Virtus Investment Partners Company Profile (NASDAQ:VRTS)

About Virtus Investment Partners (NASDAQ:VRTS)

Virtus 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: Finance
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. Shareholders of record on Monday, July 31st will be paid a dividend of $0.45 per share on Monday, August 14th. This represents a $1.80 dividend on an annualized basis and a 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 earnings results on Friday, April, 28th. The company reported $1.16 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $1.62 by $0.46. The firm earned $79.78 million during the quarter, compared to analyst estimates of $80.67 million. Virtus Investment Partners had a return on equity of 9.22% and a net margin of 15.04%. The company's revenue was down .6% on a year-over-year basis. During the same period in the prior year, the company posted $1.12 earnings per share. 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 brokerages have issued 1-year price targets for Virtus Investment Partners' stock. Their forecasts range from $110.00 to $110.00. On average, they expect 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?

Some companies that are related to Virtus Investment Partners include Artisan Partners Asset Management (APAM), Waddell & Reed Financial (WDR), WisdomTree Investments (WETF), Moelis & Co (MC), Encore Capital Group (ECPG), Gamco Investors (GBL), Och-Ziff Capital Management Group LLC (OZM), Corenergy Infrastructure Trust (CORR), Safeguard Scientifics (SFE), Pzena Investment Management (PZN), Silvercrest Asset Management Group (SAMG), Manning and Napier (MN), Fifth Street Asset Management (FSAM), Medley Management (MDLY), Alcentra Capital Corp (ABDC), American Capital (ACAS), American Capital Senior Floating Ltd (ACSF) and Apollo Investment Corp. (AINV).

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 investors 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 acquired 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.

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:

Date	Firm	Action	Rating	Price Target	Impact on Share Price
4/30/2017	Jefferies Group LLC	Set Price Target	Hold	$110.00	Low
1/31/2017	Bank of America Corp	Initiated Coverage	Underperform -> Underperform	$110.00	N/A
11/7/2016	Credit Suisse Group AG	Reiterated Rating	Hold	$110.00	N/A
4/12/2016	Sandler O'Neill	Lower Price Target		$91.00 -> $71.00	N/A
8/4/2015	Raymond James Financial, Inc.	Downgrade	Outperform -> Market Perform		N/A
7/10/2015	Goldman Sachs Group Inc	Downgrade	Neutral -> Sell	$135.00 -> $115.00	N/A

(Data available from 5/29/2015 forward)

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)

Date	Quarter	Consensus Estimate	Actual EPS	Revenue Estimate	Actual Revenue	Release Link	Conference Call
7/27/2017
4/28/2017	Q1 2017	$1.62	$1.16	$80.67 million	$79.78 million	View	N/A
1/25/2017	Q416	$1.80	$1.75	$81.07 million	$79.90 million	View	N/A
10/28/2016	Q316	$1.48	$1.64	$80.77 million	$82.30 million	View	Listen
7/29/2016	Q216	$1.32	$1.24	$78.86 million	$80.10 million	View	Listen
4/29/2016	Q1	$1.08	$1.12	$81.08 million	$80.30 million	View	Listen
1/29/2016	Q415	$1.51	$1.37	$85.95 million	$86.10 million	View	Listen
10/30/2015	Q315	$2.00	$1.74	$92.81 million	$92.40 million	View	Listen
7/31/2015	Q215	$2.11	$2.21	$91.11 million	$99.70 million	View	Listen
5/11/2015	Q115	$2.36	$2.11	$104.85 million	$103.80 million	View	Listen
1/29/2015	Q414	$2.42	$2.05	$112.00 million	$112.14 million	View	N/A
10/28/2014	Q314	$2.53	$2.35	$117.61 million	$117.80 million	View	N/A
7/28/2014	Q214	$2.57	$2.10	$113.53 million	$112.70 million	View	N/A
4/29/2014	Q1	$2.37	$2.34	$108.86 million	$107.87 million	View	Listen
1/29/2014	Q413	$2.44	$2.65	$105.10 million	$80.00 million	View	Listen
10/29/2013	Q313	$2.29	$2.56	$98.14 million	$100.41 million	View	N/A
7/30/2013	Q2 2013	$2.01	$1.91	$94.14 million	$96.14 million	View	N/A

(Data available from 1/1/2011 forward)

Earnings Estimates for Virtus Investment Partners (NASDAQ:VRTS)

