662 Shares in Victory Capital Holdings, Inc. (NASDAQ:VCTR) Purchased by SBI Securities Co. Ltd.

SBI Securities Co. Ltd. purchased a new position in Victory Capital Holdings, Inc. (NASDAQ:VCTR) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 662 shares of the company’s stock, valued at approximately $43,000.

Several other institutional investors and hedge funds have also recently modified their holdings of VCTR. Farther Finance Advisors LLC lifted its holdings 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 purchasing an additional 452 shares in the last quarter. Principal Securities Inc. increased its holdings in shares of Victory Capital by 35.2% in the fourth quarter. Principal Securities Inc. now owns 603 shares of the company’s stock worth $39,000 after purchasing an additional 157 shares during the last quarter. Quantbot Technologies LP bought a new position in Victory Capital during the third quarter valued at $72,000. FMR LLC increased its position in Victory Capital by 18.1% during the third 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. Finally, TD Private Client Wealth LLC grew its position in Victory Capital by 33.9% in the 3rd quarter. TD Private Client Wealth LLC now owns 1,903 shares of the company’s stock valued at $105,000 after acquiring an additional 482 shares during the last quarter. 87.71% of the stock is currently owned by institutional investors.

Victory Capital Stock Up 1.2 %

Shares of NASDAQ VCTR opened at $56.52 on Wednesday. The company has a quick ratio of 1.19, a current ratio of 1.19 and a debt-to-equity ratio of 0.84. The business’s 50 day moving average is $64.84 and its two-hundred day moving average is $62.09. Victory Capital Holdings, Inc. has a 52-week low of $39.31 and a 52-week high of $73.42. The firm has a market cap of $3.68 billion, a price-to-earnings ratio of 12.93, a PEG ratio of 0.55 and a beta of 0.90.

Victory Capital (NASDAQ:VCTR) last posted its quarterly earnings data on Thursday, February 6th. The company reported $1.44 earnings per share (EPS) 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%. Research analysts predict that Victory Capital Holdings, Inc. will post 6.16 EPS for the current year.

Victory Capital Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 10th. Stockholders of record on Tuesday, February 18th were given a dividend of $0.47 per share. This represents a $1.88 annualized dividend and a dividend yield of 3.33%. The ex-dividend date was Tuesday, February 18th. This is a boost from Victory Capital’s previous quarterly dividend of $0.44. Victory Capital’s dividend payout ratio is currently 43.02%.

Analyst Ratings Changes

A number of analysts recently weighed in on VCTR shares. JPMorgan Chase & Co. upped their price objective on shares of Victory Capital from $62.00 to $69.00 and gave the stock a “neutral” rating in a research note on Tuesday, February 18th. B. Riley restated a “neutral” rating and issued a $60.00 target price (up previously from $57.00) on shares of Victory Capital in a research note on Tuesday, January 7th. Barclays upped their price target on Victory Capital from $70.00 to $75.00 and gave the stock an “equal weight” rating in a report on Monday, February 10th. Royal Bank of Canada increased their target price on Victory Capital from $61.00 to $72.00 and gave the company an “outperform” rating in a report on Thursday, November 14th. Finally, Morgan Stanley increased their price target on Victory Capital from $64.00 to $66.00 and gave the company an “equal weight” rating in a report on Friday, December 20th. Five research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $68.33.

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.