Vista Finance LLC Has $416,000 Stake in Victory Capital Holdings, Inc. $VCTR

Vista Finance LLC boosted its position in shares of Victory Capital Holdings, Inc. (NASDAQ:VCTR) by 4.1% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 6,541 shares of the company’s stock after buying an additional 255 shares during the period. Victory Capital makes up approximately 0.4% of Vista Finance LLC’s investment portfolio, making the stock its 25th largest position. Vista Finance LLC’s holdings in Victory Capital were worth $416,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of VCTR. Nuveen LLC acquired a new stake in Victory Capital during the first quarter worth about $27,274,000. Bahl & Gaynor Inc. grew its stake in Victory Capital by 17.2% during the first quarter. Bahl & Gaynor Inc. now owns 1,825,998 shares of the company’s stock worth $105,671,000 after buying an additional 268,573 shares in the last quarter. Public Sector Pension Investment Board acquired a new stake in Victory Capital during the first quarter worth about $8,349,000. Vanguard Group Inc. grew its stake in Victory Capital by 3.3% during the first quarter. Vanguard Group Inc. now owns 4,095,276 shares of the company’s stock worth $236,994,000 after buying an additional 129,055 shares in the last quarter. Finally, Annex Advisory Services LLC boosted its stake in shares of Victory Capital by 31.6% in the 2nd quarter. Annex Advisory Services LLC now owns 520,028 shares of the company’s stock valued at $33,110,000 after purchasing an additional 124,776 shares in the last quarter. 87.71% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on VCTR shares. B. Riley raised their price target on shares of Victory Capital from $74.00 to $82.00 and gave the company a “buy” rating in a research note on Friday, August 22nd. The Goldman Sachs Group restated a “buy” rating and issued a $76.00 price target on shares of Victory Capital in a research note on Tuesday, September 23rd. Morgan Stanley raised their price target on shares of Victory Capital from $67.00 to $69.00 and gave the company a “positive” rating in a research note on Monday, October 6th. Bank of America raised their price target on shares of Victory Capital from $83.00 to $84.00 and gave the company a “buy” rating in a research note on Thursday, October 2nd. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Victory Capital in a research note on Wednesday, October 8th. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $74.00.

Victory Capital Stock Down 1.5%

NASDAQ:VCTR opened at $65.32 on Friday. The firm’s 50 day simple moving average is $68.72 and its 200 day simple moving average is $64.52. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.37 and a quick ratio of 1.37. Victory Capital Holdings, Inc. has a one year low of $47.00 and a one year high of $73.42. The company has a market cap of $4.36 billion, a PE ratio of 16.13, a P/E/G ratio of 0.66 and a beta of 1.07.

Victory Capital (NASDAQ:VCTR) last posted its earnings results on Thursday, August 7th. The company reported $1.57 EPS for the quarter, topping the consensus estimate of $1.47 by $0.10. Victory Capital had a net margin of 27.18% and a return on equity of 26.46%. The business had revenue of $351.21 million for the quarter, compared to the consensus estimate of $348.89 million. During the same period last year, the company earned $1.31 EPS. The firm’s revenue was up 59.9% compared to the same quarter last year. On average, research analysts anticipate that Victory Capital Holdings, Inc. will post 6.16 earnings per share for the current year.

Victory Capital Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, September 25th. Stockholders of record on Wednesday, September 10th were given a $0.49 dividend. The ex-dividend date was Wednesday, September 10th. This represents a $1.96 dividend on an annualized basis and a dividend yield of 3.0%. Victory Capital’s payout ratio is 48.40%.

About Victory Capital

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.