Victory Capital Holdings, Inc. (NASDAQ:VCTR) Receives $38.67 Consensus Price Target from Analysts

Victory Capital Holdings, Inc. (NASDAQ:VCTRGet Free Report) has earned a consensus recommendation of “Moderate Buy” from the six analysts that are covering the company, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and four have issued a buy rating on the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is $38.67.

Several research firms have recently weighed in on VCTR. UBS Group boosted their price objective on shares of Victory Capital from $33.00 to $36.00 and gave the stock a “neutral” rating in a research note on Wednesday, January 10th. Morgan Stanley increased their target price on Victory Capital from $26.00 to $28.00 and gave the stock an “underweight” rating in a research note on Friday, January 19th.

View Our Latest Analysis on Victory Capital

Victory Capital Stock Down 0.6 %

Victory Capital stock opened at $34.31 on Friday. The firm has a market capitalization of $2.26 billion, a PE ratio of 11.25, a P/E/G ratio of 0.80 and a beta of 0.99. The company’s 50-day moving average is $33.88 and its 200-day moving average is $32.93. Victory Capital has a fifty-two week low of $27.73 and a fifty-two week high of $35.49. The company has a debt-to-equity ratio of 0.92, a current ratio of 0.58 and a quick ratio of 0.58.

Institutional Investors Weigh In On Victory Capital

A number of large investors have recently bought and sold shares of the company. Vanguard Group Inc. grew its stake in Victory Capital by 6.6% during the third quarter. Vanguard Group Inc. now owns 3,107,427 shares of the company’s stock worth $103,602,000 after buying an additional 191,957 shares in the last quarter. BlackRock Inc. boosted its stake in shares of Victory Capital by 8.0% in the 2nd quarter. BlackRock Inc. now owns 2,668,250 shares of the company’s stock valued at $84,157,000 after purchasing an additional 196,857 shares in the last quarter. Van Berkom & Associates Inc. boosted its stake in shares of Victory Capital by 19.2% in the 3rd quarter. Van Berkom & Associates Inc. now owns 1,815,741 shares of the company’s stock valued at $60,537,000 after purchasing an additional 292,225 shares in the last quarter. LSV Asset Management boosted its stake in shares of Victory Capital by 22.2% in the 3rd quarter. LSV Asset Management now owns 1,380,922 shares of the company’s stock valued at $46,040,000 after purchasing an additional 250,600 shares in the last quarter. Finally, Dimensional Fund Advisors LP raised its holdings in Victory Capital by 57.5% in the 2nd quarter. Dimensional Fund Advisors LP now owns 1,178,160 shares of the company’s stock valued at $37,160,000 after buying an additional 430,131 shares during the last quarter. 73.50% of the stock is currently owned by institutional investors and hedge funds.

About Victory Capital

(Get Free Report

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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Analyst Recommendations for Victory Capital (NASDAQ:VCTR)

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