2 weeks Ago By ABMN Staff
Virtus Investment Partners ( NASDAQ:VRTS – Get Free Report ) had its target price lowered by equities research analysts at Barclays from $200.00 to $149.00 in a note issued to investors on Wednesday, Marketbeat.
com reports. The firm currently has an “underweight” rating on the closed-end fund’s stock. Barclays ‘s target price indicates a potential downside of 0.
02% from the company’s previous close. VRTS has been the topic of a number of other research reports. Morgan Stanley cut their price target on shares of Virtus Investment Partners from $211.
00 to $198.00 and set an “underweight” rating on the stock in a report on Thursday, February 6th. StockNews.
com upgraded Virtus Investment Partners from a “hold” rating to a “buy” rating in a report on Monday, March 3rd. Piper Sandler lowered their price target on Virtus Investment Partners from $252.00 to $216.
00 and set an “overweight” rating on the stock in a report on Tuesday, April 8th. Finally, TD Cowen reduced their price objective on Virtus Investment Partners from $220.00 to $158.
00 and set a “hold” rating for the company in a research note on Wednesday, April 9th. Two research analysts have rated the stock with a sell rating, one has assigned a hold rating and two have given a buy rating to the company’s stock. According to data from MarketBeat, Virtus Investment Partners presently has a consensus rating of “Hold” and an average target price of $179.
00. Check Out Our Latest Report on VRTS Virtus Investment Partners Price Performance Institutional Inflows and Outflows Hedge funds have recently bought and sold shares of the company. Smartleaf Asset Management LLC lifted its holdings in shares of Virtus Investment Partners by 170.
3% during the 4th quarter. Smartleaf Asset Management LLC now owns 200 shares of the closed-end fund’s stock valued at $44,000 after buying an additional 126 shares during the last quarter. R Squared Ltd bought a new stake in Virtus Investment Partners in the fourth quarter worth approximately $75,000.
KBC Group NV increased its stake in shares of Virtus Investment Partners by 61.2% during the 4th quarter. KBC Group NV now owns 395 shares of the closed-end fund’s stock worth $87,000 after purchasing an additional 150 shares during the last quarter.
Everence Capital Management Inc. bought a new position in shares of Virtus Investment Partners during the 4th quarter valued at $203,000. Finally, Trexquant Investment LP acquired a new stake in shares of Virtus Investment Partners in the 4th quarter valued at $209,000.
80.52% of the stock is owned by institutional investors and hedge funds. Virtus Investment Partners Company Profile ( Get Free Report ) Virtus Investment Partners, Inc is a publicly owned investment manager.
The firm primarily provides its services to individual and institutional clients. It launches separate client focused equity and fixed income portfolios. The firm launches equity, fixed income, and balanced mutual funds for its clients.
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