Large shareholders that own 10% or more of a company's shares are required to disclose their sales and purchases with the SEC. The reporting parties listed on the disclosure included Temasek Holdings (Private) Limited, Fullerton Fund Investments Pte Ltd, Havelock Fund Investments Pte Ltd, Temasek Capital (Private) Limited, Seletar Investments Pte Ltd and Aranda Investments Pte Ltd.
Several other hedge funds also recently added to or reduced their stakes in the company. Finally, Janney Montgomery Scott LLC purchased a new position in shares of Virtu Financial during the first quarter worth approximately $2,126,000. Teachers Advisors LLC boosted its position in shares of Virtu Financial by 37.1% in the fourth quarter. American International Group Inc. now owns 15,512 shares of the financial services provider's stock valued at $264,000 after buying an additional 1,023 shares in the last quarter.
Shares of Virtu Financial, Inc. The stock exchanged hands 1.97 Million shares versus average trading capacity of 517.37 Million shares. For the current quarter Virtu Financial Cm A (NASDAQ:VIRT) has high EPS estimates of $0.24 in contradiction of low EPS estimates of $0.15. The firm has a market capitalization of $685.68 million, a price-to-earnings ratio of 36.52 and a beta of 0.39. The firm's 50-day moving average price is $16.81 and its 200 day moving average price is $16.80. The business had revenue of $77.10 million for the quarter, compared to the consensus estimate of $82.23 million.
Taking a broader look at the analyst consensus, according to 3 analysts Virtu Financial Cm A (NASDAQ:VIRT)'s price will reach at $18 during 52 weeks.
Over the last 5 years, Virtu Financial, Inc. has averaged a 5.50% YoY EPS growth rate and a 8.80% revenue growth rate. During the same period previous year, the firm posted $0.24 earnings per share. On average, equities analysts anticipate that Virtu Financial will post $0.67 EPS for the current year.
Amerco (NASDAQ:UHAL) Traded 6.4% Above Its 50 Day Average
On average, equities research analysts expect that Amerco will post $22.00 earnings per share for the current fiscal year. Separately, BidaskClub cut Amerco from a "buy" rating to a "hold" rating in a research note on Thursday, June 22nd.
COPYRIGHT VIOLATION NOTICE: This piece of content was originally posted by BBNS and is the sole property of of BBNS. Stockholders of record on Friday, September 1st will be issued a $0.24 dividend. More interesting news about Virtu Financial Inc (NASDAQ:VIRT) were released by: Marketwatch.com and their article: "Low volatility dampens Virtu's profit" published on August 08, 2017 as well as Globenewswire.com's news article titled: "Virtu Financial to Host Conference Call Announcing 2017 Second Quarter Results ..." with publication date: July 27, 2017. The dividend payment was $0.240 per share for the quarter which comes to $0.96 on an annualized basis. Quantbot Technologies LP raised its position in Virtu Financial by 1,479.0% in the first quarter.
TRADEMARK VIOLATION WARNING: "Renaissance Technologies LLC Buys 339,691 Shares of Virtu Financial, Inc". If you are accessing this story on another website, it was stolen and reposted in violation of United States & global copyright & trademark legislation. The legal version of this report can be viewed at https://www.themarketsdaily.com/2017/08/11/north-island-ventures-llc-buys-338124-shares-of-virtu-financial-inc-virt-stock.html.
Here are some other firms who have updated their holdings. UBS AG reiterated a "buy" rating and set a $19.00 price objective (up from $17.00) on shares of Virtu Financial in a research report on Monday, April 24th.
On 4/5/2016 Goldman Sachs Group, Inc. TheStreet upgraded Virtu Financial from a "d-" rating to a "c-" rating in a report on Friday, May 19th. Citigroup Inc. cut Virtu Financial from a "neutral" rating to a "sell" rating and dropped their price target for the company from $17.00 to $16.00 in a research note on Wednesday, July 12th. BidaskClub cut shares of Virtu Financial from a "hold" rating to a "sell" rating in a research note on Wednesday, July 19th. For now, VIRT is the toast of Wall Street as its ABR stands at 3.00 with 1 out of 3 analysts rating the stock a buy. The stock presently has an average rating of "Hold" and a consensus target price of $15.50. The stock was bought at an average cost of $15.60 per share, for a total transaction of $99,000,018.00. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.