Virtus Investment Partners Company Profile (NASDAQ:VRTS)

About Virtus Investment Partners (NASDAQ:VRTS)

Virtus Investment Partners logoVirtus 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: Investment Management
  • Sub-Industry: Asset Management & Custody Banks
  • Symbol: NASDAQ:VRTS
  • CUSIP: 92828Q10
  • Web: www.virtus.com
Capitalization:
  • Market Cap: $818.76 million
  • Outstanding Shares: 6,989,000
Average Prices:
  • 50 Day Moving Avg: $110.62
  • 200 Day Moving Avg: $109.09
  • 52 Week Range: $81.39 - $128.10
P/E:
  • Trailing P/E Ratio: 18.17
  • Foreward P/E Ratio: 11.51
  • P/E Growth: 0.46
Sales & Book Value:
  • Annual Revenue: $322.04 million
  • Price / Sales: 2.54
  • Book Value: $63.18 per share
  • Price / Book: 1.85
Dividend:
  • Annual Dividend: $1.80
  • Dividend Yield: 1.6%
Profitability:
  • EBIDTA: $62.46 million
  • Net Margins: 15.27%
  • Return on Equity: 10.71%
  • Return on Assets: 4.86%
Debt:
  • Current Ratio: 9.26%
  • Quick Ratio: 9.26%
Misc:
  • Average Volume: 51,432 shs.
  • Beta: 1.71
  • Short Ratio: 14.61
 
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 given a dividend of $0.45 per share on Monday, August 14th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 1.54%. 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) released its quarterly earnings data 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 business had revenue of $79.78 million for the quarter, compared to the consensus estimate of $80.67 million. Virtus Investment Partners had a net margin of 15.27% and a return on equity of 10.71%. The company's revenue was down .6% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.12 EPS. 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 Friday, July, 28th 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?

4 brokerages have issued twelve-month price objectives for Virtus Investment Partners' shares. Their predictions range from $110.00 to $110.00. On average, they anticipate Virtus Investment Partners' share 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?

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 a number of of institutional and retail investors. Top institutional investors include Peregrine Capital Management LLC (2.52%), Bank of Montreal Can (0.35%), Dalton Greiner Hartman Maher & Co. (0.15%), Louisiana State Employees Retirement System (0.04%), Aperio Group LLC (0.03%) and State of Alaska Department of Revenue (0.02%). 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 Bank of Montreal Can, Peregrine Capital Management LLC and Dalton Greiner Hartman Maher & Co.. 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 purchased by a variety of institutional investors in the last quarter, including Aperio Group LLC, State of Alaska Department of Revenue and Louisiana State Employees Retirement System. 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 $117.15.


MarketBeat Community Rating for Virtus Investment Partners (NASDAQ VRTS)
Community Ranking:  1.3 out of 5 ()
Outperform Votes:  70 (Vote Outperform)
Underperform Votes:  199 (Vote Underperform)
Total Votes:  269
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.

Analyst Ratings

Consensus Ratings for Virtus Investment Partners (NASDAQ:VRTS) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Sell Rating, 3 Hold Ratings
Consensus Rating:Hold (Score: 1.75)
Consensus Price Target: $110.00 (6.10% downside)

Analysts' Ratings History for Virtus Investment Partners (NASDAQ:VRTS)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
7/17/2017Morgan StanleySet Price TargetHold$114.00 -> $110.00LowView Rating Details
4/30/2017Jefferies Group LLCSet Price TargetHold$110.00LowView Rating Details
1/31/2017Bank of America CorporationInitiated CoverageUnderperform -> Underperform$110.00N/AView Rating Details
11/7/2016Credit Suisse GroupReiterated RatingHold$110.00N/AView Rating Details
4/12/2016Sandler O'NeillLower Price Target$91.00 -> $71.00N/AView Rating Details
8/4/2015Raymond James Financial, Inc.DowngradeOutperform -> Market PerformN/AView Rating Details
(Data available from 7/25/2015 forward)

