Price Target Adjustments - Analysts have recently adjusted their price targets for Virtus Investment Partners, with Piper Sandler lowering their target from $218.00 to $206.00 while maintaining an "overweight" rating [1] - Morgan Stanley reduced their price objective from $168.00 to $155.00, assigning an "underweight" rating [1] - Zacks Research upgraded the stock from a "strong sell" to a "hold" rating [1] - TD Cowen decreased their price target from $180.00 to $173.00, also giving a "hold" rating [1] - Barclays reiterated an "underweight" rating with a price objective of $142.00 [1] - The consensus price target for Virtus Investment Partners is currently $169.00, with an average rating of "Reduce" [1] Financial Metrics - Virtus Investment Partners has a market capitalization of $900.41 million and a P/E ratio of 7.96 [2][3] - The company has a debt-to-equity ratio of 0.27, a quick ratio of 11.86, and a current ratio of 11.86 [2][3] - The fifty-day simple moving average is $154.99, while the 200-day simple moving average is $169.54 [2][3] Dividend Information - The company announced a quarterly dividend of $2.40 per share, payable on May 13th, with an annualized dividend of $9.60 and a yield of 7.1% [4] - The dividend payout ratio (DPR) is currently 48.02% [4] Institutional Holdings - Institutional investors hold 80.52% of Virtus Investment Partners' stock [5] - State Street Corp increased its stake by 0.5%, now owning 306,375 shares valued at approximately $49.99 million [5] - Charles Schwab Investment Management Inc. raised its holdings by 1.0%, owning 300,098 shares worth about $48.96 million [5] - Dimensional Fund Advisors LP grew its holdings by 2.4%, now owning 297,128 shares valued at around $48.48 million [5] - Victory Capital Management Inc. increased its stake by 7.0%, owning 245,344 shares valued at approximately $40.03 million [5] - American Century Companies Inc. raised its position by 23.8%, now owning 155,881 shares worth about $29.62 million [5] Stock Performance - Virtus Investment Partners' stock price recently hit a new 52-week low of $131.87, with the last trade at $133.28 [7]