Militia Capital Management LLC acquired a new position in shares of Virtu Financial, Inc. (NYSE:VIRT – Free Report) in the 1st quarter, according to its most recent filing with the SEC. The fund acquired 12,800 shares of the company’s stock, valued at approximately $563,000.
A number of other hedge funds have also made changes to their positions in the company. Allspring Global Investments Holdings LLC raised its stake in Virtu Financial by 41.9% in 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 purchasing an additional 569,057 shares during the last quarter. Stephens Investment Management Group LLC lifted its holdings in Virtu Financial by 27.5% in the 1st quarter. Stephens Investment Management Group LLC now owns 516,366 shares of the company’s stock valued at $22,710,000 after purchasing an additional 111,437 shares in the last quarter. Algebris UK Ltd. acquired a new stake in Virtu Financial during the 4th quarter worth $22,377,000. Robertson Stephens Wealth Management LLC acquired a new stake in Virtu Financial during the 4th quarter worth $2,489,000. Finally, OP Asset Management Ltd purchased a new stake in shares of Virtu Financial during the first quarter worth $2,811,000. Institutional investors and hedge funds own 45.78% of the company’s stock.
Analyst Upgrades and Downgrades
VIRT has been the topic of several research reports. Zacks Research downgraded shares of Virtu Financial from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 13th. JPMorgan Chase & Co. upped their price objective 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. Wall Street Zen upgraded shares of Virtu Financial from a “hold” rating to a “buy” rating in a report on Sunday, July 12th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Virtu Financial in a report on Friday, May 29th. Finally, The Goldman Sachs Group raised their target price on shares of Virtu Financial from $51.00 to $63.00 and gave the stock a “neutral” rating in a research note on Tuesday, June 30th. Three investment analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Virtu Financial currently has a consensus rating of “Hold” and an average target price of $58.80.
Virtu Financial Stock Down 0.0%
Shares of NYSE:VIRT opened at $58.72 on Tuesday. Virtu Financial, Inc. has a 52-week low of $31.55 and a 52-week high of $68.02. The stock has a market cap of $9.11 billion, a P/E ratio of 9.75, a PEG ratio of 0.39 and a beta of 0.60. The business has a fifty day moving average of $58.30 and a two-hundred day moving average of $49.03. The company has a quick ratio of 0.45, a current ratio of 1.11 and a debt-to-equity ratio of 0.87.
Virtu Financial (NYSE:VIRT – Get Free Report) last posted its quarterly earnings results on Tuesday, July 14th. The company reported $1.82 EPS for the quarter. The business had revenue of $984.69 million for the quarter. Virtu Financial had a return on equity of 49.06% and a net margin of 13.50%.Virtu Financial has set its Q2 2026 guidance at 1.820-1.820 EPS. On average, research analysts expect that Virtu Financial, Inc. will post 6.33 earnings per share for the current year.
Virtu Financial Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Tuesday, September 1st will be given a dividend of $0.24 per share. This represents a $0.96 annualized dividend and a yield of 1.6%. The ex-dividend date is Tuesday, September 1st. Virtu Financial’s dividend payout ratio (DPR) is presently 15.95%.
Insider Buying and Selling
In other Virtu Financial news, COO Brett Fairclough sold 30,000 shares of Virtu Financial stock in a transaction dated Friday, May 8th. The shares were 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 of the company’s stock, valued at $2,126,198.38. The trade was a 41.39% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 46.76% of the stock is owned by company insiders.
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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