From MarketBeat:

Hahn Capital Management LLC has decreased its stake in Virtu Financial, Inc. by 14.8% in the third quarter, according to the company’s most recent Form 13F filing. The fund owned 474,467 shares of the financial services provider’s stock. Virtu Financial’s stock was owned at approximately 0.29% of Virtu Financial worth $8,194,000. Other hedge funds and other institutional investors have also modified their holdings of the company. Institutional investors own 46.02% of the company’s stock.

Virtu Financial, Inc. trading up 0.4%, VIRT stock traded up $0.09 during trading on Friday, hitting $20.73. The company had a trading volume of 683,952 shares, compared to its average volume of 747,043. The firm has a market capitalization of $3.30 billion, a P/E ratio of 12.80 and a beta of 0.36. Virtu Financial, Inc. has a 52-week low of $16.26 and a 52-week high of $21.66.

Virtu Financial late posted quarterly earnings results on Thursday, November 2nd, reported $0.40 EPS for the quarter, topping the consensus estimate of $0.33 by $0.07. The company had revenue of $298.01 million for the quarter, compared to the consensus estimate of $284.22 million. Virtu Financial had a net margin of 7.31% and a return on equity of 17.03%. Virtu Financial, Inc. will post 1.77 earnings per share for the current fiscal year.

Virtu Financial also recently announced a quarterly dividend, which was paid on Friday, December 15th. Shareholders of record on Friday, December 1st were given a dividend of $0.24 per share. This represents a $0.96 dividend on an annualized basis and a yield of 4.63%. The ex-dividend date was Thursday, November 30th. Virtu Financial’s dividend payout ratio (DPR) is 59.26%.

Virtu Financial, Inc is a financial services company in New York. The company operates through two segments, Market Making and Execution Services. Its solutions enable clients to trade on various venues across countries and in multiple asset classes, including global equities, ETFs, foreign exchange, futures, fixed income, cryptocurrencies, and other commodities.

For the latest 13F filings and insider trades for Virtu Financial, Inc. visit HoldingsChannel.com. This story was reviewed by MarketBeat’s editorial team prior to publication. Any questions or comments about this story can be sent to [email protected].



Read more: Hahn Capital Management LLC Sells 82,734 Shares of Virtu Financial, Inc. (NASDAQ:VIRT)