Interactive Brokers Group, Inc. (NASDAQ:IBKR) Shares Sold by Yousif Capital Management LLC

Yousif Capital Management LLC lessened its stake in Interactive Brokers Group, Inc. (NASDAQ:IBKR) by 3.9% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 38,254 shares of the financial services provider’s stock after selling 1,566 shares during the quarter. Yousif Capital Management LLC’s holdings in Interactive Brokers Group were worth $6,758,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in IBKR. JPMorgan Chase & Co. lifted its stake in Interactive Brokers Group by 0.3% in the third quarter. JPMorgan Chase & Co. now owns 4,017,082 shares of the financial services provider’s stock worth $559,821,000 after acquiring an additional 11,379 shares during the last quarter. State Street Corp lifted its position in shares of Interactive Brokers Group by 1.7% during the 3rd quarter. State Street Corp now owns 3,222,135 shares of the financial services provider’s stock worth $449,037,000 after purchasing an additional 52,911 shares during the last quarter. Geode Capital Management LLC grew its stake in shares of Interactive Brokers Group by 5.4% during the third quarter. Geode Capital Management LLC now owns 2,065,535 shares of the financial services provider’s stock worth $287,921,000 after purchasing an additional 106,392 shares in the last quarter. FMR LLC increased its holdings in Interactive Brokers Group by 12.2% in the third quarter. FMR LLC now owns 1,094,598 shares of the financial services provider’s stock valued at $152,543,000 after buying an additional 119,187 shares during the last quarter. Finally, Bamco Inc. NY raised its stake in Interactive Brokers Group by 16.3% in the third quarter. Bamco Inc. NY now owns 912,608 shares of the financial services provider’s stock valued at $127,181,000 after buying an additional 127,640 shares in the last quarter. 23.80% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Interactive Brokers Group

In other Interactive Brokers Group news, Director Jill Bright bought 135 shares of the business’s stock in a transaction dated Friday, January 31st. The stock was acquired at an average cost of $219.51 per share, with a total value of $29,633.85. Following the purchase, the director now owns 2,476 shares in the company, valued at approximately $543,506.76. This represents a 5.77 % increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. 3.21% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on IBKR. Citigroup upped their price objective on Interactive Brokers Group from $180.00 to $220.00 and gave the stock a “buy” rating in a research report on Friday, January 10th. The Goldman Sachs Group increased their price target on shares of Interactive Brokers Group from $171.00 to $195.00 and gave the company a “buy” rating in a research note on Tuesday, December 3rd. Barclays boosted their price objective on shares of Interactive Brokers Group from $224.00 to $231.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 22nd. Keefe, Bruyette & Woods increased their target price on shares of Interactive Brokers Group from $190.00 to $195.00 and gave the company a “market perform” rating in a research report on Monday, January 13th. Finally, UBS Group boosted their price target on shares of Interactive Brokers Group from $225.00 to $265.00 and gave the company a “buy” rating in a research report on Monday, January 27th. One equities research analyst has rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $204.13.

Interactive Brokers Group Stock Performance

NASDAQ IBKR opened at $228.23 on Friday. The firm’s fifty day moving average is $191.29 and its two-hundred day moving average is $158.89. Interactive Brokers Group, Inc. has a one year low of $92.61 and a one year high of $235.30. The firm has a market cap of $96.43 billion, a PE ratio of 32.33, a P/E/G ratio of 1.54 and a beta of 0.89.

Interactive Brokers Group (NASDAQ:IBKR) last issued its quarterly earnings results on Tuesday, January 21st. The financial services provider reported $2.03 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.81 by $0.22. Interactive Brokers Group had a return on equity of 5.00% and a net margin of 9.25%. The firm had revenue of $1.39 billion for the quarter, compared to analysts’ expectations of $1.37 billion. During the same quarter in the previous year, the firm posted $1.52 EPS. The firm’s revenue for the quarter was up 21.8% on a year-over-year basis. Research analysts predict that Interactive Brokers Group, Inc. will post 7.39 earnings per share for the current year.

Interactive Brokers Group Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Friday, February 28th will be issued a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 0.44%. The ex-dividend date of this dividend is Friday, February 28th. Interactive Brokers Group’s dividend payout ratio is presently 14.16%.

Interactive Brokers Group Profile

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.