Hsbc Holdings PLC grew its position in Virtu Financial, Inc. (NYSE:VIRT – Free Report) by 77.3% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 75,575 shares of the company’s stock after acquiring an additional 32,951 shares during the period. Hsbc Holdings PLC’s holdings in Virtu Financial were worth $3,311,000 at the end of the most recent quarter.
Several other institutional investors also recently modified their holdings of VIRT. Algebris UK Ltd. bought a new position in Virtu Financial during the fourth quarter worth about $22,377,000. Stephens Investment Management Group LLC raised its stake in Virtu Financial by 27.5% in the first quarter. Stephens Investment Management Group LLC now owns 516,366 shares of the company’s stock valued at $22,710,000 after buying an additional 111,437 shares during the period. Robertson Stephens Wealth Management LLC bought a new stake in Virtu Financial in the fourth quarter valued at approximately $2,489,000. Collar Capital Management LLC bought a new stake in Virtu Financial in the fourth quarter valued at approximately $1,798,000. Finally, Allspring Global Investments Holdings LLC lifted its position in shares of Virtu Financial by 14.9% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 1,359,452 shares of the company’s stock valued at $44,318,000 after buying an additional 176,184 shares during the last quarter. 45.78% of the stock is currently owned by institutional investors and hedge funds.
Insider Activity at Virtu Financial
In related news, COO Brett Fairclough sold 30,000 shares of the firm’s 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 approximately $2,126,198.38. This trade represents a 41.39% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 46.76% of the company’s stock.
Analysts Set New Price Targets
Read Our Latest Stock Analysis on Virtu Financial
Virtu Financial Stock Performance
NYSE:VIRT opened at $59.75 on Friday. The stock has a 50 day simple moving average of $57.67 and a 200 day simple moving average of $47.85. The stock has a market cap of $9.27 billion, a P/E ratio of 9.89, a PEG ratio of 0.40 and a beta of 0.58. Virtu Financial, Inc. has a 1-year low of $31.55 and a 1-year high of $68.02. The company has a current ratio of 0.48, a quick ratio of 0.48 and a debt-to-equity ratio of 0.92.
Virtu Financial (NYSE:VIRT – Get Free Report) last issued its quarterly earnings data on Tuesday, July 14th. The company reported $1.82 EPS for the quarter. The firm had revenue of $718.00 million for the quarter. Virtu Financial had a return on equity of 51.63% and a net margin of 14.17%.Virtu Financial has set its Q2 2026 guidance at 1.820-1.820 EPS. Research analysts anticipate that Virtu Financial, Inc. will post 6.26 earnings per share for the current year.
Virtu Financial Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Monday, June 1st were paid a $0.24 dividend. The ex-dividend date was Monday, June 1st. This represents a $0.96 annualized dividend and a dividend yield of 1.6%. Virtu Financial’s dividend payout ratio is 15.89%.
Virtu Financial Company Profile
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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