Dimensional Fund Advisors LP Has $74.73 Million Holdings in Interactive Brokers Group, Inc. (IBKR)

Dimensional Fund Advisors LP lifted its stake in shares of Interactive Brokers Group, Inc. (NASDAQ:IBKR) by 3.5% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,996,966 shares of the financial services provider’s stock after buying an additional 67,695 shares during the quarter. Dimensional Fund Advisors LP owned about 2.89% of Interactive Brokers Group worth $74,726,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Baillie Gifford & Co. increased its position in shares of Interactive Brokers Group by 3.8% during the second quarter. Baillie Gifford & Co. now owns 5,941,025 shares of the financial services provider’s stock valued at $222,313,000 after buying an additional 215,591 shares during the period. KCG Holdings Inc. increased its position in shares of Interactive Brokers Group by 8.4% during the first quarter. KCG Holdings Inc. now owns 11,854 shares of the financial services provider’s stock valued at $412,000 after buying an additional 917 shares during the period. Quinn Opportunity Partners LLC increased its position in shares of Interactive Brokers Group by 10.1% during the second quarter. Quinn Opportunity Partners LLC now owns 380,856 shares of the financial services provider’s stock valued at $14,252,000 after buying an additional 35,000 shares during the period. Micawber Capital LLC increased its position in shares of Interactive Brokers Group by 8.4% during the second quarter. Micawber Capital LLC now owns 63,270 shares of the financial services provider’s stock valued at $2,368,000 after buying an additional 4,923 shares during the period. Finally, Prudential Financial Inc. increased its position in shares of Interactive Brokers Group by 0.3% during the first quarter. Prudential Financial Inc. now owns 113,689 shares of the financial services provider’s stock valued at $3,947,000 after buying an additional 390 shares during the period. Institutional investors own 15.01% of the company’s stock.

In related news, Vice Chairman Earl H. Nemser sold 790 shares of Interactive Brokers Group stock in a transaction dated Wednesday, September 27th. The shares were sold at an average price of $44.28, for a total transaction of $34,981.20. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Vice Chairman Earl H. Nemser sold 1,657 shares of Interactive Brokers Group stock in a transaction dated Thursday, August 3rd. The shares were sold at an average price of $40.42, for a total transaction of $66,975.94. The disclosure for this sale can be found here. Insiders have sold a total of 824,188 shares of company stock valued at $35,132,528 in the last quarter. 3.41% of the stock is currently owned by company insiders.

WARNING: “Dimensional Fund Advisors LP Has $74.73 Million Holdings in Interactive Brokers Group, Inc. (IBKR)” was reported by The Ledger Gazette and is owned by of The Ledger Gazette. If you are viewing this news story on another publication, it was stolen and republished in violation of United States and international trademark and copyright legislation. The correct version of this news story can be viewed at https://ledgergazette.com/2017/10/10/dimensional-fund-advisors-lp-has-74-73-million-holdings-in-interactive-brokers-group-inc-ibkr.html.

Interactive Brokers Group, Inc. (IBKR) opened at 47.56 on Tuesday. The company’s 50 day moving average is $43.36 and its 200 day moving average is $38.40. Interactive Brokers Group, Inc. has a 12 month low of $31.97 and a 12 month high of $48.15. The stock has a market cap of $3.40 billion, a PE ratio of 46.45 and a beta of 0.95.

Interactive Brokers Group (NASDAQ:IBKR) last announced its quarterly earnings data on Tuesday, July 18th. The financial services provider reported $0.32 earnings per share for the quarter, missing analysts’ consensus estimates of $0.37 by ($0.05). Interactive Brokers Group had a net margin of 4.97% and a return on equity of 1.19%. The company had revenue of $387.00 million for the quarter, compared to the consensus estimate of $377.65 million. During the same quarter in the previous year, the business earned $0.40 EPS. The company’s quarterly revenue was up 4.9% compared to the same quarter last year. On average, analysts anticipate that Interactive Brokers Group, Inc. will post $1.55 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 14th. Investors of record on Friday, September 1st were issued a dividend of $0.10 per share. The ex-dividend date was Wednesday, August 30th. This represents a $0.40 dividend on an annualized basis and a yield of 0.84%. Interactive Brokers Group’s payout ratio is 38.84%.

IBKR has been the topic of several research analyst reports. Keefe, Bruyette & Woods reiterated a “hold” rating and set a $38.00 price target on shares of Interactive Brokers Group in a research report on Friday, June 30th. SunTrust Banks, Inc. reiterated a “hold” rating and set a $38.00 price target on shares of Interactive Brokers Group in a research report on Thursday, July 6th. BidaskClub upgraded shares of Interactive Brokers Group from a “hold” rating to a “buy” rating in a research report on Thursday, July 6th. Zacks Investment Research cut shares of Interactive Brokers Group from a “buy” rating to a “hold” rating in a research report on Friday, July 7th. Finally, Rosenblatt Securities initiated coverage on shares of Interactive Brokers Group in a research report on Thursday, July 13th. They set a “neutral” r

