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VRTS

VRTS - Virtus Investment Partners Inc Stock Price, Fair Value and News

241.06USD-2.34 (-0.96%)Market Closed

Market Summary

VRTS
USD241.06-2.34
Market Closed
-0.96%

VRTS Alerts

  • 1 major insider sales recently.
  • Big jump in Earnings (Y/Y)

VRTS Stock Price

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VRTS RSI Chart

VRTS Valuation

Market Cap

1.7B

Price/Earnings (Trailing)

12.19

Price/Sales (Trailing)

2.04

EV/EBITDA

5.31

Price/Free Cashflow

7.56

VRTS Price/Sales (Trailing)

VRTS Profitability

EBT Margin

22.07%

Return on Equity

16.38%

Return on Assets

3.85%

Free Cashflow Yield

13.24%

VRTS Fundamentals

VRTS Revenue

Revenue (TTM)

845.3M

Rev. Growth (Yr)

8.17%

Rev. Growth (Qtr)

-2.14%

VRTS Earnings

Earnings (TTM)

141.5M

Earnings Growth (Yr)

49.02%

Earnings Growth (Qtr)

0.9%

Breaking Down VRTS Revenue

52 Week Range

165.00246.03
(Low)(High)

Last 7 days

5.2%

Last 30 days

4.4%

Last 90 days

1.3%

Trailing 12 Months

26.8%

How does VRTS drawdown profile look like?

VRTS Financial Health

Current Ratio

4.23

Debt/Equity

0.29

Debt/Cashflow

0.94

VRTS Investor Care

Dividend Yield

2.92%

Dividend/Share (TTM)

7.1

Buy Backs (1Y)

1.31%

Diluted EPS (TTM)

17.71

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
2023831.8M820.0M829.1M845.3M
20221.0B996.1M954.3M886.4M
2021676.2M787.3M884.6M979.2M
2020577.1M569.5M578.3M603.9M
2019553.9M561.5M555.2M563.2M
2018474.9M513.7M542.2M552.2M
2017322.0M336.1M377.4M425.6M
2016358.4M338.9M328.8M322.6M
2015446.6M433.5M408.0M382.0M
2014410.9M427.5M445.0M450.6M
2013303.9M333.2M361.6M389.2M
2012222.9M240.8M257.3M280.1M
2011155.2M169.3M189.2M204.7M
20100126.3M135.4M144.6M
2009000117.2M

Tracking the Latest Insider Buys and Sells of Virtus Investment Partners Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Mar 15, 2024
aylward george r
sold (taxes)
-1,154,570
231
-4,991
director, ceo and president
Mar 15, 2024
purkalitis andra c
acquired
-
-
1,729
evp and clo
Mar 15, 2024
angerthal michael a
acquired
-
-
2,878
evp, cfo & treasurer
Mar 15, 2024
aylward george r
acquired
-
-
10,212
director, ceo and president
Mar 15, 2024
pena mardelle w
acquired
-
-
345
evp, chief hr officer
Mar 15, 2024
mandinach barry m.
sold (taxes)
-219,532
231
-949
evp, head of distribution
Mar 15, 2024
angerthal michael a
sold (taxes)
-321,549
231
-1,390
evp, cfo & treasurer
Mar 15, 2024
pena mardelle w
sold (taxes)
-83,972
231
-363
evp, chief hr officer
Mar 15, 2024
smirl richard w
acquired
-
-
2,162
evp & chief operating officer
Mar 15, 2024
mandinach barry m.
acquired
-
-
1,928
evp, head of distribution

1–10 of 50

Which funds bought or sold VRTS recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Mar 22, 2024
PNC FINANCIAL SERVICES GROUP, INC.
reduced
-7.07
11,856
117,496
-%
Mar 11, 2024
VANGUARD GROUP INC
reduced
-0.45
35,401,600
220,318,000
-%
Mar 05, 2024
Fisher Asset Management, LLC
reduced
-1.22
2,610,140
16,927,800
0.01%
Mar 04, 2024
Fortis Group Advisors, LLC
added
83.33
1,406
2,416
-%
Mar 01, 2024
GOLDMAN SACHS GROUP INC
added
109
5,189,270
8,623,100
-%
Feb 28, 2024
AMERICAN INTERNATIONAL GROUP, INC.
reduced
-0.89
142,866
910,226
-%
Feb 26, 2024
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
unchanged
-
91,000
553,000
-%
Feb 16, 2024
PRICE T ROWE ASSOCIATES INC /MD/
reduced
-5.32
2,326,000
19,790,000
-%
Feb 16, 2024
PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO
added
2.75
5,077
27,077
-%
Feb 15, 2024
Legal & General Group Plc
reduced
-1.78
664,744
4,449,840
-%

1–10 of 50

Are Funds Buying or Selling VRTS?

