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

Key Points

• Wall Street Zen downgraded Virtu Financial from “buy” to “hold.” MarketBeat’s analyst consensus is also “hold,” with an average price target of $58.80.
• Analyst opinions remain mixed: Morgan Stanley rates the stock “underweight,” Goldman Sachs and JPMorgan rate it “neutral,” while three analysts maintain “buy” ratings.
• Virtu reported quarterly earnings of $1.82 per share on $984.69 million in revenue, with a 13.5% net margin and 49.06% return on equity; institutional investors own 45.78% of the stock.

Virtu Financial (NYSE:VIRT - Get Free Report) was downgraded by analysts at Wall Street Zen from a "buy" rating to a "hold" rating in a report issued on Saturday.

A number of other research analysts have also commented on the company. Morgan Stanley upped their price target on Virtu Financial from $39.00 to $57.00 and gave the company an "underweight" rating in a research report on Friday, July 10th. Weiss Ratings reiterated a "buy (b-)" rating on shares of Virtu Financial in a research report on Friday, May 29th. The Goldman Sachs Group boosted their target price on Virtu Financial from $51.00 to $63.00 and gave the company a "neutral" rating in a research note on Tuesday, June 30th. JPMorgan Chase & Co. upped their target price on Virtu Financial from $51.00 to $59.00 and gave the company a "neutral" rating in a report on Tuesday, July 28th. Finally, Zacks Research lowered Virtu Financial from a "strong-buy" rating to a "hold" rating in a research note on Monday, July 13th. Three investment 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. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average target price of $58.80.

Virtu Financial Price Performance

VIRT stock opened at $55.83 on Friday. The stock has a market capitalization of $8.66 billion, a price-to-earnings ratio of 9.27, a PEG ratio of 0.38 and a beta of 0.60. The firm's 50-day moving average price is $58.83 and its two-hundred day moving average price is $49.52. 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 has a 12-month low of $31.55 and a 12-month high of $68.02.

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. The company had revenue of $984.69 million during 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, equities analysts predict that Virtu Financial will post 6.33 earnings per share for the current year.

Institutional Investors Weigh In On Virtu Financial

Several hedge funds have recently made changes to their positions in the company. Transamerica Financial Advisors LLC raised its holdings in Virtu Financial by 480.6% in the fourth quarter. Transamerica Financial Advisors LLC now owns 836 shares of the company's stock worth $28,000 after purchasing an additional 692 shares in the last quarter. EverSource Wealth Advisors LLC boosted its holdings in shares of Virtu Financial by 103.8% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 760 shares of the company's stock valued at $34,000 after buying an additional 387 shares in the last quarter. CIBC Private Wealth Group LLC grew its position 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 worth $35,000 after buying an additional 332 shares during the period. Quarry LP purchased a new stake in shares of Virtu Financial in the 3rd quarter worth about $35,000. Finally, International Assets Investment Management LLC purchased a new stake in shares of Virtu Financial in the 4th quarter worth about $37,000. 45.78% of the stock is currently owned by institutional investors.

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.

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