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Baillie Gifford & Co. increased its position in shares of Interactive Brokers Group by 3.8% during the second quarter. Baillie Gifford & Co. now owns 5,941,025 shares of the financial services provider’s stock valued at $222,313,000 after buying an additional 215,591 shares during the period. KCG Holdings Inc. increased its position in shares of Interactive Brokers Group by 8.4% during the first quarter. KCG Holdings Inc. now owns 11,854 shares of the financial services provider’s stock valued at $412,000 after buying an additional 917 shares during the period. Quinn Opportunity Partners LLC increased its position in shares of Interactive Brokers Group by 10.1% during the second quarter. Quinn Opportunity Partners LLC now owns 380,856 shares of the financial services provider’s stock valued at $14,252,000 after buying an additional 35,000 shares during the period. Micawber Capital LLC increased its position in shares of Interactive Brokers Group by 8.4% during the second quarter. Micawber Capital LLC now owns 63,270 shares of the financial services provider’s stock valued at $2,368,000 after buying an additional 4,923 shares during the period. Finally, Prudential Financial Inc. increased its position in shares of Interactive Brokers Group by 0.3% during the first quarter. Prudential Financial Inc. now owns 113,689 shares of the financial services provider’s stock valued at $3,947,000 after buying an additional 390 shares during the period. Institutional investors own 15.01% of the company’s stock.

In related news, Vice Chairman Earl H. Nemser sold 790 shares of Interactive Brokers Group stock in a transaction dated Wednesday, September 27th. The shares were sold at an average price of $44.28, for a total transaction of $34,981.20. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Vice Chairman Earl H. Nemser sold 1,657 shares of Interactive Brokers Group stock in a transaction dated Thursday, August 3rd. The shares were sold at an average price of $40.42, for a total transaction of $66,975.94. The disclosure for this sale can be found here. Insiders have sold a total of 824,188 shares of company stock valued at $35,132,528 in the last quarter. 3.41% of the stock is currently owned by company insiders.

WARNING: “Dimensional Fund Advisors LP Has $74.73 Million Holdings in Interactive Brokers Group, Inc. (IBKR)” was reported by The Ledger Gazette and is owned by of The Ledger Gazette. If you are viewing this news story on another publication, it was stolen and republished in violation of United States and international trademark and copyright legislation. The correct version of this news story can be viewed at https://ledgergazette.com/2017/10/10/dimensional-fund-advisors-lp-has-74-73-million-holdings-in-interactive-brokers-group-inc-ibkr.html.

Interactive Brokers Group, Inc. (IBKR) opened at 47.56 on Tuesday. The company’s 50 day moving average is $43.36 and its 200 day moving average is $38.40. Interactive Brokers Group, Inc. has a 12 month low of $31.97 and a 12 month high of $48.15. The stock has a market cap of $3.40 billion, a PE ratio of 46.45 and a beta of 0.95.

Interactive Brokers Group (NASDAQ:IBKR) last announced its quarterly earnings data on Tuesday, July 18th. The financial services provider reported $0.32 earnings per share for the quarter, missing analysts’ consensus estimates of $0.37 by ($0.05). Interactive Brokers Group had a net margin of 4.97% and a return on equity of 1.19%. The company had revenue of $387.00 million for the quarter, compared to the consensus estimate of $377.65 million. During the same quarter in the previous year, the business earned $0.40 EPS. The company’s quarterly revenue was up 4.9% compared to the same quarter last year. On average, analysts anticipate that Interactive Brokers Group, Inc. will post $1.55 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 14th. Investors of record on Friday, September 1st were issued a dividend of $0.10 per share. The ex-dividend date was Wednesday, August 30th. This represents a $0.40 dividend on an annualized basis and a yield of 0.84%. Interactive Brokers Group’s payout ratio is 38.84%.

IBKR has been the topic of several research analyst reports. Keefe, Bruyette & Woods reiterated a “hold” rating and set a $38.00 price target on shares of Interactive Brokers Group in a research report on Friday, June 30th. SunTrust Banks, Inc. reiterated a “hold” rating and set a $38.00 price target on shares of Interactive Brokers Group in a research report on Thursday, July 6th. BidaskClub upgraded shares of Interactive Brokers Group from a “hold” rating to a “buy” rating in a research report on Thursday, July 6th. Zacks Investment Research cut shares of Interactive Brokers Group from a “buy” rating to a “hold” rating in a research report on Friday, July 7th. Finally, Rosenblatt Securities initiated coverage on shares of Interactive Brokers Group in a research report on Thursday, July 13th. They set a “neutral” rating and a $40.00 price target on the stock. One analyst has rated the stock with a sell rating, five have given a hold rating, one has assigned a buy rating and one has issued a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average price target of $40.33.

Interactive Brokers Group Company Profile

Interactive Brokers Group, Inc (IBG, Inc) is a holding company. The Company is an automated global electronic broker and market maker specializing in routing orders, and executing and processing trades in securities, futures, foreign exchange instruments, bonds and mutual funds on over 120 electronic exchanges and market centers around the world and offering custody, prime brokerage, securities and margin lending services to customers.

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Institutional Ownership by Quarter for Interactive Brokers Group (NASDAQ:IBKR)

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