Virtus Investment Partners, Stock Today

VRTS Stock  USD 239.49  5.01  2.14%   

Performance

6 of 100

 
Weak
 
Strong
Modest

Odds Of Distress

Less than 3

 
High
 
Low
Very Low
Virtus Investment is selling for under 239.49 as of the 21st of November 2024; that is 2.14% up since the beginning of the trading day. The stock's lowest day price was 231.9. Virtus Investment has a very small chance of experiencing financial distress in the next few years but had a somewhat modest performance during the last 90 days. Equity ratings for Virtus Investment Partners, are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 22nd of October 2024 and ending today, the 21st of November 2024. Click here to learn more.
Business Domain
Financial Services
IPO Date
12th of March 1992
Classification
Financials
Virtus Investment Partners, Inc. is a publicly owned investment manager. Virtus Investment Partners, Inc. was founded in 1988 and is based in Hartford, Connecticut. Virtus Investment operates under Asset Management classification in the United States and is traded on NASDAQ Exchange. The company has 7.02 M outstanding shares of which 70.39 K shares are at this time shorted by private and institutional investors with about 2.36 trading days to cover. More on Virtus Investment Partners,

Moving together with Virtus Stock

  0.71AC Associated CapitalPairCorr
  0.97GS Goldman Sachs Group Fiscal Year End 21st of January 2025 PairCorr
  0.86MC MoelisPairCorr
  0.94MS Morgan Stanley Fiscal Year End 21st of January 2025 PairCorr
  0.91SF Stifel Financial Earnings Call This WeekPairCorr

Moving against Virtus Stock

  0.58PT Pintec TechnologyPairCorr
  0.56XP Xp Inc Downward RallyPairCorr
  0.54GROW US Global InvestorsPairCorr

Virtus Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEO PresidentCPA Aylward
Business ConcentrationAsset Management & Custody Banks, Financial Services, NYSE Composite, SP Small-Cap 600, NASDAQ Composite Total, Financials, Capital Markets, Asset Management, Financial Services (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.03730.0355
Sufficiently Up
Slightly volatile
Asset Turnover0.220.2287
Sufficiently Down
Slightly volatile
Gross Profit Margin0.460.519
Fairly Down
Very volatile
Total Current Liabilities149 M146.6 M
Fairly Up
Slightly volatile
Non Current Liabilities Total2.7 B2.6 B
Sufficiently Up
Slightly volatile
Total Assets3.9 B3.7 B
Sufficiently Up
Slightly volatile
Total Current Assets296.9 M450.1 M
Way Down
Slightly volatile
Debt Levels
Virtus Investment can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Virtus Investment's financial leverage. It provides some insight into what part of Virtus Investment's total assets is financed by creditors.
Liquidity
Virtus Investment Partners, currently holds 2.18 B in liabilities with Debt to Equity (D/E) ratio of 0.38, which is about average as compared to similar companies. Virtus Investment has a current ratio of 2.69, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Virtus Investment's use of debt, we should always consider it together with its cash and equity.

Dividends Paid

54.65 Million
Virtus Investment Partners, (VRTS) is traded on NASDAQ Exchange in USA. It is located in One Financial Plaza, Hartford, CT, United States, 06103 and employs 824 people. Virtus Investment is listed under Asset Management & Custody Banks category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.65 B. Virtus Investment conducts business under Capital Markets sector and is part of Financials industry. The entity has 7.02 M outstanding shares of which 70.39 K shares are at this time shorted by private and institutional investors with about 2.36 trading days to cover. Virtus Investment Partners, currently holds about 358.2 M in cash with 237.16 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 49.24.
Check Virtus Investment Probability Of Bankruptcy
Ownership Allocation
The market capitalization of Virtus Investment is $1.65 Billion. The majority of Virtus Investment outstanding shares are owned by institutional holders. These institutional investors are usually referred to as non-private investors looking to take positions in Virtus Investment to benefit from reduced commissions. Consequently, institutions are subject to a different set of regulations than regular investors in Virtus Investment. Please pay attention to any change in the institutional holdings of Virtus Investment Partners, as this could imply that something significant has changed or is about to change at the company. Please take into account that even companies with profitable outlook can generate negative future returns on their equity. If the true value of the company is less than the current market value, you may not be able generate positive returns on investment in the long run.
Check Virtus Ownership Details

Virtus Stock Institutional Holders

InstituionRecorded OnShares
Victory Capital Management Inc.2024-09-30
98.6 K
Basswood Capital Management Llc2024-06-30
98.2 K
Bank Of New York Mellon Corp2024-06-30
96.9 K
Northern Trust Corp2024-09-30
96.3 K
Brown Advisory Holdings Inc2024-09-30
87.7 K
T. Rowe Price Associates, Inc.2024-06-30
82.3 K
Fisher Asset Management, Llc2024-09-30
68.4 K
American Century Companies Inc2024-09-30
61.2 K
Norges Bank2024-06-30
60.3 K
Blackrock Inc2024-06-30
1.1 M
Vanguard Group Inc2024-09-30
900.9 K
View Virtus Investment Diagnostics

Virtus Investment Historical Income Statement

At this time, Virtus Investment's Total Other Income Expense Net is comparatively stable compared to the past year. Net Income is likely to gain to about 137.2 M in 2024, whereas EBIT is likely to drop slightly above 111.6 M in 2024. View More Fundamentals

Virtus Stock Against Markets

Virtus Investment Corporate Management

Additional Tools for Virtus Stock Analysis

When running Virtus Investment's price analysis, check to measure Virtus Investment's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Virtus Investment is operating at the current time. Most of Virtus Investment's value examination focuses on studying past and present price action to predict the probability of Virtus Investment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Virtus Investment's price. Additionally, you may evaluate how the addition of Virtus Investment to your portfolios can decrease your overall portfolio volatility.