Virtus Investment Partners (VRTS) Given Daily Coverage Optimism Rating of 0.03
Media coverage about Virtus Investment Partners (NASDAQ:VRTS) has trended somewhat positive recently, Accern Sentiment reports. The research group identifies positive and negative press coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Virtus Investment Partners earned a news impact score of 0.03 on Accern’s scale. Accern also assigned news articles about the closed-end fund an impact score of 46.8834930169462 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
These are some of the news articles that may have effected Accern’s scoring:
- Zacks Investment Research Lowers Virtus Investment Partners, Inc. (VRTS) to Sell (americanbankingnews.com)
- Virtus Investment Partners, Inc. Forecasted to Earn FY2017 Earnings of $7.59 Per Share (VRTS) (americanbankingnews.com)
- Virtus ETF Solutions and Glovista Investments Introduce ETF Targeting ‘Most Favored’ Emerging Markets (finance.yahoo.com)
- Virtus Launches a Smart Beta Emerging Markets ETF (finance.yahoo.com)
Shares of Virtus Investment Partners (NASDAQ:VRTS) traded up $0.85 during mid-day trading on Friday, reaching $115.15. The company had a trading volume of 99,363 shares, compared to its average volume of 49,656. The firm has a market cap of $824.25, a PE ratio of 16.50, a PEG ratio of 0.59 and a beta of 1.86. Virtus Investment Partners has a 1 year low of $97.60 and a 1 year high of $128.10.
VRTS has been the topic of a number of research analyst reports. BidaskClub cut Virtus Investment Partners from a “buy” rating to a “hold” rating in a research report on Tuesday, July 25th. Credit Suisse Group upgraded Virtus Investment Partners from a “neutral” rating to an “outperform” rating and lifted their target price for the stock from $141.00 to $147.00 in a research report on Monday, July 31st. Jefferies Group LLC reiterated a “hold” rating and set a $117.00 target price on shares of Virtus Investment Partners in a research report on Friday, August 18th. ValuEngine cut Virtus Investment Partners from a “buy” rating to a “hold” rating in a research report on Friday, September 1st. Finally, Barclays PLC initiated coverage on Virtus Investment Partners in a research report on Friday, September 8th. They set an “equal weight” rating and a $113.00 target price on the stock. Two analysts have rated the stock with a sell rating and seven have assigned a hold rating to the stock. The company presently has an average rating of “Hold” and a consensus target price of $130.50.
Virtus Investment Partners Company Profile
Virtus Investment Partners, Inc (Virtus) is a provider of investment management and related services to individuals and institutions. The Company provides its products in various forms and through multiple distribution channels. Its retail products include open-end mutual funds, closed-end funds, exchange traded funds, variable insurance funds, undertakings for collective investments in transferable securities (UCITS) and separately managed accounts.
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