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
Industry Investment advice
Sub-IndustryAsset Management & Custody Banks
SectorFinance
Phone800-248-7971
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$425.61 million
Profitability
Miscellaneous
Employees543
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 announced a quarterly dividend on Thursday, December 6th. Shareholders 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 dividend yield of 2.34%. The ex-dividend date of this dividend 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 quarterly earnings results on Friday, October, 26th. The closed-end fund reported $3.64 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $3.34 by $0.30. The closed-end fund had revenue of $152.20 million for 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%. The firm's revenue was up 23.0% on a year-over-year basis. During the same period in the prior 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?
5 analysts have issued twelve-month price objectives for Virtus Investment Partners' stock. Their predictions range from $94.00 to $115.00. On average, they expect Virtus Investment Partners' stock price to reach $106.60 in the next twelve months. This suggests a possible upside of 13.6% from the stock's current price. View Analyst Price Targets for Virtus Investment Partners.
What is the consensus analysts' recommendation 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 3 hold ratings and 2 buy ratings 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?
Media headlines about VRTS stock have been trending somewhat positive on Saturday, InfoTrie reports. The research firm identifies negative and positive media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Virtus Investment Partners earned a daily sentiment score of 1.7 on InfoTrie's scale. They also assigned press coverage about the closed-end fund a news buzz of 1.0 out of 10, indicating that recent media coverage is extremely 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), Moelis & Co (MC), Ares Management (ARES), The Carlyle Group (CG), Focus Financial Partners (FOCS), Hamilton Lane (HLNE), Artisan Partners Asset Management (APAM), Cohen & Steers (CNS), PJT Partners (PJT), Victory Capital (VCTR), Och-Ziff Capital Management Group (OZM), 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 55)
- Mr. Michael A. Angerthal CPA, Exec. VP, CFO & Treasurer (Age 52)
- Mr. Francis George Waltman, Exec. VP of Product Management (Age 57)
- Mr. William Patrick Bradley III, Exec. VP of Fund Services (Age 47)
- Mr. Barry Mitchell Mandinach J.D., Exec. VP & Head of Distribution (Age 63)
Who are Virtus Investment Partners' major shareholders?
Which institutional investors are selling Virtus Investment Partners stock?
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 $93.87.
How big of a company is Virtus Investment Partners?
Virtus Investment Partners has a market capitalization of $637.48 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.
