VRTS Stock Intrinsic Value – Virtus Investment Partners to List Shares on the New York Stock Exchange

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Virtus Investment Partners ($NASDAQ:VRTS) has announced that it will be listing its shares on the New York Stock Exchange (NYSE) from its current stock exchange. This transition has been driven by the strong demand for the company’s shares from investors around the world. The company has a wide range of experience in global markets, and provides a variety of investment services including actively managed equity, fixed income, alternative, and multi-asset strategies for institutions, advisors and individual investors. The company’s strategy is to expand its presence and offerings into geographies and asset classes, leveraging its existing customer base and well-developed distribution network.

This will enable it to take advantage of market opportunities and continue to grow its business. The listing on the NYSE is expected to increase visibility for shareholders, provide greater liquidity and attract institutional investors. This move will help to solidify Virtus Investment Partners’ position as a leader in the asset management industry and provide long-term value to its shareholders.

Price History

Virtus Investment Partners opened at $235.4 and closed at $234.2, down 1.6% from the previous closing price of 238.0. Although the stock’s initial public offering (IPO) was met with some skepticism, the company still managed to make an impressive debut in the financial markets. The company has a diverse selection of funds that range from domestic and international equities, fixed income, and multi-asset solutions, to real estate and private equity investments. The listing of the company’s stock marks a significant milestone for the firm, as it allows the company to access new sources of capital for future investments.

The listing of Virtus Investment Partners’ shares on the NYSE also provides investors with more liquidity options when trading the company’s shares. Overall, the listing of Virtus Investment Partners’ shares on the NYSE is an important development in the company’s history and marks a new chapter of growth for the firm. With its impressive selection of investment solutions, the company could potentially become a major player in the asset management industry in the years to come. 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 Stock Intrinsic Value

Our proprietary Valuation Line indicates that the fair value of VIRTUS INVESTMENT PARTNERS share is around $225.4. Currently, VIRTUS INVESTMENT PARTNERS stock is traded at $234.2, which is a fair price that is slightly overvalued by 3.9%. This may provide an opportunity for long-term investors looking for growth potential. 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 a leading asset management firm with funds that invest in a wide range of asset classes. Recently, the firm announced plans to transfer the listing of its shares from Nasdaq to the New York Stock Exchange (NYSE). This move is expected to improve the visibility of the company and may increase the liquidity of its shares. Analysts believe this could result in an increase in demand for the stock, which could result in a potential share price appreciation.

Additionally, increased access on the NYSE may provide better access to institutional investors, potentially resulting in increased revenue and profit for the firm. Analysts suggest that investors closely monitor the stock to take advantage of potential upside.