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Virtus Investment Partners Inc (VRTS.OQ)

VRTS.OQ on NASDAQ Stock Exchange Global Select Market

121.45USD
19 Sep 2018
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Latest Key Developments (Source: Significant Developments)

Virtus Investment Amends Credit Agreement With Morgan Stanley
Thursday, 22 Feb 2018 06:23am EST 

Feb 22 (Reuters) - Virtus Investment Partners Inc ::VIRTUS INVESTMENT PARTNERS - ‍ON FEB 15,COMPANY ENTERED INTO AMENDMENT NO. 1 TO CREDIT AGREEMENT WITH MORGAN STANLEY SENIOR FUNDING INC - SEC FILING​.VIRTUS INVESTMENT PARTNERS INC - ‍AMENDMENT NO. 1 ADDITIONAL TERM LENDERS HAVE PROVIDED COMMITMENTS FOR $105 MILLION OF ADDITIONAL TERM LOANS.  Full Article

Virtus Investment Partners Reports Q4 Adjusted Earnings Per Share $2.60
Friday, 2 Feb 2018 08:00am EST 

Feb 2 (Reuters) - Virtus Investment Partners Inc ::VIRTUS INVESTMENT PARTNERS ANNOUNCES FINANCIAL RESULTS FOR THE FOURTH QUARTER 2017.Q4 ADJUSTED EARNINGS PER SHARE $2.60.Q4 EARNINGS PER SHARE $0.46.LONG-TERM ASSETS UNDER MANAGEMENT OF $88.8 BILLION AT DECEMBER 31, 2017 INCREASED $1.7 BILLION, OR 1.9 PERCENT, FROM SEPTEMBER 30, 2017.QTRLY TOTAL SALES WERE $4.1 BILLION COMPARED WITH $4.6 BILLION IN Q3.‍CO WILL ACQUIRE A 70 PERCENT EQUITY INTEREST IN SGA FOR $129.5 MILLION.Q4 EARNINGS PER SHARE VIEW $2.42 -- THOMSON REUTERS I/B/E/S.QTRLY TOTAL REVENUES $128.02 MILLION VERSUS $79.85 MILLION.  Full Article

Virtus Investment Partners Announces Investment In Sustainable Growth Advisers
Friday, 2 Feb 2018 07:03am EST 

Feb 2 (Reuters) - Virtus Investment Partners Inc ::VIRTUS INVESTMENT PARTNERS ANNOUNCES INVESTMENT IN SUSTAINABLE GROWTH ADVISERS.VIRTUS INVESTMENT PARTNERS - ENTERED INTO AGREEMENT TO BUY MAJORITY INTEREST IN SUSTAINABLE GROWTH ADVISERS.VIRTUS INVESTMENT PARTNERS - EXPECTS TO FINANCE TRANSACTION USING BALANCE SHEET RESOURCES, AVAILABLE CAPACITY ON CREDIT FACILITY, AMONG OTHERS.VIRTUS INVESTMENT - WOULD PURCHASE EQUITY INTEREST HELD BY ESTANCIA CAPITAL MANAGEMENT & A PORTION OF EQUITY HELD BY SGA'S PARTNERS.  Full Article

Virtus Investment Partners Q3 adjusted earnings per share $2.30
Friday, 27 Oct 2017 07:30am EDT 

Oct 27 (Reuters) - Virtus Investment Partners Inc ::Virtus Investment Partners announces financial results for the third quarter 2017.Q3 adjusted earnings per share $2.30.Q3 earnings per share view $2.39 -- Thomson Reuters I/B/E/S.Q3 earnings per share $2.21.Virtus Investment Partners Inc - qtrly ‍total sales of $4.6 billion increased 32 percent sequentially and 48 percent from prior-year quarter​.Virtus Investment Partners Inc - qtrly ‍revenues $123.7 million versus $82.3 million​.Virtus Investment Partners - long-term assets under management of $87.1 billion at September 30, 2017 increased $2.1 billion, or 2.5 percent, from June 30, 2017​.Virtus Investment Partners - ‍total assets under management at sept 30, 2017 were $90.6 billion and included $3.4 billion of assets in liquidity strategies​.  Full Article

