News coverage about Virtus Investment Partners (NASDAQ:VRTS) has been trending somewhat positive on Friday, according to Accern Sentiment Analysis. The research group identifies negative and positive media coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Virtus Investment Partners earned a coverage optimism score of 0.12 on Accern’s scale. Accern also assigned media stories about the closed-end fund an impact score of 46.2131206431533 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Here are some of the media stories that may have impacted Accern Sentiment’s rankings:
- Virtus Investment Partners (VRTS) Declares $0.45 Quarterly Dividend; 1.5% Yield (streetinsider.com)
- Virtus Investment Partners Declares Quarterly Cash Dividends On Common and Preferred Stock (finance.yahoo.com)
- Virtus Investment Partners (VRTS) Lifted to “Buy” at BidaskClub (americanbankingnews.com)
- Virtus Investment Partners (VRTS) Upgraded to B by TheStreet (americanbankingnews.com)
Virtus Investment Partners (NASDAQ VRTS) opened at $118.70 on Friday. Virtus Investment Partners has a 1-year low of $97.60 and a 1-year high of $128.10. The company has a market cap of $862.18, a price-to-earnings ratio of 17.51, a price-to-earnings-growth ratio of 0.64 and a beta of 1.89.
Several equities research analysts have weighed in on the stock. Barclays increased their price target on shares of Virtus Investment Partners from $113.00 to $116.00 and gave the company an “equal weight” rating in a research report on Tuesday, October 10th. Jefferies Group restated a “hold” rating and issued a $117.00 price objective on shares of Virtus Investment Partners in a report on Friday, August 18th. Morgan Stanley set a $121.00 price objective on shares of Virtus Investment Partners and gave the stock a “hold” rating in a report on Monday, October 23rd. TheStreet upgraded shares of Virtus Investment Partners from a “c+” rating to a “b” rating in a report on Thursday, November 30th. Finally, ValuEngine lowered shares of Virtus Investment Partners from a “buy” rating to a “hold” rating in a report on Friday, September 1st. One investment analyst has rated the stock with a sell rating, six have given a hold rating and one has issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of $130.50.
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Virtus Investment Partners Company Profile
Virtus Investment Partners, Inc (Virtus) is a provider of investment management and related services to individuals and institutions. The Company provides its products in various forms and through multiple distribution channels. Its retail products include open-end mutual funds, closed-end funds, exchange traded funds, variable insurance funds, undertakings for collective investments in transferable securities (UCITS) and separately managed accounts.
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