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Victory Capital Holdings, Inc. - VCTR STOCK NEWS

Welcome to our dedicated page for Victory Capital Holdings news (Ticker: VCTR), a resource for investors and traders seeking the latest updates and insights on Victory Capital Holdings stock.

Victory Capital Holdings, Inc. (symbol: VCTR) is a leading independent investment management firm. Leveraging a next-generation, integrated multi-boutique business model, Victory Capital manages a substantial $62.3 billion in assets as of June 30, 2018. The company’s unique structure is made up of nine autonomous investment franchises, each fostering its own independent culture and distinct investment approach. This setup allows investment professionals to focus solely on delivering superior investment results, free from the encumbrances of other operational responsibilities.

Victory Capital offers a diversified range of investment solutions, including a prominent rules-based solutions platform that features the VictoryShares ETF brand. Moreover, the firm provides custom and multi-asset class strategies, catering to the varied needs of its clientele. The company’s robust infrastructure supports a centralized distribution, marketing, and operational framework, which benefits its franchises and solutions platform.

With a broad spectrum of asset classes and investment vehicles such as separately managed accounts, collective trusts, mutual funds, ETFs, and UMA/SMA vehicles, Victory Capital serves a wide range of clients. These include institutional investors, financial advisors, and retirement platforms. The company’s revenues are primarily derived from asset-based fees related to its investment management products and services.

Headquartered in San Antonio, Texas, Victory Capital has established itself as a significant player in the investment management industry. The firm’s commitment to achieving investment excellence and delivering tailored financial solutions underscores its operational philosophy and market presence.

News

Victory Capital Reports Strong Fourth-Quarter and Full-Year 2023 Results

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Victory Capital Holdings, Inc. (NASDAQ: VCTR) reported a total AUM of $166.6 billion, with long-term gross flows of $6.6 billion and long-term net flows of ($1.1) billion in the fourth quarter of 2023. The GAAP operating margin was 41.9%, and the adjusted EBITDA margin was 52.3% in the quarter. The GAAP net income was $0.82 per diluted share, and the adjusted net income with tax benefit was $1.15 per diluted share. The Board increased the regular quarterly cash dividend by 5% to $0.335. The company's strategic growth initiatives led to improved long-term gross and net flows, as well as increased capital returned to shareholders through share repurchases and cash dividends. The AUM outperforming benchmarks over the respective 3-, 5-, and 10-year periods was 62%, 84%, and 79%, and 70% of AUM in mutual funds and ETFs were rated four or five stars overall by Morningstar.
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Victory Capital Reports December 2023 Assets Under Management

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Victory Capital Holdings, Inc. (NASDAQ: VCTR) reported assets under management of $166.6 billion as of December 31, 2023, with long-term net flows in the fourth quarter of -$1.1 billion. The company will host a conference call on February 9 to discuss the fourth-quarter financial results.
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Milton Berlinski To Resign from Victory Capital Holdings Board of Directors

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Victory Capital Holdings, Inc. (NASDAQ: VCTR) announced the resignation of Milton Berlinski from the Board of Directors after nine years of service. This follows the divestment of shares by private equity funds managed by Reverence, led by Mr. Berlinski. Victory Capital Chairman and CEO, David Brown, expressed gratitude for Mr. Berlinski's contributions, citing the company's rapid growth and well-diversified investment capabilities.
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Victory Capital Adds VictoryShares® Small Cap Free Cash Flow ETF to its ETF Lineup

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Victory Capital Holdings, Inc. (NASDAQ: VCTR) has launched a new rules-based exchange-traded fund (ETF), VictoryShares Small Cap Free Cash Flow ETF (SFLO), which seeks to track the performance of the Victory U.S. Small Cap Free Cash Flow Index. The Index invests in profitable U.S. small-cap companies with high free cash flow yields and favorable growth prospects. SFLO aims to provide investors with the opportunity to capitalize on companies with attractive free cash flow yields without sacrificing growth potential in the small cap allocation of their portfolios.
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Victory Capital Reports November 2023 Assets Under Management

