13,547 Shares in Victory Capital Holdings, Inc. $VCTR Acquired by Integrated Quantitative Investments LLC

Integrated Quantitative Investments LLC acquired a new position in shares of Victory Capital Holdings, Inc. (NASDAQ:VCTR) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 13,547 shares of the company’s stock, valued at approximately $877,000.

Several other institutional investors have also recently added to or reduced their stakes in the business. Principal Financial Group Inc. increased its holdings in shares of Victory Capital by 8,812.2% during the 3rd quarter. Principal Financial Group Inc. now owns 280,646 shares of the company’s stock worth $18,175,000 after buying an additional 277,497 shares during the last quarter. AlphaQuest LLC increased its position in shares of Victory Capital by 192.1% in the third quarter. AlphaQuest LLC now owns 21,698 shares of the company’s stock worth $1,405,000 after acquiring an additional 14,269 shares in the last quarter. Annex Advisory Services LLC boosted its position in shares of Victory Capital by 4.6% in the third quarter. Annex Advisory Services LLC now owns 544,078 shares of the company’s stock worth $35,234,000 after buying an additional 24,050 shares during the period. Aurora Investment Counsel purchased a new position in shares of Victory Capital in the third quarter valued at $2,205,000. Finally, Rhumbline Advisers lifted its holdings in Victory Capital by 93.8% in the 3rd quarter. Rhumbline Advisers now owns 128,360 shares of the company’s stock worth $8,313,000 after buying an additional 62,119 shares in the last quarter. 87.71% of the stock is currently owned by institutional investors and hedge funds.

Victory Capital Stock Performance

Shares of NASDAQ VCTR opened at $68.71 on Thursday. Victory Capital Holdings, Inc. has a 12 month low of $47.00 and a 12 month high of $77.78. The company has a market cap of $4.46 billion, a P/E ratio of 16.88, a P/E/G ratio of 0.72 and a beta of 1.04. The business’s 50 day moving average is $69.80 and its two-hundred day moving average is $67.08. The company has a quick ratio of 1.47, a current ratio of 1.47 and a debt-to-equity ratio of 0.40.

Victory Capital (NASDAQ:VCTR) last released its earnings results on Wednesday, February 4th. The company reported $1.78 earnings per share for the quarter, beating the consensus estimate of $1.66 by $0.12. The business had revenue of $374.12 million during the quarter, compared to analysts’ expectations of $371.09 million. Victory Capital had a net margin of 25.27% and a return on equity of 21.86%. The firm’s revenue was up 61.0% on a year-over-year basis. During the same quarter last year, the company earned $1.45 earnings per share. On average, equities analysts expect that Victory Capital Holdings, Inc. will post 6.16 EPS for the current year.

Victory Capital Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, March 25th. Stockholders of record on Tuesday, March 10th will be paid a $0.49 dividend. The ex-dividend date is Tuesday, March 10th. This represents a $1.96 dividend on an annualized basis and a dividend yield of 2.9%. Victory Capital’s dividend payout ratio (DPR) is 48.16%.

Analysts Set New Price Targets

Several brokerages recently weighed in on VCTR. Morgan Stanley lowered their price objective on Victory Capital from $70.00 to $69.00 and set an “equal weight” rating for the company in a report on Tuesday, February 3rd. Weiss Ratings reissued a “buy (b)” rating on shares of Victory Capital in a research note on Wednesday, January 21st. Royal Bank Of Canada boosted their price target on shares of Victory Capital from $78.00 to $84.00 and gave the stock an “outperform” rating in a research report on Tuesday, February 10th. JPMorgan Chase & Co. upped their price target on Victory Capital from $70.00 to $71.00 and gave the company a “neutral” rating in a report on Tuesday, January 20th. Finally, Barclays set a $69.00 price objective on Victory Capital in a report on Friday, February 6th. Five investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Victory Capital currently has an average rating of “Moderate Buy” and a consensus price target of $75.38.

Victory Capital Profile

Victory Capital (NASDAQ:VCTR) is a global investment management firm that provides a broad range of strategies across equities, fixed income, multi-asset and alternative investments. Serving institutional, intermediary and retail clients, the company delivers tailored solutions through active, research-driven portfolio management. Its product lineup includes traditional mutual funds, separately managed accounts, sub-advisory services and specialized strategies such as ESG-focused and municipal bond portfolios.

Founded in 1988, Victory Capital has expanded its capabilities via both organic growth and strategic acquisitions, integrating experienced investment teams to enhance its offerings in areas like smart beta, global equity and fixed income.