WINTON GROUP Ltd Makes New $4.14 Million Investment in Victory Capital Holdings, Inc. $VCTR

WINTON GROUP Ltd purchased a new stake in Victory Capital Holdings, Inc. (NASDAQ:VCTR) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 63,925 shares of the company’s stock, valued at approximately $4,140,000. WINTON GROUP Ltd owned 0.10% of Victory Capital at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of VCTR. Principal Financial Group Inc. grew its holdings in Victory Capital by 8,812.2% in the third quarter. Principal Financial Group Inc. now owns 280,646 shares of the company’s stock valued at $18,175,000 after purchasing an additional 277,497 shares during the period. AlphaQuest LLC raised its stake in Victory Capital by 192.1% during the third quarter. AlphaQuest LLC now owns 21,698 shares of the company’s stock worth $1,405,000 after purchasing an additional 14,269 shares during the period. Annex Advisory Services LLC raised its stake in Victory Capital by 4.6% during the third quarter. Annex Advisory Services LLC now owns 544,078 shares of the company’s stock worth $35,234,000 after purchasing an additional 24,050 shares during the period. Aurora Investment Counsel acquired a new position in shares of Victory Capital in the 3rd quarter valued at $2,205,000. Finally, Rhumbline Advisers boosted its holdings in shares of Victory Capital by 93.8% in the 3rd quarter. Rhumbline Advisers now owns 128,360 shares of the company’s stock valued at $8,313,000 after purchasing an additional 62,119 shares during 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 $68.57 on Tuesday. Victory Capital Holdings, Inc. has a 52-week low of $47.00 and a 52-week high of $77.78. The firm has a fifty day moving average of $70.14 and a 200-day moving average of $67.04. The firm has a market capitalization of $4.45 billion, a P/E ratio of 16.85, a PEG ratio of 0.73 and a beta of 1.04. The company has a quick ratio of 1.47, a current ratio of 1.47 and a debt-to-equity ratio of 0.40.

Victory Capital (NASDAQ:VCTR) last posted its earnings results on Wednesday, February 4th. The company reported $1.78 earnings per share for the quarter, beating the consensus estimate of $1.66 by $0.12. Victory Capital had a net margin of 25.27% and a return on equity of 21.86%. The business had revenue of $374.12 million for the quarter, compared to analyst estimates of $371.09 million. During the same quarter in the previous year, the business posted $1.45 EPS. The business’s quarterly revenue was up 61.0% on a year-over-year basis. As a group, analysts predict that Victory Capital Holdings, Inc. will post 6.16 EPS for the current year.

Victory Capital Announces Dividend

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

Wall Street Analyst Weigh In

A number of research firms have recently commented on VCTR. Weiss Ratings restated a “buy (b)” rating on shares of Victory Capital in a report on Wednesday, January 21st. Wall Street Zen upgraded Victory Capital from a “hold” rating to a “buy” rating in a report on Saturday, February 14th. JPMorgan Chase & Co. boosted their price target on Victory Capital from $70.00 to $71.00 and gave the company a “neutral” rating in a research report on Tuesday, January 20th. Barclays set a $69.00 price target on Victory Capital in a research note on Friday, February 6th. Finally, Morgan Stanley cut their price objective on Victory Capital from $70.00 to $69.00 and set an “equal weight” rating on the stock in a report on Tuesday, February 3rd. Five investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $75.38.

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.