5,876 Shares in Victory Capital Holdings, Inc. (NASDAQ:VCTR) Purchased by Vista Finance LLC

Vista Finance LLC bought a new stake in shares of Victory Capital Holdings, Inc. (NASDAQ:VCTR - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 5,876 shares of the company's stock, valued at approximately $385,000. Victory Capital makes up approximately 0.4% of Vista Finance LLC's holdings, making the stock its 25th biggest position.

A number of other institutional investors have also bought and sold shares of VCTR. FMR LLC lifted its holdings in shares of Victory Capital by 18.1% in the 3rd quarter. FMR LLC now owns 1,341 shares of the company's stock valued at $74,000 after acquiring an additional 206 shares during the last quarter. HighTower Advisors LLC increased its position in Victory Capital by 4.2% during the third quarter. HighTower Advisors LLC now owns 9,351 shares of the company's stock valued at $520,000 after acquiring an additional 377 shares during the last quarter. Farther Finance Advisors LLC boosted its position in shares of Victory Capital by 367.5% during the third quarter. Farther Finance Advisors LLC now owns 575 shares of the company's stock valued at $32,000 after buying an additional 452 shares during the period. TD Private Client Wealth LLC lifted its position in shares of Victory Capital by 33.9% during the third quarter. TD Private Client Wealth LLC now owns 1,903 shares of the company's stock worth $105,000 after purchasing an additional 482 shares during the last quarter. Finally, Empirical Financial Services LLC d.b.a. Empirical Wealth Management increased its position in shares of Victory Capital by 11.7% during the fourth quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 4,730 shares of the company's stock worth $310,000 after acquiring an additional 495 shares during the period. Hedge funds and other institutional investors own 87.71% of the company's stock.

Wall Street Analyst Weigh In

VCTR has been the subject of a number of research analyst reports. JPMorgan Chase & Co. increased their price target on Victory Capital from $62.00 to $69.00 and gave the company a "neutral" rating in a research note on Tuesday. The Goldman Sachs Group lifted their price target on Victory Capital from $60.00 to $68.00 and gave the company a "buy" rating in a research note on Tuesday, November 12th. UBS Group upped their price target on shares of Victory Capital from $49.00 to $64.00 and gave the stock a "neutral" rating in a research report on Tuesday, October 22nd. Morgan Stanley raised their price target on shares of Victory Capital from $64.00 to $66.00 and gave the stock an "equal weight" rating in a research note on Friday, December 20th. Finally, Barclays raised their target price on Victory Capital from $70.00 to $75.00 and gave the stock an "equal weight" rating in a research note on Monday, February 10th. Five research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to data from MarketBeat, the stock has an average rating of "Hold" and an average target price of $68.33.

Victory Capital Price Performance

Shares of NASDAQ VCTR traded down $0.45 during trading on Wednesday, reaching $67.92. The company had a trading volume of 276,797 shares, compared to its average volume of 294,631. Victory Capital Holdings, Inc. has a twelve month low of $36.02 and a twelve month high of $73.42. The stock has a market capitalization of $4.42 billion, a PE ratio of 15.54, a price-to-earnings-growth ratio of 0.58 and a beta of 0.89. The stock has a 50-day moving average price of $65.70 and a two-hundred day moving average price of $60.89. The company has a current ratio of 1.19, a quick ratio of 1.19 and a debt-to-equity ratio of 0.84.

Victory Capital (NASDAQ:VCTR - Get Free Report) last announced its quarterly earnings results on Thursday, February 6th. The company reported $1.44 earnings per share for the quarter, beating 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%. As a group, sell-side analysts predict that Victory Capital Holdings, Inc. will post 6.06 earnings per share for the current year.

Victory Capital Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 10th. Shareholders of record on Tuesday, February 18th will be paid a dividend of $0.47 per share. This is a positive change from Victory Capital's previous quarterly dividend of $0.44. The ex-dividend date of this dividend is Tuesday, February 18th. This represents a $1.88 annualized dividend and a yield of 2.77%. Victory Capital's payout ratio is presently 40.27%.

About Victory Capital

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.