Earnings

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)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
7/27/2017$1.59N/AView Earnings Details
4/28/2017Q1 2017$1.62$1.16$80.67 million$79.78 millionViewN/AView Earnings Details
1/25/2017Q416$1.80$1.75$81.07 million$79.90 millionViewN/AView Earnings Details
10/28/2016Q316$1.48$1.64$80.77 million$82.30 millionViewListenView Earnings Details
7/29/2016Q216$1.32$1.24$78.86 million$80.10 millionViewListenView Earnings Details
4/29/2016Q1$1.08$1.12$81.08 million$80.30 millionViewListenView Earnings Details
1/29/2016Q415$1.51$1.37$85.95 million$86.10 millionViewListenView Earnings Details
10/30/2015Q315$2.00$1.74$92.81 million$92.40 millionViewListenView Earnings Details
7/31/2015Q215$2.11$2.21$91.11 million$99.70 millionViewListenView Earnings Details
5/11/2015Q115$2.36$2.11$104.85 million$103.80 millionViewListenView Earnings Details
1/29/2015Q414$2.42$2.05$112.00 million$112.14 millionViewN/AView Earnings Details
10/28/2014Q314$2.53$2.35$117.61 million$117.80 millionViewN/AView Earnings Details
7/28/2014Q214$2.57$2.10$113.53 million$112.70 millionViewN/AView Earnings Details
4/29/2014Q1$2.37$2.34$108.86 million$107.87 millionViewListenView Earnings Details
1/29/2014Q413$2.44$2.65$105.10 million$80.00 millionViewListenView Earnings Details
10/29/2013Q313$2.29$2.56$98.14 million$100.41 millionViewN/AView Earnings Details
7/30/2013Q2 2013$2.01$1.91$94.14 million$96.14 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Virtus Investment Partners (NASDAQ:VRTS)
2017 EPS Consensus Estimate: $7.77
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171$1.60$1.60$1.60
Q2 20171$1.66$1.66$1.66
Q3 20171$2.18$2.18$2.18
Q4 20171$2.33$2.33$2.33
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Virtus Investment Partners (NASDAQ:VRTS)
Next Dividend:8/14/2017
Annual Dividend:$1.80
Dividend Yield:1.54%
Payout Ratio:27.91% (Trailing 12 Months of Earnings)
24.03% (Based on This Year's Estimates)
17.68% (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)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
5/23/2017quarterly$0.451.73%7/27/20177/31/20178/14/2017
2/17/2017quarterly$0.451.62%4/26/20174/28/20175/10/2017
12/8/2016Quarterly$0.451/27/20171/31/20172/10/2017
8/18/2016Quarterly$0.4510/27/201610/31/201611/11/2016
5/26/2016Quarterly$0.457/27/20167/29/20168/12/2016
2/18/2016Quarterly$0.454/27/20164/29/20165/13/2016
12/17/2015Quarterly$0.451/27/20161/29/20162/12/2016
8/17/2015Quarterly$0.4510/28/201510/31/201511/13/2015
5/29/2015quarterly$0.451.45%7/29/20157/31/20158/14/2015
2/20/2015quarterly$0.451.24%4/28/20154/30/20155/13/2015
12/10/2014quarterly$0.451.13%1/28/20151/30/20152/13/2015
8/14/2014quarterly$0.450.87%10/29/201410/31/201411/14/2014
5/15/2014quarterly$0.457/29/20147/31/20148/14/2014
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Virtus Investment Partners (NASDAQ:VRTS)
Insider Ownership Percentage: 4.30%
Institutional Ownership Percentage: 98.41%
Insider Trades by Quarter for Virtus Investment Partners (NASDAQ:VRTS)
Institutional Ownership by Quarter for Virtus Investment Partners (NASDAQ:VRTS)
Insider Trades by Quarter for Virtus Investment Partners (NASDAQ:VRTS)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
10/27/2016Of Montreal /Can/ BankMajor ShareholderSell1,727,746$93.50$161,544,251.00View SEC Filing  
12/1/2015William Patrick Bradley IIISVPSell210$140.00$29,400.00View SEC Filing  
9/5/2014Michael A AngerthalCFOBuy135$179.77$24,268.95View SEC Filing  
12/17/2013Francis WaltmanEVPSell3,000$203.73$611,190.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Virtus Investment Partners (NASDAQ:VRTS)
Latest Headlines for Virtus Investment Partners (NASDAQ:VRTS)
Source:
DateHeadline
