Shares of Victory Capital Holdings, Inc. (NASDAQ:VCTR – Get Free Report) have earned a consensus recommendation of “Moderate Buy” from the five analysts that are presently covering the company, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation and four have given a buy recommendation to the company. The average 12 month target price among analysts that have issued a report on the stock in the last year is $38.60.
A number of equities research analysts have commented on the company. Bank of America decreased their price objective on Victory Capital from $46.00 to $45.00 in a research report on Wednesday, October 4th. BMO Capital Markets decreased their target price on shares of Victory Capital from $47.00 to $45.00 and set an “outperform” rating for the company in a research note on Monday, October 2nd. Morgan Stanley lowered their price target on shares of Victory Capital from $26.00 to $25.00 and set an “underweight” rating on the stock in a report on Friday, October 6th. Finally, Royal Bank of Canada increased their price objective on Victory Capital from $38.00 to $40.00 and gave the stock an “outperform” rating in a report on Tuesday, August 8th.
Institutional Investors Weigh In On Victory Capital
Victory Capital Trading Up 1.8 %
NASDAQ VCTR opened at $32.35 on Thursday. The firm’s 50 day moving average price is $31.76 and its two-hundred day moving average price is $32.17. The company has a debt-to-equity ratio of 0.92, a quick ratio of 0.58 and a current ratio of 0.58. Victory Capital has a twelve month low of $26.14 and a twelve month high of $34.97. The stock has a market cap of $2.13 billion, a price-to-earnings ratio of 10.61, a PEG ratio of 1.09 and a beta of 1.07.
Victory Capital Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 22nd. Stockholders of record on Monday, December 11th will be issued a dividend of $0.32 per share. This represents a $1.28 dividend on an annualized basis and a dividend yield of 3.96%. The ex-dividend date is Friday, December 8th. Victory Capital’s dividend payout ratio is 41.97%.
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.
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