Virtu Financial, Inc. (NASDAQ:VIRT) Shares Acquired by Blue Trust Inc.

Blue Trust Inc. boosted its holdings in Virtu Financial, Inc. (NASDAQ:VIRT) by 13.0% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 2,794 shares of the financial services provider’s stock after buying an additional 322 shares during the quarter. Blue Trust Inc.’s holdings in Virtu Financial were worth $100,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. FMR LLC boosted its position in shares of Virtu Financial by 38.0% in the third quarter. FMR LLC now owns 4,974,095 shares of the financial services provider’s stock worth $151,511,000 after buying an additional 1,368,419 shares during the period. Los Angeles Capital Management LLC purchased a new stake in Virtu Financial in the 3rd quarter worth about $29,815,000. Portolan Capital Management LLC acquired a new stake in Virtu Financial during the 3rd quarter worth about $11,918,000. Connor Clark & Lunn Investment Management Ltd. grew its stake in Virtu Financial by 400.0% during the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 328,546 shares of the financial services provider’s stock valued at $10,008,000 after acquiring an additional 262,835 shares in the last quarter. Finally, Exchange Traded Concepts LLC increased its holdings in shares of Virtu Financial by 1,014.9% in the 3rd quarter. Exchange Traded Concepts LLC now owns 164,377 shares of the financial services provider’s stock valued at $5,007,000 after purchasing an additional 149,634 shares during the period. Institutional investors own 45.78% of the company’s stock.

Analyst Ratings Changes

VIRT has been the subject of a number of research reports. Morgan Stanley lifted their target price on shares of Virtu Financial from $31.00 to $33.00 and gave the company an “equal weight” rating in a research note on Thursday. Piper Sandler raised their target price on Virtu Financial from $35.00 to $40.00 and gave the company an “overweight” rating in a report on Tuesday, January 7th. Five analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $31.36.

Virtu Financial Price Performance

Shares of VIRT stock opened at $38.87 on Friday. The company has a market cap of $6.01 billion, a P/E ratio of 13.09, a P/E/G ratio of 0.52 and a beta of 0.46. The company has a quick ratio of 0.46, a current ratio of 1.13 and a debt-to-equity ratio of 1.17. Virtu Financial, Inc. has a twelve month low of $16.31 and a twelve month high of $41.38. The business has a fifty day simple moving average of $37.08 and a 200 day simple moving average of $33.53.

Virtu Financial (NASDAQ:VIRT) last posted its quarterly earnings data on Wednesday, January 29th. The financial services provider reported $1.09 EPS for the quarter, topping analysts’ consensus estimates of $0.77 by $0.32. Virtu Financial had a return on equity of 27.39% and a net margin of 9.61%. On average, sell-side analysts forecast that Virtu Financial, Inc. will post 2.85 EPS for the current fiscal year.

Virtu Financial Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 17th. Shareholders of record on Friday, February 28th will be paid a dividend of $0.24 per share. This represents a $0.96 annualized dividend and a yield of 2.47%. The ex-dividend date is Friday, February 28th. Virtu Financial’s dividend payout ratio (DPR) is presently 32.32%.

Virtu Financial Profile

Virtu Financial, Inc operates as a financial services company in the United States, Asia Pacific, Canada, EMEA, Ireland, and internationally. The company operates through two segments, Market Making and Execution Services. Its product includes offerings in execution, liquidity sourcing, analytics and broker-neutral, capital markets, and multi-dealer platforms in workflow technology.