americanbankingnews.com logoBidaskClub Lowers Virtus Investment Partners, Inc. (NASDAQ:VRTS) to Hold
www.americanbankingnews.com - July 25 at 2:14 PM
americanbankingnews.com logoVirtus Investment Partners, Inc. (VRTS) Given Average Recommendation of "Hold" by Analysts
www.americanbankingnews.com - July 24 at 11:37 AM
americanbankingnews.com logoHead-To-Head Contrast: Ares Management L.P. (ARES) vs. Virtus Investment Partners (NASDAQ:VRTS)
www.americanbankingnews.com - July 20 at 2:32 PM
americanbankingnews.com logoVirtus Investment Partners, Inc. (NASDAQ:VRTS) Scheduled to Post Earnings on Thursday
www.americanbankingnews.com - July 20 at 7:41 AM
americanbankingnews.com logoMorgan Stanley Lowers Virtus Investment Partners, Inc. (VRTS) Price Target to $110.00
www.americanbankingnews.com - July 17 at 5:58 PM
americanbankingnews.com logoVirtus Investment Partners, Inc. (NASDAQ:VRTS) Raised to Buy at BidaskClub
www.americanbankingnews.com - July 16 at 8:16 PM
finance.yahoo.com logoVirtus Investment Partners Reports Preliminary June 30, 2017 Assets Under Management
finance.yahoo.com - July 14 at 9:50 AM
seekingalpha.com logoVirtus Investment Partners reports June AUM
seekingalpha.com - July 14 at 9:20 AM
americanbankingnews.com logoVirtus Investment Partners, Inc. (NASDAQ:VRTS) Forecasted to Post Q2 2017 Earnings of $1.66 Per Share
www.americanbankingnews.com - July 13 at 8:13 AM
americanbankingnews.com logoVirtus Investment Partners, Inc. (VRTS) Rating Reiterated by Morgan Stanley
www.americanbankingnews.com - July 10 at 10:33 AM
americanbankingnews.com logoReviewing The Carlyle Group L.P. (CG) and Virtus Investment Partners (VRTS)
www.americanbankingnews.com - July 4 at 12:30 PM
finance.yahoo.com logoVirtus ETF Solutions Launches Alternative ETF
finance.yahoo.com - June 29 at 7:54 AM
americanbankingnews.com logoVirtus Investment Partners, Inc. (VRTS) Given Average Rating of "Hold" by Brokerages
www.americanbankingnews.com - June 27 at 10:56 AM
finance.yahoo.com logoETFs with exposure to Virtus Investment Partners, Inc. : June 15, 2017
finance.yahoo.com - June 15 at 3:54 PM
americanbankingnews.com logoVirtus Investment Partners, Inc. (VRTS) Downgraded by Zacks Investment Research
www.americanbankingnews.com - June 14 at 2:18 PM
finance.yahoo.com logoVirtus Investment Partners, Inc. breached its 50 day moving average in a Bullish Manner : VRTS-US : June 9, 2017
finance.yahoo.com - June 10 at 2:12 AM
finance.yahoo.com logoVirtus Total Return Fund Inc. Declares Distribution And Discloses Sources Of Distribution -- Section 19(a) Notice
finance.yahoo.com - June 8 at 1:55 AM
finance.yahoo.com logoVirtus Investment Partners Completes Acquisition of RidgeWorth Investments
finance.yahoo.com - June 2 at 5:47 AM
americanbankingnews.com logoVirtus Investment Partners Inc (VRTS) Given Average Rating of "Hold" by Analysts
www.americanbankingnews.com - June 1 at 10:04 AM
americanbankingnews.com logoVirtus Investment Partners Inc (VRTS) Receives New Coverage from Analysts at Morgan Stanley
www.americanbankingnews.com - June 1 at 8:34 AM
americanbankingnews.com logoQ2 2017 Earnings Estimate for Virtus Investment Partners Inc (VRTS) Issued By Jefferies Group
www.americanbankingnews.com - May 26 at 7:53 AM
americanbankingnews.com logoQ3 2017 EPS Estimates for Virtus Investment Partners Inc (VRTS) Boosted by Analyst
www.americanbankingnews.com - May 25 at 7:36 AM
finance.yahoo.com logoUpdate 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
americanbankingnews.com logoVirtus Investment Partners Inc (VRTS) Plans Quarterly Dividend of $0.45
www.americanbankingnews.com - May 23 at 5:52 PM
streetinsider.com logoVirtus Investment Partners (VRTS) Declares $0.45 Quarterly Dividend; 1.7% Yield
