NASDAQ:VRTS - Virtus Investment Partners Stock Price, Price Target & More

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$128.30 -1.40 (-1.08 %)
(As of 07/19/2018 04:00 PM ET)
Previous Close$129.70
Today's Range$128.05 - $131.90
52-Week Range$103.81 - $138.02
Volume46,944 shs
Average Volume55,921 shs
Market Capitalization$927.80 million
P/E Ratio16.71
Dividend Yield1.40%
Beta1.52
Virtus Investment Partners logoVirtus 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.

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Industry, Sector and Symbol

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

Debt

Debt-to-Equity Ratio0.48
Current Ratio32.03
Quick Ratio32.03

Price-To-Earnings

Trailing P/E Ratio16.71
Forward P/E Ratio10.36
P/E Growth0.4

Sales & Book Value

Annual Sales$425.61 million
Price / Sales2.18
Cash Flow$12.7156 per share
Price / Cash10.09
Book Value$69.07 per share
Price / Book1.86

Profitability

EPS (Most Recent Fiscal Year)$7.68
Net Income$37.01 million
Net Margins9.96%
Return on Equity15.49%
Return on Assets3.01%

Miscellaneous

Employees543
Outstanding Shares7,220,000
Market Cap$927.80

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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 Wednesday, May 16th. Shareholders of record on Tuesday, July 31st will be given a dividend of $0.45 per share on Wednesday, August 15th. This represents a $1.80 annualized dividend and a yield of 1.40%. The ex-dividend date is Monday, July 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, April, 27th. The closed-end fund reported $2.59 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.40 by $0.19. The closed-end fund earned $129 million during the quarter, compared to the consensus estimate of $129.64 million. Virtus Investment Partners had a net margin of 9.96% and a return on equity of 15.49%. The firm's quarterly revenue was up 61.7% on a year-over-year basis. During the same quarter last year, the company earned $1.62 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 Thursday, July, 26th 2018. View Earnings Estimates for Virtus Investment Partners.

What price target have analysts set for VRTS?

7 equities research analysts have issued 12-month target prices for Virtus Investment Partners' shares. Their forecasts range from $127.00 to $173.00. On average, they anticipate Virtus Investment Partners' stock price to reach $139.4286 in the next twelve months. This suggests a possible upside of 8.4% from the stock's current price. View Analyst Ratings for Virtus Investment Partners.

What is the consensus analysts' recommendation for Virtus Investment Partners?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Virtus Investment Partners in the last year. There are currently 6 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold."

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 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)

Has Virtus Investment Partners been receiving favorable news coverage?

Media headlines about VRTS stock have trended somewhat positive on Thursday, Accern Sentiment reports. The research firm ranks the sentiment of press coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Virtus Investment Partners earned a news sentiment score of 0.14 on Accern's scale. They also gave media headlines about the closed-end fund an impact score of 46.18 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the immediate future.

Who are Virtus Investment Partners' major shareholders?

Virtus Investment Partners' stock is owned by a number of of institutional and retail investors. Top institutional investors include Peregrine Capital Management LLC (2.29%) and Municipal Employees Retirement System of Michigan (0.03%). 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 Municipal Employees Retirement System of Michigan. 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 $128.60.

How big of a company is Virtus Investment Partners?

Virtus Investment Partners has a market capitalization of $927.80 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.

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:  1.9 out of 5 (star)
Outperform Votes:  181 (Vote Outperform)
Underperform Votes:  301 (Vote Underperform)
Total Votes:  482
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 7/19/2018 by MarketBeat.com Staff

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