Victory Capital Holdings (VCTR)

• Market cap: $4.26B
• 1 day: 4.59%
• 5 days: 1.36%
• 1 month: -1.22%
• 3 months: 18.69%
• 6 months: 35.64%
• Year to date: 94.01%
• 1 year: 92.19%
• 5 years: 212.31%
• 10 years: 464.31%
• 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]

29% more first-time investments, than exits

New positions opened: 40 | Existing positions closed: 31

18% more capital invested

Capital invested by funds: $2.36B [Q2] → $2.79B (+$431M) [Q3]

4% more funds holding

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

1.01% more ownership

Funds ownership: 76.34% [Q2] → 77.36% (+1.01%) [Q3]

8% more repeat investments, than reductions

Existing positions increased: 85 | Existing positions reduced: 79

Research analyst outlook

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

• Low target: $64 2% downside
• Avg. target: $70 6% upside
• High target: $78 19% upside

6 analyst ratings

• positive: 3 50%
• neutral: 3 50%
• negative: 0 0%

Morgan Stanley Michael Cyprys 65% 1-year accuracy 22 / 34 met price target	1% upside $66	Equal-Weight Maintained	20 Dec 2024
BMO Capital Etienne Ricard 75% 1-year accuracy 9 / 12 met price target	19% upside $78	Outperform Maintained	19 Dec 2024
RBC Capital Kenneth Lee 69% 1-year accuracy 45 / 65 met price target	10% upside $72	Outperform Maintained	14 Nov 2024
Goldman Sachs Alexander Blostein 73% 1-year accuracy 32 / 44 met price target	4% upside $68	Buy Maintained	12 Nov 2024
Barclays Benjamin Budish 69% 1-year accuracy 72 / 104 met price target	5% upside $69	Equal-Weight Maintained	11 Nov 2024