Aspire Private Capital LLC Sells 163 Shares of Interactive Brokers Group, Inc. (NASDAQ:IBKR)

Aspire Private Capital LLC trimmed its holdings in shares of Interactive Brokers Group, Inc. (NASDAQ:IBKR) by 1.2% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 13,568 shares of the financial services provider’s stock after selling 163 shares during the period. Aspire Private Capital LLC’s holdings in Interactive Brokers Group were worth $2,397,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the stock. JPMorgan Chase & Co. increased its holdings in shares of Interactive Brokers Group by 0.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 4,017,082 shares of the financial services provider’s stock valued at $559,821,000 after acquiring an additional 11,379 shares during the last quarter. State Street Corp grew its holdings in Interactive Brokers Group by 1.7% during the third quarter. State Street Corp now owns 3,222,135 shares of the financial services provider’s stock valued at $449,037,000 after purchasing an additional 52,911 shares during the last quarter. Marshall Wace LLP raised its position in shares of Interactive Brokers Group by 23.8% in the second quarter. Marshall Wace LLP now owns 2,507,059 shares of the financial services provider’s stock valued at $307,365,000 after purchasing an additional 481,826 shares during the period. Geode Capital Management LLC raised its position in shares of Interactive Brokers Group by 5.4% in the third quarter. Geode Capital Management LLC now owns 2,065,535 shares of the financial services provider’s stock valued at $287,921,000 after purchasing an additional 106,392 shares during the period. Finally, FMR LLC boosted its holdings in shares of Interactive Brokers Group by 12.2% during the 3rd quarter. FMR LLC now owns 1,094,598 shares of the financial services provider’s stock worth $152,543,000 after buying an additional 119,187 shares during the period. 23.80% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several research analysts recently commented on the stock. Jefferies Financial Group lifted their target price on shares of Interactive Brokers Group from $152.00 to $165.00 and gave the stock a “buy” rating in a report on Friday, October 4th. Piper Sandler increased their target price on Interactive Brokers Group from $163.00 to $200.00 and gave the company an “overweight” rating in a research note on Tuesday, January 7th. Barclays lifted their price target on Interactive Brokers Group from $214.00 to $224.00 and gave the stock an “overweight” rating in a research report on Monday, January 13th. UBS Group increased their price objective on Interactive Brokers Group from $155.00 to $170.00 and gave the company a “buy” rating in a research report on Tuesday, October 8th. Finally, Citigroup raised their price objective on shares of Interactive Brokers Group from $180.00 to $220.00 and gave the stock a “buy” rating in a research note on Friday, January 10th. One analyst has rated the stock with a hold rating and seven have given a buy rating to the stock. According to data from MarketBeat.com, Interactive Brokers Group currently has a consensus rating of “Moderate Buy” and an average target price of $190.13.

Interactive Brokers Group Stock Performance

NASDAQ:IBKR opened at $192.83 on Wednesday. The company has a market capitalization of $81.47 billion, a price-to-earnings ratio of 29.44, a PEG ratio of 1.38 and a beta of 0.87. Interactive Brokers Group, Inc. has a 52 week low of $88.22 and a 52 week high of $194.87. The company has a 50-day moving average of $184.08 and a 200-day moving average of $151.45.

Interactive Brokers Group (NASDAQ:IBKR) last released its quarterly earnings data on Tuesday, January 21st. The financial services provider reported $2.03 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.81 by $0.22. Interactive Brokers Group had a return on equity of 4.83% and a net margin of 7.89%. The firm had revenue of $1.39 billion during the quarter, compared to analyst estimates of $1,372,590.34 billion. During the same period in the prior year, the company posted $1.52 earnings per share. The business’s revenue for the quarter was up 21.8% compared to the same quarter last year. Sell-side analysts forecast that Interactive Brokers Group, Inc. will post 6.99 EPS for the current year.

About Interactive Brokers Group

Interactive Brokers Group, Inc operates as an automated electronic broker worldwide. The company engages in the execution, clearance, and settlement of trades in stocks, options, futures, foreign exchange instruments, bonds, mutual funds, exchange traded funds (ETFs), precious metals, and cryptocurrencies.