www.streetinsider.com - May 23 at 8:18 AM
finance.yahoo.com logoVirtus Investment Partners Declares Quarterly Cash Dividends On Common and Preferred Stock
finance.yahoo.com - May 22 at 7:37 PM
finance.yahoo.com logoETFs with exposure to Virtus Investment Partners, Inc. : May 12, 2017
finance.yahoo.com - May 12 at 8:31 PM
finance.yahoo.com logoVirtus Investment Partners, Inc. :VRTS-US: Earnings Analysis: Q1, 2017 By the Numbers : May 10, 2017
finance.yahoo.com - May 11 at 3:17 AM
americanbankingnews.com logoVirtus Investment Partners (VRTS) Receives Media Impact Rating of -0.07
www.americanbankingnews.com - May 2 at 1:18 PM
americanbankingnews.com logoJefferies Group LLC Analysts Give Virtus Investment Partners Inc (VRTS) a $110.00 Price Target
www.americanbankingnews.com - May 1 at 7:06 PM
finance.yahoo.com logoVirtus 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
seekingalpha.com logoVirtus Investment Partners, Inc. 2017 Q1 - Results - Earnings Call Slides
seekingalpha.com - April 29 at 1:03 AM
americanbankingnews.com logoVirtus Investment Partners Inc (VRTS) Announces Earnings Results, Misses Estimates By $0.46 EPS
www.americanbankingnews.com - April 28 at 4:48 PM
americanbankingnews.com logoVirtus Investment Partners (VRTS) Earning Somewhat Favorable Media Coverage, Study Shows
www.americanbankingnews.com - April 28 at 1:36 PM
reuters.com logoBRIEF-Virtus Investment Partners Q1 earnings per share $1.62
www.reuters.com - April 28 at 10:32 AM
prnewswire.com logoVirtus Investment Partners Announces Financial Results for the First Quarter 2017
www.prnewswire.com - April 28 at 10:32 AM
marketbeat.com logoVirtus posts 1Q profit
marketbeat.com - April 28 at 8:03 AM
finance.yahoo.com logoInvestment Managers' Earnings on Apr 28: BEN, APO, VRTS
finance.yahoo.com - April 27 at 11:49 AM
finance.yahoo.com logoVirtus 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
americanbankingnews.com logoSomewhat Positive Press Coverage Likely to Impact Virtus Investment Partners (VRTS) Share Price
www.americanbankingnews.com - April 25 at 3:29 PM
nasdaq.com logoEx-Dividend Reminder: Northwest Natural Gas, NiSource and Virtus Investment Partners
www.nasdaq.com - April 24 at 6:56 PM
finance.yahoo.com logoVirtus Investment Partners To Announce First Quarter 2017 Results on April 28
finance.yahoo.com - April 24 at 6:56 PM
americanbankingnews.com logoVirtus Investment Partners (VRTS) Receiving Somewhat Positive Press Coverage, AlphaOne Reports
www.americanbankingnews.com - April 22 at 9:13 AM
finance.yahoo.com logoA High-Quality, High-Conviction Small-Cap Fund
finance.yahoo.com - April 17 at 8:16 AM
americanbankingnews.com logoVery Favorable News Coverage Extremely Likely to Impact Virtus Investment Partners (VRTS) Share Price
www.americanbankingnews.com - April 16 at 8:30 AM
americanbankingnews.com logoVirtus Investment Partners Inc (VRTS) Upgraded to "Hold" at Zacks Investment Research
www.americanbankingnews.com - April 14 at 9:31 AM
americanbankingnews.com logoVirtus Investment Partners Inc (VRTS) Expected to Post Q1 2017 Earnings of $1.60 Per Share
www.americanbankingnews.com - April 14 at 8:08 AM
americanbankingnews.com logoVirtus Investment Partners (VRTS) Receives Media Sentiment Rating of 0.05
www.americanbankingnews.com - April 13 at 2:28 PM
finance.yahoo.com logoVirtus 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
finance.yahoo.com logoVirtus Investment Partners Reports Preliminary March 31, 2017 Assets Under Management
finance.yahoo.com - April 12 at 10:45 AM

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Virtus Investment Partners (VRTS) Chart for Tuesday, July, 25, 2017

This page was last updated on 7/25/2017 by MarketBeat.com Staff