Point72 Asset Management buys Virtus Investment Partners shares, firm raises dividend by 34.3% annually.

Point72 Asset Management recently bought $482,000 worth of Virtus Investment Partners (VRTX) shares, joining other institutional investors increasing their stakes. Virtus, an investment manager, also declared a $2.25 quarterly dividend, raising its dividend by 34.3% annually over three years. Analysts have given mixed ratings, with a general "Hold" recommendation and a price target of around $244.25.

3 months ago
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