Quantinno Capital Management LP grew its holdings in Virtu Financial, Inc. (NYSE:VIRT – Free Report) by 39.4% during the 1st quarter, Holdings Channel reports. The firm owned 130,351 shares of the company’s stock after buying an additional 36,834 shares during the period. Quantinno Capital Management LP’s holdings in Virtu Financial were worth $5,733,000 at the end of the most recent reporting period.
Other hedge funds have also modified their holdings of the company. Invesco Ltd. raised its position in shares of Virtu Financial by 64.2% during the 3rd quarter. Invesco Ltd. now owns 2,370,400 shares of the company’s stock worth $84,149,000 after purchasing an additional 926,376 shares during the last quarter. Allspring Global Investments Holdings LLC grew its holdings in Virtu Financial by 41.9% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 1,928,509 shares of the company’s stock valued at $85,607,000 after buying an additional 569,057 shares during the last quarter. Dimensional Fund Advisors LP increased its position in Virtu Financial by 1.0% during the first quarter. Dimensional Fund Advisors LP now owns 1,920,590 shares of the company’s stock worth $84,458,000 after buying an additional 19,888 shares in the last quarter. Geode Capital Management LLC raised its holdings in shares of Virtu Financial by 1.0% in the fourth quarter. Geode Capital Management LLC now owns 1,395,686 shares of the company’s stock worth $46,514,000 after acquiring an additional 14,113 shares during the last quarter. Finally, Qube Research & Technologies Ltd raised its holdings in shares of Virtu Financial by 53.1% in the third quarter. Qube Research & Technologies Ltd now owns 1,367,583 shares of the company’s stock worth $48,549,000 after acquiring an additional 474,177 shares during the last quarter. 45.78% of the stock is owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
VIRT has been the topic of a number of analyst reports. Zacks Research lowered Virtu Financial from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 13th. JPMorgan Chase & Co. boosted their target price on shares of Virtu Financial from $51.00 to $59.00 and gave the company a “neutral” rating in a research note on Tuesday, July 28th. Piper Sandler raised their price target on shares of Virtu Financial from $61.00 to $70.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 15th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Virtu Financial in a report on Friday, May 29th. Finally, Morgan Stanley boosted their price objective on shares of Virtu Financial from $39.00 to $57.00 and gave the company an “underweight” rating in a research report on Friday, July 10th. Three equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $58.80.
Virtu Financial Stock Performance
NYSE VIRT opened at $55.67 on Friday. The business’s 50-day moving average price is $58.72 and its 200 day moving average price is $49.47. The company has a current ratio of 0.45, a quick ratio of 0.45 and a debt-to-equity ratio of 0.87. Virtu Financial, Inc. has a twelve month low of $31.55 and a twelve month high of $68.02. The company has a market capitalization of $8.63 billion, a PE ratio of 9.25, a price-to-earnings-growth ratio of 0.40 and a beta of 0.60.
Virtu Financial (NYSE:VIRT – Get Free Report) last posted its quarterly earnings data on Tuesday, July 14th. The company reported $1.82 EPS for the quarter. The company had revenue of $984.69 million during the quarter. Virtu Financial had a net margin of 13.50% and a return on equity of 49.06%. Virtu Financial has set its Q2 2026 guidance at 1.820-1.820 EPS. On average, research analysts predict that Virtu Financial, Inc. will post 6.33 earnings per share for the current year.
Virtu Financial Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Tuesday, September 1st will be paid a dividend of $0.24 per share. The ex-dividend date of this dividend is Tuesday, September 1st. This represents a $0.96 dividend on an annualized basis and a yield of 1.7%. Virtu Financial’s dividend payout ratio (DPR) is currently 15.95%.
About Virtu Financial
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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