Windmill Hill Asset Management Ltd Invests $910,000 in Victory Capital Holdings, Inc. (NASDAQ:VCTR)

Windmill Hill Asset Management Ltd acquired a new stake in Victory Capital Holdings, Inc. (NASDAQ:VCTR) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 13,902 shares of the company’s stock, valued at approximately $910,000. Victory Capital comprises approximately 0.9% of Windmill Hill Asset Management Ltd’s investment portfolio, making the stock its 13th largest holding.

A number of other institutional investors have also made changes to their positions in the business. The Manufacturers Life Insurance Company raised its stake in shares of Victory Capital by 27.5% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 26,450 shares of the company’s stock worth $1,262,000 after purchasing an additional 5,697 shares in the last quarter. Truist Financial Corp raised its position in Victory Capital by 11.1% during the second quarter. Truist Financial Corp now owns 22,278 shares of the company’s stock worth $1,063,000 after acquiring an additional 2,220 shares in the last quarter. USA Financial Formulas lifted its stake in Victory Capital by 157.9% in the third quarter. USA Financial Formulas now owns 1,104 shares of the company’s stock valued at $61,000 after acquiring an additional 676 shares during the last quarter. Contravisory Investment Management Inc. grew its position in shares of Victory Capital by 53.2% in the 3rd quarter. Contravisory Investment Management Inc. now owns 573 shares of the company’s stock valued at $32,000 after acquiring an additional 199 shares during the period. Finally, Ritholtz Wealth Management acquired a new position in shares of Victory Capital during the 3rd quarter worth about $267,000. Institutional investors own 87.71% of the company’s stock.

Victory Capital Stock Performance

Shares of VCTR stock opened at $65.64 on Friday. The stock has a market capitalization of $4.27 billion, a PE ratio of 16.33, a PEG ratio of 0.56 and a beta of 0.89. The business’s 50 day simple moving average is $65.43 and its 200 day simple moving average is $59.77. The company has a debt-to-equity ratio of 0.84, a current ratio of 1.19 and a quick ratio of 1.19. Victory Capital Holdings, Inc. has a one year low of $34.06 and a one year high of $73.42.

Victory Capital (NASDAQ:VCTR) last announced its earnings results on Thursday, February 6th. The company reported $1.44 EPS for the quarter, beating the consensus estimate of $1.37 by $0.07. Victory Capital had a return on equity of 29.92% and a net margin of 30.82%. As a group, research analysts forecast that Victory Capital Holdings, Inc. will post 5.22 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on VCTR. Morgan Stanley boosted their price target on Victory Capital from $64.00 to $66.00 and gave the company an “equal weight” rating in a research note on Friday, December 20th. BMO Capital Markets upped their price target on shares of Victory Capital from $71.00 to $78.00 and gave the company an “outperform” rating in a research note on Thursday, December 19th. UBS Group lifted their price objective on shares of Victory Capital from $49.00 to $64.00 and gave the stock a “neutral” rating in a research note on Tuesday, October 22nd. Royal Bank of Canada raised their target price on shares of Victory Capital from $61.00 to $72.00 and gave the stock an “outperform” rating in a report on Thursday, November 14th. Finally, The Goldman Sachs Group raised their price objective on Victory Capital from $60.00 to $68.00 and gave the stock a “buy” rating in a research note on Tuesday, November 12th. Five research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat, Victory Capital currently has a consensus rating of “Hold” and an average target price of $65.11.

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.