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Zacks Investment Research downgraded Virtus Investment Partners Inc (NASDAQ:VRTS) to Hold in a report released today.

Yesterday Virtus Investment Partners Inc (NASDAQ:VRTS) traded -1.71% lower at $97.87. VRTS’s 50-day average is $93.76 and its two hundred day average is $82.38. With the last stock price close up 18.79% relative to the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Volume of trade was down over the average, with 61,301 shares of VRTS changing hands under the typical 95,378

Zacks Investment Research has downgraded Virtus Investment Partners Inc (NASDAQ:VRTS) to Hold in a report released on Tuesday October 11, 2016.

Previously on 08/31/2016, Zacks Investment Research reported on Virtus Investment Partners Inc (NASDAQ:VRTS) increased the target price from $0.00 to $105.00. At the time, this indicated a possible upside of 0.15%.

Performance Chart

Virtus Investment Partners Inc (NASDAQ:VRTS)

With a total market value of $0, Virtus Investment Partners Inc has price-earnings ratio of 31.88 with a one year low of $66.12 and a one year high of $141.97 .

Also covering Virtus Investment Partners Inc's price target, a total of 5 firms have issued a report on the stock. The consensus target price is $74.40 with 0 brokers rating the company a strong buy, zero analysts rating the company a buy, four analysts rating the company a hold, two brokerages rating the stock a underperform, and finally 0 firms rating the stock a sell.

About Virtus Investment Partners Inc (NASDAQ:VRTS)

Virtus Investment Partners, Inc. is a provider of investment management and related services to individuals and institutions. The Company provides its products in various forms and through multiple distribution channels. Its retail products include open-end mutual funds, closed-end funds, exchange traded funds, variable insurance funds, undertakings for collective investments in transferable securities (UCITS) and separately managed accounts. Its open-end mutual funds are distributed through intermediaries. Its closed-end funds trade on the New York Stock Exchange. Its variable insurance funds are available as investment options in variable annuities and life insurance products distributed by life insurance companies. Separately managed accounts consists of intermediary programs, sponsored and distributed by unaffiliated brokerage firms, and private client accounts, which are offered to the high net-worth clients of its affiliated managers.

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