Aurora Investment Counsel Has $2.69 Million Stake in Victory Capital Holdings, Inc. $VCTR

Aurora Investment Counsel boosted its holdings in shares of Victory Capital Holdings, Inc. (NASDAQ:VCTR) by 25.2% in the fourth quarter, HoldingsChannel reports. The firm owned 42,623 shares of the company’s stock after acquiring an additional 8,579 shares during the period. Victory Capital makes up 1.4% of Aurora Investment Counsel’s portfolio, making the stock its 15th biggest position. Aurora Investment Counsel’s holdings in Victory Capital were worth $2,689,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of VCTR. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in Victory Capital by 4.5% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 24,469 shares of the company’s stock valued at $1,416,000 after purchasing an additional 1,060 shares in the last quarter. Goldman Sachs Group Inc. increased its holdings in Victory Capital by 1.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 366,318 shares of the company’s stock valued at $21,199,000 after purchasing an additional 5,685 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in Victory Capital by 10.5% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 98,285 shares of the company’s stock valued at $5,688,000 after purchasing an additional 9,319 shares in the last quarter. Jane Street Group LLC acquired a new stake in Victory Capital during the 1st quarter valued at $3,747,000. Finally, Intech Investment Management LLC increased its holdings in Victory Capital by 18.8% during the 1st quarter. Intech Investment Management LLC now owns 20,442 shares of the company’s stock valued at $1,183,000 after purchasing an additional 3,237 shares in the last quarter. 87.71% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on the company. Wall Street Zen raised Victory Capital from a “hold” rating to a “buy” rating in a report on Saturday, May 16th. The Goldman Sachs Group assumed coverage on Victory Capital in a report on Tuesday, June 2nd. They set a “neutral” rating and a $90.00 price target for the company. Morgan Stanley set a $76.00 price target on Victory Capital in a report on Friday, May 1st. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Victory Capital in a report on Monday, April 20th. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating and set a $95.00 price target on shares of Victory Capital in a report on Tuesday, May 12th. Four research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $84.71.

Victory Capital Stock Down 1.8%

Shares of VCTR opened at $84.84 on Friday. The firm has a market capitalization of $5.31 billion, a price-to-earnings ratio of 19.11, a PEG ratio of 0.91 and a beta of 1.10. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.13 and a current ratio of 1.13. The business’s fifty day moving average price is $79.63 and its two-hundred day moving average price is $71.86. Victory Capital Holdings, Inc. has a 52 week low of $57.03 and a 52 week high of $90.19.

Victory Capital (NASDAQ:VCTR) last announced its quarterly earnings data on Wednesday, May 6th. The company reported $1.82 EPS for the quarter, beating analysts’ consensus estimates of $1.63 by $0.19. The firm had revenue of $387.99 million for the quarter, compared to analyst estimates of $364.97 million. Victory Capital had a return on equity of 22.15% and a net margin of 25.79%.The business’s quarterly revenue was up 76.7% compared to the same quarter last year. During the same period last year, the company earned $1.36 EPS. On average, analysts predict that Victory Capital Holdings, Inc. will post 7.04 earnings per share for the current year.

Victory Capital Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 25th. Shareholders of record on Wednesday, June 10th will be given a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date is Wednesday, June 10th. This is a positive change from Victory Capital’s previous quarterly dividend of $0.49. Victory Capital’s dividend payout ratio is 45.05%.

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.