Victory Capital Holdings (VCTR)

• Market cap: $4.3B
• 1 day: 0.91%
• 5 days: 7.84%
• 1 month: 4.04%
• 3 months: 9.30%
• 6 months: 26.32%
• Year to date: 0.55%
• 1 year: 94.65%
• 5 years: 209.98%
• 10 years: 470.52%
• Sector: Financials
• Industry: Investment Advice

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 Q3 regulatory filings by fund managers ($100M+ AUM)

209% more call options, than puts

Call options by funds: $870K | Put options by funds: $282K

75% more funds holding in top 10

Funds holding in top 10: 4 [Q2] → 7 (+3) [Q3]

33% more first-time investments, than exits

New positions opened: 40 | Existing positions closed: 30

18% more capital invested

Capital invested by funds: $2.37B [Q2] → $2.81B (+$434M) [Q3]

4% more funds holding

Funds holding: 231 [Q2] → 240 (+9) [Q3]

1.03% more ownership

Funds ownership: 76.9% [Q2] → 77.93% (+1.03%) [Q3]

8% more repeat investments, than reductions

Existing positions increased: 85 | Existing positions reduced: 79

Research analyst outlook

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

• Low target: $60 9% downside
• Avg. target: $68 3% upside
• High target: $78 18% upside

7 analyst ratings

• positive: 3 43%
• neutral: 4 57%
• negative: 0 0%

Barclays Benjamin Budish 77% 1-year accuracy 88 / 115 met price target	6% upside $70	Equal-Weight Maintained	17 Jan 2025
B. Riley Securities Matt Howlett 26% 1-year accuracy 5 / 19 met price target	9% downside $60	Neutral Downgraded	7 Jan 2025
Morgan Stanley Michael Cyprys 83% 1-year accuracy 24 / 29 met price target	0% downside $66	Equal-Weight Maintained	20 Dec 2024
BMO Capital Etienne Ricard 75% 1-year accuracy 9 / 12 met price target	18% upside $78	Outperform Maintained	19 Dec 2024
RBC Capital Kenneth Lee 73% 1-year accuracy 44 / 60 met price target	9% upside $72	Outperform Maintained	14 Nov 2024