15 July, 2017
TRADEMARK VIOLATION NOTICE: "Virtu Financial, Inc". (NASDAQ:VIRT) during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC).
08/06/2015 - Virtu Financial, Inc. had its " rating reiterated by analysts at JP Morgan. Virtu Financial earned a coverage optimism score of 0.19 on Accern's scale. On average, equities research analysts expect that Virtu Financial will post $0.78 earnings per share for the current fiscal year.
01/11/2016 - Virtu Financial, Inc. was upgraded to " by analysts at Goldman Sachs. The financial services provider posted $0.16 Earnings per share for the period, hitting the Zacks' average forecast of $0.16. Virtu Financial had a net margin of 4.41% and a return on equity of 20.72%. During the same period previous year, the business posted $0.31 earnings per share. Over the last quarter, insiders acquired 395,670 shares of company stock valued at $6,195,021. Zacks Investment Research upgraded shares of Virtu Financial from a "sell" rating to a "hold" rating in a research note on Wednesday, July 5th.
04/21/2017 - Virtu Financial, Inc. had its " rating reiterated by analysts at UBS. If you are reading this piece on another domain, it was copied illegally and reposted in violation of United States & global copyright and trademark laws.
Virtu Financial, Inc. was downgraded to " by analysts at Citigroup. Additionally Virtu Financial, Inc. recently declared a dividend for shareholders that was paid on Thursday June 15th, 2017. 811,875 shares of the stock traded hands. The company's 50-day moving average price is $16.76 and its 200-day moving average price is $16.69. The stock has a market cap of $685.24 million, a price-to-earnings ratio of 25.15 and a beta of 0.42. Virtu Financial achieved a news impact rank of 0.02 on Accern's range. Stockholders of record on Thursday, June 1st were issued a $0.24 dividend. The ex-dividend date was set for Tuesday the 30th of May 2017. This represents a $0.96 annualized dividend and a dividend yield of 5.75%.
Stock of Virtu Financial, Inc.
In associated news, executive Tjmt Holdings purchased 144,542 stocks of the firm's shares in a trade on early Mon, Apr 17th. the share was purchased at a consensus cost of $15.46 for a share, amounting $2,234,619.32. In a transaction dated April. 07, 2017, the shares were bought at an average price of $15.87, giving away a sum of $2,398,401. The fund purchased 6,387 shares of the financial services provider's stock, valued at approximately $109,000. Earnings per share (EPS) are the portion of a company's profit allocated to each outstanding share of common stock. Finally, Eagle Ridge Investment Management acquired a new stake in Virtu Financial during the first quarter worth $250,000. Russell Investments Group Ltd. boosted its stake in shares of Virtu Financial by 506.5% in the first quarter. First Bank & Trust now owns 8,967 shares of the financial services provider's stock worth $152,000 after buying an additional 1,983 shares in the last quarter. Ladenburg Thalmann Financial Services Inc. boosted its stake in shares of Virtu Financial by 90.4% in the fourth quarter. Ladenburg Thalmann Financial Services Inc. now owns 10,453 shares of the financial services provider's stock worth $167,000 after buying an additional 4,963 shares in the last quarter. The third largest holder is Vanguard Group Inc, which now holds $39.93 million worth of this stock and that ownership represents almost 1.71% of its market capitalization. The Company is involved in the development of a single, proprietary, multi-asset, multi-currency technology platform, through which it provides quotations to buyers and sellers in equities, commodities, currencies, options, fixed income and other securities on numerous exchanges, markets and liquidity pools in various countries around the world. The Company is involved in buying and selling volumes of securities and other financial instruments, and earning small bid/ask spreads.