Are funds buying VRTS calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own VRTS
No. of Funds

Unveiling Virtus Investment Partners Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 14, 2024
t. rowe price investment management, inc.
5.6%
404,558
SC 13G
Feb 13, 2024
vanguard group inc
12.68%
911,302
SC 13G/A
Jan 22, 2024
blackrock inc.
15.4%
1,109,338
SC 13G/A
Feb 14, 2023
price t rowe associates inc /md/
1.2%
89,082
SC 13G/A
Feb 14, 2023
t. rowe price investment management, inc.
6.0%
433,382
SC 13G
Feb 09, 2023
vanguard group inc
12.40%
896,637
SC 13G/A
Jan 24, 2023
blackrock inc.
16.5%
1,193,804
SC 13G
Feb 14, 2022
price t rowe associates inc /md/
6.8%
521,950
SC 13G/A
Feb 10, 2022
vanguard group inc
11.18%
847,963
SC 13G/A
Feb 08, 2022
dimensional fund advisors lp
3.5%
263,631
SC 13G/A

Recent SEC filings of Virtus Investment Partners Inc

View All Filings
Date Filed Form Type Document
Mar 19, 2024
4
Insider Trading
Mar 19, 2024
4
Insider Trading
Mar 19, 2024
4
Insider Trading
Mar 19, 2024
4
Insider Trading
Mar 19, 2024
4
Insider Trading
Mar 19, 2024
4
Insider Trading
Mar 07, 2024
4
Insider Trading
Mar 06, 2024
144
Notice of Insider Sale Intent
Feb 28, 2024
10-K
Annual Report
Feb 14, 2024
SC 13G
Major Ownership Report

Peers (Alternatives to Virtus Investment Partners Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
122.2B
17.9B
3.88% 29.55%
22.2
6.84
-0.08% 6.26%
91.4B
8.0B
-0.02% 50.62%
65.71
11.39
-5.81% -20.41%
42.7B
20.6B
2.39% 15.01%
13
2.07
87.93% 27.71%
41.2B
3.6B
-0.81% 78.37%
86.87
11.35
18.87% 183.11%
14.2B
7.9B
0.37% -2.43%
14.7
1.81
-1.81% -3.56%
MID-CAP
7.2B
5.7B
1.75% -5.97%
-21.61
1.26
-5.50% -148.79%
5.4B
2.1B
4.47% 11.45%
7.98
2.61
-11.67% -41.28%
3.9B
-
3.77% -9.71%
14.66
-
- -3.64%
3.6B
489.6M
4.92% 8.38%
28.18
7.43
-13.63% -24.55%
3.5B
975.1M
5.36% 43.05%
15.83
3.61
-1.83% 7.51%
2.6B
708.5M
10.93% 21.63%
21.25
3.69
14.59% 19.23%
SMALL-CAP
922.9M
241.7M
-13.50% -14.66%
-134.11
3.82
21.87% -123.56%
860.8M
426.6M
4.16% -
13.08
2.02
2.25% -34.59%
6.8M
737.5M
-7.39% -84.11%
-3.61
0.01
24.02% -119.80%
706.7K
25.3M
-0.79% -5.08%
0.02
0.03
65.87% 176.58%

Virtus Investment Partners Inc News

Latest updates
Defense World • 24 Mar 2024 • 08:20 am
Business Wire • 22 Feb 2024 • 08:00 am

