Previous Close | 45.90 |
Open | 46.11 |
Bid | 47.46 x 100 |
Ask | 47.58 x 100 |
Day's Range | 45.98 - 47.85 |
52 Week Range | 27.73 - 47.85 |
Volume | |
Avg. Volume | 365,690 |
Market Cap | 3.058B |
Beta (5Y Monthly) | 1.00 |
PE Ratio (TTM) | 15.21 |
EPS (TTM) | 3.12 |
Earnings Date | May 09, 2024 |
Forward Dividend & Yield | 1.30 (2.82%) |
Ex-Dividend Date | Mar 08, 2024 |
1y Target Est | 47.43 |
Victory Capital (VCTR) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
The Zacks Earnings ESP is a great way to find potential earnings surprises. Why investors should take advantage now.
Amundi, Europe's largest asset manager, said on Tuesday it was making its biggest foray into the United States by selling its U.S. arm to Victory Capital in exchange for a 26% stake in the U.S. company. Amundi's U.S. arm currently manages $104 billion - less than 5% of the group's 2 trillion euros ($2.1 trillion) in assets - and the deal is aimed at giving the Paris-based manager more access to clients in the world's largest financial market. The tie-up involves 15-year exclusive distribution deals that will enable Amundi to sell its non-U.S. fund products to U.S. clients via Victory, while the latter will be able to sell to more clients in the United States and use Amundi's distribution networks to access customers in Europe and Asia.