Victory Capital Holdings, Inc., together with its subsidiaries, operates as an asset management company worldwide. It offers investment management, fund administration, fund compliance, fund transfer agent, and fund distribution services. The company provides specialized investment strategies to institutions, intermediaries, retirement platforms, and individual investors. As of December 31, 2020, its franchises and solutions platform managed a set of 117 investment strategies for a range of institutional and retail clients, and direct investors. Victory Capital has strategic alliance with Xavier University of Louisiana. Victory Capital Holdings, Inc. was founded in 2013 and is headquartered in San Antonio, Texas.
IPO Year: 2018
Exchange: NASDAQ
Website: vcm.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
10/18/2024 | $40.00 → $60.00 | Underweight → Equal-Weight | Morgan Stanley |
8/27/2024 | $58.00 | Equal Weight | Barclays |
10/11/2023 | $36.00 → $33.00 | Neutral | UBS |
7/10/2023 | $39.00 → $46.00 | Outperform | BMO Capital Markets |
3/27/2023 | $27.00 → $35.00 | Underweight → Overweight | Piper Sandler |
11/23/2022 | $34.00 → $29.00 | Overweight → Underweight | Piper Sandler |
8/9/2022 | Perform | Oppenheimer | |
6/29/2022 | $34.00 → $29.00 | Outperform → Mkt Perform | Keefe Bruyette |
5/23/2022 | $36.00 | Buy | B. Riley Securities |
4/26/2022 | $30.00 | Neutral | UBS |
Cognizant will provide IT infrastructure, security, and data and analytics support to Victory Capital's next phase of digital transformation.TEANECK, N.J., July 17, 2024 /PRNewswire/ -- Cognizant (NASDAQ:CTSH) announced today a five-year strategic collaboration with Victory Capital Holdings, Inc. (NASDAQ:VCTR) ("Victory Capital"), a diversified global asset management firm. Cognizant anticipates providing Victory Capital with technology infrastructure, security, and data and analytics capabilities, which will include infrastructure management, security engineering, a 24/7 security operations center, and a comprehensive service desk, which will provide infrastructure and application monitorin
Ratings for Victory Capital Holdings (NASDAQ:VCTR) were provided by 10 analysts in the past three months, showcasing a mix of bullish and bearish perspectives. The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 2 3 3 2 0 Last 30D 1 0 0 0 0 1M Ago 0 0 1 0 0 2M Ago 0 2 1 1 0 3M Ago 1 1 1 1 0 In the assessment of 12-month price targets, analysts unveil insights for Victory Capital Holdings, presenting an average target of $49.6, a high estimate of $58.00, and a low estimate of $3
B of A Securities analyst Craig Siegenthaler maintains Victory Capital Holdings (NASDAQ:VCTR) with a Buy and lowers the price target from $59 to $58.
UBS analyst Adam Beatty maintains Victory Capital Holdings (NASDAQ:VCTR) with a Neutral and lowers the price target from $50 to $49.
Under the distribution agreements, Victory Capital will be the supplier of US-manufactured active asset management products for Amundi's distribution outside of the US. Additionally, Victory Capital will become the distributor of Amundi's non-US manufactured products in the US.
In the last three months, 9 analysts have published ratings on Victory Capital Holdings (NASDAQ:VCTR), offering a diverse range of perspectives from bullish to bearish. The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 2 3 2 2 0 Last 30D 0 0 0 1 0 1M Ago 1 3 2 1 0 2M Ago 0 0 0 0 0 3M Ago 1 0 0 0 0 Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $48.56, along with a hig
Morgan Stanley analyst Michael Cyprys maintains Victory Capital Holdings (NASDAQ:VCTR) with a Underweight and raises the price target from $32 to $39.
RBC Capital analyst Kenneth Lee maintains Victory Capital Holdings (NASDAQ:VCTR) with a Outperform and raises the price target from $47 to $56.
JP Morgan analyst Kenneth Worthington maintains Victory Capital Holdings (NASDAQ:VCTR) with a Neutral and raises the price target from $43 to $45.
