1 week Ago By ABMN Staff
JPMorgan Chase & Co. cut its holdings in shares of Victory Capital Holdings, Inc. ( NASDAQ:VCTR – Free Report ) by 35.
8% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 239,333 shares of the company’s stock after selling 133,599 shares during the quarter. JPMorgan Chase & Co.
owned about 0.37% of Victory Capital worth $15,667,000 as of its most recent SEC filing. A number of other large investors have also added to or reduced their stakes in the business.
Principal Securities Inc. boosted its position in Victory Capital by 35.2% during the fourth quarter.
Principal Securities Inc. now owns 603 shares of the company’s stock worth $39,000 after purchasing an additional 157 shares during the period. SBI Securities Co.
Ltd. acquired a new stake in shares of Victory Capital during the 4th quarter worth about $43,000. FMR LLC boosted its holdings in shares of Victory Capital by 18.
1% during the 3rd quarter. FMR LLC now owns 1,341 shares of the company’s stock worth $74,000 after buying an additional 206 shares during the period. TD Private Client Wealth LLC grew its stake in Victory Capital by 33.
9% in the 3rd quarter. TD Private Client Wealth LLC now owns 1,903 shares of the company’s stock valued at $105,000 after buying an additional 482 shares during the last quarter. Finally, Convergence Investment Partners LLC acquired a new position in Victory Capital in the 4th quarter valued at about $193,000.
Institutional investors own 87.71% of the company’s stock. Wall Street Analysts Forecast Growth A number of equities research analysts have recently issued reports on VCTR shares.
BMO Capital Markets boosted their price objective on Victory Capital from $73.00 to $82.00 and gave the stock an “outperform” rating in a report on Monday, February 10th.
JPMorgan Chase & Co. boosted their price target on Victory Capital from $62.00 to $69.
00 and gave the company a “neutral” rating in a research note on Tuesday, February 18th. Barclays increased their price objective on Victory Capital from $70.00 to $75.
00 and gave the stock an “equal weight” rating in a research report on Monday, February 10th. Morgan Stanley raised their price target on shares of Victory Capital from $64.00 to $66.
00 and gave the stock an “equal weight” rating in a research report on Friday, December 20th. Finally, Bank of America cut their price objective on shares of Victory Capital from $89.00 to $87.
00 and set a “buy” rating for the company in a report on Thursday, April 3rd. Five investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $71.
44. Victory Capital Price Performance VCTR stock opened at $55.06 on Friday.
The company’s 50-day moving average price is $60.99 and its two-hundred day moving average price is $62.70.
Victory Capital Holdings, Inc. has a 12 month low of $42.10 and a 12 month high of $73.
42. The company has a quick ratio of 1.19, a current ratio of 1.
19 and a debt-to-equity ratio of 0.84. The firm has a market cap of $3.
51 billion, a P/E ratio of 12.60, a P/E/G ratio of 0.55 and a beta of 0.
86. Victory Capital ( NASDAQ:VCTR – Get Free Report ) last announced its quarterly earnings data on Thursday, February 6th. The company reported $1.
44 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.37 by $0.07.
Victory Capital had a net margin of 32.33% and a return on equity of 31.08%.
On average, analysts anticipate that Victory Capital Holdings, Inc. will post 6.16 earnings per share for the current fiscal year.
Victory Capital Increases Dividend The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 10th. Investors of record on Tuesday, February 18th were given a dividend of $0.47 per share.
This is an increase from Victory Capital’s previous quarterly dividend of $0.44. This represents a $1.
88 annualized dividend and a dividend yield of 3.41%. The ex-dividend date of this dividend was Tuesday, February 18th.
Victory Capital’s dividend payout ratio is currently 43.02%. Victory Capital Company Profile ( Free Report ) Victory Capital Holdings, Inc, together with its subsidiaries, operates as an asset management company in the United States and internationally.
It offers investment advisory, fund administration, fund compliance, fund transfer agent, fund distribution, and other management services. The company provides specialized investment strategies to institutions, intermediaries, retirement platforms, and individual investors. Recommended Stories Want to see what other hedge funds are holding VCTR? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for Victory Capital Holdings, Inc. ( NASDAQ:VCTR – Free Report ). Receive News & Ratings for Victory Capital Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Victory Capital and related companies with MarketBeat.
com's FREE daily email newsletter ..
