Virtus Investment Partners
VRTS

$197.04

2.41%

Market Cap: $1.4B

About: Virtus Investment Partners Inc provides investment management and related services to individuals and institutions. Its retail products include open-end mutual funds, closed-end funds, exchange-traded funds, and variable insurance funds. Geographically, the activities are carried out through the region of the U.S. and the group generates revenue through investment management fees, distribution and service fees and administration and shareholder service fees.

Employees: 824

Financials Investment Advice

0

Funds holding %

of 6,686 funds

0

Analysts bullish %

of 4 analysts

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

41% more first-time investments, than exits

New positions opened: 38 | Existing positions closed: 27

5% more funds holding

Funds holding: 211 [Q1] → 222 (+11) [Q2]

0% more funds holding in top 10

Funds holding in top 10: 1 [Q1] → 1 (+0) [Q2]

4% less repeat investments, than reductions

Existing positions increased: 69 | Existing positions reduced: 72

1.46% less ownership

Funds ownership: 81.9% [Q1] → 80.44% (-1.46%) [Q2]

10% less capital invested

Capital invested by funds: $1.44B [Q1] → $1.29B (-$145M) [Q2]

See Fund Rankings

Research analyst outlook

4 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$206

5%

upside

Avg. target

$231

17%

upside

High target

$264

34%

upside

4 analyst ratings

1 positive

25%

1 neutral

25%

2 negative

50%

Barclays Benjamin Budish 72% 1-year accuracy 52 / 72 met price target	5%upside $206	Underweight Initiated	27 Aug 2024
Morgan Stanley Michael Cyprys 60% 1-year accuracy 18 / 30 met price target	6%upside $208	Underweight Maintained	29 Jul 2024
Piper Sandler Crispin Love 40% 1-year accuracy 10 / 25 met price target	34%upside $264	Overweight Maintained	10 Jul 2024
TD Cowen Bill Kirk 45% 1-year accuracy 10 / 22 met price target	25%upside $247	Hold Maintained	8 Jul 2024

See Analyst Rankings

Financial journalist opinion

Based on 3 articles about VRTS published over the past 30 days

Zacks Investment Research

Virtus Investment (VRTS) Hikes Its Quarterly Dividend by 18%

Virtus Investment (VRTS) increases its quarterly cash dividend to $2.25, marking an increase of 18%.

Virtus Investment (VRTS) Hikes Its Quarterly Dividend by 18%

Virtus Investment Partners Increases Quarterly Common Stock Dividend 18% to $2.25 Per Share

HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Investment Partners, Inc. (NYSE: VRTS), which operates a multi-boutique asset management business, today announced that its Board of Directors has declared a quarterly common stock cash dividend of $2.25 per share, representing an 18% increase from the previous quarterly dividend of $1.90 per share. "We are pleased to raise our dividend for the seventh consecutive year, reflecting the strength and stability of our financial position and confidence in our.

Virtus Investment Partners Increases Quarterly Common Stock Dividend 18% to $2.25 Per Share

Virtus Investment Partners Reports Preliminary July 31, 2024 Assets Under Management

HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Investment Partners, Inc. (NYSE: VRTS) today reported preliminary assets under management (AUM) of $178.1 billion and other fee earning assets of $2.5 billion for total client assets of $180.6 billion as of July 31, 2024. The increase in AUM from June 30, 2024 primarily reflects market performance and positive net flows in retail separate accounts, partially offset by net outflows in institutional accounts and open-end funds. Preliminary average AUM for.

Virtus Investment Partners Reports Preliminary July 31, 2024 Assets Under Management

Virtus Investment Partners, Inc. (VRTS) Q2 2024 Earnings Call Transcript

Virtus Investment Partners, Inc. (NYSE:VRTS ) Q2 2024 Earnings Conference Call July 26, 2024 10:00 AM ET Company Participants Sean Rourke - IR George Aylward - CEO Mike Angerthal - CFO Conference Call Participants Crispin Love - Piper Sandler Bradley Hays - TD Cowen Michael Cyprys - Morgan Stanley Operator Good morning. My name is Dede, and I will be your conference operator today.

Virtus Investment Partners, Inc. (VRTS) Q2 2024 Earnings Call Transcript

Zacks Investment Research

Virtus Investment Partners (VRTS) Q2 Earnings and Revenues Lag Estimates

Virtus Investment Partners (VRTS) came out with quarterly earnings of $6.53 per share, missing the Zacks Consensus Estimate of $6.61 per share. This compares to earnings of $5.43 per share a year ago.

Virtus Investment Partners (VRTS) Q2 Earnings and Revenues Lag Estimates

Virtus Investment Partners Announces Financial Results for Second Quarter 2024

HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Investment Partners, Inc. (NYSE: VRTS) today reported financial results for the three months ended June 30, 2024. Financial Highlights (Unaudited) (in millions, except per share data or as noted) Three Months Ended Three Months Ended 6/30/2024 6/30/2023 Change 3/31/2024 Change U.S. GAAP Financial Measures Revenues $ 224.4 $ 213.5 5 % $ 222.0 1 % Operating expenses $ 180.2 $ 174.5 3 % $.

Virtus Investment Partners Announces Financial Results for Second Quarter 2024

Zacks Investment Research

Virtus Investment Partners (VRTS) Earnings Expected to Grow: Should You Buy?

Virtus (VRTS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Virtus Investment Partners (VRTS) Earnings Expected to Grow: Should You Buy?

Zacks Investment Research

Are You Looking for a High-Growth Dividend Stock?

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Virtus Investment Partners (VRTS) have what it takes?

Are You Looking for a High-Growth Dividend Stock?

Virtus Investment Partners to Announce Second Quarter 2024 Results on Friday, July 26

HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Investment Partners, Inc. (NYSE: VRTS), which operates a multi-boutique asset management business, today announced that it will release its financial results for the second quarter of 2024 before the market opens on Friday, July 26, 2024. George R. Aylward, president and chief executive officer, and Michael A. Angerthal, executive vice president and chief financial officer, will host a conference call and webcast with the investment community at 10:00 a.

Virtus Investment Partners to Announce Second Quarter 2024 Results on Friday, July 26

Virtus Investment Partners Reports Preliminary June 30, 2024 Assets Under Management

HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Investment Partners, Inc. (NYSE: VRTS) today reported preliminary assets under management (AUM) of $173.6 billion and other fee earning assets of $2.6 billion for total client assets of $176.2 billion as of June 30, 2024. The decrease in AUM from March 31, 2024 primarily reflects market performance and net outflows due to institutional accounts and open-end funds, partially offset by positive net flows in retail separate accounts. Preliminary average AUM.

Virtus Investment Partners Reports Preliminary June 30, 2024 Assets Under Management

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