VRTS Intrinsic Value – Texas Permanent School Fund Corp Increases Investment in Virtus Investment Partners as Profits Soar
August 4, 2023
☀️Trending News
The Texas Permanent School Fund Corp recently announced that it is increasing its investment in Virtus Investment Partners ($NASDAQ:VRTS), Inc., as its profits soar. This news came on August 2, 2023, and is seen by many investors as a strong indication of the growing strength of the investment company. Virtus Investment Partners is a leading global asset management firm that offers a broad range of investment capabilities to individuals, institutions, and financial advisors. The company’s managed solutions include equity, fixed income, multi-asset, and alternatives strategies as well as a wide range of separately managed accounts.
Additionally, Virtus’ investment approach combines both active and passive strategies in order to maximize returns for their clients. This incredible profitability has driven the company to become one of the top performing asset management firms in the industry. With strong profits and a focus on delivering excellent results to its clients, there is no doubt that Virtus will continue to be a leader in the asset management field.
Stock Price
The move came as Virtus Investment Partners’ stock opened at $202.0 and closed at $204.2, up by 0.5% from the previous closing price of 203.3. This rise in stock price is indicative of the company’s increased profits, which have seen steady growth over the past year. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for VRTS. More…
| Total Revenues | Net Income | Net Margin |
| 815.73 | 135.96 | 16.9% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for VRTS. More…
| Operations | Investing | Financing |
| 171.49 | -27.47 | -102.06 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for VRTS. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 3.7k | 2.75k | 116.83 |
Key Ratios Snapshot
Some of the financial key ratios for VRTS are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 12.8% | 4.8% | 37.8% |
| FCF Margin | ROE | ROA |
| 20.3% | 22.8% | 5.2% |
Analysis – VRTS Intrinsic Value
At GoodWhale, we believe that understanding a company’s fundamentals is essential for making a wise investment decision. That’s why we offer a suite of tools to help investors analyze the financial health of VIRTUS INVESTMENT PARTNERS. Our analysis reveals an intrinsic value of $227.9, which is calculated using our proprietary Valuation Line. Currently, VIRTUS INVESTMENT PARTNERS is trading at $204.2 – indicating that the stock is undervalued by 10.4%. As such, we believe that VIRTUS INVESTMENT PARTNERS may be a good buy for investors who are looking for a bargain. 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, Inc. has seen a surge in profits recently, with the Texas Permanent School Fund Corp amplifying their stake in the company. Analysis of the company’s investments has shown that its strategies and platforms have been successful in providing investors with strong returns, while minimizing risk. The company’s portfolio has been diversified across a wide range of industries and asset classes, while also focusing on customer service and technological innovation. This has resulted in a solid track record of successful investments and steady returns.
