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

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

Virtus Investment Partners announced a quarterly dividend on Tuesday, December 10th. Investors of record on Friday, January 31st will be paid a dividend of $0.67 per share on Saturday, February 15th. This represents a $2.68 annualized dividend and a dividend yield of 2.09%. The ex-dividend date of this dividend is Thursday, January 30th. View Virtus Investment Partners' Dividend History.

Virtus Investment Partners Inc (NASDAQ:VRTS) posted its quarterly earnings data on Friday, October, 25th. The closed-end fund reported $4.03 EPS for the quarter, beating the Zacks' consensus estimate of $3.69 by $0.34. The closed-end fund earned $146 million during the quarter, compared to the consensus estimate of $146.51 million. Virtus Investment Partners had a net margin of 13.49% and a return on equity of 21.89%. The firm's quarterly revenue was down 4.1% compared to the same quarter last year. During the same period in the previous year, the business earned $3.93 EPS. View Virtus Investment Partners' Earnings History.

Virtus Investment Partners is scheduled to release their next quarterly earnings announcement on Friday, January 31st 2020. View Earnings Estimates for Virtus Investment Partners.

Virtus Investment Partners will be holding an earnings conference call on Friday, January 31st at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

3 brokerages have issued 1-year price objectives for Virtus Investment Partners' shares. Their forecasts range from $110.00 to $128.00. On average, they anticipate Virtus Investment Partners' share price to reach $118.33 in the next year. This suggests that the stock has a possible downside of 7.5%. View Analyst Price Targets for Virtus Investment Partners.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Virtus Investment Partners in the last year. There are currently 2 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Virtus Investment Partners.

Media headlines about VRTS stock have been trending somewhat positive recently, according to InfoTrie Sentiment. The research firm scores the sentiment of press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Virtus Investment Partners earned a news impact score of 1.6 on InfoTrie's scale. They also assigned 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 next several days. View News Stories for Virtus Investment Partners.

Virtus Investment Partners saw a increase in short interest in the month of December. As of December 31st, there was short interest totalling 430,500 shares, an increase of 6.9% from the December 15th total of 402,900 shares. Based on an average trading volume of 57,500 shares, the days-to-cover ratio is currently 7.5 days. Approximately 6.6% of the shares of the stock are sold short. View Virtus Investment Partners' Current Options Chain.

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), Northern Trust (NTRS), Ameriprise Financial (AMP), Franklin Resources (BEN), SEI Investments (SEIC), Invesco (IVZ), Ares Capital (ARCC), Eaton Vance (EV), Affiliated Managers Group (AMG), Federated Investors (FII), Legg Mason (LM) and Cohen & Steers (CNS).

Based on aggregate information from My MarketBeat watchlists, some companies that other Virtus Investment Partners investors own include Visa (V), Walt Disney (DIS), Home Depot (HD), UnitedHealth Group (UNH), Verizon Communications (VZ), Enterprise Products Partners (EPD), AT&T (T), Booking (BKNG), Exxon Mobil (XOM) and Applied Materials (AMAT).

Virtus Investment Partners' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Peregrine Capital Management LLC (1.96%), Bowling Portfolio Management LLC (0.14%), State of Alaska Department of Revenue (0.07%), Janney Montgomery Scott LLC (0.05%), 6 Meridian (0.04%) and Louisiana State Employees Retirement System (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 Bowling Portfolio Management LLC, Peregrine Capital Management LLC, Louisiana State Employees Retirement System and State of Alaska Department of Revenue. View Insider Buying and Selling for Virtus Investment Partners.

VRTS stock was purchased by a variety of institutional investors in the last quarter, including Janney Montgomery Scott LLC, Zurcher Kantonalbank Zurich Cantonalbank and 6 Meridian. 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, Robinhood, Fidelity and Charles Schwab.

One share of VRTS stock can currently be purchased for approximately $127.98.

Virtus Investment Partners has a market capitalization of $880.50 million and generates $552.23 million in revenue each year. The closed-end fund earns $75.53 million in net income (profit) each year or $12.26 on an earnings per share basis. Virtus Investment Partners employs 577 workers across the globe.View Additional Information About Virtus Investment Partners.

The official website for Virtus Investment Partners is http://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]