TipRanks (Fri, 19-Apr 5:50 AM ET)
Victory Capital Holdings (VCTR) Receives a Rating Update from a Top Analyst
TipRanks (Wed, 17-Apr 7:45 AM ET)
Victory Capital Announces Strategic Integration with Amundi US
TipRanks (Tue, 16-Apr 5:42 PM ET)
Amundi US to combine into Victory Capital
Seeking Alpha News (Tue, 16-Apr 4:28 AM ET)
Amundi and Victory Capital announce plan to establish a strategic partnership:
Business Wire (Tue, 16-Apr 1:45 AM ET)
Victory Capital Reports March 2024 Total Client Assets
Business Wire (Tue, 9-Apr 4:29 PM ET)
PRNewswire (Tue, 2-Apr 11:00 AM ET)
Victory Capital Receives Nine 2024 US LSEG Lipper Fund Awards
Business Wire (Thu, 14-Mar 8:30 AM ET)
Victory Capital Reports February 2024 Total Client Assets
Business Wire (Mon, 11-Mar 4:30 PM ET)
Victory Capital Reports January 2024 Assets Under Management
Business Wire (Mon, 12-Feb 4:30 PM ET)
Victory Capital Holdings Inc is an independent investment management firm. The company operates its business through franchises and solutions platform. It provides centralized distribution, marketing, and operations infrastructure to the company's franchises and solutions platform. The company operates through one business segment that is Investment management services and products to institutional, intermediary, retirement platforms, and individual investors. The franchises and solutions platform manages a variety of investment strategies for its customers. It derives majority of its revenues from asset-based fees from investment management products and services to individuals and institutions.
Victory Capital Holdings trades on the NASDAQ stock market under the symbol VCTR.
As of April 19, 2024, VCTR stock price climbed to $47.07 with 374,800 million shares trading.
VCTR has a beta of 1.10, meaning it tends to be more sensitive to market movements. VCTR has a correlation of 0.28 to the broad based SPY ETF.
VCTR has a market cap of $3.02 billion. This is considered a Mid Cap stock.
Last quarter Victory Capital Holdings reported $206 million in Revenue and $1.15 earnings per share. This beat revenue expectation by $2 million and exceeded earnings estimates by $.02.
In the last 3 years, VCTR stock traded as high as $47.85 and as low as $22.22.
The top ETF exchange traded funds that VCTR belongs to (by Net Assets): VTI, IWM, VB, VXF, SMIG.
VCTR has outperformed the market in the last year with a price return of +60.6% while the SPY ETF gained +21.7%. VCTR has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +38.0% and +10.9%, respectively, while the SPY returned +4.8% and -3.0%, respectively.
VCTR support price is $45.09 and resistance is $46.71 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that VCTR stock will trade within this expected range on the day.