4 - Victory Capital Holdings, Inc. (0001570827) (Issuer)
4 - Victory Capital Holdings, Inc. (0001570827) (Issuer)
4 - Victory Capital Holdings, Inc. (0001570827) (Issuer)
4 - Victory Capital Holdings, Inc. (0001570827) (Issuer)
4 - Victory Capital Holdings, Inc. (0001570827) (Issuer)
4 - Victory Capital Holdings, Inc. (0001570827) (Issuer)
4 - Victory Capital Holdings, Inc. (0001570827) (Issuer)
4 - Victory Capital Holdings, Inc. (0001570827) (Issuer)
4 - Victory Capital Holdings, Inc. (0001570827) (Issuer)
3 - Victory Capital Holdings, Inc. (0001570827) (Issuer)
8-K - Victory Capital Holdings, Inc. (0001570827) (Filer)
10-Q - Victory Capital Holdings, Inc. (0001570827) (Filer)
8-K - Victory Capital Holdings, Inc. (0001570827) (Filer)
8-K - Victory Capital Holdings, Inc. (0001570827) (Filer)
8-K - Victory Capital Holdings, Inc. (0001570827) (Filer)
DEFA14A - Victory Capital Holdings, Inc. (0001570827) (Filer)
8-K - Victory Capital Holdings, Inc. (0001570827) (Filer)
8-K - Victory Capital Holdings, Inc. (0001570827) (Filer)
DEFM14A - Victory Capital Holdings, Inc. (0001570827) (Filer)
PREM14A - Victory Capital Holdings, Inc. (0001570827) (Filer)
Victory Capital Holdings, Inc. (NASDAQ:VCTR) ("Victory Capital" or the "Company") today reported that its Board of Directors has appointed Vice Admiral (Retired) Mary M. Jackson as a Class II Director. Commenting on the appointment, David Brown, Chairman and CEO said: "Mary brings a wealth of experience to our Board from her more than three decades of service in the U.S. Navy where she led operations on a global scale, including the development of strategic plans, policy, resourcing, compliance, and oversight. Following her Navy career, she continues to support others through leadership training and Board service on behalf of both public and private organizations. We look forward to her co
SAN ANTONIO--(BUSINESS WIRE)--Victory Capital Holdings, Inc. (NASDAQ: VCTR) (“Victory Capital” or the “Company”) today announced that it has named Nikhil Sudan to the newly created position of President, Direct Investor Business. Sudan, 44, will join Victory Capital from McKinsey & Company, where he is a Partner located in the company’s New York office, and a leader of McKinsey’s wealth and asset management practice. In that role, he has served global asset managers, wealth managers, hedge funds, and private equity managers on a range of strategies for growth, distribution, client experience, digital and analytics, and mergers and acquisitions. “Launching our Direct Investor Bus
Victory Capital Holdings, Inc. (NASDAQ:VCTR) ("Victory Capital" or the "Company") today reported Total Assets Under Management (AUM) of $172.3 billion, Other Assets of $4.2 billion, and Total Client Assets of $176.5 billion, as of October 31, 2024. For the month of October, average Total AUM was $175.0 billion, average Other Assets was $4.6 billion, and average Total Client Assets was $179.6 billion. Victory Capital Holdings, Inc. Total Client Assets (unaudited; in millions) 1 As of: By Asset Class October 31, 2024 September 30,2024 Solutions $ 61,409 $ 62,544 Fixed Income
Third-Quarter Highlights Total Client Assets of $181.1 billion Long-term gross flows of $5.9 billion Long-term net flows of ($2.6) billion GAAP operating margin of 53.3% GAAP net income per diluted share of $1.24 Adjusted EBITDA margin of 53.7% Adjusted net income with tax benefit per diluted share of $1.35 Board authorizes an 7% increase in regular quarterly cash dividend to $0.44 Victory Capital Holdings, Inc. (NASDAQ:VCTR) ("Victory Capital" or "the Company") today reported financial results for the quarter ended September 30, 2024. "During the third quarter, we made excellent progress toward closing the Amundi transaction," said David Brown, Chairman and Chief Executi
Victory Capital Holdings, Inc. (NASDAQ:VCTR) ("Victory Capital" or the "Company") today announced that the Company's stockholders voted to approve all proposals related to the previously announced contribution agreement between Victory Capital and Amundi at the Company's Special Meeting held on October 11, 2024. David Brown, Chairman and Chief Executive Officer said: "I would like to thank our shareholders for their ongoing support as we execute on our growth strategy. This is another significant milestone as we advance toward completing the transaction with Amundi, which we anticipate will close in the first quarter of 2025. Integration is progressing as planned. We are also reaffirming o
