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VCTR

Victory Capital

$15.95

-1.39 (-8.02%)

11:23
08/13/19
08/13
11:23
08/13/19
11:23

Victory Capital earnings selloff a buying opportunity, says William Blair

William Blair analyst Christopher Shutler recommends using the post-earnings selloff today in shares of Victory Capital Holdings as a buying opportunity. The stock in late morning trading is down 9.5% to $15.65.

  • 13

    Aug

  • 24

    Sep

  • 25

    Sep

VCTR Victory Capital
$15.95

-1.39 (-8.02%)

07/02/19
RILY
07/02/19
NO CHANGE
Target $24
RILY
Buy
Victory Capital price target raised to $24 from $20 at B. Riley FBR
B. Riley FBR analyst Randy Binner raised his price target for Victory Capital to $24 from $20 and keeps a Buy rating on the shares following the close of the USAA acquisition. Victory announced that it expects 2019 earnings to grow more than 40%, with 2020 expected at more than 100%, Binner tells investors in a research note.
07/09/19
MSCO
07/09/19
NO CHANGE
MSCO
Morgan Stanley sees C-corp conversion announcement coming from Carlyle
Morgan Stanley analyst Michael Cyprys said he recommends owning Carlyle Group (CG) shares into the quarter, as he believes the company will announce plans to convert to a C-corporation along with its upcoming report, "albeit with a delayed effective date" to allow time for the complex underlying tax impact analysis. He thinks a conversion could bring greater clarity and visibility into targets, which could increase long only interest in the stock, Cyprys tells investors. In his broader preview of the earnings season for the Asset Manager group, the analyst noted that he lowered his Q2 EPS estimates by about 4% on average, cutting his estimates for Traditionals by 0.5%, for Alts by 11.5% and for Market Structure companies by 1.6%.
07/23/19
GSCO
07/23/19
UPGRADE
Target $24
GSCO
Buy
Victory Capital reinstated with a Buy from Neutral at Goldman Sachs
Goldman Sachs analyst Alexander Blostein upgraded Victory Capital Holdings to Buy from Neutral with a $24 price target after reinstating coverage of the name. Although Victory faces many of the same challenges affecting the traditional asset management industry, the stock's valuation is "unreasonably low" at a time when the company's fundamentals are starting to strengthen, Blostein tells investors in a research note. He believes the completion of the USAA Asset Management acquisition creates "considerable" earnings accretion while also diversifying the company's asset mix.
07/26/19
MSCO
07/26/19
NO CHANGE
MSCO
Schwab deal positive for E-Trade, negative for Victory, says Morgan Stanley
After Charles Schwab (SCHW) announced an agreement to acquire assets of USAA's Investment Management Company, including brokerage and managed portfolio accounts, for $1.8B in cash, Morgan Stanley analyst Michael Cyprys said he believes mid-single digit accretion is achievable with upside potential. In terms of read-across to others in the industry, he thinks the acquisition could raise prospects for greater brokerage/wealth management industry consolidation in which peers, including E-Trade (ETFC) and TD Ameritrade (AMTD), could potentially benefit, Cyprys tells investors. However, he believes Schwab's acquisition could be negative for Victory Capital (VCTR) as it introduces significant competition within the USAA membership network. Cyprys keeps an Overweight rating on Charles Schwab shares with a $48 price target.

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BNPQY

BNP Paribas

$0.00

(0.00%)

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ETR

Entergy

$111.35

-0.32 (-0.29%)

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  • 10

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TELL

Tellurian

$9.04

0.75 (9.05%)

13:25
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13:25
Options
Tellurian call volume above normal and directionally bullish »

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13:25
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General news
Treasury's $7 B 30-year TIPS reopening was well received »

Treasury's $7 B…

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30-Yr TIPS Auction Bid/Cover data reported »

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NTRA

Natera

$30.66

0.25 (0.82%)

13:18
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13:18
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  • 09

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$NSD

NASDAQ Market Internals

$0.00

(0.00%)

