Measured Wealth Private Client Group LLC Makes New $553,000 Investment in Virtu Financial, Inc. (NASDAQ:VIRT)

Measured Wealth Private Client Group LLC acquired a new position in shares of Virtu Financial, Inc. (NASDAQ:VIRT - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 15,498 shares of the financial services provider's stock, valued at approximately $553,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. R Squared Ltd purchased a new position in shares of Virtu Financial during the fourth quarter valued at approximately $25,000. USA Financial Formulas purchased a new position in shares of Virtu Financial in the 3rd quarter worth about $33,000. Albion Financial Group UT purchased a new stake in Virtu Financial during the fourth quarter worth about $45,000. GAMMA Investing LLC raised its position in Virtu Financial by 149.0% in the third quarter. GAMMA Investing LLC now owns 2,410 shares of the financial services provider's stock worth $73,000 after acquiring an additional 1,442 shares during the period. Finally, KBC Group NV grew its position in shares of Virtu Financial by 42.9% during the 3rd quarter. KBC Group NV now owns 2,864 shares of the financial services provider's stock valued at $87,000 after acquiring an additional 860 shares during the period. 45.78% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on VIRT. Piper Sandler upped their price target on Virtu Financial from $35.00 to $40.00 and gave the company an "overweight" rating in a research report on Tuesday, January 7th. Morgan Stanley raised 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. Five investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus target price of $31.36.

Virtu Financial Trading Down 1.3 %

VIRT stock traded down $0.50 during trading on Monday, hitting $38.37. 748,234 shares of the company traded hands, compared to its average volume of 890,519. The firm has a market capitalization of $5.93 billion, a PE ratio of 12.94, a P/E/G ratio of 1.61 and a beta of 0.46. Virtu Financial, Inc. has a 1 year low of $16.41 and a 1 year high of $41.38. The company has a debt-to-equity ratio of 1.17, a quick ratio of 0.46 and a current ratio of 1.13. The company has a 50-day moving average of $37.08 and a 200-day moving average of $33.60.

Virtu Financial (NASDAQ:VIRT - Get Free Report) last posted its earnings results on Wednesday, January 29th. The financial services provider reported $1.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.77 by $0.32. Virtu Financial had a return on equity of 27.39% and a net margin of 9.61%. Analysts predict that Virtu Financial, Inc. will post 3.01 earnings per share for the current fiscal year.

Virtu Financial Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 17th. Shareholders of record on Friday, February 28th will be given a dividend of $0.24 per share. This represents a $0.96 annualized dividend and a yield of 2.50%. The ex-dividend date of this dividend is Friday, February 28th. Virtu Financial's dividend payout ratio is currently 32.32%.

Virtu Financial Company 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.