Virtu Financial, Inc. (NYSE:VIRT) Receives Average Rating of “Hold” from Brokerages

Shares of Virtu Financial, Inc. (NYSE:VIRT) have received an average recommendation of “Hold” from the eight brokerages that are presently covering the company, MarketBeat.com reports. One equities research 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 target price among analysts that have issued a report on the stock in the last year is $55.1667.

Several research analysts recently commented on the company. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Virtu Financial in a research report on Friday, May 29th. The Goldman Sachs Group boosted their price target on shares of Virtu Financial from $51.00 to $63.00 and gave the company a “neutral” rating in a report on Tuesday, June 30th. JPMorgan Chase & Co. raised their price objective on shares of Virtu Financial from $44.00 to $51.00 and gave the stock a “neutral” rating in a report on Thursday, April 30th. Wall Street Zen upgraded shares of Virtu Financial from a “hold” rating to a “buy” rating in a research report on Sunday, July 12th. Finally, Piper Sandler upped their target price on shares of Virtu Financial from $61.00 to $70.00 and gave the company an “overweight” rating in a research note on Wednesday.

Virtu Financial Trading Up 0.1%

Shares of VIRT opened at $55.78 on Monday. The stock’s 50-day moving average price is $57.14 and its 200 day moving average price is $47.06. The company has a quick ratio of 0.48, a current ratio of 0.48 and a debt-to-equity ratio of 0.92. The firm has a market capitalization of $8.65 billion, a price-to-earnings ratio of 9.23, a P/E/G ratio of 0.37 and a beta of 0.58. Virtu Financial has a 12-month low of $31.55 and a 12-month high of $68.02.

Virtu Financial (NYSE:VIRT) last announced its quarterly earnings data on Tuesday, July 14th. The company reported $1.82 EPS for the quarter. Virtu Financial had a return on equity of 51.63% and a net margin of 14.17%.The company had revenue of $718.00 million during the quarter. Virtu Financial has set its Q2 2026 guidance at 1.820-1.820 EPS. As a group, research analysts predict that Virtu Financial will post 6.26 earnings per share for the current year.

Virtu Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Monday, June 1st were issued a dividend of $0.24 per share. This represents a $0.96 dividend on an annualized basis and a yield of 1.7%. The ex-dividend date of this dividend was Monday, June 1st. Virtu Financial’s payout ratio is presently 15.89%.

Insider Buying and Selling at Virtu Financial

In other news, COO Brett Fairclough sold 30,000 shares of the company’s stock in a transaction that occurred on Friday, May 8th. The stock was sold at an average price of $50.06, for a total value of $1,501,800.00. Following the sale, 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 position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Corporate insiders own 46.76% of the company’s stock.

Hedge Funds Weigh In On Virtu Financial

Several hedge funds and other institutional investors have recently modified their holdings of VIRT. Invesco Ltd. increased 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 in the last quarter. Millennium Management LLC lifted its holdings in Virtu Financial by 290.3% during the 4th quarter. Millennium Management LLC now owns 1,132,346 shares of the company’s stock valued at $37,730,000 after purchasing an additional 842,247 shares during the last quarter. Wellington Management Group LLP boosted its position in Virtu Financial by 565.4% in the fourth quarter. Wellington Management Group LLP now owns 815,143 shares of the company’s stock valued at $27,161,000 after buying an additional 692,643 shares in the last quarter. Algebris UK Ltd. acquired a new position in Virtu Financial in the fourth quarter valued at about $22,377,000. Finally, Allspring Global Investments Holdings LLC grew its stake in Virtu Financial by 41.9% during the first quarter. Allspring Global Investments Holdings LLC now owns 1,928,509 shares of the company’s stock worth $85,607,000 after buying an additional 569,057 shares during the last quarter. Institutional investors own 45.78% of the company’s stock.

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.