Brokerages Set Virtu Financial, Inc. (NYSE:VIRT) PT at $53.67

Shares of Virtu Financial, Inc. (NYSE:VIRTGet Free Report) have received an average rating of “Hold” from the eight ratings firms that are presently covering the firm, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, four have given a hold recommendation and three have given a buy recommendation to the company. The average 1 year price objective among analysts that have issued ratings on the stock in the last year is $55.1667.

VIRT has been the topic of a number of recent analyst reports. Wall Street Zen raised shares of Virtu Financial from a “hold” rating to a “buy” rating in a research note on Sunday. Zacks Research cut shares of Virtu Financial from a “strong-buy” rating to a “hold” rating in a research note on Monday. The Goldman Sachs Group boosted their price objective on shares of Virtu Financial from $51.00 to $63.00 and gave the stock a “neutral” rating in a report on Tuesday, June 30th. JPMorgan Chase & Co. upped their target price on shares of Virtu Financial from $44.00 to $51.00 and gave the stock a “neutral” rating in a research report on Thursday, April 30th. Finally, Piper Sandler increased their target price on shares of Virtu Financial from $61.00 to $70.00 and gave the company an “overweight” rating in a report on Wednesday.

Read Our Latest Analysis on Virtu Financial

Virtu Financial Trading Up 2.0%

NYSE VIRT opened at $60.74 on Monday. The firm’s fifty day moving average price is $56.87 and its 200 day moving average price is $46.74. Virtu Financial has a 12 month low of $31.55 and a 12 month high of $68.02. The company has a debt-to-equity ratio of 0.92, a current ratio of 0.48 and a quick ratio of 0.48. The company has a market capitalization of $9.42 billion, a price-to-earnings ratio of 10.06, a price-to-earnings-growth ratio of 0.41 and a beta of 0.58.

Virtu Financial (NYSE:VIRTGet Free Report) last announced its earnings results on Tuesday, July 14th. The company reported $1.82 EPS for the quarter. Virtu Financial had a net margin of 14.17% and a return on equity of 51.63%. The business had revenue of $718.00 million for the quarter. Virtu Financial has set its Q2 2026 guidance at 1.820-1.820 EPS. On average, sell-side analysts expect that Virtu Financial will post 6.1 earnings per share for the current fiscal year.

Virtu Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Monday, June 1st were given a dividend of $0.24 per share. This represents a $0.96 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date was Monday, June 1st. Virtu Financial’s dividend payout ratio (DPR) is currently 15.89%.

Insider Buying and Selling at Virtu Financial

In related news, COO Brett Fairclough sold 30,000 shares of the stock in a transaction dated Friday, May 8th. The stock was sold at an average price of $50.06, for a total transaction of $1,501,800.00. Following the transaction, the chief operating officer directly owned 42,473 shares in the company, valued at approximately $2,126,198.38. This represents a 41.39% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 46.76% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Virtu Financial

Several hedge funds and other institutional investors have recently modified their holdings of VIRT. Transamerica Financial Advisors LLC lifted its position in Virtu Financial by 480.6% during the 4th quarter. Transamerica Financial Advisors LLC now owns 836 shares of the company’s stock worth $28,000 after acquiring an additional 692 shares in the last quarter. EverSource Wealth Advisors LLC grew its position in Virtu Financial by 103.8% in the second quarter. EverSource Wealth Advisors LLC now owns 760 shares of the company’s stock valued at $34,000 after acquiring an additional 387 shares in the last quarter. CIBC Private Wealth Group LLC raised its stake in shares of Virtu Financial by 51.9% during the third quarter. CIBC Private Wealth Group LLC now owns 972 shares of the company’s stock valued at $35,000 after purchasing an additional 332 shares during the period. Quarry LP purchased a new stake in shares of Virtu Financial during the third quarter valued at approximately $35,000. Finally, International Assets Investment Management LLC acquired a new position in shares of Virtu Financial during the fourth quarter worth $37,000. 45.78% of the stock is owned by institutional investors and hedge funds.

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About Virtu Financial

(Get Free Report)

Virtu Financial, Inc is a technology-driven electronic trading firm and market maker that provides liquidity and price discovery across a wide range of financial instruments. Leveraging advanced analytics, high-performance computing and proprietary algorithms, Virtu operates in equities, fixed income, foreign exchange, commodities and derivative products. Its technology platform is designed to capture bid-ask spreads in real time, manage risk through automated controls and adapt to changing market conditions.

The company offers a suite of execution services and market-making solutions to institutional clients such as asset managers, banks, broker-dealers and hedge funds.

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