Schedules Third-Quarter Financial Results Conference Call for November 8 Victory Capital Holdings, Inc. (NASDAQ:VCTR) ("Victory Capital" or the "Company") today reported Total Assets Under Management (AUM) of $176.1 billion, Other Assets of $5.0 billion, and Total Client Assets of $181.1 billion, as of September 30, 2024. For the month of September, average Total AUM was $173.8 billion, average Other Assets was $5.0 billion, and average Total Client Assets was $178.7 billion. For the third quarter, the Company reported long-term AUM net flows of -$2.6 billion. Victory Capital Holdings, Inc. Total Client Assets (unaudited; in millions) 1 As of: By Asset C
Victory Capital Holdings, Inc. (NASDAQ:VCTR) ("Victory Capital" or the "Company") today reported Total Assets Under Management (AUM) of $173.8 billion, Other Assets of $4.9 billion, and Total Client Assets of $178.8 billion, as of August 31, 2024. For the month of August, average Total AUM was $171.1 billion, average Other Assets was $4.9 billion, and average Total Client Assets was $176.0 billion. Victory Capital Holdings, Inc. Total Client Assets (unaudited; in millions) 1 As of: By Asset Class August 31, 2024 July 31, 2024 Solutions $ 61,315 $ 59,942 Fixed Income 24,887 24,799 U.S. Mid Cap Equity
Victory Capital Holdings, Inc. (NASDAQ:VCTR) ("Victory Capital" or the "Company") today reported Total Assets Under Management (AUM) of $172.1 billion, Other Assets of $4.8 billion, and Total Client Assets of $177.0 billion, as of July 31, 2024. For the month of July, average Total AUM was $170.8 billion, average Other Assets was $5.0 billion, and average Total Client Assets was $175.7 billion. Victory Capital Holdings, Inc. Total Client Assets (unaudited; in millions) 1 As of: By Asset Class July 31, 2024 June 30, 2024 Solutions $ 59,942 $ 58,936
Second-Quarter Highlights Total Client Assets of $173.8 billion Long-term gross flows of $5.8 billion Long-term net flows of ($1.7) billion GAAP operating margin of 50.4% GAAP net income per diluted share of $1.12 Adjusted EBITDA margin of 53.0% Adjusted net income with tax benefit per diluted share of $1.31 Board authorizes an 11% increase in regular quarterly cash dividend to $0.41 Victory Capital Holdings, Inc. (NASDAQ:VCTR) ("Victory Capital" or "the Company") today reported financial results for the quarter ended June 30, 2024. "Our most significant development during the first half of 2024 was forging the long-term agreement to become strategic partners wi
Cognizant will provide IT infrastructure, security, and data and analytics support to Victory Capital's next phase of digital transformation. TEANECK, N.J., July 17, 2024 /PRNewswire/ -- Cognizant (NASDAQ:CTSH) announced today a five-year strategic collaboration with Victory Capital Holdings, Inc. (NASDAQ:VCTR) ("Victory Capital"), a diversified global asset management firm. Cognizant anticipates providing Victory Capital with technology infrastructure, security, and data and analytics capabilities, which will include infrastructure management, security engineering, a 24/7 security operations center, and a comprehensive service desk, which will provide infrastructure and application monitori
Victory Capital Holdings, Inc. (NASDAQ:VCTR) ("Victory Capital" or the "Company") today announced that the Company will release second-quarter 2024 financial results after the market closes on Thursday, August 8, 2024. The Company will host a conference call to discuss the results the following morning, Friday, August 9, at 8:00 a.m. ET. Victory Capital's earnings release and supplemental materials will be available on the investor relations section of the Company's website at https://ir.vcm.com before the conference call begins. To participate in the conference call, please call 1-888-330-3571 (domestic) or 1-646-960-0657 (international), shortly before 8:00 a.m. ET and reference the V
