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

Sign in or create an account to add this stock to your watchlist.
$93.87 +4.67 (+5.24 %)
(As of 01/18/2019 04:00 PM ET)
Previous Close$93.87
Today's Range$89.48 - $96.13
52-Week Range$70.00 - $138.02
Volume163,478 shs
Average Volume75,614 shs
Market Capitalization$637.48 million
P/E Ratio12.22
Dividend Yield2.47%
Beta1.43
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.

Receive VRTS News and Ratings via Email

Sign-up to receive the latest news and ratings for VRTS and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

Industry Investment advice
Sub-IndustryAsset Management & Custody Banks
SectorFinance
Current SymbolNASDAQ:VRTS
CUSIP92828Q10
Phone800-248-7971

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$425.61 million
Cash Flow$13.41 per share
Book Value$69.07 per share

Profitability

Net Income$37.01 million

Miscellaneous

Employees543
Market Cap$637.48 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. Stockholders of record on Thursday, January 31st will be given 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 is Wednesday, January 30th. View Virtus Investment Partners' Dividend History.

How were Virtus Investment Partners' earnings last quarter?

Virtus Investment Partners Inc (NASDAQ:VRTS) announced its quarterly earnings results on Friday, October, 26th. The closed-end fund reported $3.64 earnings per share (EPS) for the quarter, topping the Zacks' 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 business's revenue for the quarter was up 23.0% on a year-over-year basis. During the same quarter in the previous year, the firm earned $2.30 EPS. View Virtus Investment Partners' Earnings History.

When is Virtus Investment Partners' next earnings date?

Virtus Investment Partners is scheduled to release their next quarterly earnings announcement on Friday, February 1st 2019. View Earnings Estimates for Virtus Investment Partners.

What price target have analysts set for VRTS?

5 brokerages have issued 1 year price targets for Virtus Investment Partners' shares. Their predictions range from $94.00 to $115.00. On average, they anticipate Virtus Investment Partners' share price to reach $106.60 in the next year. 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 trended somewhat positive recently, InfoTrie Sentiment reports. The research firm ranks the sentiment of press coverage by monitoring 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 closest to five being the most favorable. Virtus Investment Partners earned a coverage optimism score of 0.9 on InfoTrie's scale. They also assigned media headlines about the closed-end fund a news buzz of 2.0 out of 10, indicating that recent press coverage is very unlikely to have an impact on the stock's share price in the near term.

Who are some of Virtus Investment Partners' key competitors?

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?

Virtus Investment Partners' stock is owned by a number of of retail and institutional investors. Top institutional investors include Peregrine Capital Management LLC (2.36%) and Louisiana State Employees Retirement System (0.04%). 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 Peregrine Capital Management LLC and Louisiana State Employees Retirement System. 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 $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?

The official website for Virtus Investment Partners is http://www.virtus.com.

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)

Community Ranking:  2.0 out of 5 (star star)
Outperform Votes:  208 (Vote Outperform)
Underperform Votes:  324 (Vote Underperform)
Total Votes:  532
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.
This page was last updated on 1/19/2019 by MarketBeat.com Staff

Featured Article: Balanced Fund

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel