Virtu Financial (NYSE:VIRT) Cut to “Hold” at Wall Street Zen

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

Several other research firms have also commented on VIRT. Piper Sandler lifted their price target on Virtu Financial from $61.00 to $70.00 and gave the stock an “overweight” rating in a report on Wednesday, July 15th. Weiss Ratings reissued a “buy (b-)” rating on shares of Virtu Financial in a report on Friday, May 29th. Zacks Research lowered shares of Virtu Financial from a “strong-buy” rating to a “hold” rating in a report on Monday, July 13th. Morgan Stanley raised their price objective 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. Finally, The Goldman Sachs Group lifted 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 research 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.com, the stock presently has an average rating of “Hold” and a consensus price target of $58.80.

Virtu Financial Stock Down 0.5%

Shares of NYSE VIRT opened at $55.58 on Friday. Virtu Financial has a 12-month low of $31.55 and a 12-month high of $68.02. The stock has a market cap of $8.63 billion, a PE ratio of 9.23, a P/E/G ratio of 0.38 and a beta of 0.60. The company has a current ratio of 0.45, a quick ratio of 0.45 and a debt-to-equity ratio of 0.87. The company has a 50-day moving average of $58.91 and a 200 day moving average of $49.74.

Virtu Financial (NYSE:VIRT) last released its earnings results on Tuesday, July 14th. The company reported $1.82 earnings per share for the quarter. The business had revenue of $984.69 million for the quarter. Virtu Financial had a net margin of 13.50% and a return on equity of 49.06%. Virtu Financial has set its Q2 2026 guidance at 1.820-1.820 EPS. As a group, sell-side analysts predict that Virtu Financial will post 6.33 EPS for the current fiscal year.

Virtu Financial Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Tuesday, September 1st will be given a dividend of $0.24 per share. The ex-dividend date is Tuesday, September 1st. This represents a $0.96 dividend on an annualized basis and a dividend yield of 1.7%. Virtu Financial’s dividend payout ratio (DPR) is currently 15.95%.

Institutional Investors Weigh In On Virtu Financial

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. EverSource Wealth Advisors LLC boosted its position in shares of Virtu Financial by 103.8% during the second quarter. EverSource Wealth Advisors LLC now owns 760 shares of the company’s stock worth $34,000 after buying an additional 387 shares during the period. Transamerica Financial Advisors LLC raised its holdings in shares of Virtu Financial by 480.6% in the 4th quarter. Transamerica Financial Advisors LLC now owns 836 shares of the company’s stock valued at $28,000 after buying an additional 692 shares during the period. CIBC Private Wealth Group LLC raised its holdings in shares of Virtu Financial by 51.9% in the 3rd quarter. CIBC Private Wealth Group LLC now owns 972 shares of the company’s stock valued at $35,000 after buying an additional 332 shares during the period. Quarry LP acquired a new position in Virtu Financial during the 3rd quarter worth about $35,000. Finally, Jones Financial Companies Lllp lifted its stake in Virtu Financial by 1,624.1% during the 1st quarter. Jones Financial Companies Lllp now owns 1,000 shares of the company’s stock worth $38,000 after acquiring an additional 942 shares in the last quarter. 45.78% of the stock is owned by hedge funds and other institutional investors.

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.