Schedules Second-Quarter Financial Results Conference Call for August 2 Victory Capital Holdings, Inc. (NASDAQ:VCTR) ("Victory Capital" or the "Company") today reported Total Assets Under Management (AUM) of $168.7 billion, Other Assets of $5.1 billion, and Total Client Assets of $173.8 billion, as of June 30, 2024. For the month of June, average Total AUM was $168.7 billion, average Other Assets was $5.0 billion, and average Total Client Assets was $173.8 billion. For the second quarter, the Company reported long-term AUM net flows of -$1.7 billion. Victory Capital Holdings, Inc. Total Client Assets (unaudited; in millions) 1 As of: By As
Morgan Stanley upgraded Victory Capital from Underweight to Equal-Weight and set a new price target of $60.00 from $40.00 previously
Barclays initiated coverage of Victory Capital with a rating of Equal Weight and set a new price target of $58.00
UBS resumed coverage of Victory Capital with a rating of Neutral and set a new price target of $33.00 from $36.00 previously
BMO Capital Markets resumed coverage of Victory Capital with a rating of Outperform and set a new price target of $46.00 from $39.00 previously
Piper Sandler upgraded Victory Capital from Underweight to Overweight and set a new price target of $35.00 from $27.00 previously
Piper Sandler downgraded Victory Capital from Overweight to Underweight and set a new price target of $29.00 from $34.00 previously
Oppenheimer resumed coverage of Victory Capital with a rating of Perform
Keefe Bruyette downgraded Victory Capital from Outperform to Mkt Perform and set a new price target of $29.00 from $34.00 previously
B. Riley Securities resumed coverage of Victory Capital with a rating of Buy and set a new price target of $36.00
UBS initiated coverage of Victory Capital with a rating of Neutral and set a new price target of $30.00
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Third-Quarter Highlights Total Client Assets of $181.1 billion Long-term gross flows of $5.9 billion Long-term net flows of ($2.6) billion GAAP operating margin of 53.3% GAAP net income per diluted share of $1.24 Adjusted EBITDA margin of 53.7% Adjusted net income with tax benefit per diluted share of $1.35 Board authorizes an 7% increase in regular quarterly cash dividend to $0.44 Victory Capital Holdings, Inc. (NASDAQ:VCTR) ("Victory Capital" or "the Company") today reported financial results for the quarter ended September 30, 2024. "During the third quarter, we made excellent progress toward closing the Amundi transaction," said David Brown, Chairman and Chief Executi
Schedules Third-Quarter Financial Results Conference Call for November 8 Victory Capital Holdings, Inc. (NASDAQ:VCTR) ("Victory Capital" or the "Company") today reported Total Assets Under Management (AUM) of $176.1 billion, Other Assets of $5.0 billion, and Total Client Assets of $181.1 billion, as of September 30, 2024. For the month of September, average Total AUM was $173.8 billion, average Other Assets was $5.0 billion, and average Total Client Assets was $178.7 billion. For the third quarter, the Company reported long-term AUM net flows of -$2.6 billion. Victory Capital Holdings, Inc. Total Client Assets (unaudited; in millions) 1 As of: By Asset C
Second-Quarter Highlights Total Client Assets of $173.8 billion Long-term gross flows of $5.8 billion Long-term net flows of ($1.7) billion GAAP operating margin of 50.4% GAAP net income per diluted share of $1.12 Adjusted EBITDA margin of 53.0% Adjusted net income with tax benefit per diluted share of $1.31 Board authorizes an 11% increase in regular quarterly cash dividend to $0.41 Victory Capital Holdings, Inc. (NASDAQ:VCTR) ("Victory Capital" or "the Company") today reported financial results for the quarter ended June 30, 2024. "Our most significant development during the first half of 2024 was forging the long-term agreement to become strategic partners wi
Victory Capital Holdings, Inc. (NASDAQ:VCTR) ("Victory Capital" or the "Company") today announced that the Company will release second-quarter 2024 financial results after the market closes on Thursday, August 8, 2024. The Company will host a conference call to discuss the results the following morning, Friday, August 9, at 8:00 a.m. ET. Victory Capital's earnings release and supplemental materials will be available on the investor relations section of the Company's website at https://ir.vcm.com before the conference call begins. To participate in the conference call, please call 1-888-330-3571 (domestic) or 1-646-960-0657 (international), shortly before 8:00 a.m. ET and reference the V
