensus Estimate: $7.68
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171$1.60$1.60$1.60
Q2 20171$1.48$1.48$1.48
Q3 20171$2.23$2.23$2.23
Q4 20171$2.37$2.37$2.37
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Virtus Investment Partners (NASDAQ:VRTS)
Next Dividend:8/14/2017
Annual Dividend:$1.80
Dividend Yield:1.76%
Payout Ratio:28.66% (Trailing 12 Months of Earnings)
24.39% (Based on This Year's Estimates)
16.81% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Virtus Investment Partners (NASDAQ:VRTS)

Dividend History by Quarter for Virtus Investment Partners (NASDAQ VRTS)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
5/23/2017quarterly$0.451.73%7/27/20177/31/20178/14/2017
2/17/2017quarterly$0.451.62%4/26/20174/28/20175/10/2017
12/8/2016Quarterly$0.451/27/20171/31/20172/10/2017
8/18/2016Quarterly$0.4510/27/201610/31/201611/11/2016
5/26/2016Quarterly$0.457/27/20167/29/20168/12/2016
2/18/2016Quarterly$0.454/27/20164/29/20165/13/2016
12/17/2015Quarterly$0.451/27/20161/29/20162/12/2016
8/17/2015Quarterly$0.4510/28/201510/31/201511/13/2015
5/29/2015quarterly$0.451.45%7/29/20157/31/20158/14/2015
2/20/2015quarterly$0.451.24%4/28/20154/30/20155/13/2015
12/10/2014quarterly$0.451.13%1/28/20151/30/20152/13/2015
8/14/2014quarterly$0.450.87%10/29/201410/31/201411/14/2014
5/15/2014quarterly$0.457/29/20147/31/20148/14/2014
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Virtus Investment Partners (NASDAQ:VRTS)
Insider Ownership Percentage: 4.30%
Institutional Ownership Percentage: 85.07%
Insider Trades by Quarter for Virtus Investment Partners (NASDAQ:VRTS)
Institutional Ownership by Quarter for Virtus Investment Partners (NASDAQ:VRTS)
Insider Trades by Quarter for Virtus Investment Partners (NASDAQ:VRTS)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
10/27/2016Of Montreal /Can/ BankMajor ShareholderSell1,727,746$93.50$161,544,251.00View SEC Filing  
12/1/2015William Patrick Bradley IIISVPSell210$140.00$29,400.00View SEC Filing  
9/5/2014Michael A AngerthalCFOBuy135$179.77$24,268.95View SEC Filing  
12/17/2013Francis WaltmanEVPSell3,000$203.73$611,190.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Virtus Investment Partners (NASDAQ:VRTS)
Latest Headlines for Virtus Investment Partners (NASDAQ:VRTS)
Source:
DateHeadline
americanbankingnews.com logoQ2 2017 Earnings Estimate for Virtus Investment Partners Inc (VRTS) Issued By Jefferies Group
www.americanbankingnews.com - May 26 at 7:53 AM
americanbankingnews.com logoQ3 2017 EPS Estimates for Virtus Investment Partners Inc (VRTS) Boosted by Analyst
www.americanbankingnews.com - May 25 at 7:36 AM
finance.yahoo.com logoUpdate 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
americanbankingnews.com logoVirtus Investment Partners Inc (VRTS) Plans Quarterly Dividend of $0.45
www.americanbankingnews.com - May 23 at 5:52 PM
streetinsider.com logoVirtus Investment Partners (VRTS) Declares $0.45 Quarterly Dividend; 1.7% Yield
www.streetinsider.com - May 23 at 8:18 AM
finance.yahoo.com logoVirtus Investment Partners Declares Quarterly Cash Dividends On Common and Preferred Stock
finance.yahoo.com - May 22 at 7:37 PM
finance.yahoo.com logoETFs with exposure to Virtus Investment Partners, Inc. : May 12, 2017
finance.yahoo.com - May 12 at 8:31 PM
