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Virtus Investment Partners Inc   (VRTS)
Other Ticker:  
 
    Sector  Financial    Industry Investment Services
   Industry Investment Services
   Sector  Financial
 
Price: $241.1800 $-0.43 -0.178%
Day's High: $246.34 Week Perf: -1.5 %
Day's Low: $ 240.50 30 Day Perf: 10.02 %
Volume (M): 63 52 Wk High: $ 263.39
Volume (M$): $ 15,074 52 Wk Avg: $218.28
Open: $240.50 52 Wk Low: $168.78



 Market Capitalization (Millions $) 1,757
 Shares Outstanding (Millions) 7
 Employees 426
 Revenues (TTM) (Millions $) 882
 Net Income (TTM) (Millions $) 145
 Cash Flow (TTM) (Millions $) -171
 Capital Exp. (TTM) (Millions $) 9

Virtus Investment Partners Inc

We are a provider of investment management and related services to individuals and institutions. We use a multi-manager, multi-style approach, offering investment strategies from affiliated managers and select unaffiliated subadvisors, each having its own distinct investment style, autonomous investment process and individual brand. By offering a broad array of products, we believe we can appeal to a greater number of investors which allows us to have opportunities across market cycles and through changes in investor preferences.

Our investment management services are provided by investment managers who are registered investment advisers under the Investment Advisers Act of 1940, as amended (the “Investment Advisers Act”). The investment managers are responsible for portfolio management activities for our retail and institutional products operating under advisory or subadvisory agreements. We provide our affiliated managers with distribution, operational and administrative support, thereby allowing each affiliated manager to focus primarily on investment management. We also engage select unaffiliated subadvisers for certain of our open-end mutual funds and exchange traded funds.

Our assets under management are comprised of open-end funds, closed-end funds, exchange traded funds, variable insurance funds, separately managed accounts (intermediary sponsored and private client) and institutional accounts (traditional institutional mandates and structured products).

We managed 61 open-end funds, comprised of U.S. domiciled open-end mutual funds ("open-end mutual funds") variable insurance funds and UCITS. Our open-end mutual funds are offered in a variety of asset classes (equity, fixed income and alternative investments), in all market capitalizations (large, mid and small), in different styles (growth, blend and value) and with various investment approaches (fundamental, quantitative and thematic). Our variable insurance funds are available as investment options in variable annuities and life insurance products distributed by life insurance companies. Our Ireland domiciled UCITS, which we refer to as the Global Funds, are offered in select investment strategies to non-US investors.

We managed nine closed-end funds, each of which is traded on the New York Stock Exchange. Closed-end funds do not continually offer to sell and redeem their shares; rather, daily liquidity is provided by the ability to trade the shares of these funds at prices that may be above or below the shares’ net asset value.

Exchange Traded Funds
We made an investment for a majority ownership position in Virtus ETF Solutions (“VES”), formerly known as ETF Issuer Solutions, that operates a platform for listing, operating, and distributing exchange traded funds. .


Separately Managed Accounts
Separately managed accounts are individually owned portfolios that include intermediary sponsored programs, whereby an intermediary assists individuals in hiring investment managers that have been approved by the broker-dealer to fulfill those objectives and private client accounts that are accounts of high net-worth individuals who are direct clients of an affiliated manager.

Institutional Accounts
We offer a variety of equity and fixed income strategies to institutional clients, including corporations, multi-employer retirement funds, public employee retirement systems, foundations, endowments and as a subadviser to unaffiliated mutual funds.

 



   Company Address: One Financial Plaza Hartford 6103 CT
   Company Phone Number: 248-7971   Stock Exchange / Ticker: NYSE VRTS
   


Customers Net Income grew by VRTS's Customers Net Profit Margin grew to

29.19 %

17.06 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
BEN   -2.86%    
GS        0.21% 
KKR        3.67% 
MS   -2.54%    
SNEX        2.34% 
TROW   -2.29%    
• View Complete Report
   



Virtus Investment Partners Inc

Virtus Investment Partners Inc. Delivers Impressive 12.132% Revenue Growth in Q1 2024

Virtus Investment Partners Inc, a leading investment management firm, has recently released its financial results for the first quarter of 2024. Despite facing a decline in earnings per share (EPS), the company has continued to exhibit strong revenue growth, showcasing its resilience and ability to adapt to changing market conditions.
In the January to March 31, 2024 interval, Virtus Investment Partners reported a decrease of -21.31% in EPS, amounting to $4.10 per share. However, revenue increased by a significant 12.132% to $225.51 million, compared to the same reporting season a year ago. This indicates the company's ability to generate substantial income despite facing challenges in its earnings.
Compared to the previous reporting season, net profit per share decreased by -3.7% from $4.26 per share, while revenue advanced by 3.322% from $218.26 million. Although the decrease in net profit per share is a cause for concern, the company's ability to maintain revenue growth demonstrates its strong market presence and adaptability.

Business Update

Virtus Investment Partners: Financial Insights and Client Performance Analysis

Published Mon, Mar 11 2024 8:05 PM UTC

Virtus Investment Partners, a leading investment management firm, recently announced its preliminary assets under management for the month of February 2024. With a robust portfolio valued at $176.1 billion, the company continues to demonstrate its strong market presence and ability to cater to various client needs. Additionally, Virtus Investment Partners provided services t...

Virtus Investment Partners Inc

Virtus Investment Partners Inc Reports Declining EPS Amidst Revenue Growth in Q4 2023

Virtus Investment Partners Inc has recently reported declining earnings per share (EPS) on increasing revenue for the most recent fiscal period. Despite a 3.16% increase in revenue to $218.26 million compared to $211.57 million in the previous year, income fell by -12.67% to $4.26 per share, down from $4.88 per share in the same period a year before.
However, there are positive signs for the company as well. Net income for the October to December 31, 2023 period increased by 49.02% to $38.499 million from $25.835 million in the same period a year ago. Virtus Investment Partners Inc also highlighted improving profit margins, with a net margin of 17.64% and an operating margin of 35.28% for the same period.

Dividend

Virtus Investment Partners Announces 15% Increase in Quarterly Dividend for Q1 2024, Demonstrating Commitment to Shareholders

Published Thu, Feb 22 2024 12:00 PM UTC



HARTFORD, Conn. - Virtus Investment Partners, Inc. (NYSE: VRTS), a reputable multi-boutique asset management firm, has recently declared its quarterly cash dividend of $1.90 per common share for the first quarter of 2024. This announcement reflects a 15% increase compared to the dividend paid for the same quarter last year. Set against the backdrop of the company's...

Dividend

Virtus Investment Partners Declares Impressive Quarterly Dividend, Reflecting Steady Growth and Investor Confidence

Published Thu, Dec 7 2023 12:00 PM UTC



Virtus Investment Partners, Inc. (NASDAQ: VRTS), a leading multi-boutique asset management firm, has recently announced the declaration of a quarterly cash dividend of $1.90 per common share for the fourth quarter of 2023. This decision comes as a testament to Virtus' successful track record, consistent growth, and commitment to providing value to its shareholders....






 

Virtus Investment Partners Inc's Segments
 
 
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  Company Estimates  
  Revenue Outlook
Virtus Investment Partners Inc does not provide revenue guidance.

Earnings Outlook
Virtus Investment Partners Inc does not provide earnings estimates.

 
Geographic Revenue Dispersion




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