Janus Henderson Group PLC Grows Position in Victory Capital Holdings, Inc. $VCTR

Janus Henderson Group PLC boosted its holdings in Victory Capital Holdings, Inc. (NASDAQ:VCTR) by 203.5% in the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 58,127 shares of the company’s stock after buying an additional 38,977 shares during the quarter. Janus Henderson Group PLC owned 0.09% of Victory Capital worth $3,805,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the stock. Vanguard Group Inc. lifted its position in Victory Capital by 1.5% during the fourth quarter. Vanguard Group Inc. now owns 4,814,857 shares of the company’s stock valued at $303,769,000 after purchasing an additional 73,142 shares during the period. Capital World Investors lifted its holdings in shares of Victory Capital by 4.3% during the 4th quarter. Capital World Investors now owns 3,768,001 shares of the company’s stock valued at $237,723,000 after buying an additional 155,732 shares during the period. Amundi purchased a new position in shares of Victory Capital in the 4th quarter worth $192,735,000. State Street Corp grew its holdings in shares of Victory Capital by 0.5% in the fourth quarter. State Street Corp now owns 1,857,636 shares of the company’s stock worth $117,198,000 after acquiring an additional 8,322 shares during the period. Finally, Dimensional Fund Advisors LP increased its position in Victory Capital by 14.6% during the first quarter. Dimensional Fund Advisors LP now owns 1,743,465 shares of the company’s stock valued at $114,163,000 after acquiring an additional 221,471 shares during the last quarter. 87.71% of the stock is currently owned by institutional investors.

Victory Capital Stock Up 1.3%

NASDAQ VCTR opened at $108.16 on Friday. Victory Capital Holdings, Inc. has a 12 month low of $57.03 and a 12 month high of $109.93. The company has a current ratio of 1.29, a quick ratio of 1.13 and a debt-to-equity ratio of 0.41. The stock has a market cap of $6.76 billion, a PE ratio of 19.88, a P/E/G ratio of 1.25 and a beta of 1.08. The stock’s 50 day moving average is $91.83 and its 200 day moving average is $79.92.

Victory Capital (NASDAQ:VCTR) last announced its quarterly earnings data on Wednesday, August 5th. The company reported $2.21 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.79 by $0.42. Victory Capital had a net margin of 29.57% and a return on equity of 24.17%. The business had revenue of $435.36 million during the quarter, compared to analyst estimates of $386.09 million. Research analysts predict that Victory Capital Holdings, Inc. will post 7.38 EPS for the current fiscal year.

Victory Capital Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, September 25th. Shareholders of record on Thursday, September 10th will be paid a $0.50 dividend. The ex-dividend date is Thursday, September 10th. This represents a $2.00 annualized dividend and a yield of 1.8%. Victory Capital’s payout ratio is presently 45.05%.

Wall Street Analyst Weigh In

Several research analysts have issued reports on VCTR shares. The Goldman Sachs Group reissued a “neutral” rating and issued a $100.00 target price on shares of Victory Capital in a research report on Friday. Zacks Research raised shares of Victory Capital from a “hold” rating to a “strong-buy” rating in a research report on Friday, July 10th. Weiss Ratings reiterated a “buy (b)” rating on shares of Victory Capital in a research report on Friday, July 17th. Wall Street Zen raised Victory Capital from a “hold” rating to a “buy” rating in a research report on Saturday, May 16th. Finally, JPMorgan Chase & Co. raised their target price on shares of Victory Capital from $87.00 to $101.00 and gave the stock a “neutral” rating in a research note on Friday. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $98.29.

Victory Capital Company Profile

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.