finance.yahoo.com logoVirtus Investment Partners, Inc. :VRTS-US: Earnings Analysis: Q1, 2017 By the Numbers : May 10, 2017
finance.yahoo.com - May 11 at 3:17 AM
americanbankingnews.com logoVirtus Investment Partners (VRTS) Receives Media Impact Rating of -0.07
www.americanbankingnews.com - May 2 at 1:18 PM
americanbankingnews.com logoJefferies Group LLC Analysts Give Virtus Investment Partners Inc (VRTS) a $110.00 Price Target
www.americanbankingnews.com - May 1 at 7:06 PM
finance.yahoo.com logoVirtus 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
seekingalpha.com logoVirtus Investment Partners, Inc. 2017 Q1 - Results - Earnings Call Slides
seekingalpha.com - April 29 at 1:03 AM
americanbankingnews.com logoVirtus Investment Partners Inc (VRTS) Announces Earnings Results, Misses Estimates By $0.46 EPS
www.americanbankingnews.com - April 28 at 4:48 PM
americanbankingnews.com logoVirtus Investment Partners (VRTS) Earning Somewhat Favorable Media Coverage, Study Shows
www.americanbankingnews.com - April 28 at 1:36 PM
reuters.com logoBRIEF-Virtus Investment Partners Q1 earnings per share $1.62
www.reuters.com - April 28 at 10:32 AM
prnewswire.com logoVirtus Investment Partners Announces Financial Results for the First Quarter 2017
www.prnewswire.com - April 28 at 10:32 AM
marketbeat.com logoVirtus posts 1Q profit
marketbeat.com - April 28 at 8:03 AM
finance.yahoo.com logoInvestment Managers' Earnings on Apr 28: BEN, APO, VRTS
finance.yahoo.com - April 27 at 11:49 AM
finance.yahoo.com logoVirtus 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
americanbankingnews.com logoSomewhat Positive Press Coverage Likely to Impact Virtus Investment Partners (VRTS) Share Price
www.americanbankingnews.com - April 25 at 3:29 PM
nasdaq.com logoEx-Dividend Reminder: Northwest Natural Gas, NiSource and Virtus Investment Partners
www.nasdaq.com - April 24 at 6:56 PM
finance.yahoo.com logoVirtus Investment Partners To Announce First Quarter 2017 Results on April 28
finance.yahoo.com - April 24 at 6:56 PM
americanbankingnews.com logoVirtus Investment Partners (VRTS) Receiving Somewhat Positive Press Coverage, AlphaOne Reports
www.americanbankingnews.com - April 22 at 9:13 AM
finance.yahoo.com logoA High-Quality, High-Conviction Small-Cap Fund
finance.yahoo.com - April 17 at 8:16 AM
americanbankingnews.com logoVery Favorable News Coverage Extremely Likely to Impact Virtus Investment Partners (VRTS) Share Price
www.americanbankingnews.com - April 16 at 8:30 AM
americanbankingnews.com logoVirtus Investment Partners Inc (VRTS) Upgraded to "Hold" at Zacks Investment Research
www.americanbankingnews.com - April 14 at 9:31 AM
americanbankingnews.com logoVirtus Investment Partners Inc (VRTS) Expected to Post Q1 2017 Earnings of $1.60 Per Share
www.americanbankingnews.com - April 14 at 8:08 AM
americanbankingnews.com logoVirtus Investment Partners (VRTS) Receives Media Sentiment Rating of 0.05
www.americanbankingnews.com - April 13 at 2:28 PM
finance.yahoo.com logoVirtus 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
finance.yahoo.com logoVirtus Investment Partners Reports Preliminary March 31, 2017 Assets Under Management
finance.yahoo.com - April 12 at 10:45 AM
reuters.com logoBRIEF-Virtus Investment Partners' CEO George Aylward's 2016 total compensation was $6.2 mln – SEC Filing
