Aurora Investment Counsel Has $2.69 Million Stake in Victory Capital Holdings, Inc. $VCTR

Aurora Investment Counsel grew its stake in Victory Capital Holdings, Inc. (NASDAQ:VCTR) by 25.2% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 42,623 shares of the company’s stock after purchasing an additional 8,579 shares during the period. Victory Capital comprises about 1.4% of Aurora Investment Counsel’s investment portfolio, making the stock its 15th biggest position. Aurora Investment Counsel owned about 0.07% of Victory Capital worth $2,689,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently added to or reduced their stakes in VCTR. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in Victory Capital by 4.5% in 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. Goldman Sachs Group Inc. raised its holdings in Victory Capital by 1.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 366,318 shares of the company’s stock valued at $21,199,000 after acquiring an additional 5,685 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in Victory Capital by 10.5% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 98,285 shares of the company’s stock valued at $5,688,000 after acquiring an additional 9,319 shares in the last quarter. Jane Street Group LLC acquired a new position in Victory Capital in the 1st quarter valued at approximately $3,747,000. Finally, Intech Investment Management LLC raised its holdings in 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 acquiring an additional 3,237 shares in the last quarter. Institutional investors and hedge funds own 87.71% of the company’s stock.

Victory Capital Price Performance

Victory Capital stock opened at $84.84 on Friday. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.13 and a quick ratio of 1.13. The company has a market capitalization of $5.31 billion, a PE ratio of 19.11, a price-to-earnings-growth ratio of 0.91 and a beta of 1.10. Victory Capital Holdings, Inc. has a one year low of $57.03 and a one year high of $90.19. The business has a 50 day simple moving average of $79.63 and a 200 day simple moving average of $71.86.

Victory Capital (NASDAQ:VCTR) last posted its earnings results on Wednesday, May 6th. The company reported $1.82 EPS for the quarter, topping the consensus estimate of $1.63 by $0.19. The business had revenue of $387.99 million during the quarter, compared to the consensus estimate of $364.97 million. Victory Capital had a return on equity of 22.15% and a net margin of 25.79%.Victory Capital’s revenue was up 76.7% on a year-over-year basis. During the same quarter last year, the company earned $1.36 EPS. On average, sell-side analysts forecast that Victory Capital Holdings, Inc. will post 7.04 EPS for the current fiscal year.

Victory Capital Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 25th. Investors of record on Wednesday, June 10th will be given a dividend of $0.50 per share. This is a boost from Victory Capital’s previous quarterly dividend of $0.49. The ex-dividend date is Wednesday, June 10th. This represents a $2.00 annualized dividend and a dividend yield of 2.4%. Victory Capital’s dividend payout ratio is 45.05%.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on the company. Barclays upped their price target on Victory Capital from $74.00 to $85.00 and gave the company an “equal weight” rating in a report on Friday, May 8th. Wall Street Zen raised Victory Capital from a “hold” rating to a “buy” rating in a report on Saturday, May 16th. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $95.00 price target on shares of Victory Capital in a report on Tuesday, May 12th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Victory Capital in a report on Monday, April 20th. Finally, The Goldman Sachs Group initiated coverage on Victory Capital in a report on Tuesday, June 2nd. They issued a “neutral” rating and a $90.00 price target for the company. Four investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $84.71.

Victory Capital Company Profile

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.