Moody Aldrich Partners LLC Buys 55,102 Shares of Virtu Financial, Inc. (NASDAQ:VIRT)

Moody Aldrich Partners LLC boosted its holdings in Virtu Financial, Inc. (NASDAQ:VIRT - Free Report) by 21.6% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 310,751 shares of the financial services provider's stock after acquiring an additional 55,102 shares during the period. Virtu Financial accounts for about 2.1% of Moody Aldrich Partners LLC's portfolio, making the stock its 2nd largest holding. Moody Aldrich Partners LLC owned approximately 0.20% of Virtu Financial worth $11,088,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in the business. Blue Trust Inc. lifted its holdings in shares of Virtu Financial by 13.0% in the 4th quarter. Blue Trust Inc. now owns 2,794 shares of the financial services provider's stock worth $100,000 after acquiring an additional 322 shares during the last quarter. Hanseatic Management Services Inc. lifted its stake in Virtu Financial by 1.2% during the fourth quarter. Hanseatic Management Services Inc. now owns 30,132 shares of the financial services provider's stock worth $1,075,000 after purchasing an additional 371 shares in the last quarter. HBW Advisory Services LLC boosted its position in shares of Virtu Financial by 6.8% during the fourth quarter. HBW Advisory Services LLC now owns 7,974 shares of the financial services provider's stock worth $285,000 after buying an additional 509 shares during the period. Atria Investments Inc grew its stake in shares of Virtu Financial by 7.2% in the third quarter. Atria Investments Inc now owns 10,724 shares of the financial services provider's stock valued at $327,000 after buying an additional 717 shares in the last quarter. Finally, QRG Capital Management Inc. raised its holdings in shares of Virtu Financial by 3.0% in the 3rd quarter. QRG Capital Management Inc. now owns 25,167 shares of the financial services provider's stock valued at $767,000 after buying an additional 728 shares during the period. 45.78% of the stock is currently owned by hedge funds and other institutional investors.

Virtu Financial Stock Up 1.0 %

Shares of NASDAQ:VIRT traded up $0.39 during trading hours on Friday, reaching $40.06. The stock had a trading volume of 1,131,744 shares, compared to its average volume of 768,066. Virtu Financial, Inc. has a 1 year low of $16.02 and a 1 year high of $40.79. The firm's 50 day moving average is $36.79 and its 200-day moving average is $33.14. The stock has a market capitalization of $6.19 billion, a price-to-earnings ratio of 13.49, a P/E/G ratio of 0.52 and a beta of 0.45. The company has a debt-to-equity ratio of 1.23, a quick ratio of 0.47 and a current ratio of 0.47.

Virtu Financial (NASDAQ:VIRT - Get Free Report) last posted its earnings results on Wednesday, January 29th. The financial services provider reported $1.09 EPS for the quarter, beating the consensus estimate of $0.77 by $0.32. Virtu Financial had a return on equity of 27.69% and a net margin of 9.61%. Research analysts predict that Virtu Financial, Inc. will post 2.85 earnings per share for the current fiscal year.

Virtu Financial Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 17th. Investors of record on Friday, February 28th will be issued a $0.24 dividend. This represents a $0.96 dividend on an annualized basis and a yield of 2.40%. The ex-dividend date is Friday, February 28th. Virtu Financial's dividend payout ratio (DPR) is 32.32%.

Analyst Ratings Changes

A number of brokerages recently commented on VIRT. 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. Citigroup lifted their price objective on shares of Virtu Financial from $32.00 to $37.00 and gave the company a "buy" rating in a report on Wednesday, October 9th. Finally, Morgan Stanley increased their target price on shares of Virtu Financial from $23.00 to $25.00 and gave the stock an "equal weight" rating in a report on Thursday, October 17th. Five equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus price target of $30.21.

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.