13:17
08/22/19
08/22
13:17
08/22/19
13:17
Technical Analysis
NASDAQ market internals summary »

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$NYE

NYSE Market Internals

$0.00

(0.00%)

13:16
08/22/19
08/22
13:16
08/22/19
13:16
Technical Analysis
NYSE market internals summary »

Volume is below average…

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13:15
08/22/19
08/22
13:15
08/22/19
13:15
General news
FX Action: USD-JPY »

FX Action: USD-JPY…

NTRA

Natera

$30.53

0.12 (0.39%)

13:13
08/22/19
08/22
13:13
08/22/19
13:13
Recommendations
Natera analyst commentary  »

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  • 09

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13:10
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General news
FX Action: USD-CAD »

FX Action: USD-CAD peaked…

AMGN

Amgen

$204.16

0.32 (0.16%)

13:06
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13:06
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Amgen granted orphan designation for multiple myeloma treatment »

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ZIOP

Ziopharm

$5.09

-0.06 (-1.17%)

13:05
08/22/19
08/22
13:05
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13:05
Options
Ziopharm call volume above normal and directionally bullish »

Bullish option flow…

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  • 09

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SNY

Sanofi

$42.69

-0.48 (-1.11%)

13:04
08/22/19
08/22
13:04
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13:04
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Sanofi treatment of systemic sclerosis granted orphan designation »

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  • 09

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WFC

Wells Fargo

$45.62

0.63 (1.40%)

13:03
08/22/19
08/22
13:03
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13:03
Periodicals
Wells Fargo to pay $6.5M to Navajo Nation to settle account suit, Reuters says »

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  • 04

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ILMN

Illumina

$288.00

-2.5 (-0.86%)

13:02
08/22/19
08/22
13:02
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13:02
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Illumina granted orphan designation neuroblastoma management diagnostic »

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  • 03

    Sep

OSTK

Overstock.com

$21.84

2.34 (12.00%)

12:49
08/22/19
08/22
12:49
08/22/19
12:49
Hot Stocks
Breaking Hot Stocks news story on Overstock.com »

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OSTK

Overstock.com

$21.40

1.9 (9.74%)

12:45
08/22/19
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Overstock com call volume above normal and directionally bullish »

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AMGN

Amgen

$203.13

-0.71 (-0.35%)

, ALXN

Alexion

$118.04

3.17 (2.76%)

12:43
08/22/19
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12:43
Recommendations
Amgen, Alexion analyst commentary at Piper Jaffray »

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AMGN

Amgen

$203.13

-0.71 (-0.35%)

ALXN

Alexion

$118.04

3.17 (2.76%)

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  • 09

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ADM

Archer Daniels

$37.93

0.23 (0.61%)

, REGI

Renewable Energy

$11.27

0.42 (3.87%)

12:38
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Periodicals
Trump to discuss biofuels with USDA, EPA officials, Reuters reports »

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ADM

Archer Daniels

$37.93

0.23 (0.61%)

REGI

Renewable Energy

$11.27

0.42 (3.87%)

GPRE

Green Plains

$8.03

0.15 (1.90%)

03/08/13
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  • 13

    Nov

OSTK

Overstock.com

$19.54

0.04 (0.21%)

12:33
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12:33
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Byrne says Overstock's blockchain keiretsu will revolutionize the world »

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OSTK

Overstock.com

$19.54

0.04 (0.21%)

12:30
08/22/19
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Hot Stocks
Breaking Hot Stocks news story on Overstock.com »

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SPY

SPDR S&P 500 ETF Trust

$292.12

-0.28 (-0.10%)

, SPX

S&P 500

$0.00

(0.00%)

12:29
08/22/19
08/22
12:29
08/22/19
12:29
General News
Canada still against Russia's return to G8, Reuters says »

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SPY

SPDR S&P 500 ETF Trust

$292.12

-0.28 (-0.10%)

SPX

S&P 500

$0.00

(0.00%)

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