Dropping The 52 Week Low, Virtus Investment Partners Inc (Nasdaq:VRTS) Closing Trading At $91.37

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Virtus Investment Partners Inc (Nasdaq:VRTS)

December 5th, 2018
Amidst falling markets Virtus Investment Partners Inc finished Tuesday’s trading session down 3.37%, a $3.19 decrease to close on $91.37. As well as the drop in value, Virtus Investment Partners Inc hit a new 52 week low of $90.10.

VRTS outperformed the rest of the Financials sector which went down just 4.40% today.

Expectations from 5 analysts indicates that Virtus Investment Partners Inc might increase significantly (33%), while Finbox has calculated (with very high uncertainty) a fair value price of $106.73.

Market Sectors

The market sectors were mixed Wednesday with a majority of the sectors trending down. Utilities saw the biggest increase of the day (0.15%), while Financials saw the biggest drop (4.40%). Healthcare has seen the biggest year-to-date gain at 13%. The biggest loss this year has been the Communication Services sector falling 13%.

Utilities saw the biggest turnaround from its 5-day performance of 2.31%, as it went up 0.15%. Industrials and Consumer Discretionary both saw turn arounds from their five day positive performance, Industrials with a drop of 4.35%.

Sector Breakdown

  • Utilities went up with a 0.15% change.
  • Real Estate went down with a -1.26% change.
  • Consumer Staples went down with a -1.63% change.
  • Healthcare went down with a -2.30% change.
  • Energy went down with a -2.93% change.
  • Materials went down with a -3.08% change.
  • Communication Services went down with a -3.14% change.
  • Information Technology went down with a -3.86% change.
  • Consumer Discretionary went down with a -3.91% change.
  • Industrials went down with a -4.35% change.
  • Financials went down with a -4.40% change.

The Phoenix Companies is based in Phoenix Mutual Life Insurance Building. The Phoenix Companies was founded in 1851.

Virtus Investment Partners Inc Info

Virtus Investment Partners, Inc. is a publicly owned investment manager. The firm primarily provides its services to individual and institutional clients. It launches separate client focused equity and fixed income portfolios. The firm launches equity, fixed income, and balanced mutual funds for its clients. It invests in the public equity, fixed income, and real estate markets. The firm also invests in exchange traded funds. It employs a multi manager approach for its products. The firm employs quantitative analysis to make its investments. It benchmarks the performance of its portfolios against the S&P 500 Index. The firm conducts in-house research to make its investments. Virtus Investment Partners, Inc. was founded in 1988 and is based in Hartford, Connecticut.

All amounts in USD unless otherwise indicated

VRTS daily update
VRTS daily update


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