Victory Capital Stock Price, News & Analysis

Victory Capital Holdings (NASDAQ: VCTR) announced its acquisition of 100% of New Energy Capital Partners (NEC), marking its 11th Investment Franchise. This acquisition focuses on alternative investments, particularly in clean energy infrastructure. The transaction, expected to close in Q4 2021, is projected to be immediately accretive to earnings. NEC, founded in 2004, specializes in both debt and equity investments within renewable energy, boasting a diversified portfolio and a strong 17-year performance track record.

Victory Capital Holdings, Inc. (NASDAQ: VCTR) reported its assets under management (AUM) at $162.9 billion as of July 31, 2021. The firm operates a diversified asset management model, integrating boutique investment qualities with a centralized platform. Key asset classes include solutions at $40.3 billion, fixed income at $36.7 billion, and various equities. The company offers a wide range of investment vehicles, including actively managed mutual funds and ETFs. Victory Capital emphasizes its tailored investment strategies across different segments.

Victory Capital (NASDAQ: VCTR) reported robust financial results for the quarter ended June 30, 2021. Revenue surged by 22% to $221.9 million, driven by increased average assets under management (AUM) of $161.9 billion, a 4.9% rise. The company also marked its fourth consecutive quarter of revenue and earnings growth, with net income rising 54.9% to $69.3 million. Adjusted EBITDA increased 5.1% to $112.2 million, maintaining a margin of 50.6%. Additionally, Victory Capital announced a 25% increase in its quarterly dividend, reflecting strong cash flow and financial stability.

Victory Capital Holdings (NASDAQ: VCTR) announced the launch of the Victory Hashdex Nasdaq Crypto Index Fund LLC, a private fund tracking the Nasdaq Crypto Index, aimed at U.S. accredited investors seeking digital asset exposure. The Company has also filed for an ETF version of this strategy with the SEC. This fund offers multi-coin access, daily liquidity at NAV, and Nasdaq index governance for thorough vetting and regular rebalancing. Victory Capital manages $161.9 billion in assets and provides diverse investment strategies across various platforms.

Victory Capital Holdings (NASDAQ: VCTR) has released its inaugural Corporate Social Responsibility (CSR) report, highlighting significant initiatives aimed at benefiting stakeholders. The report outlines the company’s Responsible Investing approach, detailing practices in human capital development and ESG factor integration in investment decisions. As of June 30, 2021, Victory Capital manages $161.9 billion in assets, offering diverse investment strategies through its 10 Investment Franchises and a Solutions Platform. For further insights, the full report is accessible here.

Victory Capital (NASDAQ: VCTR) announced assets under management (AUM) of $161.9 billion as of June 30, 2021, reflecting a robust financial position. The company reported positive net long-term flows during Q2 2021. Key asset distributions include $36.4 billion in Fixed Income and $39.6 billion in Solutions. A second-quarter earnings report will be released on August 5, 2021, followed by a conference call on August 6, 2021. Victory Capital employs a next-generation business model, providing specialized investment strategies to a diverse client base.

Victory Capital reported assets under management (AUM) of $160.9 billion as of May 31, 2021. This represents an increase compared to $157.1 billion from April 30, 2021. Key asset classes include $35.9 billion in Fixed Income and $38.9 billion in Solutions. The Company operates with a next-generation model featuring ten autonomous Investment Franchises and a wide range of investment strategies, including actively managed mutual funds and ETFs.

Victory Capital (NASDAQ: VCTR) has announced exclusive agreements with Nasdaq and Hashdex Ltd. to enter the cryptocurrency market. The company will sponsor private placement funds for U.S. investors based on the Nasdaq Crypto Index, which was co-developed with Hashdex. Plans include launching a private fund that tracks the NCI and additional private funds linked to the Bitcoin and Ethereum Price Indices. This initiative aims to meet growing institutional interest in digital assets and provide investors with diversified exposure in the evolving crypto market.

Victory Capital Holdings reported assets under management (AUM) of $157.1 billion as of April 30, 2021. A recent transition with an institutional client resulted in positive long-term net flows. The company announced a new $15 million share repurchase plan, emphasizing its strong financial position and ongoing capital allocation strategy, which prioritizes debt reduction while returning capital to shareholders. The completion of a prior repurchase authorization of $15 million was also noted.