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Victory Capital Holdings, Inc. (NASDAQ: VCTR) reported assets under management (AUM) of $159.6 billion as of November 30, 2023, with average assets under management for November at $155.4 billion. The AUM breakdown by asset class includes Solutions at $57.004 billion, Fixed Income at $23.994 billion, U.S. Mid Cap Equity at $29.050 billion, U.S. Small Cap Equity at $14.586 billion, U.S. Large Cap Equity at $12.192 billion, Global / Non-U.S. Equity at $16.143 billion, and Alternative Investments at $3.366 billion. The company's total long-term assets stand at $156.335 billion, with Money Market / Short Term Assets at $3.266 billion. Victory Capital's AUM by vehicle includes Mutual Funds at $104.863 billion, Separate Accounts and Other Pooled Vehicles at $49.968 billion, and ETFs at $4.769 billion.
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Victory Capital Announces New $100 Million Share Repurchase Program

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Victory Capital Holdings, Inc. (NASDAQ: VCTR) announced a new common stock repurchase program authorizing the repurchase of up to $100 million of its Common Stock through December 31, 2025. The program allows the company to remain flexible and opportunistic with its capital allocation. The shares may be purchased from time to time in the open market or in privately negotiated transactions, depending on various factors.
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Victory Capital Reports October 2023 Assets Under Management

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Victory Capital Holdings, Inc. (NASDAQ: VCTR) reported assets under management (AUM) of $148.9 billion as of October 31, 2023, with average AUM for October at $151.3 billion. The breakdown by asset class includes Solutions at $52,855 million, Fixed Income at $23,254 million, U.S. Mid Cap Equity at $26,968 million, U.S. Small Cap Equity at $13,642 million, U.S. Large Cap Equity at $11,283 million, Global / Non-U.S. Equity at $14,478 million, and Alternative Investments at $3,193 million. The AUM by vehicle includes Mutual Funds at $98,229 million, Separate Accounts and Other Pooled Vehicles at $46,105 million, and ETFs at $4,555 million.
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Victory Capital Reports Strong Third Quarter Earnings

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Victory Capital Holdings, Inc. reported financial results for Q3 2023. Total AUM was $153.5 billion, with long-term gross flows of $5.3 billion and net flows of ($1.7) billion. GAAP operating margin was 38% and adjusted EBITDA margin was 51.1%. GAAP net income was $0.77 per diluted share, while adjusted net income with tax benefit was $1.18 per diluted share. The board authorized a regular $0.32 quarterly cash dividend.
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Victory Capital Reports September 2023 Assets Under Management

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Victory Capital Holdings reports Q3 financial results, with AUM of $153.5 billion as of September 30, 2023.
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Victory Capital Reports August 2023 Assets Under Management

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Victory Capital Holdings reports AUM of $161.9 billion as of August 31, 2023.
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FAQ

What is the current stock price of Victory Capital Holdings (VCTR)?

The current stock price of Victory Capital Holdings (VCTR) is $63.2 as of November 15, 2024.

What is the market cap of Victory Capital Holdings (VCTR)?

The market cap of Victory Capital Holdings (VCTR) is approximately 4.1B.

What does Victory Capital Holdings, Inc. do?

Victory Capital Holdings, Inc. is an independent investment management firm that operates through a multi-boutique business model, offering a variety of investment solutions including mutual funds, ETFs, and managed accounts.

How much assets does Victory Capital manage?

As of June 30, 2018, Victory Capital manages $62.3 billion in assets.

What is the VictoryShares ETF brand?

VictoryShares is the rules-based solutions platform of Victory Capital, featuring a range of exchange-traded funds (ETFs).

Where is Victory Capital Holdings, Inc. headquartered?

Victory Capital Holdings, Inc. is headquartered in San Antonio, Texas.

What types of clients does Victory Capital serve?

Victory Capital serves institutional investors, financial advisors, and retirement platforms.

How does Victory Capital generate its revenue?

The company generates revenue primarily from asset-based fees on its investment management products and services.

What is the business model of Victory Capital?

Victory Capital operates a next-generation, integrated multi-boutique business model comprising nine autonomous investment franchises.

What types of investment vehicles does Victory Capital offer?

Victory Capital offers a variety of investment vehicles, including separately managed accounts, collective trusts, mutual funds, ETFs, and UMA/SMA vehicles.

How does Victory Capital support its investment franchises?

Victory Capital supports its franchises with a centralized distribution, marketing, and operational environment, allowing investment professionals to focus on investment excellence.

Who are the primary beneficiaries of Victory Capital's services?

The primary beneficiaries of Victory Capital's services are institutions, financial advisors, and retirement platforms.

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Victory Capital Holdings, Inc.

Nasdaq:VCTR

VCTR Rankings

#1424 Ranked by Market Cap
#1122 Ranked by Dividends

VCTR Stock Data

4.08B
65.03M
12.35%
78.04%
4.13%
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