Home Sectors Financial Services Present Change: Virtus Investment Partners (NASDAQ: VRTS)

Present Change: Virtus Investment Partners (NASDAQ: VRTS)

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Virtus Investment Partners is in the financial services sector and trades as part of the asset management industry. The company CEO is George R. Aylward. Virtus Investment Partners Inc provides investment management and related services to individuals and institutions. Its retail products include open-end mutual funds, closed-end funds, exchange traded funds, and variable insurance funds.

Previous Intraday Trading Performance:

The VRTS stock showed a previous change of -0.10% with an open at 94.91 and a close of 94.82. It reached an intraday high of 95.52 and a low of 92.70.

PR Newswire:  Virtus Global Multi-Sector Income Fund Discloses Sources of Distribution – Section 19(a) Notice

Liquidity:

The stock has a market cap of $677.6m with 7.1m shares outstanding, of which the float is 6.6m shares. Trading volume reached 65,944 shares compared to its average volume of 75,970 shares. Based on the current average volume and close price, the trading liquidity is bad, highly speculative and an investor may want to avoid this stock.

Historical Trading Performance:

Over the last five trading days, Virtus Investment Partners shares returned 5.18% and in the past 30 trading days it returned 28.24%. Over three months, it changed -3.29%. In one year it has changed -25.28% and within that year its 52-week high was 138.03 and its 52-week low was 70.00. VRTS stock is 35.46% above its 52 Week Low.

Our calculations show a 200 day moving average of 110.98 and a 50 day moving average of 85.52. Currently VRTS stock is trading -14.56% below its 200 day moving average and may not be a good opportunity to buy as it may continue to trend down.

PR Newswire:  Virtus Global Dividend & Income Fund Discloses Sources of Distribution – Section 19(a) Notice

Earnings:

The last annual fiscal EPS for the company was reported at 3.93 that ended on 31st of December 2017, which according to the previous close, that is a PE of 24.13. Based on 2 analyst estimates, the consensus EPS for the next quarter is 3.06. The TTM EPS is 12.26, which comes to a TTM PE of 7.73. Historically, the PE high was 53.40 and the PE low was 7.73. VRTS stock has set a new PE low record!

The following are the last four quarter reported earnings per share:
12-31-2018:  3.06
09-30-2018:  3.64
06-30-2018:  2.97
03-31-2018:  2.59

The dividend per share is currently 2.20, which is a dividend yield of 2.32%. Also, the payout ratio is 17.94%, therefore the dividend is safe according to our calculations.

Base on our calculations, the intrinsic value per share is 21.40, which means it may be overvalued by -343.10%

Indicators to Watch:

Based on the latest filings, there is 139.30% of institutional ownership. Short-interest is 0, which is 0.00% of shares outstanding. The short-interest ratio or days-to-cover ratio is 0.00.

The current calculated beta is 1.49

PR Newswire:  Virtus Global Dividend & Income Fund Discloses Sources of Distribution – Section 19(a) Notice

Fundamental Indicators:

Based on last reported financials, the company’s return on assets is 2.52%, profit margin is 18.13%, price-to-sales is 1.64 and price-to-book is 1.21.

Company Scores:

All scores are out of six:
 3  :Valuation Score
 2  :Past Performance Score
 2  :Financial Strength Score
 0  :Future Growth Score
 3  :Dividend Score
 2  :Overall Score

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John Jones
Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks.Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.

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