VRTS Intrinsic Stock Value – Virtus Investment Partners’ Stock Rises as Piper Sandler Gives ‘Overweight’ Rating

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Virtus Investment Partners ($NASDAQ:VRTS)’ stock rose on the news that Piper Sandler initiated coverage of Virtus Investment Partners with an ‘overweight’ rating. The company has an expansive array of products and services, including mutual funds, separately managed accounts, private equity, hedge funds, and ETFs. The ‘overweight’ rating from Piper Sandler was seen as a positive sign for investors, as it showcases the potential of Virtus Investment Partners to outperform the market. This is due to its long-term investment strategies and its ability to manage risk through diversification, which allows it to remain competitive in volatile markets.

Additionally, its robust product lineup allows investors to access the right investment strategies for their needs. Investors who are looking for exposure to alternative investments may want to consider investing in Virtus Investment Partners.

Market Price

On Wednesday, investors in Virtus Investment Partners (VIRTUS) were rewarded as the company’s stock closed at $235.9, up 4.1% from the prior closing price of $226.6. This news was driven by Piper Sandler’s decision to upgrade their rating of VIRTUS from a “Neutral” to an “Overweight”. The large uptick in VIRTUS’ stock price suggests the market is expecting continued success and growth in the company’s future performance.

Overall, this is good news for those invested in VIRTUS, as it is an indication that they may see larger returns in the near future. Moving forward, investors should keep a close eye on VIRTUS’ stock and how Piper Sandler’s rating change affects the market’s overall opinion of the company. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for VRTS. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for VRTS. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for VRTS. More…

Key Ratios Snapshot

Some of the financial key ratios for VRTS are shown below. More…

Analysis – VRTS Intrinsic Stock Value

At GoodWhale, we have analyzed the wellbeing of VIRTUS INVESTMENT PARTNERS and found that its intrinsic value is around $225.2. This is calculated through our proprietary Valuation Line that uses data from multiple sources to give an accurate assessment of a company’s worth. This is a fair price, however it is slightly overvalued at 4.7%. It’s possible that this slight overvaluation is due to a short-term surge in the stock market or investors being optimistic about the company’s potential. Nevertheless, we believe investors should be aware of this overvaluation before making any decisions about their investments. More…

Peers

Virtus Investment Partners Inc is an American investment management company founded in 1987. The company offers a range of services including asset management, capital markets, and merchant banking. Virtus Investment Partners Inc has a market capitalization of $4.85 billion as of 2019. The company’s competitors include Value Partners Group Ltd, PT Ashmore Asset Management Indonesia Tbk, Diamond Hill Investment Group Inc.

– Value Partners Group Ltd ($SEHK:00806)

Value Partners Group Ltd is a Hong Kong-based investment management firm founded in 1991. The company manages assets for both institutional and retail investors, with a focus on Greater China equities. As of 2022, Value Partners Group Ltd had a market cap of 3.5B and a Return on Equity of -1.94%. The company has been negatively impacted by the COVID-19 pandemic, as many of its clients are based in China and have been affected by the economic slowdown.

– PT Ashmore Asset Management Indonesia Tbk ($IDX:AMOR)

Ashmore Asset Management Indonesia Tbk is one of the largest asset management companies in Indonesia with a market cap of 2.48T as of 2022. The company has a strong focus on providing high-quality asset management services to its clients and has a proven track record in delivering superior returns. The company’s ROE of 33.27% is significantly higher than the average for the Indonesian asset management industry, indicating the company’s strong performance.

– Diamond Hill Investment Group Inc ($NASDAQ:DHIL)

As of 2022, Diamond Hill Investment Group has a market cap of 565.61M and a ROE of 29.78%. The company is an asset management firm that focuses on delivering superior long-term investment results for its clients. Diamond Hill’s investment philosophy is built on the foundation of active management, fundamental research, and disciplined investing. The company seeks to generate alpha through its deep understanding of companies, industries, and markets. Diamond Hill has a team of experienced investment professionals who are committed to providing high-quality service and investment results for its clients.

Summary

Virtus Investment Partners is an investment manager that focuses on providing solutions to individual and institutional investors. Recently, Piper Sandler initiated coverage of the company and gave an “overweight” rating, which has helped to boost the stock price. Investors are optimistic about the company’s potential, given its ability to provide a wide range of strategies for many different types of investors. The firm has a strong team of experienced portfolio managers and research professionals who are committed to helping clients achieve their long-term financial goals.

Virtus Investment Partners’ goal is to provide investments that are tailored to meet the needs of each individual investor. The company also offers a variety of products and services, such as strategic asset allocation and comprehensive portfolio management, which can be used to assist investors in making sound financial decisions. With its reputation for offering quality investments, Virtus Investment Partners is well-positioned to help investors realize their goals.