Victory Capital Holdings, Inc. (NASDAQ:VCTR) Shares Purchased by Nebula Research & Development LLC

Nebula Research & Development LLC increased its stake in Victory Capital Holdings, Inc. (NASDAQ:VCTR - Free Report) by 47.4% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 26,382 shares of the company's stock after purchasing an additional 8,486 shares during the period. Nebula Research & Development LLC's holdings in Victory Capital were worth $1,727,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently bought and sold shares of VCTR. Covestor Ltd lifted its stake in shares of Victory Capital by 3,207.1% during the fourth quarter. Covestor Ltd now owns 463 shares of the company's stock worth $30,000 after buying an additional 449 shares during the period. Principal Securities Inc. grew its stake in Victory Capital by 35.2% during the 4th quarter. Principal Securities Inc. now owns 603 shares of the company's stock valued at $39,000 after purchasing an additional 157 shares during the last quarter. SBI Securities Co. Ltd. acquired a new position in shares of Victory Capital in the fourth quarter valued at about $43,000. Convergence Investment Partners LLC purchased a new position in shares of Victory Capital in the fourth quarter worth about $193,000. Finally, FourThought Financial Partners LLC acquired a new stake in shares of Victory Capital during the fourth quarter worth about $211,000. Hedge funds and other institutional investors own 87.71% of the company's stock.

Analysts Set New Price Targets

VCTR has been the subject of a number of recent research reports. B. Riley reissued a "neutral" rating and set a $60.00 price target (up from $57.00) on shares of Victory Capital in a research report on Tuesday, January 7th. Barclays decreased their target price on shares of Victory Capital from $75.00 to $59.00 and set an "equal weight" rating for the company in a research report on Wednesday, April 16th. BMO Capital Markets increased their price target on Victory Capital from $73.00 to $82.00 and gave the stock an "outperform" rating in a research report on Monday, February 10th. Bank of America decreased their price objective on Victory Capital from $89.00 to $87.00 and set a "buy" rating for the company in a report on Thursday, April 3rd. Finally, JPMorgan Chase & Co. raised their target price on Victory Capital from $62.00 to $69.00 and gave the stock a "neutral" rating in a report on Tuesday, February 18th. Five analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus target price of $69.67.

Victory Capital Stock Down 1.1 %

Victory Capital stock opened at $57.77 on Friday. Victory Capital Holdings, Inc. has a 12 month low of $43.82 and a 12 month high of $73.42. The stock has a market capitalization of $3.68 billion, a PE ratio of 13.22, a price-to-earnings-growth ratio of 0.55 and a beta of 0.86. The company has a debt-to-equity ratio of 0.84, a current ratio of 1.19 and a quick ratio of 1.19. The business has a 50 day simple moving average of $58.64 and a 200-day simple moving average of $62.70.

Victory Capital (NASDAQ:VCTR - Get Free Report) last posted its quarterly earnings data on Thursday, February 6th. The company reported $1.44 earnings per share for the quarter, topping analysts' consensus estimates of $1.37 by $0.07. Victory Capital had a net margin of 32.33% and a return on equity of 31.08%. On average, analysts anticipate that Victory Capital Holdings, Inc. will post 6.16 EPS for the current fiscal year.

Victory Capital Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 10th. Investors of record on Tuesday, February 18th were paid a $0.47 dividend. The ex-dividend date was Tuesday, February 18th. This is a positive change from Victory Capital's previous quarterly dividend of $0.44. This represents a $1.88 dividend on an annualized basis and a yield of 3.25%. Victory Capital's dividend payout ratio (DPR) is currently 43.02%.

Victory Capital Company Profile

Victory Capital Holdings, Inc, together with its subsidiaries, operates as an asset management company in the United States and internationally. It offers investment advisory, fund administration, fund compliance, fund transfer agent, fund distribution, and other management services. The company provides specialized investment strategies to institutions, intermediaries, retirement platforms, and individual investors.

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