Victory Capital HoldingsVCTR
Market Cap: $3.32B
About: Victory Capital Holdings Inc is an independent investment management firm. The company operates its business through franchises and solutions platform. It provides centralized distribution, marketing, and operations infrastructure to the company's franchises and solutions platform. The company operates through one business segment that is Investment management services and products to institutional, intermediary, retirement platforms, and individual investors. The franchises and solutions platform manages a variety of investment strategies for its customers. It derives majority of its revenues from asset-based fees from investment management products and services to individuals and institutions.
Employees: 481
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
264% more call options, than puts
Call options by funds: $539K | Put options by funds: $148K
14% more first-time investments, than exits
New positions opened: 49 | Existing positions closed: 43
13% more capital invested
Capital invested by funds: $2.07B [Q1] → $2.34B (+$266M) [Q2]
3% more funds holding
Funds holding: 225 [Q1] → 231 (+6) [Q2]
5% more repeat investments, than reductions
Existing positions increased: 77 | Existing positions reduced: 73
0% more funds holding in top 10
Funds holding in top 10: 4 [Q1] → 4 (+0) [Q2]
0.22% less ownership
Funds ownership: 75.87% [Q1] → 75.66% (-0.22%) [Q2]
Research analyst outlook
8 Wall Street Analysts provided 1 year price targets over the past 3 months
8 analyst ratings
Barclays Benjamin Budish 72% 1-year accuracy 52 / 72 met price target | 13%upside $58 | Equal-Weight Initiated | 27 Aug 2024 |
JP Morgan Kenneth Worthington 55% 1-year accuracy 18 / 33 met price target | 4%downside $49 | Neutral Maintained | 19 Aug 2024 |
RBC Capital Kenneth Lee 76% 1-year accuracy 42 / 55 met price target | 7%upside $55 | Outperform Maintained | 13 Aug 2024 |
Goldman Sachs Alexander Blostein 75% 1-year accuracy 15 / 20 met price target | 15%upside $59 | Buy Maintained | 13 Aug 2024 |
Morgan Stanley Michael Cyprys 60% 1-year accuracy 18 / 30 met price target | 22%downside $40 | Underweight Maintained | 13 Aug 2024 |
Financial journalist opinion
Based on 6 articles about VCTR published over the past 30 days