2017 EPS Consensus Estimate: $7.68

Quarter	Number of Estimates	Low Estimate	High Estimate	Average Estimate
Q1 2017	1	$1.60	$1.60	$1.60
Q2 2017	1	$1.48	$1.48	$1.48
Q3 2017	1	$2.23	$2.23	$2.23
Q4 2017	1	$2.37	$2.37	$2.37

(Data provided by Zacks Investment Research)

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)

Announced	Period	Amount	Yield	Ex-Dividend Date	Record Date	Payable Date
5/23/2017	quarterly	$0.45	1.73%	7/27/2017	7/31/2017	8/14/2017
2/17/2017	quarterly	$0.45	1.62%	4/26/2017	4/28/2017	5/10/2017
12/8/2016	Quarterly	$0.45		1/27/2017	1/31/2017	2/10/2017
8/18/2016	Quarterly	$0.45		10/27/2016	10/31/2016	11/11/2016
5/26/2016	Quarterly	$0.45		7/27/2016	7/29/2016	8/12/2016
2/18/2016	Quarterly	$0.45		4/27/2016	4/29/2016	5/13/2016
12/17/2015	Quarterly	$0.45		1/27/2016	1/29/2016	2/12/2016
8/17/2015	Quarterly	$0.45		10/28/2015	10/31/2015	11/13/2015
5/29/2015	quarterly	$0.45	1.45%	7/29/2015	7/31/2015	8/14/2015
2/20/2015	quarterly	$0.45	1.24%	4/28/2015	4/30/2015	5/13/2015
12/10/2014	quarterly	$0.45	1.13%	1/28/2015	1/30/2015	2/13/2015
8/14/2014	quarterly	$0.45	0.87%	10/29/2014	10/31/2014	11/14/2014
5/15/2014	quarterly	$0.45		7/29/2014	7/31/2014	8/14/2014

(Data available from 1/1/2013 forward)

Insider Trading and Institutional Ownership History for Virtus Investment Partners (NASDAQ:VRTS)

Insider Ownership Percentage: 4.30%
Institutional Ownership Percentage: 85.07%

Institutional Ownership by Quarter for Virtus Investment Partners (NASDAQ:VRTS)

Insider Trades by Quarter for Virtus Investment Partners (NASDAQ:VRTS)

Transaction Date	Insider Name	Title	Buy/Sell	Number of Shares	Average Share Price	Total Transaction
10/27/2016	Of Montreal /Can/ Bank	Major Shareholder	Sell	1,727,746	$93.50	$161,544,251.00
12/1/2015	William Patrick Bradley III	SVP	Sell	210	$140.00	$29,400.00
9/5/2014	Michael A Angerthal	CFO	Buy	135	$179.77	$24,268.95
12/17/2013	Francis Waltman	EVP	Sell	3,000	$203.73	$611,190.00

(Data available from 1/1/2013 forward)

Headline Trends for Virtus Investment Partners (NASDAQ:VRTS) Latest Headlines for Virtus Investment Partners (NASDAQ:VRTS)

Source:

