Victory Capital Holdings Inc (NASDAQ:VCTR) – Equities researchers at William Blair lifted their Q3 2019 earnings per share estimates for shares of Victory Capital in a research report issued on Monday, November 12th. William Blair analyst C. Shutler now expects that the company will post earnings per share of $0.85 for the quarter, up from their previous estimate of $0.45. William Blair currently has a “Outperform” rating on the stock. William Blair also issued estimates for Victory Capital’s Q4 2019 earnings at $0.92 EPS, FY2019 earnings at $2.57 EPS and FY2020 earnings at $3.83 EPS.

Victory Capital (NASDAQ:VCTR) last posted its quarterly earnings data on Wednesday, November 7th. The company reported $0.45 EPS for the quarter, topping the consensus estimate of $0.42 by $0.03. Victory Capital had a net margin of 14.42% and a return on equity of 29.13%. The business had revenue of $108.08 million for the quarter, compared to analyst estimates of $108.36 million.

Several other equities research analysts have also commented on VCTR. Sandler O’Neill set a $11.00 price objective on shares of Victory Capital and gave the stock a “hold” rating in a research note on Wednesday, August 8th. Zacks Investment Research lowered shares of Victory Capital from a “buy” rating to a “hold” rating in a research note on Tuesday, October 30th. Barclays decreased their target price on shares of Victory Capital from $14.00 to $12.00 and set an “overweight” rating for the company in a report on Wednesday, August 8th. Royal Bank of Canada reaffirmed a “buy” rating and issued a $13.00 target price on shares of Victory Capital in a report on Wednesday, August 8th. Finally, ValuEngine cut shares of Victory Capital from a “hold” rating to a “sell” rating in a report on Friday, August 3rd. One investment analyst has rated the stock with a sell rating, two have given a hold rating and eight have issued a buy rating to the stock. Victory Capital presently has a consensus rating of “Buy” and a consensus target price of $13.22.

NASDAQ:VCTR opened at $11.99 on Thursday. Victory Capital has a one year low of $7.27 and a one year high of $13.50. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.36 and a current ratio of 1.36. The stock has a market cap of $804.70 million and a P/E ratio of 9.59.

A number of institutional investors have recently modified their holdings of the business. Wesbanco Bank Inc. raised its holdings in Victory Capital by 11.6% in the third quarter. Wesbanco Bank Inc. now owns 61,132 shares of the company’s stock worth $583,000 after buying an additional 6,352 shares during the last quarter. Acadian Asset Management LLC purchased a new position in Victory Capital in the third quarter worth about $117,000. Bank of Montreal Can purchased a new position in Victory Capital in the third quarter worth about $128,000. Trexquant Investment LP purchased a new position in Victory Capital in the third quarter worth about $179,000. Finally, First Trust Advisors LP purchased a new position in Victory Capital in the third quarter worth about $187,000. 16.28% of the stock is owned by institutional investors and hedge funds.

Victory Capital Company Profile

Victory Capital Holdings, Inc, together with its subsidiaries, operates as an independent investment management company in the United States. It offers investment advisory, fund administration, and distribution services through broker-dealers, retirement platforms, and registered investment advisor networks.

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Earnings History and Estimates for Victory Capital (NASDAQ:VCTR)

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