Wellington Management Group LLP lifted its position in Virtu Financial, Inc. (NYSE:VIRT – Free Report) by 39.8% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 782,114 shares of the company’s stock after buying an additional 222,859 shares during the period. Wellington Management Group LLP owned approximately 0.50% of Virtu Financial worth $46,591,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors also recently bought and sold shares of VIRT. Invesco Ltd. grew its holdings in Virtu Financial by 64.2% in the third 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 raised its stake in Virtu Financial by 41.9% in the first 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 boosted its holdings in Virtu Financial by 1.0% in the first quarter. Dimensional Fund Advisors LP now owns 1,920,590 shares of the company’s stock worth $84,458,000 after acquiring an additional 19,888 shares in the last quarter. Geode Capital Management LLC boosted its holdings in 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 in the last quarter. Finally, Qube Research & Technologies Ltd grew its stake in shares of Virtu Financial by 53.1% during 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. Hedge funds and other institutional investors own 45.78% of the company’s stock.
Analyst Upgrades and Downgrades
Several equities analysts have recently issued reports on VIRT shares. Wall Street Zen downgraded shares of Virtu Financial from a “buy” rating to a “hold” rating in a report on Saturday, August 8th. Zacks Research raised shares of Virtu Financial from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, August 26th. Morgan Stanley boosted their target price on shares of Virtu Financial from $39.00 to $57.00 and gave the stock an “underweight” rating in a research report on Friday, July 10th. JPMorgan Chase & Co. upped their price target 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. Finally, The Goldman Sachs Group lifted their price objective 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. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, two have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Virtu Financial has a consensus rating of “Moderate Buy” and an average target price of $58.80.
View Our Latest Stock Analysis on Virtu Financial
Virtu Financial Trading Up 2.4%
Virtu Financial stock opened at $64.18 on Friday. 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 12 month low of $31.55 and a 12 month high of $68.76. The stock’s 50 day simple moving average is $60.84 and its two-hundred day simple moving average is $52.82. The firm has a market cap of $9.96 billion, a PE ratio of 10.66, a P/E/G ratio of 0.42 and a beta of 0.62.
Virtu Financial (NYSE:VIRT – Get Free Report) last posted its earnings results on Tuesday, July 14th. The company reported $1.82 earnings per share for the quarter. Virtu Financial had a net margin of 13.50% and a return on equity of 49.06%. The firm had revenue of $984.69 million during the quarter. Virtu Financial has set its Q2 2026 guidance at 1.820-1.820 EPS. Analysts anticipate that Virtu Financial, Inc. will post 6.38 earnings per share for the current year.
Virtu Financial Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Tuesday, September 1st will be given a $0.24 dividend. The ex-dividend date is Tuesday, September 1st. This represents a $0.96 dividend on an annualized basis and a dividend yield of 1.5%. Virtu Financial’s dividend payout ratio is 15.95%.
Insider Activity
In other Virtu Financial news, Director Joseph J. Grano, Jr. sold 8,400 shares of the stock in a transaction that occurred on Wednesday, August 19th. The stock was sold at an average price of $60.94, for a total transaction of $511,896.00. Following the transaction, the director owned 33,814 shares in the company, valued at approximately $2,060,625.16. This represents a 19.90% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director John Nixon sold 9,094 shares of the firm’s stock in a transaction that occurred on Monday, August 17th. The shares were sold at an average price of $60.13, for a total value of $546,822.22. Following the completion of the sale, the director directly owned 30,902 shares in the company, valued at approximately $1,858,137.26. The trade was a 22.74% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Corporate insiders own 46.76% of the company’s stock.
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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