NASDAQ:VRTS - Virtus Investment Partners Stock Price, Price Target & More

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

Virtus Investment Partners declared a quarterly dividend on Wednesday, May 16th. Shareholders of record on Tuesday, July 31st will be given a dividend of $0.45 per share on Wednesday, August 15th. This represents a $1.80 annualized dividend and a yield of 1.40%. The ex-dividend date is Monday, July 30th. View Virtus Investment Partners' Dividend History.

Virtus Investment Partners Inc (NASDAQ:VRTS) issued its quarterly earnings results on Friday, April, 27th. The closed-end fund reported $2.59 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.40 by $0.19. The closed-end fund earned $129 million during the quarter, compared to the consensus estimate of $129.64 million. Virtus Investment Partners had a net margin of 9.96% and a return on equity of 15.49%. The firm's quarterly revenue was up 61.7% on a year-over-year basis. During the same quarter last year, the company earned $1.62 EPS. View Virtus Investment Partners' Earnings History.

Virtus Investment Partners is scheduled to release their next quarterly earnings announcement on Thursday, July, 26th 2018. View Earnings Estimates for Virtus Investment Partners.

7 equities research analysts have issued 12-month target prices for Virtus Investment Partners' shares. Their forecasts range from $127.00 to $173.00. On average, they anticipate Virtus Investment Partners' stock price to reach $139.4286 in the next twelve months. This suggests a possible upside of 8.4% from the stock's current price. View Analyst Ratings for Virtus Investment Partners.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Virtus Investment Partners in the last year. There are currently 6 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold."

Some companies that are related to Virtus Investment Partners include MAN Grp PLC/ADR (MNGPY), Houlihan Lokey (HLI), Moelis & Co (MC), AllianceBernstein (AB), Financial Engines (FNGN), Legg Mason (LM), Noah (NOAH), Hamilton Lane (HLNE), The Carlyle Group (CG), Artisan Partners Asset Management (APAM), Federated Investors (FII), Ares Management LP Unit (ARES), Cohen & Steers (CNS), PJT Partners (PJT) and Och-Ziff Capital Management Group (OZM).

Media headlines about VRTS stock have trended somewhat positive on Thursday, Accern Sentiment reports. The research firm ranks the sentiment of press coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Virtus Investment Partners earned a news sentiment score of 0.14 on Accern's scale. They also gave media headlines about the closed-end fund an impact score of 46.18 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the immediate future.

Virtus Investment Partners' stock is owned by a number of of institutional and retail investors. Top institutional investors include Peregrine Capital Management LLC (2.29%) and Municipal Employees Retirement System of Michigan (0.03%). View Institutional Ownership Trends for Virtus Investment Partners.

VRTS stock was sold by a variety of institutional investors in the last quarter, including Peregrine Capital Management LLC and Municipal Employees Retirement System of Michigan. 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 $128.60.

Virtus Investment Partners has a market capitalization of $927.80 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.

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]