NASDAQ:VRTS - Virtus Investment Partners Stock Price, News, & Analysis

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$101.74 +2.25 (+2.26 %)
(As of 02/19/2019 04:00 PM ET)
Previous Close$99.49
Today's Range$99.32 - $102.60
52-Week Range$70.00 - $138.02
Volume71,500 shs
Average Volume82,370 shs
Market Capitalization$727.14 million
P/E Ratio8.30
Dividend Yield2.21%
Beta1.47
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. The firm also invests in exchange traded funds. It employs a multi manager approach for its products. The firm employs quantitative analysis to make its investments. It benchmarks the performance of its portfolios against the S&P 500 Index. The firm conducts in-house research to make its investments. Virtus Investment Partners, Inc. was founded in 1988 and is based in Hartford, Connecticut.

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Industry, Sector and Symbol

Industry Investment advice
Sub-IndustryAsset Management & Custody Banks
SectorFinance
Current SymbolNASDAQ:VRTS
CUSIP92828Q10
Phone800-248-7971

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$552.23 million
Cash Flow$19.7171 per share
Book Value$69.07 per share

Profitability

Net Income$75.52 million

Miscellaneous

Employees543
Market Cap$727.14 million
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, December 6th. Stockholders of record on Thursday, January 31st will be paid a dividend of $0.55 per share on Friday, February 15th. This represents a $2.20 dividend on an annualized basis and a dividend yield of 2.16%. The ex-dividend date of this dividend is Wednesday, January 30th. View Virtus Investment Partners' Dividend History.

How were Virtus Investment Partners' earnings last quarter?

Virtus Investment Partners Inc (NASDAQ:VRTS) issued its quarterly earnings data on Friday, February, 1st. The closed-end fund reported $3.06 earnings per share (EPS) for the quarter, meeting the Zacks' consensus estimate of $3.06. The closed-end fund earned $138.10 million during the quarter, compared to analyst estimates of $143.54 million. Virtus Investment Partners had a return on equity of 19.85% and a net margin of 13.68%. The business's quarterly revenue was up 7.9% on a year-over-year basis. During the same period last year, the firm posted $2.60 EPS. View Virtus Investment Partners' Earnings History.

When is Virtus Investment Partners' next earnings date?

Virtus Investment Partners is scheduled to release their next quarterly earnings announcement on Friday, April 26th 2019. View Earnings Estimates for Virtus Investment Partners.

What price target have analysts set for VRTS?

5 brokers have issued 12 month target prices for Virtus Investment Partners' stock. Their forecasts range from $92.00 to $113.00. On average, they anticipate Virtus Investment Partners' share price to reach $98.80 in the next year. This suggests that the stock has a possible downside of 2.9%. 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 headlines about VRTS stock have been trending neutral this week, InfoTrie reports. The research group identifies negative and positive news coverage by analyzing 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 nearest to five being the most favorable. Virtus Investment Partners earned a news impact score of 0.4 on InfoTrie's scale. They also gave news headlines about the closed-end fund a news buzz of 5.0 out of 10, meaning that recent news coverage is somewhat likely to have an impact on the stock's share price in the near term.

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:
  • Mr. George Robert Aylward Jr., CPA, Pres, CEO & Director (Age 55)
  • Mr. Michael Aaron Angerthal CPA, Exec. VP, CFO & Treasurer (Age 52)
  • Mr. Francis George Waltman, Exec. VP of Product Management (Age 57)
  • 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 number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (15.04%), Dimensional Fund Advisors LP (7.87%), Victory Capital Management Inc. (5.54%), Brown Advisory Inc. (5.52%), Peregrine Capital Management LLC (2.36%) and Bank of New York Mellon Corp (1.47%). View Institutional Ownership Trends for Virtus Investment Partners.

Which institutional investors are selling Virtus Investment Partners stock?

VRTS stock was sold by a variety of institutional investors in the last quarter, including Brown Advisory Inc., Barclays PLC, Barrow Hanley Mewhinney & Strauss LLC, MetLife Investment Advisors LLC, New York State Common Retirement Fund, Peregrine Capital Management LLC, California Public Employees Retirement System and Eqis Capital Management Inc.. View Insider Buying and Selling for Virtus Investment Partners.

Which institutional investors are buying Virtus Investment Partners stock?

VRTS stock was purchased by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, WCM Investment Management LLC, BlackRock Inc., Virginia Retirement Systems ET AL, Geode Capital Management LLC, Bank of New York Mellon Corp, Bank of America Corp DE and Municipal Employees Retirement System of Michigan. 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 $101.74.

How big of a company is Virtus Investment Partners?

Virtus Investment Partners has a market capitalization of $727.14 million and generates $552.23 million in revenue each year. The closed-end fund earns $75.52 million in net income (profit) each year or $12.26 on an earnings per share basis. Virtus Investment Partners employs 543 workers across the globe.

What is Virtus Investment Partners' official website?

The official website for Virtus Investment Partners is http://www.virtus.com.

How can I contact Virtus Investment Partners?

Virtus Investment Partners' mailing address is 100 PEARL STREET, 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)

Community Ranking:  1.9 out of 5 (star)
Outperform Votes:  212 (Vote Outperform)
Underperform Votes:  332 (Vote Underperform)
Total Votes:  544
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.
This page was last updated on 2/19/2019 by MarketBeat.com Staff

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