Elo Mutual Pension Insurance Co Has $1.75 Million Holdings in Victory Capital Holdings, Inc. $VCTR

Elo Mutual Pension Insurance Co boosted its position in shares of Victory Capital Holdings, Inc. (NASDAQ:VCTR) by 61.0% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 26,995 shares of the company’s stock after buying an additional 10,233 shares during the period. Elo Mutual Pension Insurance Co’s holdings in Victory Capital were worth $1,748,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of 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 worth $1,416,000 after acquiring an additional 1,060 shares during the period. Goldman Sachs Group Inc. raised its position in Victory Capital by 1.6% during the first quarter. Goldman Sachs Group Inc. now owns 366,318 shares of the company’s stock valued at $21,199,000 after purchasing an additional 5,685 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in Victory Capital by 10.5% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 98,285 shares of the company’s stock worth $5,688,000 after purchasing an additional 9,319 shares during the last quarter. Jane Street Group LLC acquired a new stake in shares of Victory Capital in the 1st quarter valued at $3,747,000. Finally, Intech Investment Management LLC increased its stake in shares of Victory Capital by 18.8% in the 1st quarter. Intech Investment Management LLC now owns 20,442 shares of the company’s stock valued at $1,183,000 after purchasing an additional 3,237 shares during the last quarter. 87.71% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on VCTR shares. Zacks Research downgraded Victory Capital from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, November 5th. Royal Bank Of Canada boosted their target price on Victory Capital from $78.00 to $84.00 and gave the stock an “outperform” rating in a research note on Tuesday, February 10th. Morgan Stanley reduced their price target on shares of Victory Capital from $70.00 to $69.00 and set an “equal weight” rating on the stock in a research note on Tuesday, February 3rd. JPMorgan Chase & Co. lifted their price target on shares of Victory Capital from $70.00 to $71.00 and gave the company a “neutral” rating in a report on Tuesday, January 20th. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Victory Capital in a research note on Wednesday, January 21st. Five equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat.com, Victory Capital presently has a consensus rating of “Moderate Buy” and a consensus price target of $75.38.

Victory Capital Stock Performance

Shares of VCTR stock opened at $68.71 on Thursday. The business’s 50-day moving average price is $69.80 and its 200-day moving average price is $67.08. Victory Capital Holdings, Inc. has a 12 month low of $47.00 and a 12 month high of $77.78. The firm has a market capitalization of $4.46 billion, a price-to-earnings ratio of 16.88, a PEG ratio of 0.72 and a beta of 1.04. The company has a current ratio of 1.47, a quick ratio of 1.47 and a debt-to-equity ratio of 0.40.

Victory Capital (NASDAQ:VCTR) last released its quarterly earnings data on Wednesday, February 4th. The company reported $1.78 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.66 by $0.12. The company had revenue of $374.12 million during the quarter, compared to the consensus estimate of $371.09 million. Victory Capital had a return on equity of 21.86% and a net margin of 25.27%.The firm’s revenue was up 61.0% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.45 earnings per share. Equities research analysts forecast that Victory Capital Holdings, Inc. will post 6.16 EPS for the current year.

Victory Capital Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, March 25th. Stockholders of record on Tuesday, March 10th will be paid a dividend of $0.49 per share. The ex-dividend date of this dividend is Tuesday, March 10th. This represents a $1.96 annualized dividend and a dividend yield of 2.9%. Victory Capital’s dividend payout ratio (DPR) is presently 48.16%.

About Victory Capital

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.