Windmill Hill Asset Management Ltd Purchases New Shares in Victory Capital Holdings, Inc. (NASDAQ:VCTR)

Windmill Hill Asset Management Ltd acquired a new position in Victory Capital Holdings, Inc. (NASDAQ:VCTR - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 13,902 shares of the company's stock, valued at approximately $910,000. Victory Capital comprises approximately 0.9% of Windmill Hill Asset Management Ltd's investment portfolio, making the stock its 13th largest holding.

A number of other large investors have also recently added to or reduced their stakes in VCTR. World Investment Advisors LLC purchased a new position in shares of Victory Capital in the third quarter worth approximately $918,000. Geode Capital Management LLC grew its position in Victory Capital by 10.8% during the 3rd quarter. Geode Capital Management LLC now owns 1,036,725 shares of the company's stock worth $57,446,000 after purchasing an additional 101,247 shares in the last quarter. McIlrath & Eck LLC acquired a new stake in Victory Capital during the 3rd quarter valued at $565,000. Bank of Montreal Can lifted its holdings in shares of Victory Capital by 282.0% in the third quarter. Bank of Montreal Can now owns 43,453 shares of the company's stock valued at $2,412,000 after purchasing an additional 32,079 shares in the last quarter. Finally, Royce & Associates LP acquired a new position in Victory Capital during the third quarter valued at $7,755,000. 87.71% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on VCTR shares. UBS Group lifted their target price on Victory Capital from $49.00 to $64.00 and gave the company a "neutral" rating in a research note on Tuesday, October 22nd. Royal Bank of Canada lifted their target price on shares of Victory Capital from $61.00 to $72.00 and gave the company an "outperform" rating in a research note on Thursday, November 14th. The Goldman Sachs Group upped their price target on shares of Victory Capital from $60.00 to $68.00 and gave the stock a "buy" rating in a research note on Tuesday, November 12th. Barclays lifted their price objective on Victory Capital from $70.00 to $75.00 and gave the company an "equal weight" rating in a research report on Monday. Finally, B. Riley restated a "neutral" rating and set a $60.00 price target (up previously from $57.00) on shares of Victory Capital in a report on Tuesday, January 7th. Five investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat, the company currently has an average rating of "Hold" and an average target price of $66.11.

Victory Capital Stock Performance

Victory Capital stock traded down $1.00 on Tuesday, hitting $68.98. The company's stock had a trading volume of 114,639 shares, compared to its average volume of 302,550. The company has a fifty day moving average price of $65.46 and a 200-day moving average price of $60.11. The firm has a market cap of $4.49 billion, a P/E ratio of 15.77, a price-to-earnings-growth ratio of 0.55 and a beta of 0.89. Victory Capital Holdings, Inc. has a one year low of $34.49 and a one year high of $73.42. The company has a quick ratio of 1.19, a current ratio of 1.19 and a debt-to-equity ratio of 0.84.

Victory Capital (NASDAQ:VCTR - Get Free Report) last released its quarterly earnings data on Thursday, February 6th. The company reported $1.44 earnings per share for the quarter, beating the consensus estimate of $1.37 by $0.07. Victory Capital had a return on equity of 31.08% and a net margin of 32.33%. On average, equities analysts anticipate that Victory Capital Holdings, Inc. will post 6.06 earnings per share for the current year.

Victory Capital Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 10th. Stockholders of record on Tuesday, February 18th will be issued a $0.47 dividend. 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 dividend yield of 2.73%. Victory Capital's dividend payout ratio is presently 40.27%.

Victory Capital 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.