Virtus Investment Partners Inc (VRTS) Files 10-K for the Fiscal Year Ended on December 31, 2019

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Feb 27, 2020
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Virtus Investment Partners Inc (VRTS, Financial)(30-Year Financial) files its latest 10-K with SEC for the fiscal year ended on December 31, 2019. Virtus Investment Partners Inc provides investment management and related services to individuals and institutions. Its retail products include open-end mutual funds, closed-end funds, exchange traded funds, and variable insurance funds. Virtus Investment Partners Inc has a market cap of $805.160 million; its shares were traded at around $117.06 with a P/E ratio of 10.05 and P/S ratio of 1.74. The dividend yield of Virtus Investment Partners Inc stocks is 2.08%. Virtus Investment Partners Inc had annual average EBITDA growth of 11.50% over the past five years. GuruFocus has detected 6 severe warning signs with Virtus Investment Partners Inc. .

For the last quarter Virtus Investment Partners Inc reported a revenue of $146.1 million, compared with the revenue of $138.1 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $563.2 million, an increase of 2% from last year. For the complete 30-year financial data, please go here.. For the last five years Virtus Investment Partners Inc had an average revenue growth rate of 7.4% a year.

The reported diluted earnings per share was $11.74 for the year, an increase of 32.5% from previous year. Over the last five years Virtus Investment Partners Inc had an EPS growth rate of 7.6% a year. The Virtus Investment Partners Inc enjoyed an operating margin of 22.55%, compared with the operating margin of 20.5% a year before. The 10-year historical median operating margin of Virtus Investment Partners Inc is 18.79%. The profitability rank of the company is 8 (out of 10).

At the current stock price of $117.06, Virtus Investment Partners Inc is traded at 22.4% discount to its historical median P/S valuation band of $150.87. The P/S ratio of the stock is 1.74, while the historical median P/S ratio is 2.27. The stock gained 14.87% during the past 12 months.

For the complete 20-year historical financial data of VRTS, click here.