Virtus Investment Partners Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue-2.1%215219214198198210225252266252244217172155133145146146140131138
Operating Expenses0.7%176174174169167166169187183159158155121114106120108110110110109
EBITDA Margin-5.3%0.37*0.39*0.28*0.26*0.25*0.28*0.33*0.39*0.41*------------
Interest Expenses-211.2%-42.4938.0039.0035.00-16.6320.0014.0012.00-12.0513.002.0014.00-10.993.003.0024.00-10.105.0031.005.00-24.19
Income Taxes9.1%13.0012.0011.009.0013.0011.0016.0017.0027.0026.0022.0015.0014.0012.008.0010.0011.0011.009.004.0010.00
Earnings Before Taxes2.9%52.0050.0041.0043.0039.0038.0031.0056.0089.0098.0098.0067.0076.0053.0024.0011.0041.0036.0037.0027.0011.00
EBT Margin5.2%0.22*0.21*0.20*0.18*0.18*0.22*0.28*0.34*0.36*------------
Net Income0.9%38.0038.0030.0035.0026.0027.0014.0039.0062.0073.0076.0052.0062.0041.0016.001.0030.0025.0028.0022.001.00
Net Income Margin7.7%0.17*0.16*0.14*0.12*0.12*0.15*0.19*0.25*0.27*------------
Free Cashflow-96.0%5.00124144-44.41-23.27116118-84.28241------------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets-2.3%3,6793,7653,6463,6983,9533,5463,5443,7023,9343,7783,6933,7023,4673,3913,3403,3923,2053,1133,0672,8452,871
    Cash Equivalents-16.0%341406358418589396359336586593406400340256252394322279251198255
  Net PPE2.8%26.0026.0023.0019.0019.0019.0019.0018.0013.0012.0013.0013.0014.0015.0016.0017.0018.0019.0020.0020.0020.00
  Goodwill0%39739739748.0034934934734733823.00315315290290290290290290290290290
Liabilities-3.4%2,7052,8012,6792,7473,0162,6162,6132,7392,9592,8252,7712,8512,6302,6032,5832,6382,4552,3442,3432,1402,169
  Long Term Debt-7.5%253274294255255255256266266267190196201218235251278292306318329
Shareholder's Equity0.2%864862857844817806792824837821790739721688667666686678664646644
  Retained Earnings8.8%20719117415613010788.0082.0061.0023.00-35.70-98.67-135-178-208-219-215-238-262-289-310
  Additional Paid-In Capital0.4%1,3011,2961,2871,2821,2861,2821,2761,2741,2761,2731,2811,2851,2981,3021,3031,3051,1991,2021,2041,2061,210
Shares Outstanding-1.3%7.007.007.007.007.007.007.008.008.008.008.008.00---------
Minority Interest-19.9%4.005.005.006.006.007.007.008.008.009.009.009.0010.009.008.0010.0011.0012.0013.0013.0014.00
Float---1,340---1,170---2,010---835---695--
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations-94.3%7,317127,752145,047-42,959-22,180117,239119,386-81,775242,050184,49989,029150,151154,16469,445-197,392-252,32066,29240,653-120,453-23,21539,134
  Share Based Compensation-11.9%6,7537,6686,6555,7494,7755,1484,5729,5474,3925,9897,8497,9955,0696,2996,4923,6215,8465,0005,7555,6296,186
Cashflow From Investing41.9%-2,383-4,105-110,099-13,145-1,720-1,305-1,867-22,575-158,508-10,998-2,919-2,608-254-314-1179,366-9,02219,108-3,543-2,095-9,314
Cashflow From Financing6.3%-70,344-75,042-95,649-115,078216,911-78,791-94,400-145,777-90,88714,132-79,972-87,673-70,508-64,73755,936314,641-14,363-32,013177,214-31,2804,660
  Dividend Payments13.7%13,66212,01812,28414,08312,01011,05411,52712,66311,3816,2826,6317,1176,3405,1405,4885,8324,7333,8523,9514,4413,945
  Buy Backs33.3%20,00015,00010,000-10,00010,00040,00030,00025,00020,0007,5004,9997,5007,5007,50010,00010,0007,5017,50014,99915,000

VRTS Income Statement

2023-12-31
Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Revenues   
Revenues$ 845,268$ 886,379$ 979,234
Operating Expenses   
Employment expenses404,742371,259358,230
Distribution and other asset-based expenses96,802112,612141,039
Change in fair value of contingent consideration(5,510)8,02012,400
Restructuring expense8244,0150
Depreciation expense5,8043,9233,900
Amortization expense61,02758,50444,481
Total operating expenses693,784688,919653,746
Operating Income (Loss)151,484197,460325,488
Other Income (Expense)   
Other income (expense), net(440)(153)4,230
Total other income (expense), net3,681(51,938)6,376
Interest Income (Expense)   
Total interest income (expense), net31,39918,36621,806
Income (Loss) Before Income Taxes186,564163,888353,670
Income tax expense (benefit)45,08857,26090,835
Net Income (Loss)141,476106,628262,835
Noncontrolling interests(10,855)10,913(54,704)
Net Income (Loss) Attributable to Virtus Investment Partners, Inc.$ 130,621$ 117,541$ 208,131
Earnings (Loss) per Share—Basic (in dollars per share)$ 18.02$ 15.90$ 27.13
Earnings (Loss) per Share—Diluted (in dollars per share)$ 17.71$ 15.50$ 26.01
Weighted Average Shares Outstanding—Basic (in shares)7,2497,3917,672
Weighted Average Shares Outstanding—Diluted (in shares)7,3757,5828,003
Consolidated Entity excluding Consolidated Investment Products   
Operating Expenses   
Other operating expenses$ 125,871$ 126,178$ 90,134
Other Income (Expense)   
Realized and unrealized gain (loss) on investments, net6,525(12,489)3,907
Interest Income (Expense)   
Interest expense(23,431)(13,173)(9,240)
Interest and dividend income12,4584,4481,364
Consolidated Investment Products   
Operating Expenses   
Other operating expenses4,2244,4083,562
Other Income (Expense)   
Realized and unrealized gain (loss) on investments, net(2,404)(39,296)(1,761)
Interest Income (Expense)   
Interest expense(155,335)(80,234)(60,398)
Interest and dividend income197,707107,32590,080
Investment management fees   
Revenues   
Revenues711,475728,339781,585
Distribution and service fees   
Revenues   
Revenues56,15367,51890,555
Administration and shareholder service fees   
Revenues   
Revenues73,85785,862102,531
Other income and fees   
Revenues   
Revenues$ 3,783$ 4,660$ 4,563