www.reuters.com - April 7 at 6:24 PM
americanbankingnews.com logoVirtus Investment Partners Inc (VRTS) Sees Large Increase in Short Interest
www.americanbankingnews.com - April 7 at 6:06 PM
finance.yahoo.com logoVirtus Global Multi-Sector Income Fund Declares Distribution and Discloses Sources of Distribution - Section 19(a) Notice
finance.yahoo.com - April 3 at 8:39 PM
finance.yahoo.com logoVirtus Chief Market Strategist Joe Terranova to Present Keynote On Capital Markets at Quinnipiac University's G.A.M.E. VII Forum
finance.yahoo.com - March 30 at 3:19 PM
finance.yahoo.com logoVirtus Multi-Sector Short Term Bond Fund and Virtus International Real Estate Securities Fund Win 2017 Lipper Awards
finance.yahoo.com - March 27 at 7:52 PM
finance.yahoo.com logoDTF Tax-Free Income Inc. Announces Dividends
finance.yahoo.com - March 14 at 8:14 PM
finance.yahoo.com logoDuff & Phelps Utility and Corporate Bond Trust Announces Dividends
finance.yahoo.com - March 14 at 8:14 PM
finance.yahoo.com logoVirtus Global Multi-Sector Income Fund Declares Distributions and Discloses Sources of Distributions - Section 19(a) Notice
finance.yahoo.com - March 2 at 1:24 AM
biz.yahoo.com logoVIRTUS INVESTMENT PARTNERS, INC. Files SEC form 10-K, Annual Report
biz.yahoo.com - February 27 at 5:23 PM
moodys.com logoVirtus Investment Partners, Inc. -- Moody's assigns first time ratings to Virtus Investment Partners, Inc.
www.moodys.com - February 17 at 6:50 AM
blogs.barrons.com logoBest Kept Contrarian Play: Virtus Investment Partners?
blogs.barrons.com - February 14 at 6:58 AM
us.rd.yahoo.com logoCoverage initiated on Virtus Investment Partners by BofA/Merrill
us.rd.yahoo.com - February 1 at 7:20 AM
streetinsider.com logoVirtus Investment Partners (VRTS) Announces $100M Offering of Common Stock and $100 Offering of Mandatory Convertible Preferred Stock
www.streetinsider.com - January 27 at 9:01 PM
finance.yahoo.com logoVirtus Investment Partners Prices Public Offerings of Common Stock and Mandatory Convertible Preferred …
finance.yahoo.com - January 27 at 9:01 PM
capitalcube.com logoVirtus Investment Partners, Inc. breached its 50 day moving average in a Bearish Manner : VRTS-US : January 27, 2017
us.rd.yahoo.com - January 27 at 3:48 PM
us.rd.yahoo.com logoVirtus Investment Partners Prices Public Offerings of Common Stock and Mandatory Convertible Preferred Stock in Connection with Pending Acquisition of RidgeWorth Investments
us.rd.yahoo.com - January 27 at 3:48 PM
us.rd.yahoo.com logoEdited Transcript of VRTS earnings conference call or presentation 25-Jan-17 3:00pm GMT
us.rd.yahoo.com - January 27 at 6:39 AM
seekingalpha.com logoVirtus Investment Partners, Inc. 2016 Q4 - Results - Earnings Call Slides
seekingalpha.com - January 25 at 9:31 PM
biz.yahoo.com logoVIRTUS INVESTMENT PARTNERS, INC. Files SEC form 8-K/A, Financial Statements and Exhibits
biz.yahoo.com - January 25 at 9:31 PM
biz.yahoo.com logoQ4 2016 Virtus Investment Partners Inc Earnings Release - Before Market Open
us.rd.yahoo.com - January 25 at 4:24 PM

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Virtus Investment Partners (VRTS) Chart for Monday, May, 29, 2017

This page was last updated on 5/29/2017 by MarketBeat.com Staff