Somewhat Positive Media Coverage Somewhat Unlikely to Affect Virtus Investment Partners (VRTS) Stock Price

News headlines about Virtus Investment Partners (NASDAQ:VRTS) have trended somewhat positive on Monday, Accern reports. The research firm rates the sentiment of media coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Virtus Investment Partners earned a media sentiment score of 0.14 on Accern’s scale. Accern also assigned media headlines about the closed-end fund an impact score of 47.37360736662 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.

These are some of the news stories that may have effected Accern’s scoring:

NASDAQ VRTS opened at $123.80 on Monday. The company has a market cap of $887.81, a P/E ratio of 16.12, a price-to-earnings-growth ratio of 0.27 and a beta of 1.74. Virtus Investment Partners has a one year low of $97.60 and a one year high of $135.90. The company has a debt-to-equity ratio of 0.50, a quick ratio of 17.17 and a current ratio of 17.17.

Virtus Investment Partners (NASDAQ:VRTS) last released its quarterly earnings results on Friday, February 2nd. The closed-end fund reported $2.60 EPS for the quarter, topping the Zacks’ consensus estimate of $2.42 by $0.18. The business had revenue of $128.00 million for the quarter, compared to analyst estimates of $127.09 million. Virtus Investment Partners had a return on equity of 13.75% and a net margin of 8.70%. Virtus Investment Partners’s revenue for the quarter was up 60.2% on a year-over-year basis. During the same period in the prior year, the company earned $1.75 EPS. analysts forecast that Virtus Investment Partners will post 12.36 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, May 15th. Investors of record on Monday, April 30th will be given a dividend of $0.45 per share. The ex-dividend date is Friday, April 27th. This represents a $1.80 dividend on an annualized basis and a yield of 1.45%. Virtus Investment Partners’s dividend payout ratio (DPR) is presently 23.44%.

A number of equities analysts have recently issued reports on VRTS shares. BidaskClub cut Virtus Investment Partners from a “buy” rating to a “hold” rating in a report on Tuesday, December 12th. Goldman Sachs raised Virtus Investment Partners from a “sell” rating to a “neutral” rating and set a $130.00 target price for the company in a report on Tuesday, January 9th. Sandler O’Neill set a $132.00 target price on Virtus Investment Partners and gave the stock a “hold” rating in a report on Thursday, January 11th. Zacks Investment Research raised Virtus Investment Partners from a “hold” rating to a “buy” rating and set a $145.00 target price for the company in a report on Saturday, January 13th. Finally, Barclays increased their target price on Virtus Investment Partners from $133.00 to $140.00 and gave the stock an “equal weight” rating in a report on Monday, February 5th. Seven investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. The company has an average rating of “Hold” and an average price target of $140.63.

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About Virtus Investment Partners

Virtus Investment Partners, Inc (Virtus) is a provider of investment management and related services to individuals and institutions. The Company provides its products in various forms and through multiple distribution channels. Its retail products include open-end mutual funds, closed-end funds, exchange traded funds, variable insurance funds, undertakings for collective investments in transferable securities (UCITS) and separately managed accounts.

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