Date	Headline
	Q2 2017 Earnings Estimate for Virtus Investment Partners Inc (VRTS) Issued By Jefferies Group www.americanbankingnews.com - May 26 at 7:53 AM
	Q3 2017 EPS Estimates for Virtus Investment Partners Inc (VRTS) Boosted by Analyst www.americanbankingnews.com - May 25 at 7:36 AM
	Update 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
	Virtus Investment Partners Inc (VRTS) Plans Quarterly Dividend of $0.45 www.americanbankingnews.com - May 23 at 5:52 PM
	Virtus Investment Partners (VRTS) Declares $0.45 Quarterly Dividend; 1.7% Yield www.streetinsider.com - May 23 at 8:18 AM
	Virtus Investment Partners Declares Quarterly Cash Dividends On Common and Preferred Stock finance.yahoo.com - May 22 at 7:37 PM
	ETFs with exposure to Virtus Investment Partners, Inc. : May 12, 2017 finance.yahoo.com - May 12 at 8:31 PM
	Virtus Investment Partners, Inc. :VRTS-US: Earnings Analysis: Q1, 2017 By the Numbers : May 10, 2017 finance.yahoo.com - May 11 at 3:17 AM
	Virtus Investment Partners (VRTS) Receives Media Impact Rating of -0.07 www.americanbankingnews.com - May 2 at 1:18 PM
	Jefferies Group LLC Analysts Give Virtus Investment Partners Inc (VRTS) a $110.00 Price Target www.americanbankingnews.com - May 1 at 7:06 PM
	Virtus 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
	Virtus Investment Partners, Inc. 2017 Q1 - Results - Earnings Call Slides seekingalpha.com - April 29 at 1:03 AM
	Virtus Investment Partners Inc (VRTS) Announces Earnings Results, Misses Estimates By $0.46 EPS www.americanbankingnews.com - April 28 at 4:48 PM
	Virtus Investment Partners (VRTS) Earning Somewhat Favorable Media Coverage, Study Shows www.americanbankingnews.com - April 28 at 1:36 PM
	BRIEF-Virtus Investment Partners Q1 earnings per share $1.62 www.reuters.com - April 28 at 10:32 AM
	Virtus Investment Partners Announces Financial Results for the First Quarter 2017 www.prnewswire.com - April 28 at 10:32 AM
	Virtus posts 1Q profit marketbeat.com - April 28 at 8:03 AM
	Investment Managers' Earnings on Apr 28: BEN, APO, VRTS finance.yahoo.com - April 27 at 11:49 AM
	Virtus 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
	Somewhat Positive Press Coverage Likely to Impact Virtus Investment Partners (VRTS) Share Price www.americanbankingnews.com - April 25 at 3:29 PM
	Ex-Dividend Reminder: Northwest Natural Gas, NiSource and Virtus Investment Partners www.nasdaq.com - April 24 at 6:56 PM
	Virtus Investment Partners To Announce First Quarter 2017 Results on April 28 finance.yahoo.com - April 24 at 6:56 PM
	Virtus Investment Partners (VRTS) Receiving Somewhat Positive Press Coverage, AlphaOne Reports www.americanbankingnews.com - April 22 at 9:13 AM
	A High-Quality, High-Conviction Small-Cap Fund finance.yahoo.com - April 17 at 8:16 AM
	Very Favorable News Coverage Extremely Likely to Impact Virtus Investment Partners (VRTS) Share Price www.americanbankingnews.com - April 16 at 8:30 AM
	Virtus Investment Partners Inc (VRTS) Upgraded to "Hold" at Zacks Investment Research www.americanbankingnews.com - April 14 at 9:31 AM
	Virtus Investment Partners Inc (VRTS) Expected to Post Q1 2017 Earnings of $1.60 Per Share www.americanbankingnews.com - April 14 at 8:08 AM
	Virtus Investment Partners (VRTS) Receives Media Sentiment Rating of 0.05 www.americanbankingnews.com - April 13 at 2:28 PM
	Virtus 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
	Virtus Investment Partners Reports Preliminary March 31, 2017 Assets Under Management finance.yahoo.com - April 12 at 10:45 AM
	BRIEF-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
	Virtus Investment Partners Inc (VRTS) Sees Large Increase in Short Interest www.americanbankingnews.com - April 7 at 6:06 PM
	Virtus 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
	Virtus 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
	Virtus 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
	DTF Tax-Free Income Inc. Announces Dividends finance.yahoo.com - March 14 at 8:14 PM
	Duff & Phelps Utility and Corporate Bond Trust Announces Dividends finance.yahoo.com - March 14 at 8:14 PM
	Virtus 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
	VIRTUS INVESTMENT PARTNERS, INC. Files SEC form 10-K, Annual Report biz.yahoo.com - February 27 at 5:23 PM
	Virtus Investment Partners, Inc. -- Moody's assigns first time ratings to Virtus Investment Partners, Inc. www.moodys.com - February 17 at 6:50 AM
	Best Kept Contrarian Play: Virtus Investment Partners? blogs.barrons.com - February 14 at 6:58 AM
	Coverage initiated on Virtus Investment Partners by BofA/Merrill us.rd.yahoo.com - February 1 at 7:20 AM
	Virtus 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
	Virtus Investment Partners Prices Public Offerings of Common Stock and Mandatory Convertible Preferred … finance.yahoo.com - January 27 at 9:01 PM
	Virtus 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
	Virtus 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
	Edited Transcript of VRTS earnings conference call or presentation 25-Jan-17 3:00pm GMT us.rd.yahoo.com - January 27 at 6:39 AM
	Virtus Investment Partners, Inc. 2016 Q4 - Results - Earnings Call Slides seekingalpha.com - January 25 at 9:31 PM
	VIRTUS INVESTMENT PARTNERS, INC. Files SEC form 8-K/A, Financial Statements and Exhibits biz.yahoo.com - January 25 at 9:31 PM
	Q4 2016 Virtus Investment Partners Inc Earnings Release - Before Market Open us.rd.yahoo.com - January 25 at 4:24 PM

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

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