VRTS Balance Sheet

2023-12-31
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Assets:  
Accounts receivable, net$ 109,076$ 99,274
Furniture, equipment and leasehold improvements, net26,21619,123
Intangible assets, net432,119442,519
Goodwill397,098348,836
Deferred taxes, net25,02423,171
Total assets3,678,6293,952,934
Liabilities:  
Accrued compensation and benefits200,837181,805
Accounts payable and accrued liabilities38,75633,200
Dividends payable17,29115,812
Contingent consideration90,938128,400
Debt253,412255,025
Other liabilities91,47187,827
Total liabilities2,705,4713,016,280
Commitments and Contingencies (Note 12)
Redeemable noncontrolling interests104,869113,718
Equity attributable to Virtus Investment Partners, Inc.:  
Common stock, $0.01 par value, 1,000,000,000 shares authorized; 12,163,228 shares issued and 7,087,728 shares outstanding at December 31, 2023 and 12,033,247 shares issued and 7,181,554 shares outstanding at December 31, 2022122120
Additional paid-in capital1,300,9991,286,244
Retained earnings (accumulated deficit)207,356130,261
Accumulated other comprehensive income (loss)(87)(358)
Treasury stock, at cost, 5,075,500 and 4,851,693 shares at December 31, 2023 and December 31, 2022, respectively(644,464)(599,248)
Total equity attributable to Virtus Investment Partners, Inc.863,926817,019
Total equity868,289822,936
Total liabilities and equity3,678,6293,952,934
Consolidated Entity excluding Consolidated Investment Products  
Assets:  
Cash and cash equivalents239,602338,234
Investments132,696100,330
Other assets89,43894,944
Consolidated Investment Products  
Assets:  
Cash and cash equivalents100,732250,301
Investments2,082,7132,190,113
Cash pledged or on deposit of CIP680644
Other assets43,23545,445
Liabilities:  
Notes payable of CIP1,922,2432,083,314
Securities purchased payable and other liabilities of CIP90,523230,897
Equity attributable to Virtus Investment Partners, Inc.:  
Noncontrolling interests$ 4,363$ 5,917
VRTS
Virtus Investment Partners, Inc. is a publicly owned investment manager. The firm primarily provides its services to individual and institutional clients. It launches separate client focused equity and fixed income portfolios. The firm launches equity, fixed income, and balanced mutual funds for its clients. It invests in the public equity, fixed income, and real estate markets. The firm also invests in exchange traded funds. It employs a multi manager approach for its products. The firm employs quantitative analysis to make its investments. It benchmarks the performance of its portfolios against the S&P 500 Index. The firm conducts in-house research to make its investments. Virtus Investment Partners, Inc. was founded in 1988 and is based in Hartford, Connecticut.
 CEO
 WEBSITEwww.virtus.com
 EMPLOYEES772

Virtus Investment Partners Inc Frequently Asked Questions


What is the ticker symbol for Virtus Investment Partners Inc? What does VRTS stand for in stocks?

VRTS is the stock ticker symbol of Virtus Investment Partners Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Virtus Investment Partners Inc (VRTS)?

As of Fri Mar 22 2024, market cap of Virtus Investment Partners Inc is 1.73 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of VRTS stock?

You can check VRTS's fair value in chart for subscribers.

What is the fair value of VRTS stock?

You can check VRTS's fair value in chart for subscribers. The fair value of Virtus Investment Partners Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Virtus Investment Partners Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for VRTS so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Virtus Investment Partners Inc a good stock to buy?

The fair value guage provides a quick view whether VRTS is over valued or under valued. Whether Virtus Investment Partners Inc is cheap or expensive depends on the assumptions which impact Virtus Investment Partners Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for VRTS.

What is Virtus Investment Partners Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri Mar 22 2024, VRTS's PE ratio (Price to Earnings) is 12.19 and Price to Sales (PS) ratio is 2.04. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. VRTS PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Virtus Investment Partners Inc's stock?

In the past 10 years, Virtus Investment Partners Inc has provided 0.047 (multiply by 100 for percentage) rate of return.