Virtu Financial, Inc. (NASDAQ:VIRT) Stake Owned by Temasek Holdings (Private) Ltd

Virtu Financial

Virtu Financial

The investor owns 18,663,837 shares of the stock worth $307,953,311.

Boasting a price of $16.50, Virtu Financial (NDAQ:VIRT) traded 1.54% higher on the day.

With a total market value of $0, Virtu Financial has price-earnings ratio of 35.87 with a one year low of $12.35 and a one year high of $19.07.

Shares of the company are trading at $15.50 which is just a bit below $16.98, the 50 day moving average and barely below the 200 day moving average of $16.80.

Virtu Financial, Inc. now has a P/E ratio of 23.13 and the market cap of the company is 630.34M. The financial services provider reported $0.13 earnings per share for the quarter, missing analysts' consensus estimates of $0.23 by $0.10. Virtu Financial had a return on equity of 16.40% and a net margin of 3.42%. The firm had revenue of $77.10 million during the quarter, compared to analysts' expectations of $82.23 million. During the same period in the prior year, the company posted $0.24 earnings per share. The firm's quarterly revenue was down 24.6% compared to the same quarter previous year. Analysts predict that Virtu Financial, Inc. will post $0.72 EPS for the current year. Additionally the company declared a dividend for shareholders paid on Thursday June 15th, 2017. 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. There is an annual dividend of $$0.96 with a yield of 5.91% The payout ration for the trailing 12 months of earnings is 133.33%, 133.33% based on this years estimates and 98.97% based on next years projected estimates.

What Guru's think About Is Virtu Financial, Inc. If you are reading this news story on another publication, it was copied illegally and republished in violation of global copyright law. The original version of this news story can be viewed at https://theolympiareport.com/2017/08/10/virtu-financial-inc-nasdaqvirt-stake-maintained-by-temasek-holdings-private-ltd-updated.html. A total number of 3 analysts provided estimations over revenues. UBS AG restated a "buy" rating and issued a $19.00 price objective (up from $17.00) on shares of Virtu Financial in a report on Monday, April 24th. TheStreet upgraded shares of Virtu Financial from a "d-" rating to a "c-" rating in a research note on Friday, May 19th. Finally, Citigroup Inc. cut shares of Virtu Financial from a "neutral" rating to a "sell" rating and dropped their price objective for the company from $17.00 to $16.00 in a research note on Wednesday, July 12th. BidaskClub lowered shares of Virtu Financial from a "hold" rating to a "sell" rating in a report on Wednesday, July 19th. Three research analysts have rated the stock with a sell rating, two have issued a hold rating and one has given a buy rating to the company's stock. The company now has an average rating of "Hold" and an average price target of $15.50.

Several hedge funds have recently bought and sold shares of VIRT.

ILLEGAL ACTIVITY WARNING: "North Island Ventures, Llc Buys 338,124 Shares of Virtu Financial, Inc". O Shaughnessy Asset Management LLC purchased a new position in Virtu Financial during the first quarter valued at about $109,000. Eagle Ridge Investment Management purchased a new stake in Virtu Financial during the first quarter valued at $250,000. US Bancorp DE boosted its position in shares of Virtu Financial by 80.1% in the first quarter. Finally, Arete Wealth Advisors LLC boosted its stake in shares of Virtu Financial by 12.9% in the first quarter. First Bank & Trust now owns 8,967 shares of the financial services provider's stock valued at $152,000 after buying an additional 1,983 shares during the last quarter.

Virtu Financial, Inc is a holding company. The Company is a technology-enabled market maker and liquidity provider to the financial markets across the world. The Company is involved in buying and selling volumes of securities and other financial instruments, and earning small bid/ask spreads.

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