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.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Investment advice
Sub-IndustryAsset Management & Custody Banks
SectorFinance
Current SymbolNASDAQ:VRTS
Previous Symbol
CUSIP92828Q10
Phone800-248-7971
Debt
Debt-to-Equity RatioN/A
Current Ratio4.87
Quick Ratio4.87
Price-To-Earnings
Trailing P/E Ratio10.84
Forward P/E Ratio6.68
P/E Growth0.27
Sales & Book Value
Annual Sales$425.61 million
Price / Sales1.40
Cash Flow$12.7473 per share
Price / Cash Flow6.53
Book Value$69.07 per share
Price / Book1.21
Profitability
EPS (Most Recent Fiscal Year)$7.68
Net Income$37.01 million
Net Margins14.55%
Return on Equity19.05%
Return on Assets3.71%
Miscellaneous
Employees543
Outstanding Shares7,150,000
Market Cap$594.88 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 declared a quarterly dividend on Thursday, December 6th. Investors 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 yield of 2.64%. The ex-dividend date 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 earnings results on Friday, October, 26th. The closed-end fund reported $3.64 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.34 by $0.30. The closed-end fund earned $152.20 million during the quarter, compared to analyst estimates 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 revenue for the quarter was up 23.0% compared to the same quarter last year. During the same period last year, the business posted $2.30 earnings per share. View Virtus Investment Partners' Earnings History.
When is Virtus Investment Partners' next earnings date?
What price target have analysts set for VRTS?
6 brokers have issued 1-year price objectives for Virtus Investment Partners' stock. Their forecasts range from $100.00 to $150.00. On average, they expect Virtus Investment Partners' stock price to reach $124.3333 in the next year. This suggests a possible upside of 49.4% from the stock's current price. View Analyst Price Targets for Virtus Investment Partners.
What is the consensus analysts' recommendation for Virtus Investment Partners?
6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Virtus Investment Partners in the last year. There are currently 5 hold ratings and 1 buy rating 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?
Press coverage about VRTS stock has trended positive recently, according to InfoTrie Sentiment Analysis. The research firm scores the sentiment of media coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Virtus Investment Partners earned a daily sentiment score of 2.3 on InfoTrie's scale. They also assigned news headlines about the closed-end fund a news buzz of 3.0 out of 10, indicating that recent media coverage is unlikely to have an impact on the stock's share price in the immediate future.
Who are some of Virtus Investment Partners' key competitors?
Some companies that are related to Virtus Investment Partners include Legg Mason (LM), Ares Management LP Unit (ARES), Moelis & Co (MC), The Carlyle Group (CG), Artisan Partners Asset Management (APAM), Focus Financial Partners (FOCS), Hamilton Lane (HLNE), Cohen & Steers (CNS), PJT Partners (PJT), Och-Ziff Capital Management Group (OZM), Victory Capital (VCTR), Pzena Investment Management (PZN), Diamond Hill Investment Group (DHIL), Barings BDC (BBDC) and Westwood Holdings Group (WHG).
Who are Virtus Investment Partners' key executives?
Virtus Investment Partners' management team includes the folowing people:
- Mr. George R. Aylward Jr., CPA, Pres, CEO & Director (Age 54)
- Mr. Michael A. Angerthal CPA, Exec. VP, CFO & Treasurer (Age 51)
- Mr. Francis George Waltman, Exec. VP of Product Management (Age 56)
- Mr. William Patrick Bradley III, Exec. VP of Fund Services (Age 46)
- Mr. Barry Mitchell Mandinach J.D., Exec. VP & Head of Distribution (Age 62)
Who are Virtus Investment Partners' major shareholders?
Virtus Investment Partners' stock is owned by a number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (14.72%), Vanguard Group Inc. (9.56%), Dimensional Fund Advisors LP (7.45%), Brown Advisory Inc. (6.04%), Victory Capital Management Inc. (5.52%) and Huber Capital Management LLC (3.70%). View Institutional Ownership Trends for Virtus Investment Partners.
Which major investors are selling Virtus Investment Partners stock?
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.
Which major investors are buying Virtus Investment Partners stock?
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 Vanguard Group Inc.. 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 $83.24.
How big of a company is Virtus Investment Partners?
Virtus Investment Partners has a market capitalization of $594.88 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.
What is Virtus Investment Partners' official website?
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)
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.
