Sciencast Management LP acquired a new position in Interactive Brokers Group, Inc. (NASDAQ:IBKR) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 4,186 shares of the financial services provider’s stock, valued at approximately $263,000.
Other large investors have also recently made changes to their positions in the company. Prudential Financial Inc. grew its stake in Interactive Brokers Group by 4.0% in the third quarter. Prudential Financial Inc. now owns 115,814 shares of the financial services provider’s stock worth $5,216,000 after purchasing an additional 4,475 shares in the last quarter. Bank of New York Mellon Corp grew its stake in Interactive Brokers Group by 2.0% in the third quarter. Bank of New York Mellon Corp now owns 750,411 shares of the financial services provider’s stock worth $33,799,000 after purchasing an additional 14,443 shares in the last quarter. New York State Common Retirement Fund grew its stake in Interactive Brokers Group by 5.5% in the third quarter. New York State Common Retirement Fund now owns 192,601 shares of the financial services provider’s stock worth $8,675,000 after purchasing an additional 10,000 shares in the last quarter. Swiss National Bank grew its stake in Interactive Brokers Group by 6.4% in the fourth quarter. Swiss National Bank now owns 115,700 shares of the financial services provider’s stock worth $6,851,000 after purchasing an additional 7,000 shares in the last quarter. Finally, Uncommon Cents Investing LLC bought a new position in Interactive Brokers Group in the fourth quarter worth approximately $1,163,000. 15.90% of the stock is currently owned by institutional investors.
In other news, Vice Chairman Earl H. Nemser sold 32,000 shares of the stock in a transaction on Monday, January 22nd. The stock was sold at an average price of $62.80, for a total transaction of $2,009,600.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 1.98% of the stock is currently owned by company insiders.
Shares of Interactive Brokers Group, Inc. (IBKR) opened at $71.07 on Friday. The stock has a market capitalization of $29,260.09, a price-to-earnings ratio of 46.76, a price-to-earnings-growth ratio of 3.38 and a beta of 0.93. Interactive Brokers Group, Inc. has a 52-week low of $33.01 and a 52-week high of $74.11.
Interactive Brokers Group (NASDAQ:IBKR) last announced its earnings results on Tuesday, January 16th. The financial services provider reported $0.43 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.36 by $0.07. The business had revenue of $515.00 million for the quarter, compared to analysts’ expectations of $398.05 million. Interactive Brokers Group had a return on equity of 1.74% and a net margin of 3.94%. The business’s revenue for the quarter was up 166.8% on a year-over-year basis. During the same quarter last year, the firm earned $0.07 EPS. equities analysts predict that Interactive Brokers Group, Inc. will post 2.1 earnings per share for the current year.
The business also recently announced a quarterly dividend, which was paid on Wednesday, March 14th. Shareholders of record on Thursday, March 1st were given a dividend of $0.10 per share. The ex-dividend date was Wednesday, February 28th. This represents a $0.40 annualized dividend and a yield of 0.56%. Interactive Brokers Group’s dividend payout ratio (DPR) is presently 37.38%.
Several research analysts recently issued reports on IBKR shares. BidaskClub cut Interactive Brokers Group from a “strong-buy” rating to a “buy” rating in a research note on Saturday, December 16th. Sandler O’Neill reissued a “buy” rating on shares of Interactive Brokers Group in a research note on Friday, February 2nd. ValuEngine raised Interactive Brokers Group from a “hold” rating to a “buy” rating in a research note on Thursday, March 1st. SunTrust Banks reissued a “hold” rating on shares of Interactive Brokers Group in a research note on Friday, March 2nd. Finally, Zacks Investment Research cut Interactive Brokers Group from a “buy” rating to a “hold” rating in a research note on Wednesday, January 3rd. Two research analysts have rated the stock with a sell rating, three have issued a hold rating, two have assigned a buy rating and two have assigned a strong buy rating to the company. The company has a consensus rating of “Hold” and a consensus price target of $54.00.
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Interactive Brokers Group 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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