Victory Capital (NASDAQ:VCTR) posted its quarterly earnings results on Monday. The company reported $0.35 EPS for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.35, Morningstar.com reports. The company had revenue of $91.36 million for the quarter, compared to the consensus estimate of $93.76 million. Victory Capital had a net margin of 17.10% and a return on equity of 23.34%.
NASDAQ VCTR traded down $1.58 during trading on Tuesday, reaching $15.71. 10,274 shares of the company’s stock traded hands, compared to its average volume of 126,090. The company has a debt-to-equity ratio of 0.57, a quick ratio of 2.25 and a current ratio of 2.25. The stock has a market cap of $1.10 billion, a price-to-earnings ratio of 10.77 and a beta of 1.60. The company has a 50 day simple moving average of $18.01. Victory Capital has a 12-month low of $7.27 and a 12-month high of $19.96.
A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Renaissance Technologies LLC grew its position in shares of Victory Capital by 41.1% in the 2nd quarter. Renaissance Technologies LLC now owns 501,963 shares of the company’s stock worth $8,624,000 after buying an additional 146,252 shares during the last quarter. Dimensional Fund Advisors LP grew its position in shares of Victory Capital by 452.4% in the 4th quarter. Dimensional Fund Advisors LP now owns 193,219 shares of the company’s stock worth $1,973,000 after buying an additional 158,242 shares during the last quarter. Deutsche Bank AG grew its position in shares of Victory Capital by 10,100.0% in the 4th quarter. Deutsche Bank AG now owns 163,200 shares of the company’s stock worth $1,667,000 after buying an additional 161,600 shares during the last quarter. Weber Alan W purchased a new position in shares of Victory Capital in the 1st quarter worth approximately $1,767,000. Finally, EAM Global Investors LLC purchased a new position in shares of Victory Capital in the 1st quarter worth approximately $1,620,000. 14.69% of the stock is currently owned by institutional investors and hedge funds.
About Victory Capital
Victory Capital Holdings, Inc, together with its subsidiaries, operates as an independent investment management company in the United States. It offers investment advisory, fund administration, and distribution services through broker-dealers, retirement platforms, and registered investment advisor networks.
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