Virtus Investment Partners reports Q2 adjusted earnings per share $1.61
Friday, 28 Jul 2017 07:30am EDT 

July 28 (Reuters) - Virtus Investment Partners Inc ::Virtus Investment Partners announces financial results for the second quarter 2017.Q2 adjusted earnings per share $1.61.Q2 earnings per share view $1.65 -- Thomson Reuters I/B/E/S.Q2 loss per share $0.34.Virtus Investment Partners Inc says long-term assets under management of $85.0 billion at June 30, 2017 increased $37.0 billion, or 77 percent, from March 31, 2017.Virtus Investment Partners Inc qtrly revenues $94.1 million versus $80.1 million.Virtus Investment Partners Inc qtrly revenues, as adjusted $78.6 million versus $62.6 million.  Full Article

Virtus Investment Partners Q1 earnings per share $1.62
Friday, 28 Apr 2017 07:30am EDT 

April 28 (Reuters) - Virtus Investment Partners Inc :Virtus investment partners announces financial results for the first quarter 2017.Q1 earnings per share $1.62.Q1 adjusted earnings per share $1.16.Virtus investment partners inc- assets under management of $48.0 billion at march 31, 2017 increased $2.7 billion, or 6 percent, from december 31, 2016.Qtrly revenues $79.8 million versus $80.3 million.Qtrly revenues, as adjusted $64.7 million versus $62.4 million.Q1 earnings per share view $1.62, revenue view $69.6 million -- Thomson Reuters I/B/E/S.  Full Article

Virtus Investment Partners' CEO George Aylward's 2016 total compensation was $6.2 mln – SEC Filing
Wednesday, 5 Apr 2017 05:45pm EDT 

Virtus Investment Partners Inc :Virtus Investment Partners Inc - CEO George R. Aylward's 2016 total compensation was $6.2 million versus $6.4 million in 2015 – SEC Filing.  Full Article

Virtus Investment Q4 adjusted EPS $1.75
Wednesday, 25 Jan 2017 07:30am EST 

Virtus Investment Partners Inc : Virtus Investment Partners announces financial results for the fourth quarter 2016 . Q4 earnings per share $1.87 . Q4 earnings per share view $1.80 -- Thomson Reuters I/B/E/S . Q4 adjusted earnings per share $1.75 . Qtrly gaap revenues $79.9 million versus $86.1 million .Qtrly revenues, as adjusted $64.0 million versus $66.7 million.  Full Article

Marcato comments on Virtus' proposed acquisition of Ridgeworth
Tuesday, 24 Jan 2017 08:00am EST 

Virtus Investment Partners Inc : Marcato comments on Virtus' proposed acquisition of Ridgeworth . Marcato Capital Management - released detailed presentation recommending Virtus Investment Finance proposed acquisition of Ridgeworth primarily with cash . Marcato Capital - believes deal should be financed primarily with cash, which will generate EPS accretion of over 50 pct versus virtus' projected 15 pct . Marcato Capital Management Lp - believes Virtus's acquisition of Ridgeworth can be "significantly more accretive to Virtus' earnings per share" .Marcato Capital - believe, by maximizing amount of cash and available balance sheet capacity used in transaction, Virtus can achieve EPS accretion of more than 50 pct.  Full Article

Virtus Investment Partners files for mixed shelf of up to $500 mln
Thursday, 22 Dec 2016 06:12pm EST 

Virtus Investment Partners Inc :Virtus Investment Partners Inc - files for mixed shelf of up to $500 million - sec filing.  Full Article

BRIEF-Virtus Investment Partners Reports Qtrly EPS Of $2.77

* VIRTUS INVESTMENT PARTNERS INC - QTRLY EPS OF $2.77; EPS, AS ADJUSTED, OF $2.59 Source text: [https://bit.ly/2r2Yz7F] Further company coverage: