15,130 Shares in Victory Capital Holdings, Inc. $VCTR Purchased by Yousif Capital Management LLC

by · The Markets Daily

Yousif Capital Management LLC bought a new stake in Victory Capital Holdings, Inc. (NASDAQ:VCTR – Free Report) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 15,130 shares of the company’s stock, valued at approximately $980,000.

Other institutional investors have also recently made changes to their positions in the company. Comerica Bank lifted its holdings in Victory Capital by 5.8% in the 1st quarter. Comerica Bank now owns 7,559 shares of the company’s stock valued at $437,000 after purchasing an additional 414 shares in the last quarter. EP Wealth Advisors LLC lifted its stake in shares of Victory Capital by 7.0% in the first quarter. EP Wealth Advisors LLC now owns 4,193 shares of the company’s stock worth $243,000 after buying an additional 273 shares in the last quarter. Bosun Asset Management LLC lifted its stake in shares of Victory Capital by 10.7% in the first quarter. Bosun Asset Management LLC now owns 14,403 shares of the company’s stock worth $834,000 after buying an additional 1,387 shares in the last quarter. Clark Capital Management Group Inc. boosted its position in Victory Capital by 18.0% during the first quarter. Clark Capital Management Group Inc. now owns 152,628 shares of the company’s stock worth $8,833,000 after acquiring an additional 23,297 shares during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in Victory Capital by 4.5% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 24,469 shares of the company’s stock valued at $1,416,000 after acquiring an additional 1,060 shares in the last quarter. 87.71% of the stock is owned by institutional investors and hedge funds.

Victory Capital Stock Performance

NASDAQ VCTR opened at $63.09 on Friday. The stock has a market cap of $4.10 billion, a PE ratio of 16.09, a P/E/G ratio of 0.68 and a beta of 1.07. The company has a current ratio of 1.26, a quick ratio of 1.26 and a debt-to-equity ratio of 0.41. Victory Capital Holdings, Inc. has a twelve month low of $47.00 and a twelve month high of $73.00. The stock has a fifty day simple moving average of $62.97 and a 200-day simple moving average of $65.90.

Victory Capital (NASDAQ:VCTR – Get Free Report) last issued its quarterly earnings data on Thursday, November 6th. The company reported $1.63 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.60 by $0.03. The firm had revenue of $361.20 million for the quarter, compared to analyst estimates of $361.14 million. Victory Capital had a net margin of 25.27% and a return on equity of 24.23%. Victory Capital’s revenue was up 60.1% on a year-over-year basis. During the same period in the previous year, the firm earned $1.35 EPS. Equities analysts anticipate that Victory Capital Holdings, Inc. will post 6.16 earnings per share for the current year.

Victory Capital Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 23rd. Stockholders of record on Wednesday, December 10th were issued a $0.49 dividend. This represents a $1.96 annualized dividend and a dividend yield of 3.1%. The ex-dividend date was Wednesday, December 10th. Victory Capital’s dividend payout ratio is currently 50.00%.

Analyst Ratings Changes

A number of research analysts have weighed in on the stock. Weiss Ratings reissued a “buy (b)” rating on shares of Victory Capital in a research note on Wednesday, October 8th. Bank of America increased their price target on Victory Capital from $83.00 to $84.00 and gave the company a “buy” rating in a report on Thursday, October 2nd. The Goldman Sachs Group reissued a “buy” rating and set a $76.00 price objective on shares of Victory Capital in a research note on Tuesday, September 23rd. Barclays cut their target price on Victory Capital from $72.00 to $68.00 and set an “equal weight” rating for the company in a research note on Tuesday, October 21st. Finally, JPMorgan Chase & Co. reduced their price target on Victory Capital from $71.00 to $70.00 and set a “neutral” rating on the stock in a report on Monday, November 10th. Six analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $75.00.

Check Out Our Latest Stock Analysis on VCTR

Victory Capital Profile

(Free Report)

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.

Featured Stories