Virtu Financial (NYSE:VIRT) Lowered to Hold Rating by Wall Street Zen

Wall Street Zen cut shares of Virtu Financial (NYSE:VIRT) from a buy rating to a hold rating in a report issued on Saturday morning.

A number of other equities analysts also recently commented on VIRT. Weiss Ratings restated a “buy (b-)” rating on shares of Virtu Financial in a research note on Friday, May 29th. Zacks Research cut Virtu Financial from a “strong-buy” rating to a “hold” rating in a research report on Monday, July 13th. Morgan Stanley raised their price target on Virtu Financial from $39.00 to $57.00 and gave the stock an “underweight” rating in a report on Friday, July 10th. The Goldman Sachs Group boosted their price objective on Virtu Financial from $51.00 to $63.00 and gave the company a “neutral” rating in a research report on Tuesday, June 30th. Finally, Piper Sandler upped their price objective on Virtu Financial from $61.00 to $70.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 15th. Three investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $58.80.

Virtu Financial Stock Performance

Virtu Financial stock opened at $55.83 on Friday. The company has a market cap of $8.66 billion, a PE ratio of 9.27, a P/E/G ratio of 0.38 and a beta of 0.60. The company has a fifty day moving average price of $58.83 and a two-hundred day moving average price of $49.52. The company has a debt-to-equity ratio of 0.87, a current ratio of 0.45 and a quick ratio of 0.45. Virtu Financial has a 12 month low of $31.55 and a 12 month high of $68.02.

Virtu Financial (NYSE:VIRT) last issued 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 company had revenue of $984.69 million for the quarter. Virtu Financial has set its Q2 2026 guidance at 1.820-1.820 EPS. Research analysts expect that Virtu Financial will post 6.33 earnings per share for the current year.

Virtu Financial Announces Dividend

The company 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 $0.24 dividend. The ex-dividend date is Tuesday, September 1st. This represents a $0.96 annualized dividend and a dividend yield of 1.7%. Virtu Financial’s dividend payout ratio (DPR) is presently 15.95%.

Hedge Funds Weigh In On Virtu Financial

Several hedge funds and other institutional investors have recently made changes to their positions in VIRT. Handelsbanken Fonder AB grew its holdings in Virtu Financial by 1.7% in the 2nd quarter. Handelsbanken Fonder AB now owns 23,815 shares of the company’s stock worth $1,419,000 after buying an additional 400 shares in the last quarter. GAMMA Investing LLC raised its stake in Virtu Financial by 4.3% during the 2nd quarter. GAMMA Investing LLC now owns 6,310 shares of the company’s stock valued at $376,000 after acquiring an additional 259 shares in the last quarter. Redwood Investment Management LLC bought a new stake in Virtu Financial during the 1st quarter valued at $1,048,000. Militia Capital Management LLC acquired a new position in Virtu Financial during the 1st quarter worth $563,000. Finally, DV Trading LLC boosted its position in Virtu Financial by 16.7% during the 1st quarter. DV Trading LLC now owns 7,000 shares of the company’s stock worth $308,000 after acquiring an additional 1,000 shares during the period. 45.78% of the stock is currently owned by institutional investors and hedge funds.

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.