Schedules Second-Quarter Financial Results Conference Call for August 2 Victory Capital Holdings, Inc. (NASDAQ:VCTR) ("Victory Capital" or the "Company") today reported Total Assets Under Management (AUM) of $168.7 billion, Other Assets of $5.1 billion, and Total Client Assets of $173.8 billion, as of June 30, 2024. For the month of June, average Total AUM was $168.7 billion, average Other Assets was $5.0 billion, and average Total Client Assets was $173.8 billion. For the second quarter, the Company reported long-term AUM net flows of -$1.7 billion. Victory Capital Holdings, Inc. Total Client Assets (unaudited; in millions) 1 As of: By As
Victory Capital Holdings, Inc. (NASDAQ:VCTR) ("Victory Capital" or the "Company") today announced that it has reached a definitive agreement with Amundi ("Amundi"), for their previously announced transaction. Consistent with the Memorandum of Understanding announced on April 16, 2024, Amundi and Victory Capital have entered into reciprocal 15-year distribution agreements which will be effective upon closing of the transaction, the Amundi US business (formerly Pioneer Investments) will be combined into Victory Capital, and Amundi will become a strategic shareholder of Victory Capital. David Brown, Chairman and Chief Executive Officer said: "This strategic relationship accelerates the glo
First-Quarter Highlights Total Client Assets of $175.5 billion Long-term gross flows of $7.0 billion Long-term net flows of ($1.0) billion GAAP operating margin of 39.3% GAAP net income of $0.84 per diluted share Adjusted EBITDA margin of 52.1% Adjusted net income with tax benefit of $1.25 per diluted share Board authorizes a 10% increase in regular quarterly cash dividend to $0.37 Victory Capital Holdings, Inc. (NASDAQ:VCTR) ("Victory Capital" or "the Company") today reported financial results for the quarter ended March 31, 2024. "We achieved very strong results to start 2024," said David Brown, Chairman and Chief Executive Officer. "During the first quarter,
Amundi US to combine into Victory Capital Amundi to become a strategic shareholder of Victory Capital Reciprocal 15-year exclusive distribution agreements Amundi and Victory Capital (NASDAQ:VCTR) are announcing today that they have signed a Memorandum of Understanding to combine Amundi US into Victory Capital, for Amundi to become a strategic shareholder of Victory Capital, and to establish long-term global distribution agreements. The proposed transaction would create a broader US investment platform for clients of both firms, provide Amundi with access to a wider set of US-managed capabilities, and expand worldwide distribution for Victory Capital. The proposed transaction wou
Schedules First-Quarter Financial Results Conference Call for May 10 Victory Capital Holdings, Inc. (NASDAQ:VCTR) ("Victory Capital" or the "Company") today reported Total Assets Under Management (AUM) of $170.3 billion, Other Assets of $5.1 billion, and Total Client Assets of $175.5 billion, as of March 31, 2024. For the month of March, Average Total AUM was $167.6 billion, average Other Assets was $5.3 billion, and average Total Client Assets was $172.9 billion. For the first quarter, the Company reported long-term AUM net flows of -$1.0 billion. Victory Capital Holdings, Inc. Total Client Assets (unaudited; in millions) 1 As of: By A
Fourth-Quarter 2023 Highlights Total Assets Under Management (AUM) of $166.6 billion1 Long-term gross flows of $6.6 billion in the quarter Long-term net flows of ($1.1) billion in the quarter GAAP operating margin of 41.9% Adjusted EBITDA margin of 52.3% in the quarter2 GAAP net income of $0.82 per diluted share Adjusted net income with tax benefit of $1.15 per diluted share2 Board increased regular quarterly cash dividend by 5% to $0.335 Victory Capital Holdings, Inc. (NASDAQ:VCTR) ("Victory Capital" or "the Company") today reported financial results for the quarter and year ended December 31, 2023. "We made significant progress in our strategic growth initiati