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

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

Virtus Investment Partners declared a quarterly dividend on Thursday, August 16th. Shareholders of record on Wednesday, October 31st will be given a dividend of $0.55 per share on Thursday, November 15th. This represents a $2.20 dividend on an annualized basis and a yield of 2.33%. The ex-dividend date of this dividend is Tuesday, October 30th. This is a boost from Virtus Investment Partners's previous quarterly dividend of $0.45. View Virtus Investment Partners' Dividend History.

Virtus Investment Partners Inc (NASDAQ:VRTS) released its quarterly earnings data on Friday, October, 26th. The closed-end fund reported $3.64 earnings per share for the quarter, beating analysts' consensus estimates of $3.34 by $0.30. The closed-end fund had revenue of $152.20 million for the quarter, compared to analysts' expectations of $149.06 million. Virtus Investment Partners had a net margin of 14.55% and a return on equity of 19.05%. Virtus Investment Partners's quarterly revenue was up 23.0% compared to the same quarter last year. During the same quarter in the previous year, the business posted $2.30 EPS. View Virtus Investment Partners' Earnings History.

Virtus Investment Partners is scheduled to release their next quarterly earnings announcement on Friday, February 1st 2019. View Earnings Estimates for Virtus Investment Partners.

5 Wall Street analysts have issued 1 year target prices for Virtus Investment Partners' shares. Their forecasts range from $111.00 to $150.00. On average, they anticipate Virtus Investment Partners' share price to reach $129.20 in the next twelve months. This suggests a possible upside of 37.1% from the stock's current price. View Analyst Price Targets 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 4 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Virtus Investment Partners.

Media stories about VRTS stock have trended very positive this week, according to InfoTrie Sentiment. InfoTrie identifies positive and negative media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Virtus Investment Partners earned a media sentiment score of 3.1 on InfoTrie's scale. They also gave media coverage about the closed-end fund a news buzz of 8.0 out of 10, indicating that recent media coverage is very likely to have an effect on the stock's share price in the near term.

Some companies that are related to Virtus Investment Partners include AllianceBernstein (AB), Houlihan Lokey (HLI), Federated Investors (FII), Legg Mason (LM), Noah (NOAH), Moelis & Co (MC), Ares Management LP Unit (ARES), Focus Financial Partners (FOCS), Artisan Partners Asset Management (APAM), The Carlyle Group (CG), Hamilton Lane (HLNE), Cohen & Steers (CNS), PJT Partners (PJT), Victory Capital (VCTR) and Pzena Investment Management (PZN).

Virtus Investment Partners' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (14.72%), Dimensional Fund Advisors LP (7.45%), Brown Advisory Inc. (6.04%), Victory Capital Management Inc. (5.52%), Huber Capital Management LLC (3.70%) and Peregrine Capital Management LLC (2.37%). View Institutional Ownership Trends for Virtus Investment Partners.

VRTS stock was sold by a variety of institutional investors in the last quarter, including Huber Capital Management LLC, Victory Capital Management Inc., JPMorgan Chase & Co., JPMorgan Chase & Co., Brown Advisory Inc., New Amsterdam Partners LLC NY, Credit Suisse AG and Keybank National Association OH. View Insider Buying and Selling for Virtus Investment Partners.

VRTS stock was bought by a variety of institutional investors in the last quarter, including Citadel Advisors LLC, BlackRock Inc., Hsbc Holdings PLC, Dimensional Fund Advisors LP, Philadelphia Financial Management of San Francisco LLC, Ontario Teachers Pension Plan Board, WCM Investment Management CA and Morgan Stanley. 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, Scottrade, Fidelity and Charles Schwab.

One share of VRTS stock can currently be purchased for approximately $94.27.

Virtus Investment Partners has a market capitalization of $735.46 million and generates $425.61 million in revenue each year. The closed-end fund earns $37.01 million in net income (profit) each year or $7.68 on an earnings per share basis. Virtus Investment Partners employs 543 workers across the globe.

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

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]